(VOVWORLD) -Prime Minister Pham Minh Chinh on Monday said that at the end of the 2021-2025 term, Vietnam achieved major socio-economic results with growth reaching 8.02% in 2025, creating a foundation for breakthrough development, rapid and sustainable growth in the next period.
 Scene of the meeting. Photo: VOV
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Prime Minister Chinh, who heads the Government Steering Committee for Macroeconomic Management and Administration, chaired the committee’s second meeting on Monday. He directed the continued implementation of an expansionary fiscal policy with reasonable tax, fee, and levy policies to serve development, especially the goal of double-digit growth, directed towards growth drivers.
The PM stressed measures to increase revenue and save on expenditure, while spending more on security, defense, growth drivers, and social welfare. Relevant parties were urged to accelerate the disbursement of public investment capital and implement national target programs from the beginning of the year.
In particular, for large-scale infrastructure projects such as railways, airports, and seaports, the goal is to achieve a 100% disbursement rate of public investment capital, while resolutely removing obstacles, cutting down and simplifying administrative procedures and business conditions. Relevant parties should attract large-scale, high-tech foreign direct investment (FDI) projects and boost on-site investment promotion, the PM said, calling for a proactive, flexible, timely, and effective monetary policy.
 Prime Minister Pham Minh Chinh speaks at the meeting. Photo: VOV
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Regarding capital market development, Prime Minister Pham Minh Chinh said, "It’s necessary to develop the gold market, stock market, real estate market, land and housing transaction market. All must be digitized. Databases must be built for all industries and sectors so as to develop a healthy, safe, open, and transparent market based on digital transformation. Cumbersome administrative procedures that increase costs incurred by people and businesses must be cut down."
"The International Financial Centers in Ho Chi Minh City and Da Nang must be put into operation no later than February 9, 2026, and the Executive Council will be refined to boost the capital market," he added.
Prime Minister Chinh emphasized the need to achieve socio-economic development goals, especially the growth goal, in the first quarter, creating momentum for 2026 and the entire 2026-2030 period.