Vietnam poised to achieve growth rate of 8% in 2025
(VOVWORLD) - Vietnam will take steps to achieve a growth rate of at least 8% in 2025, Deputy Minister of Planning and Investment Nguyen Duc Tam told a press briefing in Hanoi on Wednesday.
 Minister, Head of the Government Office, Government spokesperson Tran Van Son chairs the monthly government meeting on January 8, 2025. (Photo: VGP) |
Tam said the Vietnamese economy will inherit last year’s high growth and state agencies will be streamlined to improve efficiency and effectiveness.
In addition, measures to renew growth drivers, particularly investment, domestic consumption, and export-import will be implemented, Tam said.
He added, “We have identified 2025 as the year to stimulate domestic consumption and attract more domestic and foreign tourists. We hope to see 120 to 130 million domestic tourists and 20 million foreign tourists.”
 Deputy Minister of Planning and Investment Nguyen Duc Tam speaks at the meeting (Photo: VGP) |
Mr. Tam underscored the need to promote science, technology, and innovation, attract investment, and develop emerging high-tech industries like AI and semiconductor chips.
Steps should be taken to mobilize social resources, develop private enterprises, and unlock resources in real estate, securities, and corporate bonds, he added.