High on the agenda during the morning session was the 5-year socio-economic development plan through 2030. Deputies agreed that achieving double-digit annual growth will be a formidable challenge. They suggested that Vietnam accelerate institutional reforms and increase decentralization to local authorities, particularly in land management and private investment.
It’s important to advance the circular economy and green economy and low-carbon growth, and ensure that environmental sustainability is not compromised by economic expansion, deputies said.
Regarding policies for the special organizational model of an International Financial Center, which has begun operation in Da Nang and Ho Chi Minh City, deputies said it marks a strategic breakthrough in attracting foreign capital, fostering financial technology (fintech), and increasing global competitiveness. But the new sector will need to find ways to compete with established financial hubs.
Phan Duy Anh, a National Assembly deputy from Da Nang, urged the Government to provide close guidance to ensure the effective operation of the Vietnam International Financial Center. “In particular, regulations for the executive council should be issued soon, and a dedicated body should be established to provide oversight and implement breakthrough policies. That will help create a competitive edge in attracting capital, technology, and major global financial institutions," said Duy Anh.
Finance Minister Ngo Van Tuan affirmed the Government’s determination to achieve double-digit growth while maintaining macroeconomic stability from 2026 to 2030.
"Key solutions include renewing the growth model through digital transformation, improving human resource quality, refining institutions, and strengthening regional linkages and value chains,” said Tuan, adding, “Mobilizing capital and improving the efficiency of public investment will be crucial. Public investment will play a leading role in guiding overall investment and driving growth. Fiscal and monetary policies will be closely coordinated to ensure sufficient capital for the economy while safeguarding macroeconomic stability."
