Finance Minister Ngo Van Tuan said the economy maintained positive momentum despite numerous challenges, as obstacles were removed, traditional growth drivers were strengthened, and new sources of growth were fostered.
GDP grew 9.01% in the first nine months of the year, the fastest pace for that period since 2011. Inflation was under control, and energy supplies remained secure. Minister Tuan said the government had outlined 11 groups of measures to meet its development targets.
“We strive for economic growth of 10% or higher while maintaining macroeconomic stability, controlling inflation, ensuring major economic balances and energy security,” said Tuan.
He added that priorities include improving institutions and laws, unlocking and effectively mobilizing resources for development, restructuring the economy, renewing the growth model, and strengthening the economy’s internal capacity, independence, autonomy, and resilience.
“We will also develop a comprehensive, modern strategic infrastructure system and key inter-regional projects, while making substantive breakthroughs in science and technology, innovation, and digital transformation,” Tuan noted.
Nguyen Huu Toan, Deputy Chairman of the National Assembly’s Economic and Financial Committee, said implementation is the decisive factor.
“Responsibilities, deadlines, resources, and expected outcomes must be clearly defined for each task. Inspection and supervision must be strengthened, with implementation results closely linked to the accountability of leaders,” said Toan, adding, “The ultimate goal is to improve productivity, resource efficiency, and the economy’s internal capacity. High growth must go hand in hand with macroeconomic stability, sustainable development, and tangible improvements in people’s material and spiritual lives.”
