Prime Minister Pham Minh Chinh speaks at a group discussion at the National Assembly on February 14, 2025.

Prime Minister Pham Minh Chinh emphasized the need for a comprehensive approach, saying that the target surpasses global and regional averages.

He said key measures should include allowing stakeholders room for innovation, ensuring the involvement of the entire political system, and coordinating credit expansion with fiscal policies.
“Most importantly, investment efficiency must be guaranteed. It is essential to accelerate public investment and driving strategic breakthroughs in institutional reforms, infrastructure, high-quality human resources, science, technology, and innovation,” the PM said.

Several lawmakers proposed targeted actions such as addressing policy bottlenecks, increasing private investment, expanding import-export activities, and introducing tax incentives for technology and infrastructure development.

Deputy Ho Duc Phoc underscored the role of investment and technology transfer, saying, “To boost growth, all countries prioritize investment and technology transfer. We should mobilize private investment in development projects and transform the growth model through technology, IT, and digital transformation.”

Key areas include AI, blockchain, cloud computing, and the Internet of Things (IoT), which will enhance productivity and competitiveness, said Phoc.