Vietnam sets ambitious 10% GDP growth target for 2026

Vietnam is aiming for robust economic growth of at least 10% in 2026, according to socio-economic targets recently approved by the National Assembly. The targets also include a GDP per capita of $5,400–$5,500, a 4.5% rise in the consumer price index (CPI), and 8.5% gains in labour productivity.
The Ministry of Finance is finalizing a draft resolution that lays out an initial roadmap for achieving these ambitious goals. Total social investment next year is projected at nearly 4.93 quadrillion VND ($189 billion), up 18.7% year-on-year and representing around 33–33.7% of GDP.
Vietnam’s exports are expected to rise by 8%, resulting in a projected trade surplus of $28 billion, while retail sales of goods and services are targeted to grow by 11–12%. Industrial hubs such as Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, Da Nang, and Dong Nai are aiming for double-digit growth, while less affluent provinces like Son La, Gia Lai, Dak Lak, Vinh Long, Dong Thap, and Ca Mau target 8% or higher regional GDP growth.
The National Assembly outlined 11 key task groups and solutions to support these goals. The government has directed agencies to translate these into actionable plans, with a strong focus on:
- Accelerating institutional reforms to improve transparency, consistency, and equity in investment and business regulations.
- Advancing a new growth model and economic restructuring.
- Ensuring timely delivery of strategic infrastructure projects.
These measures are expected to unlock productive forces, mobilize resources, and sustain Vietnam’s position as one of Southeast Asia’s fastest-growing economies.
