At the 9th extraordinary session of the 15th National Assembly on February 19, 2025, the National Assembly passed a resolution supplementing the 2025 socio-economic development plan, setting a GDP growth target of at least 8%. The resolution was approved with 463 out of 464 delegates voting in favour, accounting for 96.86% of the total.
Under the resolution, the legislative body decided to adjust some key targets. Accordingly, the gross domestic product (GDP) growth rate is set to reach 8% or higher, with the GDP scale this year expected to exceed 500 billion USD. The GDP per capita is projected to surpass 5,000 USD, and the average consumer price index (CPI) growth rate is targeted to be around 4.5 - 5%.
During the 8-day session, legislators will review and pass the drafts of the revised law on amendments and supplements to the Law on organisation of the NA, the revised Law on organisation of the Government, and the revised Law on promulgation of legal documents.
On November 12, 2024, the National Assembly passed the resolution on the 2025 socio-economic development plan, prioritising growth based on macroeconomic stability, inflation control, and maintaining major economic balances. The resolution sets a GDP growth target of 6.5-7%, aiming to reach 7-7.5%.