Business

Government’s meeting: GDP growth to aim above 6.7 percent

The Vietnamese Government is striving towards a higher economic growth than the 6.7 percent rate set by the National Assembly, said Prime Minister Nguyen Xuan Phuc.
Government’s meeting: GDP growth to aim above 6.7 percent ảnh 1Prime Minister Nguyen Xuan Phuc (standing) at the Government meeting (Photo: VNA)

Hanoi (VNA) – The Vietnamese Government is striving towards a highereconomic growth than the 6.7 percent rate set by the National Assembly, saidPrime Minister Nguyen Xuan Phuc.

At the monthly Government meeting in Hanoion October 1, Prime Minister Phuc directed the agricultural sector to channel itsfocus on processing, exports, and the building of value chains.

The Ministry of Culture, Sports, and Tourism was asked to branch outhigh-quality tourism and improve the quality of service. Meanwhile, theMinistry of Planning and Investment must work to accelerate the disbursement ofpublic investment.

As the economic restructuring aims to reduce dependence on foreign capital, theGovernment leader stressed that policies must be mapped out to develop domesticenterprises.

Furthermore, he asked the Ministry of Planning and Investment to enhanceconnection between foreign direct investment (FDI) firms and local firms.

Underlining the significance of completing mechanisms and improving thebusiness climate, PM Phuc asked competent agencies to accomplish projects tosubmit to the National Assembly in the upcoming meeting while cuttingunnecessary business conditions for investors.

He required ministries and sectors to make meticulous preparations for the eighthsession of the 12th Communist Party of Vietnam Central Committee, as well asthe upcoming the National Assembly meeting. –VNA  
VNA
#Vietnamese Government #higher economic growth #6.7 percent rate #National Assembly #Prime Minister Nguyen Xuan Phuc #economic restructuring #Vietnam News Agency #Vietnamplus
Follow VietnamPlus

Related News

Vietnam keeps up strong growth in first half: ADB

Vietnam keeps up strong growth in first half: ADB

The Vietnamese economy continued its strong performance in the first half of 2018, although external and domestic challenges could affect the country’s growth outlook for this year and next year, the Asian Development Bank (ADB) said in a new report.
Nine-month GDP growth highest in eight years

Nine-month GDP growth highest in eight years

The GDP growth rate for the January-September period was 6.98 percent, the highest for the same period over the past eight years, the General Statistics Office announced on September 28.

See more

The 20th meeting of the Vietnam-RoK Joint Economic Committee takes place in Seoul on November 14. (Photo: VNA)

Vietnam, RoK seek new drivers to advance comprehensive cooperation

The RoK is also Vietnam’s largest foreign investor. As of the end of September, Korean investors operated 10,301 valid projects with combined registered capital of 94.2 billion USD, topping both capital value and number of projects among 154 countries and territories investing in Vietnam. Korean enterprises contribute roughly 30% of Vietnam’s total export value.

Workers process aquatic products for exports. (Photo: VNA)

Workshop seeks to boost agro-forestry-aquatic exports to EU

Participants underlined the importance of complying with the EU’s strict standards, stepping up national branding, developing green and clean products aligned with European consumer preferences and, particularly, embedding cultural value and compelling Vietnamese stories in each product.

HCM City hosts twin international exhibitions on fashion and mother–baby products (Photo: VNA)

HCM City hosts dual int’l fashion, mother–baby exhibitions

The SIUF Vietnam 2025 Intimate Fashion and Sourcing Expo and the International Expo for Children, Baby, Maternity Expo (CBME Vietnam 2025) will become a premier platform for international collaboration, helping expand exports, upgrade supply chains, and elevate the global standing of Vietnamese brands.

Illustrative photo (Photo: VNA)

Retail petrol prices rise in November 13 adjustment

Since the beginning of this year, domestic fuel prices have been adjusted 47 times. Of these, RON95-III recorded 26 increases and 21 decreases, while diesel saw 24 rises, 22 decreases, and one unchanged.

The list of top 500 largest enterprises in Vietnam 2025

Vietnam’s 500 largest enterprise list announced

The top 10 enterprises are Samsung Electronics Vietnam Thai Nguyen Co., Ltd.; Vietnam National Industry - Energy Group (Petrovietnam); Vietnam National Petroleum Group (Petrolimex); Vingroup JSC; Viettel Group; BIDV; Agribank; VietinBank; Vietnam National Coal and Mineral Industries Group (Vinacomin); and Hoa Phat Group JSC.

Illustrative photo (Photo: Internet)

Tech M&A heats up again in Vietnam

Although no “blockbuster” transactions have emerged yet, the M&A market since early 2025 has seen a clear shift toward technology and startups, with larger and more strategic deals, Dau tu (Vietnam Investment Review) reported on November 12.

Autumn Fair 2025 boosts Vietnam–India trade ties (Photo: VNA)

Autumn Fair 2025 enhances Vietnam–India trade cooperation

Autumn Fair 2025 not only underscored Vietnam’s capability to host large-scale international trade events but also created tangible opportunities for strengthening Vietnam–India business cooperation. With proactive trade promotion and mutual commitment, bilateral trade relations are expected to continue expanding sustainably in the years ahead.

Exports poised to hit record high in 2025 (Photo: baodautu.vn)

Exports poised to hit record high in 2025

With a 16.2% increase in export revenue over the past 10 months, Vietnam’s export turnover in 2025 are on track for a strong finish, likely to surpass expectations and far exceed the initial annual target of 12%.

Vietnam-Algeria trade soar over 200% in the first 10 months of this year to nearly 500 million USD (Illustrative image. Photo: VNA)

Vietnam-Algeria trade surges 200% in 10 months

Vietnam’s main exports to Algeria include coffee, cashew nuts, pepper, seafood, chemicals, footwear, textiles, and steel, while Algeria ships computers, electronic components, carob powder, chicken feet, and animal feed to Vietnam. Algeria is also seeking Vietnamese partners for dates and olive oil imports.