Vietnam maintains positive trajectory in socio-economic development despite challenges: PM

According to the Government leader, thanks to the concerted efforts of the entire political system, citizens and the business community, the country has maintained a positive growth trend so far.

An overview of the Government’s regular meeting on March 4. (Photo: VNA)
An overview of the Government’s regular meeting on March 4. (Photo: VNA)

Hanoi (VNA) – Vietnam has maintained a positive trajectory in socio-economic performance in February and the first two months of 2026, recording notable results across multiple sectors despite both domestic and global challenges, stated Prime Minister Pham Minh Chinh while chairing the Government’s regular meeting on March 4.

The meeting, the first of its kind following the Lunar New Year (Tet) holiday, was held in person at the Government Headquarters and connected virtually with the People’s Committees of 34 provinces and centrally-run cities nationwide.

PM Chinh noted that global developments in February were rapid, complicated and unpredictable, citing new US tariff policies and escalating military tensions involving the US, Israel and Iran that have spread across the Middle East, disrupting global maritime and air transport and affecting supply chains as well as oil and LNG prices.

Domestically, ministries, sectors and localities have actively implemented the Resolution of the 14th National Party Congress and specialised resolutions of the Politburo. The people celebrated the Lunar New Year in a safe and festive atmosphere, while the country promptly resumed socio-economic tasks after the holiday, including preparations for the election of deputies to the 16th National Assembly and People’s Councils at all levels and measures to respond to global uncertainties.

vnanet-thu-tuong-chu-tri-phien-hop-chinh-phu-thuong-ky-thang-2-nam-2026-8619496.jpg
Prime Minister Pham Minh Chinh addresses the meeting. (Photo: VNA)

According to the Government leader, thanks to the concerted efforts of the entire political system, citizens and the business community, the country has maintained a positive growth trend so far.

However, he said that challenges remain, including pressures on macroeconomic management, inflation, exchange rates and interest rates, volatile gold and silver prices, significant capital demand to support a 10% growth target, difficulties in several production and business sectors, and cumbersome administrative procedures.

The PM requested participants to focus discussions on analysing socio-economic conditions in the first two months of the year, identifying priority directions for the coming period, assessing policy responses to global developments, and proposing management scenarios to ensure proactive and effective governance.

The meeting also reviewed the implementation of the 14th National Party Congress’s Resolution and other resolutions, socio-economic development outcomes, and major bottlenecks requiring timely solutions.

PM Chinh called on participants to propose key tasks and solutions for March, the first quarter and beyond, including groundbreaking measures to achieve the double-digit growth target, accelerate public investment disbursement, mobilise social resources, and advance development in the fields of culture, society, environment, national defence, security and foreign affairs./.

VNA

See more

General Phan Van Giang, Politburo member and Minister of National Defence, speaks at a working session with Cao Bang province's authorities (Photo: VNA)

Cao Bang urged to create best conditions for voters during election

As of January 30, all communes and wards in Cao Bang had established 566 constituencies and 566 election teams with 8,976 members to serve the election. On February 16, the provincial Election Committee issued a resolution announcing the official list of 13 candidates for the 16th NA in three constituencies, and 84 candidates for the provincial People’s Council for the 2026–2031 term in 16 constituencies.

Party General Secretary To Lam speaks at the working session between the steering committee and members of the editorial teams, scientists, experts and relevant agencies. (Photo: VNA)

Party chief calls for theoretical, practical foundations for strategic decisions in new phase

General Secretary Lam emphasised that the commemoration of a century of the country under the leadership of the Communist Party of Vietnam and four decades of implementing the national development platform should not be viewed merely as chronological milestones. Rather, they represent the length of a revolutionary journey marked by sacrifice, hardship, creativity and development.

A young naval soldier on the DK1/20 offshore platform casts his ballot on March 2. (Photo: VNA)

Early voting conducted in most remote offshore platform cluster

Located about 580km northwest of Vung Tau Cape, the Ba Ke shoal hosts three DK1 platforms - DK1/9, DK1/20 and DK1/21 - under the DK1 Battalion of Naval Region 2. The area is among the most remote polling locations on Vietnam’s southern continental shelf.

Main streets in Hue city are decorated with banners and propaganda posters promoting the upcoming elections. (Photo: VNA)

NA, People’s Council elections: Hue ready for polls

Following consultation rounds, Hue has finalised a list of 17 candidates for the National Assembly, including three nominated by central agencies, 89 candidates for the city People’s Council, and 1,343 candidates for commune- and ward-level People’s Councils.

NA Vice Chairwoman Nguyen Thi Thanh calls for absolute accuracy in the preparation of voter lists. (Photo: VNA)

NA Vice Chairwoman inspects election preparations in Hung Yen province

Thanh urged Hung Yen to continue reviewing and updating voter lists that have been compiled and publicly posted, and promptly correct any shortcomings. Special attention should be paid to shift workers in industrial zones, temporary residents, students, the elderly and persons with disabilities, she stressed, underscoring the need to safeguard citizens’ right to vote.

Spokesperson of the Vietnamese Ministry of Foreign Affairs Pham Thu Hang (Photo: Ministry of Foreign Affairs)

Vietnam opposes use of force against sovereign nations: Spokesperson

Vietnam calls upon all parties involved to act with responsibility, strictly adhere to international law, the United Nations Charter and relevant United Nations resolutions, respect the sovereignty and territorial integrity of nations, resume negotiations, and create favourable conditions for dialogue.

PM Pham Minh Chinh (centre) presents the decisions on personnel affairs to officials on March 3. (Photo: VNA)

PM hands over appointment decisions for important personnel posts

The PM asked the newly appointed to decisively guide their ministries and agencies in performing assigned tasks, with a strong focus on implementing the Resolution of the 14th National Party Congress and other key directives and resolutions of the Party, National Assembly and Government, particularly the Politburo’s nine specialised resolutions in critical areas.