During a national conference organized on December 1, Vietnamese Prime Minister Pham Minh Chinh gave a positive assessment of the year's socio-economic progress while drawing out an ambitious roadmap for 2025.
This event, dedicated to the evaluation of Resolution No. 18-NQ/TW of the 12th Central Committee of the Party, highlighted Vietnam's desire to combine growth, stability and reform.
A year dedicated to performance
With annual growth estimated at more than 7%, Vietnam has established itself as one of the most dynamic economies globally. This progression was accompanied by a control of inflation, maintained below 4%, and a trade surplus of more than 23 billion USD.
Total foreign trade at the end of November stood at USD 715 billion, with a record projection of USD 807.7 billion for the whole year. At the same time, the country is among the most attractive destinations for foreign direct investment.
Reforms to reach new heights
Despite the progress, Pham Minh Chinh warned of the need to overcome structural obstacles hindering development. He called for bold reforms to accelerate progress, setting ambitious targets: a growth rate of 6.5 to 7%, a GDP per capita of 4,900 USD and a rise in the CPI limited to 4.5%. by 2025. The head of government also expressed his desire to target growth of 8%, essential to boost the implementation of the 2021-2030 ten-year plan.
To support these ambitions, emphasis will be placed on modernizing infrastructure, ensuring reliable energy supply, and optimizing resources. The fight against corruption, waste and unhealthy practices remains a priority, as does strengthening social security and resilience to climate change.
A course towards the future
Pham Minh Chinh concluded by reaffirming the need for political stability and increased international integration to strengthen Vietnam's position in the comity of nations. With these priorities, the country hopes to consolidate its achievements while meeting the challenges to establish itself sustainably as a key player in the region and the world.
