On October 15, the National Assembly Standing Committee gave its opinion on the Government's reports on the results of the implementation of the socio-economic development plan for 2025, the expected socio-economic development plan for 2026; the results of the implementation of the National Assembly's resolutions on the 5-year plan for the period 2021-2025: socio-economic development, economic restructuring.
Presenting the Government's report, Deputy Minister of Finance Nguyen Duc Chi said that the socio-economic situation continues to achieve many important results in most areas, basically achieving the general target set, expected to reach and exceed 15/15 main targets in 2025.
GDP growth in the first 9 months reached 7.85% over the same period, the whole year is estimated at 8%, reaching the target of the Central and National Assembly, the highest in the region and among the top in the world. 32/34 localities are estimated to have GRDP growth in 2025 of 8% or more, of which 13/34 localities have 10% or more.
GDP is estimated at about 510 billion USD, ranked 32nd in the world and 4th in ASEAN; GDP per capita is estimated at over 5,000 USD, becoming a high-middle-income country.
With the 2026 plan, the Deputy Minister of Finance stated that the Government will continue to prioritize promoting growth in conjunction with maintaining macroeconomic stability, controlling inflation and ensuring major balances of the economy, public debt, and State budget deficit within the prescribed limits.
Based on the viewpoints, goals, targets and main tasks and solutions in the draft Documents submitted to the 14th National Party Congress, the Ministry of Finance has expected 15 main targets.
In particular, the expected GDP growth target for 2026 is to reach 10%, GDP per capita reaches 5,400 - 5,500 USD, the growth rate of the consumer price index (CPI) is about 4.5%...
Reviewing this content, Chairman of the Economic and Financial Committee Phan Van Mai noted that many targets exceeded forecasts in the context of unprecedented difficulties. This creates an important foundation to strengthen confidence, stabilize the macro economy and open up room for rapid and sustainable development in the coming time.
In addition, the inspection agency noted that macroeconomic stability has many potential risks, inflation is controlled but prices of some essential goods have increased, directly affecting people's lives, especially low-income groups.
Mr. Phan Van Mai also pointed out the fact that the gold market is complicated, weakening confidence and limiting the ability to mobilize medium and long-term capital. Meanwhile, real estate credit increased rapidly, by the end of July it increased by nearly 17%, higher than the general credit growth rate.
At the meeting, Permanent Vice Chairwoman of the Petition and Supervisory Committee Le Thi Nga mentioned the issue of gold prices and real estate prices.
Ms. Le Thi Nga assessed that the management of the above issue is not good. There was even a time when gold prices were at nearly 20 million/tael higher than world gold prices. Real estate prices have also increased rapidly, making it very difficult for the poor to access and buy a house.
Therefore, Ms. Nga suggested that the Government have solutions to reduce gold and real estate prices.
