According to the Government Electronic Information Portal, the Government has just issued Resolution 06/NQ-CP on the Government Conference with localities and the regular Government Meeting in December 2025.
The Resolution clearly states that, thanks to high determination, great efforts, and drastic actions of the entire political system, we have successfully and comprehensively completed the 2025 socio-economic development plan with achieving and exceeding all 15/15 key targets, 22/26 key targets for the 5-year period 2021 - 2025, continuing to affirm the recovery and outstanding acceleration.
The macroeconomy is basically stable, inflation is well controlled, high growth, and major balances of the economy are ensured. State budget deficit is well controlled; public debt, government debt, and foreign debt are much lower than the prescribed limit.
The GDP growth rate in the fourth quarter is estimated at 8.46%, the whole year is estimated at 8.02%; the scale of the economy reached about 514 billion US dollars (USD), ranking 32nd in the world (up 5 places compared to 2020); per capita income reached 5,026 USD, up 326 USD compared to 2024, becoming a country with a high average income - completing one of the major milestones set by the 13th Party Congress.
The average consumer price index (CPI) for the whole year increased by 3.31%, much lower than the target assigned by the National Assembly, while wages have been increased and electricity prices, health services, and education have been adjusted.
The monetary and foreign exchange markets are basically stable and managed in accordance with market developments; ensuring the safety of the system of credit institutions; credit growth in 2025 reached about 19%.
State budget revenue increased sharply, exceeding 35.5% of the annual estimate and increasing by about 30% compared to the same period, higher than the Government's target (exceeding at least 25% of the estimate) in the context of implementing exemptions, reductions, extensions of many types of taxes, fees, charges and land rent of about 250.9 trillion VND; revenue structure towards sustainability.
The main industries and fields of the economy are growing strongly. The Industrial Production Index (IIP) is estimated to increase by 9.2% compared to 2024, of which the processing and manufacturing industry increased by 10.5%, continuing to affirm its pillar role, leading overall growth; ensuring energy security.
Vietnam's role, position and international responsibility continue to be affirmed in regional and global multilateral mechanisms. Many reputable international organizations positively assess the results and prospects of socio-economic development of our country.
The Government praised major cities and some localities as growth drivers such as Hanoi, Ho Chi Minh City, Dong Nai, Tay Ninh, Da Nang...; 20 localities grew by 8% or more, of which 6 localities grew by over 10%: Quang Ninh, Hai Phong, Ninh Binh, Phu Tho, Bac Ninh, Quang Ngai, contributing to the socio-economic development achievements of the whole country.
