Speaking at the regular Government meeting in June 2026 and the Government's online conference with localities on the morning of July 4, Member of the Party Central Committee, Deputy Prime Minister Nguyen Van Thang stated clearly that economic growth in the first 6 months of the year reached the highest level in many terms, bringing Vietnam into the group of economies with the highest GDP growth rates in the world.
Many targets exceeded the plan such as state budget revenue, agricultural sector growth, foreign direct investment (FDI) attraction, including targets reaching the highest level ever. Many of the 34 localities have recorded double-digit GRDP growth.
However, the Deputy Prime Minister said that the results achieved have not yet met the set goals. Many localities are still far from the GRDP growth target and the progress of public investment capital disbursement.
The Deputy Prime Minister cited that if the disbursement rate of public investment in the first 6 months of the year reached about 50% instead of nearly 35% as at present, then this sector alone could contribute about 0.4 percentage points more to economic growth. If all sectors and fields make more efforts, they can completely approach the growth target more closely.
In the same development conditions, there are still localities that achieve very high results. This shows that the organization of implementation in some places is still limited and needs to be overcome soon in accordance with the spirit of the Central Government's direction.
Referring to the orientation for the coming time, the Deputy Prime Minister emphasized the need to focus on maximizing the growth potential of the economy in the context of the world economy continuing to develop in a complex and unpredictable manner.
Major policies on perfecting institutions, removing difficulties and obstacles issued by the Central Government, Politburo, National Assembly and Government in the past time are great room for growth, helping businesses and people save costs and time, thereby promoting production, business and investment.
Regarding solutions, the Deputy Prime Minister said that for high growth, financial resources must be fully and promptly met at reasonable costs.
In which, fiscal policy and monetary policy need to be closely coordinated, ensuring to meet the capital needs for production, business and priority sectors, not allowing the economy and businesses to lack capital.
In the context of the capital market continuing to develop, the Deputy Prime Minister said that bank credit must initially still play a leading role in promoting growth, and at the same time, the capital market needs to develop more strongly to basically meet the medium and long-term capital needs of the economy by 2030.
Government leaders requested ministries and sectors to respond to policies faster and more drastically to promptly remove difficulties and obstacles for businesses, people and localities.
According to the Deputy Prime Minister, after this conference, the Government will deploy three key tasks including: Organizing conferences to meet domestic and foreign businesses to listen to and remove difficulties; working with the State Bank and commercial banks to ensure capital sources for the economy; at the same time, the Prime Minister and Deputy Prime Ministers will work with 34 provinces and cities to promote growth.
Government leaders requested ministries, branches and localities to be more proactive and drastic in organizing implementation, maximizing the potential and advantages of each locality, striving to complete the goals of economic growth, budget revenue and contributing to the common development goals of the whole country.
