Government's action program to implement the Resolution of the 14th National Congress

Phạm Đông |

Prime Minister Pham Minh Chinh requested to continue implementing policies to reduce and extend taxes, fees, land rent... to support people and businesses, promote production and business. Promote the construction of social housing, especially rental housing, striving to complete over 110,000 social housing apartments by 2026, and soon reach the target of 1 million apartments by 2028.

Continue to reduce and extend taxes, fees, and land rent.

Prime Minister Pham Minh Chinh has just signed Official Dispatch No. 06/CD-TTg on promoting a number of key tasks and solutions to implement the economic growth target for 2026.

2026 is of particular importance, the first year of implementing the 5-year socio-economic development plan 2026-2030, opening a new era of development for the country. To successfully complete the Resolution of the 14th Party Congress, the Prime Minister requested the Ministry of Finance to preside over and coordinate with relevant ministries and agencies to urgently develop the Government's Action Program to implement the Resolution of the 14th National Party Congress, and submit it to the Government before February 5, 2026.

The Ministry of Finance strengthens discipline and order in finance - state budget, ensuring correct, sufficient, and timely collection, expanding the collection base, and combating tax loss, especially from e-commerce, food services, and retail. Strive to increase state budget revenue in 2026 by at least 10% compared to the estimated implementation in 2025.

Continue to implement policies to reduce and extend taxes, fees, land rents... to support people and businesses, promote production and business, especially for small and medium-sized enterprises. Resolutely implement solutions to develop the stock market and corporate bond market to be stable, safe, and healthy, becoming an effective medium and long-term capital mobilization channel serving double-digit growth.

Actively handling weak credit institutions

The State Bank of Vietnam focuses on closely monitoring the situation, managing monetary policy proactively, flexibly, promptly, and effectively, closely coordinating with fiscal policy to promote growth, stabilize the macroeconomy, control inflation, and ensure major balances; in which: Managing interest rates and exchange rates in accordance with the macroeconomic situation and monetary policy objectives, strictly managing the foreign exchange market, and stabilizing the value of the Vietnamese Dong.

Direct credit institutions to grow credit safely and effectively, focusing credit capital flows on production and business sectors, priority sectors, growth drivers; continue to implement credit programs according to the direction of the Government and the Prime Minister, especially lending to social housing, investing in infrastructure, digital technology, supporting linkages in production, processing and consumption of high-quality rice...; strictly and effectively control credit for potentially risky sectors.

Actively handle weak credit institutions, effectively implement restructuring plans for specially controlled commercial banks. Strengthen bad debt handling, limit new bad debts arising.

Expedite the completion of the research, evaluation, and consideration of proposals for establishing a national gold exchange/exchange, and report to the Standing Committee of the Government in January 2026.

The Ministry of Finance monitors and urges the detailed assignment of public investment capital plans of ministries, sectors, and localities and promotes the disbursement of public investment capital, implementing national target programs right from the beginning of the year; strives for the disbursement rate of public investment capital to reach 100% of the plan assigned by the Prime Minister. Resolutely remove difficulties and obstacles in site clearance and supply of construction materials; promptly adjust capital from slow disbursement projects to good disbursement projects.

The Ministry of Construction, Ministries, agencies, and localities: Urgently review carefully, propose investment plans, upgrade, and immediately complete the expressways that have been and are being invested in to achieve a complete expressway scale according to standards; and at the same time review and invest in supplementing technical infrastructure works on the route, reporting to the Prime Minister before February 15, 2026.

Promote the effectiveness of the National Housing Fund, promote the construction of social housing, especially rental housing, strive to complete over 110,000 social housing apartments in 2026, and soon reach the target of 1 million units by 2028.

Accelerate the progress of implementing the feasibility study report of component project 2 under the Lao Cai - Hanoi - Hai Phong railway project; strive to start construction of some key items in the second quarter of 2026. Complete surveys and designs of regional and international railway lines, some sections of the North-South high-speed railway line; invest in developing road and expressway systems connecting regions, localities after the merger and with neighboring countries; Hanoi and Ho Chi Minh City belt projects. Research and implement phase 2, Long Thanh International Airport; ensure the progress of Gia Binh International Airport...

The Ministry of Justice urgently develops a Resolution on reducing and simplifying administrative procedures and business conditions, to submit to the Government in January 2026.

Phạm Đông
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