National Assembly discusses growth target for 2026 from 10%, GDP per capita to reach 5,500 USD

PHẠM ĐÔNG |

The National Assembly will discuss the socio-economic development plan for 2026, including a growth target of 10%, GDP per capita of 5,500 USD.

Continuing the 10th Session, on the morning of October 21, the National Assembly discussed in groups about assessing the results of the implementation of the 2025 socio-economic development plan; the expected socio-economic development plan for 2026.

According to the report, the Government is determined to complete the growth target of 10% or more in 2026 to create momentum, create momentum, and create a position for double-digit growth in the following years. In particular, dynamic localities such as Hanoi, Ho Chi Minh City, Da Nang, Hai Phong, Dong Nai, Lam Dong... need to achieve double-digit growth.

The 2026 plan has 15 targets: GDP growth rate strived to be 10% or more; GDP per capita reached 5,400 - 5,500 USD; the proportion of processing and manufacturing industry in GDP reached 24.96%; the growth rate of the average CPI was about 4.5%; the average growth rate of social labor productivity reached 8.5%; the rate of workers with degrees and certificates reached about 29.5%; the proportion of agricultural labor in the total social labor force reached 25.3%...

The rate of unemployment among urban agencies is below 4%; the rate of poor households (according to the multidimensional poverty standard) decreases by about 1-1,5 percentage points; the number of doctors per 10,000 people: 15.3 doctors; The number of hospital beds per 10,000 people is 34.7 hospital beds.

Regarding major balances, the Government has determined that total retail sales of goods and service revenue will reach about VND 7,755 trillion, an increase of about 10% compared to 2025. Total import-export turnover will reach about 952 billion USD, an increase of about 8% compared to 2025. The trade balance maintains a trade surplus, estimated at about 28 billion USD.

Commercial electricity in 2026 is expected to reach 319 - 326.5 billion kWh, an increase of about 8.1% - 10.6% compared to the estimate in 2025. It is expected that electricity production and import in 2026 will reach 358.1 billion kWh, an increase of 11% compared to the estimate in 2025...

Also at the meeting, the National Assembly will discuss the implementation of the state budget in 2025, the state budget estimate, the central budget allocation plan in 2026 (including the 3-year state budget - financial plan for 2026-2028; the implementation of the state budget public investment plan for 2025, the expected state budget public investment plan for 2026; the implementation of the 2025 financial plan, the expected 2026 financial plan of non-budgetary state financial funds managed by the central government).

The National Assembly will also discuss the results of implementing the National Assembly's resolutions on the 5-year plan for the period 2021-2025: socio-economic development; economic restructuring; medium-term public investment; national finance and loans, public debt repayment; plans expected: national 5-year financial plan for the period 2026-2030; medium-term public investment for the period 2026-2030.

Also according to the agenda, the National Assembly will discuss reports from the Government, the Supreme People's Court, and the Supreme People's Procuracy on the implementation of the Constitution, laws, resolutions of the National Assembly, orders, and resolutions of the National Assembly Standing Committee in 2025.

On the same afternoon, the National Assembly discussed in groups: Reports on the work of the 2021-2026 term of the President and the Government; Draft report on the work of the 15th term of the National Assembly; reports on the work of the 15th term of the National Assembly Standing Committee, Ethnic Council, National Assembly Committees, State Audit; Reports on the work of the 2021-2026 term of the Supreme People's Court, Supreme People's Procuracy.

PHẠM ĐÔNG
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