The National Assembly discussed the expected socio-economic development plan for 2026

CAO NGUYÊN |

Today (October 29), continuing the program of the 10th Session, the National Assembly will spend a full day discussing in the hall many important contents.

In particular, the National Assembly will discuss and evaluate the results of the implementation of the 2025 socio-economic development plan; the expected socio-economic development plan for 2026.

Results of implementing the National Assembly's resolutions on the 5-year plan for the period 2021-2025: socio-economic development; economic restructuring.

Report of the Government, Chief Justice of the Supreme People's Court, Chief Prosecutor of the Supreme People's Procuracy on the issuance of documents to adjust the content under the authority of the National Assembly to handle issues arising when implementing the arrangement of the state apparatus, promoting decentralization, delegation of power and removing obstacles due to legal regulations.

Report of the Government, the Supreme People's Court, the Supreme People's Procuracy on the implementation of the Constitution, laws, resolutions of the National Assembly, decrees, and resolutions of the National Assembly Standing Committee in 2025.

Also at the discussion session, members of the Government, Chief Justice of the Supreme People's Court, and Chief Prosecutor of the Supreme People's Procuracy explained and clarified a number of issues raised by National Assembly deputies.

Previously, on October 20, Prime Minister Pham Minh Chinh reported to the National Assembly the results of the implementation of the Socio-Economic Development Plan for 2025 and the 5-year plan for 2021 - 2025; the expected socio-economic development plan for 2026...

Prime Minister Pham Minh Chinh said that Vietnam's economy affirms its resilience to external shocks, maintaining a growth rate among the world's top.

Accordingly, GDP in 2025 is expected to increase by over 8%; the scale of the economy will increase from 346 billion USD in 2020 to 510 billion USD in 2025, up 5 places, to 32nd in the world. GDP per capita in 2025 is estimated to reach about 5,000 USD. Economic structure and growth quality have changed positively...

The macro economy is basically stable; inflation is controlled below 4%, major balances of the economy are guaranteed. State budget revenue is estimated at 9.6 million billion VND.

In addition, strategic breakthroughs are implemented drastically and effectively, opening up space and creating development. The work of law making and enforcement has been innovated in both thinking and working methods; many "bottlenecks" have been promptly resolved...

Regarding the socio-economic development plan for 2026, the Prime Minister emphasized the priority of promoting growth, maintaining macroeconomic stability, controlling inflation, ensuring major balances, public debt, and state budget deficits within the prescribed limits.

The head of the Government also emphasized the need to quickly stabilize the organizational apparatus, build a modern, smart, streamlined, effective and efficient administrative system; promote the construction and completion of synchronous development institutions, promptly remove bottlenecks, bottlenecks, unblock and free up all resources...

The Prime Minister also pointed out 10 main groups of tasks and solutions. In particular, affirming to continue to prioritize promoting growth associated with maintaining macroeconomic stability, controlling inflation and ensuring major balances of the economy; controlling public debt and state budget deficits within the prescribed limits.

In particular, in 2026, cutting and simplifying 100% of unnecessary and conflictive business investment conditions; cutting 50% of the time and cost of compliance with administrative procedures compared to 2024; continuing to strongly and effectively implement Project 06 and the "digital Citizen learning" movement...

Regarding the socio-economic development plan for 2026, the main indicators include 15 socio-economic development indicators; in which GDP growth strives to reach 10% or more; GDP per capita reaches 5,400 - 5,500 USD; average CPI increases by about 4.5%; average social labor productivity increases by about 8%; the poverty rate according to the multidimensional poverty standard decreases by about 1 - 1.5%...

CAO NGUYÊN
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