Important premise to step into 2025
According to the General Director of the General Statistics Office - Ms. Nguyen Thi Huong - the positive growth results of the whole year 2024 are an important premise for entering 2025, the economy is expected to complete the set targets. In 2025, Vietnam will have many advantages for economic growth.
"From the production perspective, the agriculture, forestry and fishery sector is showing a clear growth trend thanks to export momentum, strong application of science and technology and opportunities from free trade agreements (FTAs). The industry is forecast to maintain a growth rate of around 7-9%, with the main driving force being exports, public investment and technological transformation. The service sector also has a good growth trend thanks to the recovery of tourism activities and import and export of goods and services.
"Institutional policies and the business environment are being vigorously improved and synchronized. Opportunities to expand the market, participate more deeply in the global supply chain and attract investment when Vietnam actively participates in FTA agreements. Investment in infrastructure and high-tech industry is being oriented and strongly promoted. The digital transformation and technology process is being strongly implemented in both the State apparatus as well as economic units, which will create new momentum for development," Ms. Nguyen Thi Huong emphasized.
The driving force that helps Vietnam make a breakthrough and achieve the 8% growth target
Our country enters 2025 with a new mindset, courage, confidence and determination to reform, innovate and make breakthroughs in the entire political system, aiming to achieve the highest results in the 5-year Plan 2021-2025, welcoming the 14th National Party Congress and preparing to enter a new era - the era of striving for strong development and prosperity of the nation.
In that context, although the world situation is forecast to continue to be very difficult and challenging, the Government is determined to request 8% growth in 2025, higher than the target set by the National Assembly (6.5-7%, striving for 7-7.5%).
Speaking to Lao Dong Newspaper, Party Central Committee member and Minister of Planning and Investment Nguyen Chi Dung assessed that this is a high growth rate with many challenges, but it can be achieved and needs determination to achieve it to create momentum for a breakthrough growth for the new development era. Minister Nguyen Chi Dung emphasized 5 main driving forces for our country to achieve the 8% growth target.
"Firstly, the solidarity, breakthrough spirit and innovation of the political system under the leadership of the Party Central Committee and the Politburo; the drastic, effective and focused direction and management of the Government and the Prime Minister; the efforts of ministries, branches and localities and the support of international friends.
Second, the development achievements in 2024 will be continued and promoted more strongly in 2025. The sectors and localities must strive for breakthrough growth, higher than in 2024. In particular, Hanoi and Ho Chi Minh City must strive for 8-10% growth to further promote their leading role.
Third, continue to promote 3 strategic breakthroughs; in which, institutions are identified as the "breakthrough of breakthroughs" to focus on removing and perfecting, in order to release all resources, especially the resources that are being backed up for development. 2025 is a year with many advantages in disbursing public investment capital. Projects have completed investment procedures and entered the final stage of completion. Therefore, it will immediately contribute to growth and open up new development space for regions and localities.
Fourth, the economic, political, social stability and growth and development prospects of our country. Domestic and foreign enterprises are committed to investing, long-term commitment, and accompanying the development of the Vietnamese economy.
Finally, there is the strong development of new industries and fields, new economic models, new growth drivers such as digital economy, green economy, circular economy, free trade zones, international and regional financial centers..." - Minister Nguyen Chi Dung emphasized.
