During the high-level plenary session of the Vietnam Economy in 2025 and Prospects in 2026 Forum (VEPF), jointly organized by the Government and the Party Central Committee’s Commission for Policies and Strategies on December 16, Prime Minister Pham Minh Chinh emphasized Vietnam’s commitment to the dual green transition and digital transformation. He described these initiatives as both an objective necessity and a strategic priority for the nation’s future.
The Prime Minister highlighted that these transformations serve as the cornerstone and primary driver for Vietnam’s rapid and sustainable development, as reported by the Vietnam News Agency.
According to PM Chinh, Vietnam’s vision for rapid and sustainable growth, grounded in green and digital advancements, is supported by robust foundations, significant potential, and strong feasibility.
He noted that the Party and State have introduced comprehensive guidelines, mechanisms, and policies to support this vision. The 13th National Party Congress Resolution underscores the importance of fast and sustainable development, accelerating digital transformation, fostering a digital economy driven by science, technology, and innovation, and building a green, circular, and eco-friendly economy.
Additionally, the Politburo has issued key strategic resolutions in critical sectors, notably Resolution No. 57-NQ/TW, which prioritizes the advancement of science, technology, innovation, and national digital transformation as the most crucial breakthrough.
PM Chinh stated that Vietnam is actively reforming its growth model, positioning science, technology, innovation, digital transformation, and green transition as the primary drivers across all sectors, particularly in key economic areas.
Looking forward, Vietnam will focus on strategic priorities, including fostering rapid and sustainable growth through the dual transition, aiming for double-digit growth while maintaining macroeconomic stability, controlling inflation, and ensuring economic balance. The nation will also strengthen its forecasting and analysis capabilities to proactively address external fluctuations.
The Prime Minister further outlined plans to continue implementing three strategic breakthroughs in institutions, infrastructure, and human resources; introduce sandbox mechanisms to support digital, green, and circular economies; and develop cutting-edge scientific research programs across 11 strategic technology groups.
He also emphasized the need to explore new development opportunities, such as the marine economy, underground resources, and space technology; promote innovative economic models, free trade zones, and international financial centers; diversify resource mobilization; attract high-quality FDI in high-tech, green, and circular production linked with domestic investment; and restructure exports alongside broader economic restructuring.
At the session, Ms. Mariam J. Sherman, World Bank Country Director for Vietnam, Laos, and Cambodia, recommended that Vietnam continue strengthening the private sector, invest in people and technology, develop sustainable infrastructure and green growth, ensure equitable distribution of development benefits, and advance institutional modernization.
Mr. Nguyen Duc Hien, Vice Chairman of the Party Central Committee’s Commission for Policies and Strategies, stressed that maintaining inflation at around 4% annually is essential for achieving growth targets.
Mr. Evans reaffirmed HSBC’s commitment to supporting Vietnam in overcoming challenges and advancing its development goals.
Prime Minister Praises $1.4 Billion Project Requiring 40,000 Tons of Steel, 120,000m³ of Concrete, and 10 Million Man-Hours
During the construction process, a dedicated team of 3,257 professionals, including staff, workers, and laborers from the developer, general contractor, and 138 subcontractors, collaborated seamlessly. Their collective effort culminated in an impressive 10 million man-hours of work, showcasing unparalleled commitment and expertise.
Vietnam Economic Forum 2025: The Pathway to Sustainable Development
Deputy Minister of Finance Do Thanh Trung emphasized that fiscal policy must continue to play a pivotal role in fostering long-term growth. It should be proactively managed, ensuring sustainability and a clear focus on key priorities.
Unleashing Private Sector Innovation: The Technology Behind Economic Runway Creation
Vietnam must steadfastly pursue the dual transformation model—integrating digital and green transitions—as a long-term growth engine. Simultaneously, it should amplify the private sector’s leadership role, aligning with key resolutions on science, technology, innovation, digital transformation, and private economic development.
Vietnam’s Economic Outlook: 2025 Review & 2026 Forecasts Forum Launches
At the Forum, experts unanimously affirmed that green transformation and the circular economy are the sole pathways for Vietnam to attain high growth while ensuring sustainable development in the digital age.
Prime Minister: Shaping Hanoi’s Century-Long Vision Through Strategic Planning
On the afternoon of December 15th, Prime Minister Pham Minh Chinh chaired a working session of the Government’s Standing Committee with leaders from various ministries and Hanoi city. The meeting aimed to provide feedback and input on the major planning directions for Hanoi.
