Prime Minister outlines key tasks and solutions for 2026 – Photo: VGP/Nhật Bắc
On the afternoon of January 6th, Prime Minister Pham Minh Chinh attended and directed the conference summarizing the state budget and finance for 2025. He presented eight key focus areas for 2026.
Notably, within the solutions for pioneering science, technology, and digital transformation, the Prime Minister emphasized:
By January 15th, the Ministry of Finance must grant licenses to businesses participating in the pilot cryptocurrency market (Sandbox) as per regulations.
Additionally, the National Single Window Mechanism for investment must be urgently implemented.
These initiatives come as Vietnam makes significant strides in financial integration. In September 2025, the Vietnamese stock market was officially upgraded to Secondary Emerging Market status by FTSE Russell. Establishing the legal framework for cryptocurrency pilot projects and the International Financial Center is seen as crucial for Vietnam to align with global trends.
These institutional innovations are built upon the robust financial performance of 2025. According to the conference report, state budget revenue as of December 31, 2025, reached approximately 2.65 million billion VND, exceeding the estimate by 34.74% and increasing by 30.3% compared to the same period last year. This achievement significantly contributed to the 8.02% GDP growth in 2025, ensuring economic stability amidst global fluctuations.
Prime Minister outlines a 24-word motto for the financial sector – Photo: VGP/Nhật Bắc
Summarizing the achievements of the financial sector, the Prime Minister encapsulated them in 32 words: “Accurate advice – Lean machinery – Perfected institutions – Budget surplus – Business innovation – Macro stability – People’s happiness – National development.”
Building on this success, the Prime Minister set a double-digit growth target for 2026, calling it “a high mountain to conquer.” To achieve this, he urged a “change in state – shift in momentum” regarding public investment. The guiding principle is “capital awaits projects, not projects await capital,” striving for 100% disbursement of public investment to become the primary growth driver.
Abundant budget resources will be allocated to strategic infrastructure projects such as the North-South high-speed railway, three railway lines connecting to China, nuclear power projects, and initiatives exploiting underground space, maritime space, and subways.
Alongside public investment, the Prime Minister also called for continued development of the private sector, implementing campaigns to support the transformation of business households into enterprises and administrative procedure reforms aimed at “creating a development ecosystem” rather than purely managerial thinking.
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