At the national conference summarizing the 2025 financial sector’s achievements and outlining the 2026 agenda on January 6th, Prime Minister Pham Minh Chinh lauded the Ministry of Finance’s contributions to Vietnam’s socio-economic progress. He encapsulated their efforts in 32 words: “Accurate counsel, lean machinery, perfected institutions, budget surplus, innovative enterprises, macro stability, happy citizens, and national development.”
The Prime Minister hailed the finance sector as a “faithful guardian of the treasury,” a “sharp think tank,” and a “driver of development.”
However, he candidly pointed out lingering challenges, including persistent delays in public investment disbursement. He noted that private sector growth, particularly SMEs, remains sluggish, and while state-owned enterprises are gradually improving, many still underperform. He also highlighted that expansionary fiscal policies, though targeted, lack optimal effectiveness.
Prime Minister Pham Minh Chinh at the 2025 review and 2026 task deployment conference for the finance sector on January 6th. (Photo: Hai Nguyen)
For 2026, the Prime Minister called for a breakthrough year, targeting double-digit growth. He urged the finance sector to adopt a 24-word leadership mantra: “Aspiring for greatness, pioneering institutions, efficient governance, digital leadership, fiscal breakthroughs, and sustainable finance.”
He directed the Ministry of Finance to lead in innovative thinking, crafting institutions befitting a macroeconomic policy coordinator. The shift must be from management to creation, from institutional bottlenecks to national competitiveness.
In policy advisory, the sector must propose well-focused expansionary fiscal measures, ensuring national financial security with a “broad vision, deep reach, and grand scale.” It must soar high, venture far, and delve deep.
The Prime Minister also emphasized fostering business households, creating policies to transform them into SMEs, SMEs into larger firms, and eventually into multinational corporations.
He urged accelerated public investment and strategic infrastructure spending, turning it into a growth engine with full disbursement, ensuring “capital awaits projects, not the other way around.”
The sector must enhance local governance efficiency, particularly in asset management, decentralization, and fiscal oversight, under the principle of “local decision, local action, local accountability.”
Additionally, it must vigorously develop the private sector and enhance state-owned enterprise efficiency, build trust between the public, businesses, and the state, and integrate Vietnamese firms into global value chains.
The Prime Minister also instructed the Ministry of Finance to license crypto asset market pilot participants by January 15th.
He stressed that the double-digit growth target for 2026 is a “lofty peak” requiring high resolve, substantial effort, decisive action, and focused execution. Tasks must be clearly assigned with defined timelines, responsibilities, deliverables, and authorities.
“Aspire boldly and turn those aspirations into reality,” the Prime Minister concluded.
Prime Minister Highlights 8 Outstanding Achievements of the Banking Sector in Recent Times
On the morning of December 31st, in Hanoi, Prime Minister Pham Minh Chinh attended and directed the conference summarizing the year 2025 and the term 2021-2025, while also outlining the banking sector’s tasks for 2026.
Prime Minister: Striving to Complete the “Quang Trung Campaign” by January 15, 2026
On the morning of December 30th, Prime Minister Pham Minh Chinh chaired a preliminary conference for the “Quang Trung Campaign,” a rapid initiative to rebuild and repair homes for families affected by storms and floods in the Central region of Vietnam.
Prime Minister Announces Full Opening of Chau Doc-Can Tho-Soc Trang Expressway by June 30, 2026
On the afternoon of December 28th, as part of his working agenda in the Mekong Delta region, Prime Minister Pham Minh Chinh inspected, encouraged, and visited the construction workforce of the Chau Doc-Can Tho-Soc Trang expressway component project in Can Tho, presenting gifts to boost their morale.
Grand Opening: Chau Doc – Can Tho – Soc Trang Expressway Set for June 30, 2026
Prime Minister Pham Minh Chinh has mandated that the construction of the Chau Doc – Can Tho – Soc Trang Expressway segment passing through Can Tho City must adhere strictly to the designated timeline and quality standards.
Investing Nearly 700 Trillion VND in Healthcare and Education for 2026-2035
Engaging with constituents in Can Tho on the afternoon of December 28th, Prime Minister Pham Minh Chinh revealed that the government is set to launch two new national target programs focused on healthcare and education. These initiatives are projected to have a combined capital investment of nearly 700 trillion VND over the next decade.
