Vietnam has revised its 2025 GDP growth target upwards to 8.3 – 8.5%, replacing an earlier goal of 8%, under a sweeping new resolution that sets immediate action across investment, infrastructure, credit management, exports and domestic consumption. The directive, issued on August 5, aims to accelerate economic momentum and establish the foundation for double-digit growth from 2026.
The new policy outlines stronger economic targets, including inflation below 4.5%, a 12% increase in social investment and full disbursement of the 2025 public investment plan. Infrastructure remains a central priority, with the completion of the North – South Expressway, 1,700 km of coastal roads and preparatory work for the North – South high-speed railway. Energy development will be expedited, with legal barriers removed for direct renewable energy trading and rooftop solar adoption.
Fiscal policy will be expanded to boost revenues while cutting regular expenditures to fund social programs. Targets include eliminating inadequate housing for war veterans, expanding schools in rural and border areas, and ensuring no shortages in education facilities by 2025 – 2026. Tourism promotion will continue, with a goal of attracting 25 million international visitors.
Trade policy will also be advanced through new free trade agreements with the US, Middle East, India, Africa and Latin America, alongside regulatory reforms to reduce export bottlenecks. The resolution identifies science, technology, digital transformation and green industries as long-term growth drivers, underscoring Vietnam’s determination to sustain high-speed growth while ensuring macroeconomic stability.
(Source: Vietnam News)
