Objective for GDP growth in 2025 in Vietnam to be above 8%

Objective for GDP growth in 2025 in Vietnam to be above 8%

Adjustment of certain key indicators:

- The growth rate of the Gross Domestic Product (GDP) to achieve 8% or more, the GDP scale in 2025 to reach approximately over 500 billion US dollars (USD).

- The average GDP per capita is approximately over 5,000 USD.

- The consumer price index (CPI) average growth rate is about 4.5 - 5%.

One of the primary solutions and tasks to achieve this goal is to focus resources on completing a modern, synchronized strategic infrastructure; effectively unlocking and utilizing public investment resources.

In the year 2025, substantially complete the Long Thanh International Airport, the ports in the Lach Huyen area, open for operation the T3 Tan Son Nhat terminal, T2 Noi Bai; commence construction of the Lien Chieu port; expedite the preparation procedures for investing in strategic, nationally significant transport infrastructure projects.

Supplement approximately 84.3 trillion VND in public investment capital from the increased revenue, saving state budget expenditures in 2024 to accelerate the implementation progress of some projects capable of absorbing capital (highways, coastal roads...) right in 2025. Absolutely economize expenditures; strive to save an additional approximately 10% increase in regular expenses in the 2025 estimate compared to the 2024 estimate and increased state budget revenue in 2024 to invest in the railway line Lao Cai - Hanoi - Hai Phong; utilize the public debt space, state budget deficit to mobilize, and supplement resources for development. Accelerate the implementation of National Target Programs; among those, urgently complete the investment procedure for the National Target Program on Cultural Development for the period 2025 - 2035 to be implemented immediately in 2025.

Accelerate the disbursement progress of public investment capital, aim for the 2025 national disbursement rate to reach 95% of the plan; supplement and apply specific policies and mechanisms, especially for large-scale, key projects. If necessary, adjust the state budget deficit to around 4 - 4.5% of GDP to mobilize resources for development investment; public debt, debt to the Government of Vietnam, foreign debt of the nation may reach or exceed the warning threshold of about 5% of GDP.

More details can be found in Resolution 192/2025/QH15 dated February 19, 2025.

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