Resolution on supplementing the socio-economic development plan in Vietnam in 2025

Resolution on supplementing the socio-economic development plan in Vietnam in 2025

According to Resolution 192/2025/QH15, the overall objective is to consolidate and adequately prepare foundational factors to successfully implement the 10-year Socio-Economic Development Strategy for 2021 - 2030. This marks the nation's entry into a new era of development and contributes to creating a solid foundation for achieving double-digit growth in the period 2026 - 2030.

In 2025, the focus will be on promoting growth with the goal of achieving 8% or higher, while maintaining macroeconomic stability, controlling inflation, and ensuring major economic balances. Harmonious development between the economy and society and environmental protection is emphasized, along with ensuring national defense and security, to lay a foundation for higher growth in subsequent years.

Adjustments in some key targets:

- The growth rate of the Gross Domestic Product (GDP) is targeted at 8% or higher, with the GDP scale in 2025 expected to reach over 500 billion United States dollars (USD).

- The GDP per capita is expected to be approximately over 5,000 USD.

- The Consumer Price Index (CPI) is expected to increase at an average rate of about 4.5 - 5%.

The National Assembly fundamentally agrees with the tasks and solutions proposed by the Government of Vietnam and other National Assembly agencies, and additionally requests the Government of Vietnam and relevant agencies to focus on implementing the key tasks and solutions.

Emphasis is placed on completing the legal institution and enhancing the effectiveness of law enforcement; concentrating resources to complete synchronized and modern strategic infrastructure; and effectively mobilizing and utilizing public investment resources.

Focus on reforming administrative procedures, improving the investment and business environment, expediting the resolution of investment procedures, and addressing difficulties and obstacles in business activities, encouraging investment from all economic sectors; and enhancing and innovating traditional growth drivers.

Simultaneously, there is a strong push to promote new growth drivers, and develop a new, advanced productive force.

For detailed content, refer to the Resolution 192/2025/QH15 issued on February 19, 2025.

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