Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM EYES DOUBLE-DIGIT GROWTH IN 2026
At the National Assembly session on November 13, deputies voted for an economic growth target of at least 10% in 2026 - PHOTO: QUOCHOI.VN
HCMC – The National Assembly has approved the 2026 socio-economic development plan, setting an economic growth target of at least 10%.
The resolution, passed on November 13 with more than 90% of lawmakers in favor, also aims for per capita GDP of US$5,400-5,500 and an inflation rate of around 4.5%, according to the National Assembly’s website (quochoi.vn). These targets are higher than the projected outcomes for 2025.
The Government is assigned to pursue growth while maintaining macroeconomic stability, controlling inflation, and ensuring key economic balances. Fiscal and monetary policies will be managed flexibly, with credit directed toward production and business and tighter control over lending to risky sectors.
Authorities are instructed to strengthen management of the gold, real estate, and stock markets and prevent tax losses, especially in e-commerce, food services, and retail.
Public debt and budget deficits must be tightly managed to create fiscal space for development, including the issuance of government bonds for major national projects.
The National Assembly called for the removal of investment bottlenecks and faster public capital disbursement from early 2026, focusing on large projects and national target programs.
The Government was also tasked with establishing international financial centers in HCMC and Danang City and developing new-generation free trade zones in selected provinces.
Key infrastructure projects include the Lao Cai–Hanoi–Haiphong railway, urban rail lines in Hanoi City and HCMC, phase two of Long Thanh International Airport, Gia Binh Airport, and the international transshipment ports in Can Gio and Hon Khoai.
The resolution also calls for investment incentives in the energy sector, progress on the Ninh Thuan 1 and 2 nuclear power plants, and the development of emerging sectors such as marine, underground, and space economies.
Source: The Saigon Times
Related News
MEMBER CORNER / PROMOTIONS
SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION
In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.
MEMBER CORNER / PROMOTIONS
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HR / LABOUR/ EMPLOYMENT
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HR / LABOUR/ EMPLOYMENT
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
BANKING / FINANCE / INSURANCE / TAX
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
GARMENT / TEXTILE
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
Events Sponsors
