It is also calling for coordination among ministries and localities to implement measures that sustain growth and enhance economic resilience amid global uncertainties.

“We will continue to study and propose fiscal measures to support the economy, remove obstacles for businesses, and strengthen anti-tax evasion, transfer pricing control, and maximise potential revenue sources,” Dinh Xuan Ha, deputy director of the State Budget Department at the Ministry of Finance, said at a regular Q1 press conference in Hanoi on April 9.

The MoF reported that State budget revenue in Q1 2026 reached over VND829 trillion, marking an 11.4% year on year increase, while cumulative expenditure for the first quarter exceeded VND530 trillion, with investment spending rising nearly 45% compared with the same period last year. This reflects efforts to accelerate public investment disbursement, especially for key national projects, supporting production and consumption across sectors.

“Our role is not only managing revenues and expenditures but also creating a favorable environment for investment to flow into strategic projects, enhancing production capacity and promoting sustainable development,” MoF Deputy Minister Nguyen Duc Chi said.

Chi also revealed that the MoF also plans to encourage FDI reinvestment domestically, develop international investment funds, and advance carbon credit markets, alongside studying a digital asset exchange to mobilize additional resources for economic activities.

MoF experts shared that the double-digit GDP target will rely on seven core solutions, ranging from optimising fiscal revenues and expenditures, accelerating public investment, supporting businesses, to developing new capital mobilisation channels. Among these, public investment continues to be a growth lever. In Q1 2026, disbursed public investment was estimated at over VND110 trillion, VND30 trillion higher than the same period last year.

Do Thi Ngoc, deputy director of the National Statistics Office, highlighted the main drivers of growth for the remainder of 2026, including accelerating public investment, stimulating domestic consumption, supporting businesses through fiscal and monetary policies, and maximising the potential of export-oriented industries.
“Q1 growth of 7.83% is a foundation for acceleration in the remaining quarters. To meet the annual target, Q2 must reach 10.5%, Q3 10.6%, and Q4 10.44%,” ngo said, adding coordinated efforts across central and local authorities remain essential to maintain momentum and achieve steady growth in the following quarters,” Ngoc noted.

The press conference emphasised that flexible fiscal management, efficient investment allocation, and strategic support for enterprises are key to navigating external uncertainties and promoting stable, sustainable economic development.

Trade ministry outlines measures to sustain double-digit GDP growth in 2026

VOV.VN - As Vietnam aims for double-digit GDP growth in 2026, the Ministry of Industry and Trade (MoIT) is rolling out a series of coordinated measures to ensure stable production, boost exports, and increase local content in key industries.