The year 2026 is important as it marks the first year of implementing the 2026–2030 five-year socio-economic development plan, with an ambition to achieve double-digit growth, and, on the back of solid macroeconomic foundations and decisive institutional reforms, Vietnamese enterprises enter the year ready for a new and promising growth cycle.

From the perspective of the business community, Ho Sy Hung, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), underscored the importance of macroeconomic stability, consistent and transparent policy management, and targeted support measures to strengthen business confidence and enable sustainable investment.

To achieve double-digit growth, Vietnam must fundamentally shift its growth model from extensive expansion to intensive development. Improving total factor productivity (TFP) and reforming public investment are two key pillars to generate growth breakthroughs. The core solution lies in restructuring public expenditure to support productivity-driven growth.

Nguyen Ba Hung, Chief Economist at the Asian Development Bank’s Vietnam Resident Mission, said improving capital efficiency is essential to enhancing the country’s capacity to mobilise resources. In the public sector, this requires better project preparation, faster implementation and more effective capital allocation, as delays raise material and labour costs.

The year 2026 is expected to mark the beginning of a new cycle of prosperity. With the Government’s support through flexible fiscal and monetary policies, combined with strong domestic capacity and entrepreneurial dynamism, Vietnam is seeking to strengthen its position on the regional economic map.

Dr Le Duy Binh, an economist, said resilience and self-reliance must first be reflected in macroeconomic stability, effective control over monetary and fiscal policy, and a stronger position for Vietnam in international economic integration.

Building on positive outcomes in 2025, strong political commitment and projections that macroeconomic stability and major balances will continue to be maintained in 2026, alongside strengthened confidence among citizens and businesses, Vietnam has the necessary conditions for a breakthrough in growth in 2026.

PM outlines economic diplomacy goals for 2026, calls for breakthrough growth

VOV.VN - Prime Minister Pham Minh Chinh chaired an online conference on January 10 with Vietnamese ambassadors and heads of overseas representative missions to review the country’s economic diplomacy in 2025 and set priorities for 2026, emphasising a focus on sincerity, balanced interests, and shared risks.

Green packaging industry in Vietnam poised for breakthrough growth

VOV.VN - Vietnam’s packaging industry is undergoing a dynamic transformation, with eco-friendly packaging emerging as a key growth driver.