A 40% increase in infrastructure investment that the Vietnamese Government is now planning would add approximately 2 percentage points to Vietnam’s 2025 GDP growth - if the Government manages to hit its disbursement targets this year, according to Michael Kokalari, chief economist at VinaCapital.

Prime Minister Pham Minh Chinh on March 1 signed Directive No. 05/CT-TTg outlining key tasks and breakthrough solutions to drive economic growth and accelerate public investment disbursement, ensuring that Vietnam’s GDP growth reaches at least 8% in 2025.

VOV.VN - Vietnam is likely to secure high annual growth of 8%, or even double-digit growth after recording a 7% expansion last year, according to Suan Teck Kin, head of research and executive director of Global Economics and Markets Research at Singapore-based United Overseas Bank (UOB).

Vietnamese Ambassador to the United Kingdom of Great Britain and Ireland Do Minh Hung presented his credentials to King Charles III at Buckingham Palace on February 20 during which the King affirmed his support to the two countries' cooperation in such fields as people-to-people exchange and environmental protection.

VOV.VN - Prime Minister Pham Minh Chinh delivered the Government’s commitment to realizing the ambitious goal of achieving high and steady growth to drive Vietnam forward, at a meeting on economic growth with localities in Hanoi on February 21.

VOV.VN - To secure the ambitious target of 8% or higher GDP growth in 2025, lawmakers have proposed additional solutions for effective implementation.

VOV.VN - To achieve a GDP growth target of at least 8% in 2025, the processing and manufacturing sector must surge by a minimum of 9.7%.

VOV.VN - The government submitted a supplementary plan on socio-economic development for 2025 to the National Assembly (NA) Standing Committee for consultation on February 10, setting a growth target of at least 8%.

VOV.VN - Minister of Planning and Investment Nguyen Chi Dung has emphasized that for Vietnam secure double-digit GDP growth, the non-state economic sector must expand by at least 11% annually.

VOV.VN - The government has planned to raise its GDP growth target to 8% or higher for 2025 and has submitted the revised plan to the National Assembly for consideration and approval at its coming extraordinary session in Hanoi next week.