Vietnam targets economic growth of at least 10 per cent in 2027
The government also aims to raise state budget revenue by approximately 9.1 per cent and fully disburse allocated public investment capital.
Vietnam’s government is seeking economic growth of at least 10 per cent in 2027, alongside inflation control and macroeconomic stability, according to a report presented to the National Assembly during its second session.
Its fiscal priorities include increasing state budget revenue by approximately 9.1 per cent, curbing recurrent spending and disbursing 100 per cent of the public investment capital allocated. The government wants science, technology, innovation and digital transformation to become the main engines of a new development model.
For 2026, the government expects Vietnam to achieve or surpass 14 of 15 principal socio-economic targets. However, it acknowledged continued pressure on economic management and inflation control, elevated deposit and lending rates, and difficulties for small and medium-sized enterprises in obtaining land and credit.
The 2027 agenda also includes simplifying administrative procedures, improving the civil service and supporting private-sector development. The government plans to be selective in attracting foreign investment, placing emphasis on technology transfer. Infrastructure priorities cover the completion of the expressway network and progress on major national railway projects.
Digital plans include keeping the National Data Centre operating effectively, extending 5G coverage across the country and testing 6G technology. The government also intends to improve education and workforce skills, strengthen social welfare and healthcare, and prepare for APEC Year 2027.
