Inflation control, innovation and tourism among the tools
Innovation and improvement of the institutional framework to create momentum for businesses are the basis of the measures envisaged by the Vietnamese government to achieve a minimum growth rate of 8% in 2025, already announced in December by Prime Minister Pham Minh Chin. Deputy Minister of Planning and Investment Nguyen Duc Tam said this at a press conference on Wednesday.
The main growth engine will be Ho Chi Minh City, with the two neighboring provinces of Binh Duong and Dong Nai, together with the capital Hanoi.
In addition to controlling inflation, other key solutions concern in particular domestic consumption, import-export and public investments, expected to be over 11 billion dollars.
The main levers also include, for 2025, tourism, both internal and external, and the acceleration of the implementation of the numerous free trade agreements signed.
Science, technology, national digital transformation and infrastructure development are the sectors at the forefront in supporting the country’s economic growth.