Vietnam targets at least 10% GDP growth in 2027
Vietnam's government has proposed a GDP growth target of at least 10% for 2027 while seeking to maintain macroeconomic stability and keep inflation under control.
Vietnam has set ambitious targets for 2027, aiming for at least a 10% GDP growth rate and a GDP per capita of $6,100. Prime Minister Le Minh Hung outlined the government's plans to diversify funding sources, increase budget revenue by 9.1%, curb recurrent spending, and accelerate economic restructuring. The government also seeks to improve labor productivity growth by 8.6% and expand the domestic industrial ecosystem, prioritizing foundational and supporting industries.
Foreign trade is projected to reach $1.11 trillion for the full year, potentially surpassing the $1 trillion mark for the first time.
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Also reported by 2 other outlets
- Vietnam’s prime minister targets 2027 GDP growth of at least 10% freemalaysiatoday.com
- Vietnam Prime Minister Targets 2027 GDP Growth of at Least 10% bloomberg.com
