Finance Minister outlines Vietnam s growth path at APEC meeting
Minister of Finance Ngo Van Tuan delivered a keynote address at the 33rd APEC Finance Ministers Meeting sharing the country s macroeconomic performance and outlook as well as its policy direction for maintaining macroeconomic stability and laying the groundwork for double digit growth in 2027
The 33rd APEC Finance Ministers' Meeting (FMM 2026) took place in Hong Kong from October 20-21, with discussions focusing on global developments, regional macroeconomic prospects, and geopolitical risks. Vietnam, preparing to host APEC 2027, was invited by Chinese Finance Minister Lan Fo'an to deliver a keynote address during the main session.
The meeting analyzed the global and regional economic outlook, with the International Monetary Fund, Asian Development Bank, and Asian Infrastructure Investment Bank highlighting AI investments and technological drivers as key factors. Global growth was projected at 3.1% in 2026 and 3.4% in 2027, but risks from geopolitical tensions, high interest rates, and technological gaps persisted.
Vietnam's economic growth in the first nine months of 2026 stood at 9%, with a consumer price index increase of 4.52%. Foreign investment reached a record high, and public expenditure was restructured for improved efficiency. Vietnam aims to achieve double-digit economic growth in 2027 while maintaining macroeconomic stability and transitioning to a science- and technology-driven growth model.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- Vietnam and World Bank discuss priorities for APEC 2027 vir.com.vn
- China says APEC finance ministers agree to boost policy coordination channelnewsasia.com
