{
  "id": 11679369,
  "title": "Prime Minister requests stronger efforts to tap growth potential",
  "url": "https://urgent.news/2026/10/03/prime-minister-requests-stronger-efforts-to-tap-growth-potential",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T12:23:27.000Z",
  "source": {
    "name": "SGGP English Edition",
    "slug": "sggp-english-edition",
    "url": "https://en.sggp.org.vn/prime-minister-requests-stronger-efforts-to-tap-growth-potential-post130090.html"
  },
  "original_language": "en",
  "account": "On October 3, Prime Minister Le Minh Hung urged ministries, sectors, and localities to better utilize their growth potential, eliminate obstacles, and maximize growth drivers during the last months of 2026. The goal is to meet the year's socio-economic development targets and set the stage for a strong start in 2027. At the September government meeting and an online conference, the PM emphasized the importance of achieving double-digit growth, with the fourth quarter GDP growth exceeding 12.5 percent. This requires immense determination and effort from all involved. To achieve this, the PM requested improvements in institutions and laws, ensuring high-quality draft laws and timely issuing of guiding regulations. Disbursing 100 percent of the public investment plan, completing key projects on schedule, and removing obstacles for long-delayed projects were also prioritized. The Government leader stressed the need to strengthen the domestic market, stimulate demand, and effectively capitalize on the year-end consumption and tourism seasons, while controlling prices. Boosting exports, reducing the trade deficit, promoting new growth drivers, encouraging private and foreign investment, and requiring corporations to complete investment, production, and business plans were also key objectives. The PM called for strict price controls, inspections to combat hoarding, speculation, and smuggling, and stronger development of science and technology, innovation, and digital transformation. Additionally, he stressed the importance of cultural and social development, improving living standards, developing social housing, and strengthening national defense and cybersecurity. Localities were instructed to closely monitor developments, review and update growth scenarios, identify shortfalls, and adopt appropriate measures for the fourth quarter. Major economic centers were asked to set higher targets and make more significant contributions to national growth, while localities with lagging growth were requested to implement strong, decisive measures to achieve the highest possible results.",
  "summary": "Prime Minister Le Minh Hung on October 3 called on ministries, sectors and localities to more effectively tap available growth potential, remove bottlenecks and maximise growth drivers in the final months of 2026.",
  "key_points": [
    "Prime Minister Le Minh Hung called for stronger efforts to tap growth potential.",
    "Goal is to meet socio-economic development targets and start strong in 2027.",
    "Prioritized domestic market strengthening, demand stimulation, and price control."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}