Strategic solutions to ensure Vietnam's double-digit growth proposed at 14th National Party Congress

The requirement for high and sustainable double-digit growth in the coming period is extremely urgent and cannot be delayed in order to fulfil Vietnam’s strategic development objectives through 2030 and 2045.

Nguyen Anh Tuan, Vice Chairman of the Party Central Committee’s Commission for Policies and Strategies and a Party Central Committee member, made the remarks while delivering a presentation at the 14th National Party Congress on Wednesday. The presentation also clarified strategic solutions to ensure double-digit economic growth in the 2026-2030 period.

Regarding the practical foundations for achieving the economic growth goal, Tuan noted that, built on existing achievements and the nation’s aspiration for renewal and advancement, Vietnam possesses sufficient conditions, potential, and policy space to realize this goal.

Overall economic efficiency remains modest, leaving room for improvement, he said, affirming that if strengths and untapped potential are fully promoted, bottlenecks removed, and resources effectively mobilized, breakthrough growth can be generated. All economic sectors still hold considerable growth potential, while many new drivers and resources for development have yet to be fully exploited.

The current domestic and international context presents significant challenges, but also offers favorable opportunities for Vietnam to narrow development gaps and accelerate its rise. Against this backdrop, the Commission for Policies and Strategies proposed several key strategic solutions to promote double-digit growth in the coming period.

First, macroeconomic stability must be firmly maintained, economic resilience strengthened, and strategic autonomy ensured, thereby laying a solid foundation for rapid and sustainable growth in both the short and long term. Traditional growth drivers should be renewed and accelerated, while new growth engines must be proactively developed and effectively harnessed.

Second, the economic restructuring should be accelerated in parallel with industrialization and modernization, with science-technology, innovation, and digital transformation serving as the primary drivers.

Third, priority will be given to effectively exploiting and diversifying international markets, and strengthening the domestic market as a truly sustainable growth driver. Export strategies need to be restructured, shifting from price-based competition toward branding, higher standards, and products with greater technological content and added value.

Fourth, resources, especially capital, must be mobilized and used more effectively through public investment, domestic private investment, and foreign direct investment.

Fifth, it is necessary to intensify breakthroughs in economic institutions, human resources, science-technology, innovation, and infrastructure to form a solid foundation for fast and sustainable growth, said Tuan.

The official stressed that these solutions must be implemented in a concerted yet focused manner, with the aim to address key bottlenecks while activating growth drivers with strong spillover effects.

He affirmed that the commission will continue to closely coordinate with ministries, sectors, and localities to provide timely policy advice, contributing to the successful implementation of the Resolution of the 14th National Party Congress and to Vietnam’s rapid and sustainable development.