The Finance sector summarizes the work in 2025 and implements tasks in 2026
On the afternoon of January 6, the Ministry of Finance held a national conference to summarize its work in 2025 and implement tasks in 2026, which was held in both face-to-face and virtual forms, connecting with 34 provinces and cities. Comrade Pham Minh Chinh, Member of the Politburo and Prime Minister, attended and directed the conference at the central bridge point. At the Hung Yen provincial bridge point, the conference drew the attendance of Comrade Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee; and leaders of relevant provincial departments and agencies.
Comrade Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, along with other delegates, attend the conference at the Hung Yen provincial bridge point.
In 2025, amidst challenging global and domestic economic conditions, the Ministry of Finance focused on developing the largest number of legal documents and policies ever, coupled with innovative thinking and approaches to proactively address bottlenecks, promote decentralization and delegation of power, and promptly meet new development requirements. It advised the Government and the Prime Minister on scenarios and solutions to achieve economic growth of 8% or more and keep inflation at the lowest possible level.
In addition, the Ministry of Finance proactively and flexibly managed fiscal policy, making a significant contribution to macroeconomic stability, promoting growth, and ensuring major economic balances. It also accelerated the reduction of administrative procedures and business conditions, improved the investment and business environment, and contributed to boosting social investment and the development of various economic sectors. State budget revenue reached nearly 2.55 trillion VND, exceeding the projected target by almost 30%. Disbursement of public investment capital reached its highest level ever. The financial and stock markets continued to thrive, becoming an important channel for capital flow into the economy.
Speaking at the Hung Yen provincial bridge point with the theme "Leveraging coastal advantages and new development space after the merger, building Hung Yen into a growth pole of the Red River Delta region," Comrade Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, emphasized the particularly important significance of the merger of Hung Yen and Thai Binh provinces into the current Hung Yen province. This is a major strategic decision of the Central Government aimed at expanding economic development space, connecting and effectively utilizing resources.
The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee stated: In 2025, thanks to the timely and effective guidance of the Government, the Prime Minister, and ministries and central agencies, along with the high consensus of the entire political system, the business community, and all strata of the people, Hung Yen province continued to make new strides in various fields. The growth rate is among the high group in the country; the economy is strongly developing across all three pillars, with industry experiencing breakthroughs, trade and services flourishing, and agriculture continuing to be maintained. In particular, total state budget revenue in the province reached 101,451 billion VND, exceeding the projected target by over 183%. Many large and key projects in the province have been launched, especially in transportation infrastructure, industry, urban development, services, culture, and sports, opening up new development opportunities. Investment attraction in 2025 achieved positive results, with total new and additional capital reaching VND 174 trillion and USD 2.33 billion; cumulative total foreign direct investment (FDI) reached USD 17.13 billion. The organizational structure and smooth operation of the government system have gradually formed a unified and seamless economic space, creating a solid foundation for development in the new phase.
Comrade Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, delivers a presentation at the Hung Yen provincial bridge point.
According to the Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, in the implementation of the Resolution No. 36-NQ/TW of the Central Party Committee on the strategy for sustainable development of the marine economy, Hung Yen province has proactively issued specific action programs and plans; identifying the marine economy as one of the pillars for rapid and sustainable development. The focus is placed on developing the Thai Binh Economic Zone into a new growth engine, attracting large-scale industrial and energy projects, and gradually forming a coastal energy, industrial, and logistics center in the Red River Delta region. Simultaneously, the province is concentrating on mobilizing and effectively utilizing investment resources, prioritizing the development of a synchronous infrastructure system, especially inter-regional transportation infrastructure, North-South and East-West connecting routes, and port and logistics infrastructure. Industry is oriented towards green, high-tech, high value-added development, linked to innovation and sustainable development.
In particular, the province is currently urgently completing the dossier and reporting to the competent authorities to allow the establishment of the Hung Yen Free Economic Zone based on the Thai Binh Economic Zone, aiming to become the first free economic zone in the country. This economic zone is expected to create a breakthrough in attracting strategic investment, developing high-tech industries, high-quality services, and a modern port and logistics system, thereby enhancing competitiveness and making a positive contribution to the overall growth of the region and the country.
Speaking at the conference, Prime Minister Pham Minh Chinh acknowledged and commended the Finance sector for its efforts in overcoming difficulties and successfully completing assigned tasks.
The Prime Minister emphasized: 2026 is a year of special significance, the first year of implementing the Resolution of the 14th National Party Congress and the resolutions of Party congresses at all levels for the 2025-2030 term; this year also witnessed many significant political events for the country. In particular, the Party, the National Assembly, the Government, and the Prime Minister set economic growth targets for this year at 10% or higher, while maintaining macroeconomic stability, controlling inflation, ensuring major balances, doing a good job in social welfare, improving people's lives, and meeting the needs of rapid and sustainable national development.
He requested that the Finance sector continue to improve the effectiveness of fiscal policy management; tighten financial and budgetary discipline; accelerate reforms and digital transformation, contributing to the successful achievement of socio-economic development goals in 2026. The entire sector must be more decisive and determined in implementing the eight assigned tasks and solutions; focusing on comprehensive innovation in thinking and working methods across all aspects of work. To coordinate closely and effectively with ministries, agencies, and localities in order to promptly realize the guidelines, policies, and strategies of the Party and the National Assembly.
