To firmly achieve double-digit growth target

Comrades: Nguyen Huu Nghia, Member of the Party Central Committee, Secretary of the Provincial Party Committee; Pham Quang Ngoc, Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee and delegates attend the conference at the Hung Yen provincial bridge point.

At the Hung Yen provincial bridge point the conference drew the attendance of comrades: Nguyen Huu Nghia, Member of the Party Central Committee, Secretary of the Provincial Party Committee; Pham Quang Ngoc, Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, and Chairman of the Provincial People's Committee. In the attendance were members of the Standing Board of the Provincial Party Committee, Vice Chairmen of the Provincial People's Committee, and leaders of several provincial departments and agencies.

In his opening remarks, Prime Minister Pham Minh Chinh assessed that in the first months of 2026, Vietnam faced many difficulties and challenges from the outside, especially the spreading military conflict in the Middle East, causing disruptions to supply chains, rising oil and gas prices, and increasing transportation costs; global commodity, financial, monetary, and precious metal markets experienced strong fluctuations with increased risks and uncertainties.

However, with the decisive involvement of the entire political system, the people, and the business community, under the direction of the Politburo and the Secretariat, headed by General Secretary To Lam, the socio-economic situation in the first quarter of 2026 generally continued to develop positively, achieving fairly comprehensive results, with many sectors experiencing breakthrough growth and many localities being bright spots.

The Prime Minister requested delegates to focus on analyzing the situation and proposing key tasks and solutions for the coming period to achieve the goal of both high growth and maintaining macroeconomic stability, controlling inflation, and ensuring the major balances of the economy; especially, the target of growth of 10% or higher remains unchanged.

Delegates attend the conference at the Hung Yen province bridge point.

According to the Ministry of Finance's report: In the first quarter of 2026, Vietnam's Gross Domestic Product (GDP) is estimated to grow by 7.83% compared to the same period last year. Twenty-three out of 34 localities achieved GRDP growth of 8% or higher, including four localities with double-digit growth: Hung Yen, Ninh Binh, Ha Tinh, and Hai Phong.

The macroeconomic situation is basically stable, inflation is under control, and major balances are ensured. The average consumer price index (CPI) in the first quarter increased by approximately 3.51% compared to the same period last year; state budget revenue in the first three months reached VND 829.4 trillion, equivalent to 32.8% of the projected amount, seeing an increase of 11.4% compared to the same period last year; exports and imports in the first quarter reached nearly USD 250 billion; registered FDI capital attained USD 15.2 billion, up 42.9% compared to the same period last year; and more than 6.76 million international tourists were attracted. Regarding the allocation and disbursement of public investment capital, by the end of March, ministries, agencies, and localities had allocated and detailed the 2026 investment plan totaling nearly 985 trillion VND; and had disbursed over 110 trillion VND of public investment capital, reaching 11% of the plan assigned by the Prime Minister.

At the conference, leaders of ministries, sectors, agencies, and localities focused on discussing tasks and solutions to be implemented in the coming period to achieve double-digit economic growth; make immediate solutions to ensure energy security and the supply of petroleum products to meet domestic production, business, and consumption requirements; and accelerate the disbursement of public investment capital from the early months of the year.

In his concluding remarks, Prime Minister Pham Minh Chinh commended and acknowledged the efforts of ministries, agencies, and localities in implementing tasks and achieving many results in the first quarter.

Analyzing the complex and unpredictable global context, the Prime Minister emphasized the need to turn challenges into opportunities, proactively transform the economic state, and restructure the economy; while remaining steadfast in the goal of double-digit growth, curbing inflation, stabilizing the macroeconomy, and creating momentum and strength for the country in 2026 and the following years.

Regarding future tasks, Prime Minister Pham Minh Chinh requested that each ministry, agency, unit, and locality demonstrate high determination and decisive action, closely monitor the domestic and international situation to develop appropriate, flexible, and effective tasks and solutions; and vigorously promote public investment, ensuring a 100% disbursement rate. To ensure national energy security, provide sufficient petroleum products for the economy and the needs of the people in all situations; boost administrative reform, minimize administrative procedures, contributing to reducing costs for people and businesses; continue to implement solutions to ensure social welfare and improve the lives of the people.