Vietnam Unfazed by Trade War, Targets 10% GDP Growth
Vietnam aims for a record 10% GDP growth in 2026, driven by new free trade agreements (FTAs) and high-tech foreign direct investment (FDI), despite global trade war pressures.
The government seeks to achieve double-digit GDP growth from 2026 onward, amid rising global trade tensions, by expanding FTAs and attracting FDI that brings advanced technology transfers.
Prime Minister Pham Minh Chinh announced that Vietnam will target at least 10% GDP growth in 2026, the highest in its history, emphasizing the resilience of the Southeast Asian economy amid external challenges.
According to Reuters, the ongoing National Assembly session will include key government appointments ahead of next year’s Communist Party Congress, setting Vietnam’s five-year economic and policy direction.
Author's summary: Vietnam targets 10% GDP growth.
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