The target of average GDP growth of 10% or more over 2026–2030 requires very large investment capital. According to Dr. Cấn Văn Lực, Chief Economist at BIDV, Vietnam needs to sustain growth in total social investment of about 13–15% a year, with total investment needs estimated at 280–300 billion USD a year, while the state budget is expected to cover only about 22%. The capital mix still relies heavily on banks, while the stock and corporate bond markets have not yet realised their potential, so developing channels outside bank lending is needed. Dr. Nguyễn Thị Ngọc Hà noted that as of the end of Q3 2026, public investment disbursement reached only 62.9% of plan (central agencies 44.1%, localities 73.6%), while investment capital grew 15% at current prices but only 7.6% at comparable prices. A narrowing government bond yield spread between Vietnam and the US could add pressure on foreign capital flows and the exchange rate, so flexible, controlled exchange rate management, stronger FX reserves and inflation control are needed.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Tạo động lực cho tăng trưởng hai con số
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GDP growthVietnambanksbondsexchange ratescapital flows
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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