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Vietnam govt proposes double - digit GDP growth target for 2027

The Vietnamese government has proposed a GDP growth target of at least 10% for 2027, along with per capita GDP of 6,100 U.S. dollars and consumer price inflation around 4.5%. Prime Minister Le Minh Hung presented the proposal at the opening of the second session of the 16th National Assembly, pledging appropriate management of interest and exchange rates and measures to lower lending rates. Credit would be directed toward production, exports, science and technology, and small and medium-sized enterprises. The government said 14 of 15 socio-economic targets for 2026 are expected to be met or exceeded, with GDP up 9.95% year on year in the third quarter and 9.01% in the first nine months.

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