Vietnam Targets GDP Growth of at Least 10% in 2027, Prime Minister Tells Parliament
Vietnam aims to expand its economy by at least 10 percent in 2027 while keeping inflation at 4.5 percent, Prime Minister Le Minh Hung told parliament on Saturday, October 17, according to Reuters reporting carried by TradingView. Bloomberg reported the government's plan sets an ambitious pace for the Southeast Asian economy as it seeks to sustain growth through exports, investment and infrastructure development while maintaining macroeconomic stability.
Vietnam's economy expanded 9.95 percent year on year in the third quarter of 2026, its fastest quarterly growth since the Covid-19 pandemic, driven by robust exports and infrastructure investment. However, trade uncertainty and rising import costs remain potential headwinds.
The government's challenge will be to sustain this momentum while managing inflationary pressures and ensuring rapid expansion does not undermine economic stability. (GSM, based on Reuters and Bloomberg reporting)
Source: GSM · USA (original Chinese edition)
Photo: 河内市景。Hanoi. Photo by xiquinhosilva, Wikimedia Commons, CC BY 2.0.
