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Vietnam Targets Double-Digit GDP Growth Amid Banking Reforms

12/31/2025

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Summary

Story summary

Prime Minister Pham Minh Chinh called for banking reform to achieve double-digit growth.
At a year-end conference in Hanoi, he urged proactive monetary policy and coordinated fiscal measures to maintain macroeconomic stability and curb inflation.
He noted the banking sector achieved 17.87% growth in outstanding loans in 2025.
Vietnam aims for a GDP growth target of 10% or higher for 2026 despite natural disasters.

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Story summary

Prime Minister Pham Minh Chinh called for banking reform to achieve double-digit growth.
At a year-end conference in Hanoi, he urged proactive monetary policy and coordinated fiscal measures to maintain macroeconomic stability and curb inflation.
He noted the banking sector achieved 17.87% growth in outstanding loans in 2025.
Vietnam aims for a GDP growth target of 10% or higher for 2026 despite natural disasters.