Speaking at the opening of the Government’s regular meeting for June and a teleconference with local governments of all the 34 provinces and cities nationwide, held on July 4, to review the socio-economic situation in the first half of 2026 and identify measures for the second half to achieve this year’s targets, particularly the goal of double-digit economic growth, Prime Minister Le Minh Hung pointed out that the socio-economic situation in June, the second quarter, and the first six months of 2026 continued to show relatively positive progress, with many important outcomes achieved, creating momentum for fulfilling the tasks for the whole year.
The Government leader was quoted by the Vietnam News Agency as stating that during the first half of the year, Vietnam implemented the Resolution of the 14th National Party Congress, the resolutions and conclusions of the Party Central Committee and the Politburo, and socio-economic development tasks amid a rapidly evolving regional and global landscape. Many new, complex, and unpredictable issues emerged; strategic competition among major powers became increasingly fierce; and geopolitical, non-traditional security, and climate change risks increased.
Particularly, he said, conflicts in the Middle East disrupted trade and supply chains, negatively impacting security, triggering a decline in global trade, undermining growth prospects, causing macroeconomic instability, raising inflationary pressure, and leading to policy adjustments by major countries and partners, which have further destabilized global trade and growth.
Domestically, according to the Prime Minister, alongside the opportunities and advantages stemming from the renewed confidence and momentum following the success of the 14th National Party Congress, the country also faced numerous difficulties and significant pressure in ensuring macroeconomic stability, guaranteeing energy security, promoting growth drivers, and shifting the economic structure to secure fast and sustainable development.
Facing that fact, the Government, the PM, all-level authorities, sectors, and localities have concertedly and fruitfully carried out tasks and measures to improve leadership and governance efficiency, perform routine duties, and thoroughly resolve outstanding issues, he said, adding that at the same time, they have made timely and effective policy response to unexpected issues while implementing the strategic tasks under the Resolution of the 14th National Party Congress, and the directives of the Party Central Committee and the Politburo.
Prime Minister Hung underlined the leadership by the Party Central Committee, Politburo and Secretariat, especially directions from General Secretary and President To Lam; the support and close coordination of the National Assembly and agencies across the political system; along with the trust, joint efforts and determination of the entire political system, the public and the business community.
PM Hung requested participants to analyze the context and situation in the first half, forecast the situation in the coming period, and propose comprehensive and holistic policy solutions. In particular, it is necessary to assess whether the achievements gained have fully lived up to the available potential and resources, and whether better performance could be delivered.
He stressed the need for a thorough review of existing shortcomings, limitations, difficulties and challenges, the implementation results of Conclusion No. 18 issued at the second plenum of the 14th Party Central Committee, along with the tasks and responsibilities of all-level authorities and localities.
The PM also requested the tasks for the last six months be identified so as to secure double-digit growth while maintaining macroeconomic stability.
Particular attention should be paid to institutional issues that require further breakthroughs to create a stepping stone for fast and sustainable development. In addition, resources should be further unlocked and new drivers promoted, especially science – technology, innovation, and digital transformation, he added.
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