Vietnam Targets 10% Growth Next Year Despite Trade Pressures (1)

Vietnam’s government is targeting annual economic growth of at least 10% over the next five years, even as US tariffs and global trade uncertainty threaten to weigh on exports and investments flows.

The nation will “continue to prioritize boosting growth while maintaining macroeconomic stability, curbing inflation, ensuring major economic balances, and keeping public debt and the budget deficit within the limits,” Prime Minister Pham Minh Chinh said at the National Assembly in Hanoi on Monday.

Chinh said economic expansion will be over 8% this year. The nation, which is aiming for 8.3-8.5% growth in 2025, saw its economy advance ...