On January 21, on behalf of the Party Committee of the Central Policy and Strategy Commission, Nguyen Anh Tuan, a member of the Party Central Committee and Deputy Head of the Commission, delivered a policy paper at the 14th National Congress of the Communist Party of Vietnam. The presentation sought to further clarify strategic solutions to ensure double-digit economic growth during the 2026 - 2030 period.

An urgent task that cannot be delayed

The Central Policy and Strategy Commission expressed strong agreement with the draft documents submitted to the Congress, particularly the national development goals, including the target of economic growth exceeding 10%.

According to Nguyen Anh Tuan, the requirement for high and sustainable double-digit growth in the coming period is both urgent and non-negotiable if Vietnam is to meet its strategic development goals to 2030 and 2045.

Speaking on the theme “Strategic solutions for achieving double-digit economic growth in the new period of 2026 - 2030,” Nguyen Anh Tuan emphasized that, based on the foundations already built and the nation’s aspiration to rise, Vietnam has sufficient conditions, potential, policy space, and confidence to realize this ambitious target.

He noted that overall economic efficiency remains low, if improved through better exploitation of potential and strengths, removal of bottlenecks, and unlocking of resources, it could generate breakthrough growth. All economic sectors still show substantial room for expansion. Many new resources and growth drivers have yet to be fully tapped. While the domestic and international context presents major challenges, it also offers favorable opportunities for Vietnam to narrow development gaps and accelerate its ascent.

Against this backdrop, the Central Policy and Strategy Commission proposed a set of strategic solutions to promote double-digit economic growth in the coming period.

Five solutions to secure double-digit growth

First, maintain macroeconomic stability, enhance the economy’s resilience, and ensure strategic autonomy, thereby creating a solid foundation for rapid and sustainable growth in both the short and long term. At the same time, strongly promote and renew traditional growth drivers while proactively developing and effectively harnessing new ones.

Second, accelerate economic restructuring and push forward industrialization and modernization, with science, technology, innovation, and digital transformation as the primary drivers. This includes developing the data economy, digital economy, green economy, and circular economy; effectively exploiting marine economic space, low-altitude economic space, outer space, and underground space. In parallel, maximize the role of all economic sectors, particularly the private sector, while improving the efficiency of the state sector and developing a sustainable collective economy. The quality of foreign investment attraction and utilization should be enhanced in line with new standards, and the role of growth-leading regions, economic corridors, and growth poles should be strengthened.

Third, more effectively tap international markets through diversification, while vigorously developing the domestic market into a truly sustainable driver of growth. This requires restructuring export strategies, shifting from price-based competition to exports built on branding, high standards, and products with high technological content and added value, as well as fully leveraging advantages from free trade agreements and emerging markets.

Fourth, mobilize and use resources, especially capital more efficiently to support high growth through all three channels: public investment, domestic private investment, and foreign direct investment. This includes promoting private investment, developing diversified capital markets to mobilize medium and long-term funding, encouraging venture capital funds and fintech companies to unlock capital flows for small and medium-sized enterprises and startups, and selectively attracting foreign investment with a focus on high technology and energy efficiency.

Fifth, accelerate breakthroughs in economic institutions, human resources, science and technology, innovation, and infrastructure to create a solid foundation for rapid and sustainable growth.

Nguyen Anh Tuan stressed that these solutions must be implemented in a coordinated manner, with clear priorities and focus. Particular attention should be paid to resolving key bottlenecks and constraints to growth, while stimulating and amplifying growth drivers that generate spillover effects across the economy. At the same time, a new growth model should be established and implemented, centered on productivity, quality, and competitiveness, with science, technology, innovation, and digital transformation as the core foundations, ensuring the most efficient use of resources.

Fully aware of the demands of national development in the new period, and in line with its assigned functions and responsibilities, Nguyen Anh Tuan affirmed that the Central Policy and Strategy Commission will continue to work closely with ministries, sectors, and localities to provide timely advice on strategic orientations, major policies, and key socio-economic measures. These efforts aim to ensure the successful implementation of the Resolution of the 14th National Congress of the Party, contributing to Vietnam’s rapid and sustainable development.