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Tuesday, December 9, 2025

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GDP growth

Overcoming invisible constraints

“We need to remain steadfast in our goal of achieving 10% GDP growth in 2026. Only then can we maintain determination toward this objective, while staying proactive and flexible in seeking solutions when obstacles arise,” said Dang Thanh Tung, head of investment operations at Dragon Capital, in an interview with The Saigon Times. An ambitious yet obtainable target The Saigon Times: The National Assembly has recently approved an economic growth target of 10% or higher for 2026. Given the current domestic and global context, how do you assess this goal? Dang Thanh Tung: First of all, I think we need to recognize that a growth target set only at an average level, such as 6–7%, may create an invisible constraint for the Vietnamese economy. From policy planning to implementation, as well as efforts by economic actors, everything is likely to revolve around this average level instead of aspiring to breakthrough progress. Only when we set an ambitious target do we create motivation to strive harder and push the economy toward stronger, more dynamic growth. Even in 2025, when the GDP growth target of over 8% was announced, there was no shortage of skepticism. Yet now, we are very close to […]
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