Vietnamese lawmakers propose measures to meet 2027 growth target
At a discussion on October 31, Vietnamese lawmakers proposed ways to achieve double-digit growth in 2027, including more effective investment, longer-term financing, stronger supply-chain links for domestic firms, and policies that account for macroeconomic stability and regional differences.
On the morning of October 31, Vietnam’s 16th National Assembly discussed the socioeconomic situation at its second session. Addressing the goal of growth of 10% or more in 2027, several lawmakers called for more efficient use of capital and for growth to translate into better jobs and incomes.
Trần Hoàng Ngân, a representative from Ho Chi Minh City, called for continued strategic breakthroughs in institutions, infrastructure and highly skilled human resources, alongside stronger contributions from investment, consumption and exports. He also proposed specific plans for new growth drivers, including special economic zones, international financial centers, free trade zones and logistics centers, as well as adjustments to the financing structure to meet investment needs from 2026 to 2030.
Ho Chi Minh City National Assembly representative Trần Hoàng Ngân speaks.（VietVance）
Lê Văn Thế, a representative from Ninh Bình, said that under the budget proposal submitted by the government to the National Assembly, development investment spending in 2027 is expected to rise by nearly 57% from the 2026 budget. He proposed assessing the effects of completed investments on production capacity, added value and employment by project type, while tracking the time businesses spend on planning, land, investment and construction procedures.
Ninh Bình National Assembly representative Lê Văn Thế speaks.（VietVance）
Lê Hữu Trí, a representative from Khánh Hòa, cited a review report estimating GDP growth of 9.01% in the first three quarters of 2026. To achieve growth of at least 10% for the full year, the fourth quarter would need growth of about 12.5%. He noted that exports rose 24.5% and disbursed foreign direct investment increased 12.1% over the same period, but said Vietnam still needed to assess how extensively domestic firms participate in supply chains. He called for developing supporting industries, promoting technology transfer and expanding medium- and long-term financing channels.
Khánh Hòa National Assembly representative Lê Hữu Trí speaks.（VietVance）
Nguyễn Thị Việt Nga, a representative from Hải Phòng, called for better coordination among marine economy plans to avoid duplicate investment. Lò Văn Thọ, a representative from Sơn La, said growth targets should account for conditions in mountainous and other regions, with greater support for transport infrastructure. Several lawmakers also stressed that faster growth must be balanced with macroeconomic stability.
Source: VietVance
