Hanoi: Ho Chi Minh City has set an economic growth target of over 10% for 2026, based on favourable international conditions and the early impact of the amended Resolution 98 on special mechanisms and policies for the city. The goal was announced at a conference reviewing socio-economic development in 2025 and outlining tasks for 2026, held on January 6.

According to Vietnam News Agency, the city's leadership emphasized the importance of leveraging international conditions and the newly amended Resolution 98 to achieve the ambitious growth target. The resolution is expected to provide special mechanisms and policies that will facilitate economic expansion and development within the city.

The conference, which gathered local government officials and economic experts, focused on evaluating the city's performance in 2025 and strategizing for the coming year. The officials highlighted key areas of development, including infrastructure, technology, and foreign investment, as essential components for meeting the growth target.

The city aims to position itself as a leading economic hub by harnessing these initiatives, ensuring sustained growth and enhancing its global competitiveness. The attendees expressed confidence in the city's ability to meet the outlined goals through strategic planning and implementation of the policies set forth by Resolution 98.