Vietnam Sets Ambitious 10% Growth Target for 2027

Hanoi:Vietnam is aiming for an economic growth of at least 10% in 2027 while ensuring macroeconomic stability and controlling inflation, as discussed in a plenary session on October 30 during the 16th National Assembly's second session.

According to Vietnam News Agency, during the morning session, lawmakers deliberated on two draft laws, including the amended Law on Real Estate Business and the amended Law on the Implementation of Grassroots Democracy.

In the afternoon, the legislature is expected to debate the execution of the 2026 socio-economic development plan and the proposed framework for 2027. This includes discussions on the 2026 state budget implementation, the 2027 state budget estimates, and the proposed allocation of the central budget for the following year.