 |
| Nhon Trach Bridge on Ring Road 3 - Ho Chi Minh City is being implemented to promote connectivity and economic growth of Dong Nai and the region. |
With the growth target of Dong Nai province from 10% or more, the whole country strives for 8.3-8.5% in 2025, which is not easy, requiring efforts and implementation of solutions to attract and release resources for investment, development, production, business, import and export.
Choose a high scenario to strive for
At the online conference between the Government and localities to give opinions on the economic growth scenario for 2025 and tasks and solutions to achieve the growth target for 2025, the morning
On July 16, Minister of Finance Nguyen Van Thang said: The Ministry has consulted on building two scenarios for the second half of the year and the whole year.
Accordingly, scenario 1 determines that the growth rate for the whole year of 2025 will reach 8%. This growth rate corresponds to the third quarter growth rate reaching 8.3% compared to the same period in 2024, equivalent to the scenario in Resolution 154/NQ-CP of the Government; the fourth quarter will reach 8.5% (0.1% higher than the scenario). The GDP scale for the whole year is about 508 billion USD, GDP per capita is about 5,000 USD.
With scenario 2, growth for the whole year of 2025 will reach 8.3-8.5%. At that time, growth in the third quarter will reach 8.9-9.2% over the same period (0.6-0.9% higher than the scenario); growth in the fourth quarter will reach 9.1-9.5% (0.7-1.1% higher than the scenario). GDP scale in 2025 will be about 510 billion USD, GDP per capita will be over 5,020 USD.
According to Minister Nguyen Van Thang, the Central Government and the National Assembly have decided to set a growth target of 8% or more for 2025, but with the highest determination, greater efforts, overcoming all difficulties and challenges, and achieving higher than the set growth target, the Ministry of Finance proposes to choose scenario 2, which means annual growth of 8.3-8.5%. Doing this will create the premise for growth in 2026 and the following years to reach 10% or more.
Agreeing with the above viewpoint, Prime Minister Pham Minh Chinh affirmed: The Government has given a specific figure that the whole country needs to achieve a growth rate of about 8.3-8.5% in 2025, creating a solid foundation to achieve double-digit growth in the period 2026-2030. The Prime Minister requested to focus on analyzing and evaluating the world context to have appropriate solutions; immediate and long-term solutions to restructure the economy, transform the growth model according to the new spirit, new situation; untie knots, remove difficulties and obstacles, unblock resources, promote growth drivers.
The specific results of economic growth depend largely on the implementation of policies and solutions, especially in mobilizing and using resources for growth.
Resolute solutions
In the field of import and export, Party Central Committee member and Minister of Industry and Trade Nguyen Hong Dien commented: Strategic competition among major economies is becoming increasingly fierce, leading to a wave of new tariff measures and trade barriers. Therefore, Minister Nguyen Hong Dien recommended effectively exploiting the 17 signed trade agreements/agreements to promote growth. Make the most of opportunities and recovery trends of markets to boost exports. Expand and diversify export markets through researching new, potential markets with room for exploitation in the Middle East, Africa, Latin America, etc. Promote negotiations of new free trade agreements; negotiate and sign cooperation agreements and pacts in the fields of economics, trade, and industry, especially in areas where Vietnam has strengths.
 |
| Supporting businesses in exploiting the trade promotion market is an important task. In the photo: Businesses participating in a program organized by the Dong Nai Young Entrepreneurs Association in 2025 |
When determining the growth target of 8.3-8.5% in 2025 to strive for, it requires Vietnam to mobilize 111 billion USD of investment capital for the whole society. Thus, along with promoting investment, it is also necessary to exploit market opportunities to promote consumption and export.
For Dong Nai, at the 3rd Session of the 10th Provincial People's Council held on the morning of July 24, Comrade Vo Tan Duc, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee emphasized: In the last 6 months of 2025, Dong Nai will focus on implementing 30 main targets, including 9 economic targets. The province will promote the construction and development of synchronous and modern infrastructure, focusing on key and important national transport infrastructure projects and inter-regional projects. Continue to restructure sectors and fields associated with digital transformation and green transformation.
For Dong Nai to achieve a growth rate of 10% this year, the corresponding growth rate in the second half of the year must reach 11.52% (of which, the third quarter is 10.97% and the fourth quarter is 12.02%) is a huge challenge. According to comrade Ho Van Ha, member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee, Dong Nai will be determined to disburse 100% of public investment capital (a plan of more than 30 trillion VND); will start 8 major projects on August 19, 2025 with a total capital of more than 50 trillion VND. At the same time, effectively mobilize private capital, foreign direct investment (FDI) and socialization to serve the task of economic growth. The province has directed departments, branches and localities to urgently take drastic action, without delay; identify what needs to be done immediately and quickly in the last 6 months of the year and have plans to immediately remove obstacles.
King World
Source: https://baodongnai.com.vn/kinh-te/202507/kien-dinh-muc-tieutang-truong-cao-58c28aa/
Comment (0)