DR. NGUYEN VAN CUONG PROPOSES SOLUTIONS TO ACHIEVE A MINIMUM GDP GROWTH RATE OF 10%
Dr. Nguyen Van Cuong (Vice Chairman of the Management Council of Vietnam Social Security, Chairman of the Council of the Institute for Digital Technology and Economy – Hanoi University of Science and Technology, former Deputy Head of Hoa Lac High-Tech Park) has recently published an article in the specialized section of Finance – Investment Newspaper, analyzing the key conditions and solutions required for Vietnam to achieve a minimum GDP growth rate of 10% in the coming period.
📌 Read the full article at:
https://baodautu.vn/de-xuat-bien-phap-de-dat-muc-tang-truong-gdp-toi-thieu-10-d538409.html
According to Dr. Nguyen Van Cuong, setting a target of at least 10% GDP growth from 2026 onwards reflects Vietnam’s strong development ambition, while also serving as a political signal to mobilize the entire system to maximize available growth potential. However, when considering international forecasts and the current economic foundation, achieving this target will require fundamental solutions and deep structural reforms.
The article also highlights the gap between domestic expectations and international assessments. Forecasts indicate that Vietnam’s economic growth in 2026 may reach around 6–6.5%, with the World Bank projecting approximately 6.3%, the International Monetary Fund around 5.6%, and the Asian Development Bank about 6%. According to Dr. Nguyen Van Cuong, this demonstrates that achieving double-digit growth is highly ambitious and requires significant changes in the economic development model.
In the article, Dr. Nguyen Van Cuong emphasizes that the appropriate approach to achieving 10% GDP growth is to improve the quality of growth, focusing on several key directions:
• Placing labor productivity at the center of development policies
• Increasing domestic value-added within production chains
• Reducing financial risks and ensuring macroeconomic stability
• Improving social welfare and environmental quality, aiming for sustainable development
To achieve double-digit growth in the 2026–2035 period, Vietnam needs to implement synchronized institutional reforms, enhance the efficiency of resource utilization, and innovate its growth model. When these structural changes are carried out consistently, the goal of 10% GDP growth will have a real chance of becoming achievable rather than remaining merely an aspiration.
