Prime Minister Le Minh Hung, on behalf of the Government, has signed Resolution No. 353/NQ-CP dated 6 November 2026 on the Government's regular October 2026 meeting, held on the morning of 4 November at Government headquarters. The resolution focuses on delivering the 2026 socio-economic targets at the highest possible level, including GDP growth of 10% or more, alongside macro stability, inflation control and the major economic balances.

Public investment and credit: two year-end levers

The Government is aiming to disburse 100% of the 2026 public investment plan. Ministries, sectors and localities must clear bottlenecks in site clearance and construction materials, and shift capital from slow-moving projects to those able to disburse quickly. This is a direct support channel for construction, building materials and infrastructure in the final weeks of the year.

On the monetary side, the resolution asks credit institutions to lower lending rates for production and business, while keeping risks and bad debt under control. Fiscal discipline is being tightened, with recurrent spending to be cut to the bone.

Holding prices, keeping inflation around 4.5%

A notable point for businesses and consumers is the decision not to raise prices of state-managed goods and services, in order to keep average full-year CPI at around 4.5%. The price management steering committee will work directly with localities, especially large provinces and cities, and speculation, hoarding, price manipulation, smuggling and trade fraud will be dealt with.

At the same time, the Government will keep promoting processing and manufacturing, supporting industries, digital infrastructure, artificial intelligence and digital data; developing the private sector; attracting FDI selectively; and boosting exports while reducing the trade deficit.

Laying the groundwork for 2027

Based on Conclusion No. 106-KL/TW dated 15 October 2026 of the 4th plenum of the 14th Party Central Committee, ministries, sectors and localities must send proposals for breakthrough tasks and solutions for 2027 to the Ministry of Finance before 10 November 2026. The Government also wants long-stalled projects resolved with clear plans, responsibilities and deadlines; sharp cuts in administrative procedures and business conditions; and detailed regulations taking effect at the same time as the laws passed at the 2nd session of the 16th National Assembly.

On external affairs, the resolution calls for preparations for APEC Viet Nam Year 2027, which is expected to open further trade and investment links.

Key takeaways