On the afternoon of 12 November 2026, Prime Minister Le Minh Hung answered questions from National Assembly deputies in person from 15:45 to 16:50, following Finance Minister Ngo Van Tuan and Science and Technology Minister Vu Hai Quan. It was his first question-and-answer session as Prime Minister. His central message was to keep the macro economy stable and inflation under control as a foundation for high growth.
Prices and welfare: no health service price rise in 2026
The Prime Minister said the Government keeps tight control over prices of state-managed goods and services and will not raise health service prices in 2026. Consumer prices (CPI) over ten months were held at 4.57%, even as world petrol prices rose 76–78% from the start of the year and diesel prices rose about 109%.
Support measures already in place include a 2% value-added tax reduction on a group of goods and services until the end of 2026; special consumption tax on petrol cut from 7%, 8% and 10% to 0%; a 2% cut in electricity prices; and guidance for a 30% reduction in corporate income tax and household business income tax for 2026–2027. Tax and fee relief in 2026 reduces budget revenue by about VND256.7 trillion.
Ten-month macro foundations
- The average interbank exchange rate over ten months rose only 0.63% from 2025; lending rates for production and priority sectors fell by 1.5–2%.
- Total social investment to the end of September reached VND3.11 million billion, up 15.1%; public investment disbursement was about VND708.6 trillion, over 74% of plan.
- Registered FDI in ten months reached US$54.85 billion, up 74%; disbursed FDI was US$24.08 billion, up 13.1%. Total import-export turnover passed US$1,000 billion for the first time.
2027 direction: large-scale capital mobilisation, focused public investment
For 2026 the Government targets growth above 10% and inflation of about 4.5%; the 2027 growth target is 10%. Total social investment in 2027 needs to reach about 36–38% of GDP, or VND6–6.4 million billion. Under Conclusion No. 18 of the Party Central Committee's second plenum, the number of public investment projects must fall by at least 30%, with priority for inter-regional, transport, seaport, key science and technology and agricultural infrastructure projects. "The most important thing is where we put the capital," the Prime Minister stressed.
On capital markets, he cited FTSE Russell's upgrade of Vietnam's stock market to emerging-market status, plans for two financial centres in Ho Chi Minh City and Da Nang, and the goal of a modern medium- and long-term capital market that attracts international investment funds.
Key takeaways
- No health service price increase in 2026; ten-month CPI at 4.57%, inflation target about 4.5%.
- Growth target above 10% for 2026 and 10% for 2027, requiring VND6–6.4 million billion of total social investment.
- At least a 30% cut in the number of public investment projects to focus on high-spillover works.