Prime Minister Pham Minh Chinh requested ministries, agencies, sectors and localities to spare no efforts from the very first days of this year to achieve the double-digit growth goal in 2026, while chairing the first Government meeting of the year held in Hanoi on February 4.

At the meeting, the Cabinet discussed the socio-economic performance in January, the allocation and disbursement of public investment capital, the implementation of national target programs, and tasks and solutions for the time ahead.

The Prime Minister also called for promoting production and business activities, doubling efforts to combat smuggling, counterfeit and fake goods.

He instructed ministries, sectors and localities to develop flexible policy plans to respond promptly to external economic shocks, thereby maintaining macroeconomic stability, controlling inflation and preserving major economic balances. Accelerating public investment disbursement and fast-tracking key national infrastructure projects from the early days of 2026 were also highlighted as an urgent task.

According to a report by the Ministry of Finance at the meeting, total foreign direct investment (FDI) inflows to Vietnam reached nearly $1.5 billion in January, while FDI disbursement was estimated at $1.7 billion, up 11.3% year-on-year.

The index of industrial production grew at about 21% year on year, with all 34 localities reporting growth.

January's export turnover increased by 29.5% while import value soared by 49% compared to the same period last year.

Source: VNECONOMY