Prime Minister Pham Minh Chinh on September 6 chaired the Government’s regular monthly meeting for August to review the socio-economic situation in the first eight months of 2025 and set out key tasks for the remainder of the year.

The Government leader stressed that Vietnam must achieve its 2025 GDP growth target of 8.3–8.5%, calling for the renewal of traditional growth drivers and the promotion of new ones to ensure comprehensive and balanced development across all sectors.

He urged ministries and sectors to review and simplify administrative procedures, aiming to reduce processing time, volume, and cost by 30%. He also emphasized the need to accelerate the settlement of long-standing projects, which would help unlock additional resources for development.

The Prime Minister requested a clear analysis of key challenges, including rising inflation, exchange and interest rate pressures, weakening domestic consumption, slower exports and public investment disbursement, difficulties in digital transformation under the two-tier local administration model, and the recent sharp surge in gold prices.