Will development bend under global strain?

Testing times: People in the Old Quarter of Hanoi. The ADB warns that the conflict is affecting Asia through higher energy costs, logistics disruptions and tighter financial conditions. — AP

HANOI: Vietnam has entered 2026 with a bold ambition: sustaining double-digit economic growth as it moves into a new development phase.

The target, endorsed at the 14th National Party Congress for the 2026 to 2030 term, calls for average annual gross domestic product (GDP) growth of 10% or more.