The Vietnamese government has issued Resolution 168/NQ-CP on June 27, 2026, which outlines measures to ensure the implementation of a minimum wage increase effective from July 1, 2026. This decision is part of a broader strategy to achieve a growth target of over 10% for the year while ensuring macroeconomic stability.

As part of the fiscal policy management, the Ministry of Finance is tasked with promptly advising the government on necessary adjustments to fuel and aviation tax regulations in response to global price fluctuations. Additionally, the government has been directed to allocate increased central budget revenues from 2025 by July 2026 and to finalize the medium-term public investment plan for 2026-2030 by July 15, 2026.

The government is also focused on developing the stock market and attracting foreign direct investment (FDI), with plans to amend the Securities Law during the National Assembly session in October 2026. This includes enhancing market capacity and introducing new financial products to attract international investors to Vietnam's financial center.

On the monetary policy front, the government has instructed the State Bank of Vietnam to manage monetary policy proactively and flexibly to stabilize interest rates and ensure liquidity in the economy. This approach aims to control inflation while supporting a double-digit growth target.

Furthermore, financial institutions are encouraged to reduce costs and stabilize market interest rates. The government is also focusing on controlling credit in high-risk sectors and ensuring funding for major projects approved by the National Assembly.

Overall, these measures reflect the government's commitment to fostering economic growth while ensuring that the necessary resources are available for the implementation of the minimum wage increase and other economic initiatives.