HANOI, VIETNAM – The 10th Session of Vietnam's 15th National Assembly solemnly convened in Hanoi on Monday morning, October 20, 2025, marking the start of a critical and unusually long legislative sitting. The session is scheduled to last approximately 40 days, underscoring a heavy agenda packed with crucial socio-economic decisions and major legislative debates.
This year-end meeting is one of the most significant of the Assembly's 2021-2026 term. Deputies will not only finalize the nation's economic strategy for the coming year but also conduct a comprehensive review of the legislature's performance over the past five years.
A Packed Agenda: Economic Planning and Budget Approval
As is traditional for the final session of the year, a primary focus will be on the country's economic performance. The Assembly, which functions as Vietnam's highest organ of state power and its sole legislative body, will:
Review 2025 Performance: Deputies will hear and debate government reports on the implementation of the 2025 socio-economic development plan. This includes assessing key indicators such as GDP growth, inflation control, state budget collection, and public debt.
Set 2026 Targets: The session's most anticipated outcome is the passing of a resolution on the 2026 socio-economic development plan. This resolution will set the official targets for Vietnam's GDP growth, consumer price index (CPI), and other vital metrics for the upcoming year.
Approve State Budget: The Assembly will scrutinize and approve the state budget estimate for 2026, as well as the central budget allocation. This is the most important financial and fiscal planning event of the year, outlining the government's spending and revenue priorities.
A Heavy Legislative Docket
The 40-day duration—longer than a typical session—is necessitated by a packed legislative docket. The Assembly is scheduled to debate, amend, and pass a wide array of draft laws and resolutions. These legislative reviews are vital for updating Vietnam's legal framework to align with its new economic and social realities, particularly in areas aimed at streamlining bureaucracy and attracting foreign investment.
What sets this 10th session apart is its dual role. Beyond its regular year-end duties, this session will also serve to comprehensively review the work and performance of the 15th National Assembly (2021-2026 term). With the term concluding in 2026, this sitting represents a final, major legislative push and a summary of the government's and legislature's achievements and challenges over the past five years.
The decisions made over the next 40 days in Hanoi will be closely watched by investors and international partners, as they will set the strategic direction for Vietnam's economy and legal framework heading into 2026.
