The National Assembly’s resolution on the socio-economic development plan for 2024 sets a target of 6.0-6.5% growth in gross domestic product (GDP) for the year, while per capita income is expected to reach 4,700-4,730 USD.
Under the National Master Plan for 2021-2030 with a vision to 2050, Vietnam strives to reach a GDP growth rate of approximately 7 percent per year during the 2021-30 period. By 2030, GDP per capita at current prices is expected to be around 7,500 USD.
Under the National Master Plan for the 2021-2030 period with a vision to 2050, Vietnam is set to become a developing nation with modern industry, high average incomes, and economic growth by 2030, based on science and technology, innovation, and digital transformation.
Implementing the “National Digital Transformation Programme to 2025, with a vision to 2030”, Vietnam has to date attained remarkable achievements, with awareness about digital transformation constantly improving.
COVID-19 and geopolitical tensions in the region and the world have put Vietnam’s economy under pressure in recent times. Despite being viewed as among the world’s leading performers, Vietnam’s economic growth has now fallen behind the government’s initial plans for the 2021-2025 period.
