Keyword: "shift in Vietnam’s development thinking"

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Vietnam sets a goal to raise GDP per capita to around 8,500 USD by 2030. (Photo: VNA)

Resolution 19 marks strategic shift in Vietnam’s development thinking

After 40 years of Doi Moi (Renewal), the economy has begun to show signs of shifting from a growth model heavily reliant on expanding capital and labour towards one driven by innovation, science and technology and digital transformation, with greater emphasis on improving labour productivity.