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GDP target

Stronger innovation ecosystem needed to achieve double-digit growth

Stronger innovation ecosystem needed to achieve double-digit growth

Experts agreed that science, technology, innovation and digital transformation should form the foundation of Việt Nam’s next growth model.
Effective reform execution needed for high-income country target

Effective reform execution needed for high-income country target

Mariam J. Sherman, World Bank’s Division Director for Việt Nam, Cambodia and Lao PDR and Nguyễn Xuân Thành, a lecturer at the Fulbright School of Public Policy and Management discuss how Việt Nam can seize opportunities amid the global crisis...
Fitch Ratings gives positive assessment of Việt Nams economic fundamentals

Fitch Ratings gives positive assessment of Việt Nam’s economic fundamentals

Fitch Ratings has praised Việt Nam’s macroeconomic resilience and policy management, saying continued reforms and stable growth will support the country’s sovereign credit outlook.
Development map redrawn to drive double-digit growth

Development map redrawn to drive double-digit growth

Việt Nam’s revised national master plan aims to new growth hubs, strengthen regional connectivity and accelerate technology-driven development as the country targets annual economic growth of at least 10 per cent in the coming years.
Peoples high savings rate considered important potential capital source for growth

People's high savings rate considered important potential capital source for growth

As savings rate of Vietnamese people is very high at up to 37 per cent of GDP, experts said it is a potential available capital resource that should be exploited to promote economic growth.
Government sets 10 per cent growth target for provinces

Government sets 10 per cent growth target for provinces

The Government framed the target as both necessary and achievable despite acknowledging significant headwinds.
Việt Nams Đổi Mới 2.0 reforms will drive growth, though below official target: BMI

Việt Nam's 'Đổi Mới 2.0' reforms will drive growth, though below official target: BMI

Việt Nam''s ''Đổi Mới 2.0'' reforms will boost GDP growth to 7.2 per cent annually through 2031, but ambitious productivity targets and trade vulnerabilities pose challenges to the Government''s 10 per cent goal, according to BMI.
Top leader calls 2026 pivotal year, warns double-digit growth will be challenging

Top leader calls 2026 pivotal year, warns double-digit growth will be challenging

Top leader says 2026 will mark the start of a new development phase under Việt Nam''s latest five-year plan, though acknowledges that sustaining double-digit economic growth will be challenging as traditional drivers lose momentum.
The 2024 GDP target will be a challenge and needs accelerated efforts to transition into a green economy, say researchers

The 2024 GDP target will be a challenge and needs accelerated efforts to transition into a green economy, say researchers

Việt Nam’s 2024 economic growth target of 6.5 per cent is challenging, with weak consumption demand and exchange rate risks, so signals a pressing need for hastening energy transition towards a green economy