Moving closer to the goal of becoming a developed, high-income country
The Resolution of the 13th National Party Congress sets specific goals for 2025, 2030 and 2045. Accordingly, the specific goal for 2025 is that Vietnam will be a developing country with modern industry, surpassing the low middle income level. By 2030, it will be a developing country with modern industry and high middle income. By 2045, it will become a developed country with high income.
According to Associate Professor Dr. Nguyen Thuong Lang - National Economics University, the vision and orientation for Vietnam's economic development until 2045 is not only strategic but also requires the synchronous implementation of the whole country. Only when the whole country acts together can we realize the dream of a strong economy, contributing to raising Vietnam's position on the world map.
“Vietnam aims to build a sustainable economy based on innovation and digital transformation. By 2045, our country aims to achieve a stable and high GDP growth rate, with improved quality and added value. The development model will shift from growth based on resources and cheap labor to growth based on technology, artificial intelligence and creative industries.
In the vision to 2045, Vietnam needs to develop a synchronous and modern transportation, energy and information technology system, creating favorable conditions for domestic and international trade and connectivity.
In particular, it is necessary to promote research and development (R&D), encourage entrepreneurship and innovation in all economic sectors. Vietnam will build a strong startup ecosystem, support small and medium enterprises to develop, and enhance competitiveness in the context of international integration.
To realize the aspiration of a strong economy, Vietnam needs to focus on education and training, improving the quality of human resources. Development orientation needs to focus on vocational skills training, strengthening cooperation between educational institutions and businesses to ensure human resources suitable for the labor market.
Vietnam needs to expand its export markets, increase the value of exported goods, and promote Vietnamese branded products. In particular, our country needs to attract foreign direct investment in high-tech and sustainable fields, creating momentum for economic development" - Associate Professor, Dr. Nguyen Thuong Lang shared.
Looking for drivers of economic growth
The Prime Minister issued Official Dispatch No. 140/CD-TTg requesting to strive to achieve a minimum growth rate of 8% by 2025. Under favorable implementation conditions, strive for double-digit growth.
According to Associate Professor, Dr. Nguyen Thuong Lang, the growth target set by the Government is completely reasonable. 2025 can be said to be the year that closes the 2021-2025 period with the results achieved certainly exceeding expectations to move to the next stage of development, towards becoming an upper middle-income country by 2030 and becoming a developed, high-income country by 2045 as affirmed in the 13th Party Congress Document.
To maintain the growth rate as in the previous period, it is necessary to focus on renewing traditional growth drivers. For example, promoting public investment and encouraging the development of private investment. Promoting import and export to reach a total import and export turnover of about 880 - 900 billion USD, exploiting the positive impact of free trade agreements and seeking new markets.
Breakthrough solutions that need to be applied are to take socio-economic stability as the foundation, promote the far-reaching impact of new growth drivers such as digital transformation, green transformation, energy transformation towards increasing the proportion of green energy, clean energy, renewable energy, and widely develop circular economic models and sharing economy.
