One of the highlights of the 14th Party Congress is the spirit of strong innovation, breakthrough development thinking, putting people, science - technology and innovation in the center.
In the context of the world economy continuing to fluctuate complicatedly, the Resolution of the 14th Party Congress set a target of average GDP growth of over 10%/year for the period 2026-2030. Average GDP per capita by 2030 will reach about 8,500 USD; total accumulated assets of about 35-36% of GDP.
This is an ambitious and completely feasible goal, however, it requires us to deeply exploit growth potential, innovate development models and institutional reform in a substantive way.
At the regular Government meeting in January 2026, Prime Minister Pham Minh Chinh emphasized the task of maintaining macroeconomic stability, controlling inflation, ensuring major balances of the economy, and completing the double-digit growth target with the spirit of effort from the first day, first month, and first quarter.
The Prime Minister emphasized that the spirit set out is to make the highest efforts, act decisively, focus on implementing the "4 no" motto including: No waste of a day, no delay in a week, no missed opportunity in a month and no passivity in a year. "6 clear" task assignment includes: Clear people, clear tasks, clear responsibilities, clear authority, clear time, clear results.
From there, ministries, branches, localities, agencies, and businesses develop plans, lead, manage, and organize effective implementation and build a set of indicators (KPIs) for measurement, inspection, supervision, and evaluation.
Assoc. Prof. Dr. Nguyen Thuong Lang - Institute of International Trade and Economics - National Economics University - said that we still have room for high growth, even at a rate of over 10%/year in the 2026-2030 period.
In the context of the world economy facing many risks and uncertainties, to realize the goal of high growth, it is necessary to synchronously implement many groups of solutions.
First of all, Assoc. Prof. Dr. Nguyen Thuong Lang said that it is necessary to continue to promote traditional growth drivers.
Public investment needs to be mobilized and promote a strong spillover role through multi-modal infrastructure mega-projects such as highways, airports, seaports, telecommunications infrastructure, energy and services.
It is necessary to maintain attracting foreign direct investment with an average implemented capital of about 30 billion USD/year; promote domestic consumption through salary policy reform in accordance with the labor market; promote import and export.
From 2026, Vietnam needs to increase the rate of taking advantage of preferences from free trade agreements from about 31% to 40-45% by 2030, and at the same time sign new agreements, diversify markets, towards average trade growth of at least 15%/year and bring import and export turnover to exceed the 1,000 billion USD mark.
Next, it is necessary to drastically mobilize, innovate and effectively use resources from all economic sectors. Along with that, creating new growth momentum through large investments in science and technology, innovation and digital transformation is of key significance.
It is necessary to choose focused investment in basic industries, high-tech industries, supporting industries and dual-use industries to both promote growth and adjust the economic structure towards efficiency.
The goal of increasing the localization rate from 36.6% in 2025 to about 50% by 2030 will contribute to improving the ability to meet rules of origin and promoting exports. Promoting the role of international financial centers and digital asset markets will help expand capital sources at low cost for the economy.
Assoc. Prof. Dr. Nguyen Thuong Lang also said that strongly developing the business force is an indispensable requirement.
The goal of increasing about 2 million new businesses, forming 20 private economic groups capable of deeply participating in the global value chain and 1-3 state-owned economic groups to enter the group of 500 largest enterprises in the world is the foundation for creating large-scale added value for the economy" - Assoc. Prof. Dr. Nguyen Thuong Lang said.
