Breakthrough Strategies for Vietnam’s Economic Development during the 2026-2030 Period

The Resolution of the 14th National Congress of the Party has set the goal of breakthrough development with an average GDP growth rate of 10% or more per year, GDP per capita reaching approximately 8500 USD by 2030, the digital economy accounting for about 30% of GDP, the manufacturing industry accounting for about 28% of GDP, and contributing over 55% to total factor productivity. To achieve this, the Resolution emphasizes three strategic breakthroughs: (1) Breakthrough in institutions, perfecting the socialist-oriented market economy institutions, removing bottlenecks, creating a transparent investment environment, and unlocking resources; (2) Breakthrough in high-quality human resources, reforming education and training, attracting talent and developing science and technology, innovation, and digital transformation as the main driving force; (3) Breakthrough in synchronous and modern infrastructure. Key priorities include innovating the growth model, restructuring the economy, developing the private and state-owned sectors as driving forces, promoting a green and circular economy, deep international integration, and ensuring macroeconomic stability. The decisive implementation of these solutions will lay the foundation for Vietnam to become a developing country with a modern industrial base and a high-middle-income status by 2030, aiming for high-income status by 2045.