HCM City, Jan 12 (VIetnam News/ANN): Vietnam has prepared the best conditions to spur its economic growth as the global economy is grappling with the severe impacts of the Covid-19 pandemic, experts have said.
At the Vietnam Economic Scenario Forum in Ho Chi Minh City on Jan 11, the experts said Vietnam has mapped out a socio-economic development strategy for 2021-2025. Vietnam aims to become a developing country with a modernity-oriented industry by 2025 and a developing nation with a modern industry and high middle income five years later.
Tran Hong Quang, Director of the Vietnam Institute for Development Strategies under the Ministry of Planning and Investment, said the country’s GDP growth rate is projected at about 7 per cent annually in the 2021-2030 period. Its GDP per capita is set at US$ 4,700-5,000 in 2025, and around US$7,500 in 2030, he added.