Country steadfast in high growth intention

Vietnam remains steadfast to its set economic growth goal this year and beyond amid growing global uncertainties undermining its performance, which is now rated bullish by high-profile international organisations. Thanh Dat reports.

- Thanh Dat

Party General Secretary and State President To Lam last week stated that many people have asked him if Vietnam will revise its growth target amid global existing uncertainties.

“Our answer is clear: we will not adjust this target downwards. We remain firmly committed not only to the growth target for 2026, but also to maintaining that growth trajectory in the years ahead, as this is the only way to achieve the development milestones the country has established,” he said.

Vietnam has set a growth goal of 10 per cent or more this year, with per capita GDP of $5,400-5,500.

To realise development goals and vision to 2030 and 2045, and to move beyond the middle-income trap, the GDP growth in Vietnam for the 2026-2030 period has also been set to be 10 per cent or more annually. GDP per capita is targeted to reach $8,500 by 2030, which is 1.7 times higher than in 2025.

Party General Secretary and State President Lam explained that Vietnam’s aspiration for development is the shared aspiration of the entire nation.

“We have set a clear objective: by 2045, Vietnam will become a developed, high-income country. This goal was established many years ago and has been consistently reaffirmed. Our generation bears the responsibility of carrying forward the country’s development journey and steadfastly pursuing this direction,” he stated.