“The mindset aimed at establishing a new growth model has been reflected in the Politburo’s resolutions on science and technology, innovation, the private sector, the state sector, culture, healthcare, and education. We can clearly see the determination to transform innovative thinking and strategic vision into practical action,” said Dr. Le Duy Binh, director of Economica Vietnam, in an interview with The Saigon Times. Economic development targets as both motivation and pressure The Saigon Times: The Resolution of the 14th National Party Congress has been adopted, setting out development goals and targets for the 2026–2030 period, such as average annual GDP growth of 10% per year or higher; GDP per capita of around US$8,500 by 2030; and labor productivity growth of about 8.5% per year. How do you assess these targets? – Dr. Le Duy Binh: The goals and targets, together with the 12 development orientations for the 2026–2030 period, serve as both motivation and pressure for all economic actors to translate strategic vision, ideas, and the strong spirit of reform seen in recent years into concrete actions. These actions must first come from agencies responsible for institutional reform, with the aim of removing the most critical bottlenecks, improving the quality […]
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