Vietnam's Economy After Five Years of Implementing the Resolution of the 13th National Congress Resolution: Target Framework, Outcomes, And Strategic Orientations Toward A New Era of The Nation’s Rise
Abstract
The 2021–2025 period has been a challenging yet highly impressive period for Vietnam’s economy. Amid complex global fluctuations—including the COVID-19 pandemic, geopolitical conflicts, and supply chain disruptions—Vietnam has maintained macroeconomic stability and promoted sustainable growth. This research report provides an in-depth analysis of results over the past five years, focusing on the implementation of 23 key socio-economic indicators and three strategic breakthroughs in institutions, infrastructure, and human resources. Data indicate a robust recovery in GDP growth; furthermore, administrative reform efforts have eliminated over 3,200 business regulations, resulting in annual savings of approximately 49 trillion VND. Vietnam also set a new record in import-export turnover, estimated at 920 billion USD, while attracting the highest realized Foreign Direct Investment (FDI) in five years. However, the report identifies bottlenecks in labor productivity and public investment disbursement that require resolution. Overall, the past five years provide a solid foundation for the nation to reach its goal of becoming a high-income developed country by 2045
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References
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