The National Assembly’s resolution on the socio-economic development plan for 2024 sets a target of 6.0-6.5% growth in gross domestic product (GDP) for the year, while per capita income is expected to reach 4,700-4,730 USD.

Vietnam’s digital economy has played an important role in the country’s socio-economic development in recent times, and accounted for nearly 15% of GDP in the first half of this year, according to the Ministry of Information and Communications.

The Government has recently issued Resolution No. 01/NQ-CP on key missions and solutions to developing the socio-economy, improving the business climate, and enhancing national competitive capacity in 2023.

The 15th National Assembly’s 4th session approved a Resolution on the socio-economic development plan in 2023, with GDP targeted at 6.5% and per capita GDP at 4,400 USD.

The Government has recently issued Resolution No. 01/NQ-CP on key missions and solutions to developing the socio-economy, improving the business climate, and enhancing national competitive capacity in 2023.

Main tasks, solutions for socio-economic development in 2020

During 10 years implementing socio-economic development strategy for 2011-2020, Vietnam has recorded encouraging achievements.

The collective economy and cooperative contribute directly 4.8 percent to the national Gross Domestic Product (GDP).

Vietnam records trade surplus of approximately 17 billion USD in the first 9 months of 2020.

The capital city's economics continues witnessing stable development with GRDP up 7.21%, higher than that of the same period last year.