By 2050, the average GDP per capita of Vietnam will reach 27,000 to 32,000 USD

By 2050, the average GDP per capita of Vietnam will reach 27,000 to 32,000 USD
Vo Ngoc Nhi

National Assembly Session XV passed Resolution 81/2023/QH15 on January 09, 2023, regarding the Vietnam National Master Planning for the period 2021 - 2030, with a vision to 2050.

The XV National Assembly of Vietnam passed Resolution 81/2023/QH15 on January 09, 2023, regarding the Vietnam National Master Plan for 2021 - 2030 with vision for 2050, with a vision to 2050.

The vision to 2050 according to the Vietnam National Master Plan is stipulated as follows:

- In the period of 2031 - 2050, strive for an average annual GDP growth rate of approximately 6.5 - 7.5%.

By 2050, the per capita GDP at current prices will reach approximately USD 27,000 - 32,000, the urbanization rate will reach 70 - 75%, the Human Development Index (HDI) will reach 0.8 or higher, the people's lives will be happy, and national defense and security will be firmly ensured.

Additionally, the Resolution also aims for the following objectives by 2050:

– The urban system will be linked into a unified and synchronous network, capable of resisting and adapting to climate change, with characteristic and rich architecture, green, civilized, modern, and smart.

Construct at least 5 internationally comparable cities, serving as hubs connecting and developing with regional and international urban networks.

- Modern rural areas with living conditions approaching those of urban areas, a green, clean, and beautiful living environment rich in national cultural identity.

- A high-quality environment, a society harmonious with nature, efficiently developed towards low-carbon;

Strive to achieve the national net zero emissions target as quickly as possible by 2050.

Forecasting and warning capacity for natural disasters, monitoring climate change, and managing natural disaster risks equivalent to developed countries...

More details can be found in Resolution 81/2023/QH15 on January 09, 2023.

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