Báo VietnamNet (2024)

This is part of the government’s national master plan for 2021–2030, with a vision towards 2050, submitted to the National Assembly on its second extraordinary session held in Hanoi on January 5..

Under the plan, the country's annual GDP growth is expected to be maintained at 7% during the 2021–2030 period and 6.5–7.5% in the 2031–2050 period.

By 2030, Vietnam’s average GDP per capita should reach USD7,500. The southeastern region should see the highest GDP per capita at USD14,500, and it should be followed by the Red Delta region at USD10,500.

The country’s average GDP per capita should climb to USD27,000–32,000 by 2050.

In 2022, the country’s GDP per capita was estimated at USD4,100, which is up around USD400 compared to 2021.

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According to the master plan, Hanoi-Haiphong and Quang Ninh will comprise the northern locomotive zone, meanwhile, Thua Thien-Hue, Danang-Quang Nam-Quang Ngai, and HCM City-Binh Duong-Dong Nai-Ba Ria-Vung Tau will comprise the central and southern locomotive zones, respectively.

Vietnam will also focus on developing the Lao Cai-Hanoi-Haiphong-Quang Ninh and Moc Bai-HCM City-Vung Tau economic corridors by 2050.

The country will prioritise key infrastructure projects, such as the North-South express railway, to connect large economic centres.

Source: Dtinews

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Now, let's delve into the concepts used in the provided article:

1. National Master Plan (2021–2030, with a vision towards 2050):

   • A comprehensive strategy devised by a government to guide the country's economic, social, and infrastructural development over a specified period. In this case, Vietnam's plan spans from 2021 to 2030, with a vision extending to 2050.

2. GDP Growth Targets:

   • The article outlines the government's ambitious targets for annual GDP growth. The plan aims to maintain a growth rate of 7% during the 2021–2030 period and 6.5–7.5% in the subsequent 2031–2050 period.

3. GDP Per Capita Goals:

   • The master plan sets specific targets for GDP per capita. By 2030, Vietnam aims to achieve an average GDP per capita of USD7,500. Regional variations are also highlighted, with the southeastern region targeted to reach USD14,500 and the Red Delta region at USD10,500. The long-term goal is to raise the country's average GDP per capita to USD27,000–32,000 by 2050.

4. Current GDP Per Capita (2022):

   • The article provides the estimated GDP per capita for the year 2022, which is USD4,100. This figure reflects a USD400 increase compared to the previous year (2021).

5. Regional Development Focus:

   • The master plan identifies key regions as locomotive zones, emphasizing their role in driving economic growth. The northern locomotive zone includes Hanoi-Haiphong and Quang Ninh, while the central and southern locomotive zones comprise Thua Thien-Hue, Danang-Quang Nam-Quang Ngai, and HCM City-Binh Duong-Dong Nai-Ba Ria-Vung Tau.

6. Economic Corridors Development:

   • Vietnam plans to develop economic corridors, such as the Lao Cai-Hanoi-Haiphong-Quang Ninh and Moc Bai-HCM City-Vung Tau, by 2050. These corridors aim to facilitate efficient transportation and connectivity between key economic centers.

7. Infrastructure Projects:

   • The article mentions the prioritization of key infrastructure projects, including the North-South express railway. This infrastructure development is crucial for connecting large economic centers and supporting overall economic growth.

In summary, the government's national master plan for 2021–2030, with a vision towards 2050, outlines ambitious targets for GDP growth, per capita income, and regional development, supported by a strategic focus on key infrastructure projects and economic corridors.