Viet Nam targets to rank among world’s top 30 economies by 2030
VGP – Viet Nam has set the goal to become one of the world’s top 30 economies in terms of GDP size by the end of this decade.
The 16th National Assembly on Friday adopted the five-year socio-economic development plan for 2026-2030 at its first working session.
Under the plan, Viet Nam targets to become one of the world's top 30 economies in terms of GDP size by 2030, while the country's business environment is projected to rank 3rd in ASEAN and 30th globally.
Viet Nam will also strive to achieve an average annual GDP growth rate of at least 10 percent in association with maintaining macroeconomic stability, controlling inflation, ensuring major balances, and comprehensively improving people's living standards.
The Southeast Asian nation expects to raise the average GDP per capita to US$8,500 by 2030 compared to US$5,026 in 2025; the average life expectancy to 75.5 by 2030 from 74.8 in 2025.
The number of foreign arrivals is expected to reach 45-50 million by 2030./.
