Hanoi, March 2 -- As Vietnam strives to become a developing country with modern industry and upper-middle income by 2030 and a high-income, developed nation by 2045, Resolution No. 68-NQ/TW dated May 4, 2025 of the Politburo on private sector development is expected to provide fresh momentum for growth model renewal.

Experts said achieving these goals requires not only rapid expansion but also deeper institutional reform, improved human resources and innovation in development governance.

High growth targets

Dr. Ly Dai Hung from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences (VASS) noted that the 2030 target is measured by gross national income (GNI) per capita in current US dollars.

According t...