Vietnam has introduced a new development and growth model centered on self-reliance, modern governance, and technology-driven transformation through 2045.
Key points
- Head of the Central Policy and Strategy Department Nguyễn Thanh Nghị presented Resolution 19 at a national conference on July 29, 2026.
- The new strategy shifts from resource exploitation and low-cost labor toward national ocean strength, digital transformation, and green growth.
- Vietnam aims for double-digit growth by 2030 and targets becoming a high-income, modern industrialized nation by 2035.
Why it matters
This strategic policy shift outlines Vietnam's long-term economic restructuring to transition from a labor-intensive manufacturing model to an innovation- and knowledge-based economy.
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