The Government of Vietnam has reaffirmed its ambition to achieve double-digit economic growth between 2026 and 2030, supported by a comprehensive strategy centred on institutional reform, innovation, and large-scale infrastructure development.
The roadmap, outlined under a new policy directive signed by To Lam, aims to transition the country toward a productivity-driven growth model. Vietnam is targeting average annual GDP growth of 10 per cent or more, alongside goals to become an upper-middle-income economy and rank among the world’s top 30 economies by 2030.
A key pillar of the strategy is institutional reform, with plans to streamline administrative procedures, improve regulatory transparency, and decentralise governance. Authorities also aim to enhance the business environment and attract higher-quality foreign investment focused on technology transfer and innovation.
Infrastructure development will play a central role, with priorities including expanding expressways to over 5,000 km, advancing the North–South high-speed railway, and investing in urban transit systems, ports, and airports. Parallel investments in energy systems and digital infrastructure such as data centres and telecommunications networks, are also planned to support long-term growth.
The strategy further emphasises digital transformation, innovation ecosystems, and emerging technologies such as artificial intelligence and advanced manufacturing. At the same time, Vietnam aims to strengthen domestic enterprises, support SMEs, and deepen integration into global supply chains through high-value exports. While the country has maintained strong growth momentum in recent years, officials acknowledge ongoing challenges, including structural inefficiencies, regulatory bottlenecks, and the need for improved productivity. The new roadmap seeks to address these constraints while ensuring macroeconomic stability and sustainable development.