Improving Governance for Economic Growth

Speeches Shim

Vietnam has made remarkable progress in its development journey over the past 30 years. With key economic reforms initiated in 1986 to move toward limited market orientation, Vietnam transformed from one of the world’s poorest nations to a lower-middle-income country. The Government of Vietnam’s (GVN) ultimate goal is to grow from lower-middle-income status to upper-middle-income status by 2035. To maintain the exceptional growth trend, while avoiding the middle-income trap, Vietnam must address key challenges including economic policy and governance, infrastructure, productivity and efficiency, private sector competitiveness, and workforce capacity.

Issuing Country 
Date 
Monday, December 27, 2021 - 2:45am

Last updated: December 27, 2021