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labour productivity
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Resolution 19 marks strategic shift in Vietnam’s development thinking
After 40 years of Doi Moi (Renewal), the economy has begun to show signs of shifting from a growth model heavily reliant on expanding capital and labour towards one driven by innovation, science and technology and digital transformation, with greater emphasis on improving labour productivity.
Politics-Diplomacy
NA adopts 2026 socio-economic development plan, targets growth of at least 10%
The 15th National Assembly (NA) on November 13 approved a Resolution on Vietnam’s socio-economic development plan for 2026, setting 15 major targets, including a gross domestic product (GDP) growth rate of 10% or higher.
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