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new growth model

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Top leader calls for new growth model to transform Dong Nai beyond traditional industrial hub

Top leader calls for new growth model to transform Dong Nai beyond traditional industrial hub

Emphasising that people must remain at the centre of all development policies, the General Secretary and President called on Dong Nai to build a modern, civilised, compassionate and liveable city where economic growth goes hand in hand with social progress, welfare, environmental protection and cultural preservation.

Politics-Diplomacy

Trio of core drivers of new growth model highlighted at 14th National Party Congress

Member of the Party Central Committee and Minister of Science and Technology Nguyen Manh Hung emphasised that in moving from middle-income to high-income status, Vietnam must rely on science and technology, innovation, and digital transformation. These three drivers have been expanded and redefined by the Party under a new approach, creating broader development space and unlocking new resources for growth. With this trio, Vietnam has the potential to achieve double-digit growth.
New growth model helps position Vietnam on global technology map: expert

Heng LiHong, who is also a member of the Standing Board of the Business Association of Overseas Vietnamese (BAOOV), expressed his confidence that this new growth model will help Vietnam move beyond a development path reliant on low-cost labour and resource extraction, enabling the country to gradually climb to higher levels in the global value chain.