Professor Reena Marwah of the University of Delhi, and Secretary-General of the Association of Asia Scholars (Photo: VNA)

In an interview with the Vietnam News Agency’s correspondents in New Delhi, the Indian scholar said Vietnam’s projected GDP growth of around 8% in 2025 shows that its economy is on an impressive growth trajectory, driven by multiple reinforcing engines.

Vietnam’s target of double-digit growth for the 2026-2030 period is achievable but will require sustained policy consistency and deeper structural reforms, according to Professor Marwah.

She said Vietnam’s advantages lie in its deep economic integration and the country has emerged as a safe and reliable destination, with low unemployment and growing demand for skilled labour. The ongoing realignment of global supply chains continues to provide strong momentum for Vietnam. Stable FDI inflows, combined with public-private partnerships and prudent fiscal management, are helping the country maintain high growth while keeping inflation under control, she stated.

Vietnam benefits from long-term political stability, disciplined economic management, and a clear commitment to reform. The Vietnamese Government’s prestige is strengthened by strict fiscal disciplines, efforts to combat corruption, and a vision for long-term development toward becoming a high-income, developed country by 2045.

Professor Marwah said Vietnam is not only pursuing high growth targets but also building a firm foundation for sustainable development. With political stability, consistent reform, deep global integration, responsible governance, and inclusive social policy, Vietnam is not only positioned to meet its near-term growth targets but is steadily consolidating its role as a rising, reliable, and increasingly influential economy in Asia and the world, she noted.