NA approves Vision 2050 setting sights on Vietnam to become powerful, high-income nation
(VOVWORLD) -The National Assembly on Wednesday approved a vision for Vietnam to become a powerful, prosperous, and happy nation by 2050 with high income, a complete, coordinated, and modern socialist-oriented market economy.
The National Assembly passes a Resolution adjusting the National Master Plan for the period 2021-2030, with a vision to 2050. Photo: National Assembly Media
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The vision content is stated in the Resolution amending and supplementing several articles of Resolution 81 of the National Assembly on the National Master Plan for the period 2021-2030, with a vision to 2050.
National Assembly deputies meet on December 10, 2025. Photo: National Assembly Media
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The resolution also defines that by 2050, the Vietnamese economy will operate according to the principles of a digital, green, and circular economy, while science and technology and innovation will be the main drivers of growth.
By then, Vietnam will be among the top industrialized countries in Asia; a regional and global financial center; one of the leading countries in the world in developing high-value ecological agriculture; and hold a solid position and important role in regional and global value chains. In addition, the people will enjoy high-quality social services; a sustainable social security system; and diverse and professional social assistance services that promptly support and protect vulnerable groups.
According to the just-adopted Resolution, Vietnam aims for an average GDP growth rate of 7.0-7.5% per year during the period 2031-2050. By 2050, GDP per capita at current prices is expected to reach approximately 38,000 USD; the urbanization rate will be 70-75%; and the Human Development Index (HDI) will exceed 0.85.