Beyond the middle-income trap - News Summed Up

Beyond the middle-income trap


The Government has set a target for GDP per capita to reach around US$8,500 by 2030. FeasibleVietnam has five years to raise GDP per capita from US$4,740 in 2025 to US$8,500 by 2030. Photo: Nam KhanhCalculations based on data from the International Monetary Fund (IMF) show that in 2025, Vietnam’s GDP per capita stands at US$4,740, ranking sixth in Southeast Asia. The IMF also estimates that by 2030, Vietnam’s GDP per capita will reach US$6,320. “Thanks to such policies, Singapore was the first country in Asia to escape the middle-income trap,” Luoc said, affirming that Vietnam’s economy could also achieve breakthrough growth.


Source: VietNamNet News February 22, 2026 09:01 UTC



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