To achieve double-digit GDP growth, they must truly become engines that lead and generate spillover effects across the economy. Photo: Nguyen HueDuring the 2010-2015 period, state sector investment capital grew at an average rate of around 6.34 percent per year. The share of state sector investment in the overall economy also dropped significantly, from 44 percent in 2010 to just 27.6 percent in 2024. Specifically, in 2023, the ICOR of the state sector stood at 6.19, compared to 4.9 in the private sector and 4.67 in the FDI sector. This indicates that to generate one unit of growth, the state sector must deploy more capital, implying lower investment efficiency.

Source: VietNamNet News February 24, 2026 08:08 UTC