Email this article Enhancing the quality of economic growth in Vietnam
- Authors: Nguyen N.S.1
-
Affiliations:
- National Economics University
- Issue: Vol 5, No 1 (2021)
- Pages: 52-78
- Section: Articles
- URL: https://journals.rcsi.science/2618-9453/article/view/87080
- DOI: https://doi.org/10.24411/2618-9453-2021-10003
- ID: 87080
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Abstract
After more than 35 years since the Economic Reform in 1986, Vietnam has been one of the countries experiencing high economic growth rate in the region and in the world. However, Vietnam’s economic growth is still largely dependent on resource-intensive factors, by which the growth quality has not been taken into consideration seriously. Vietnam has entered a new era of development from 2021 to 2030 as a lower- middle income country and faced challenges of strategies implementation for catching-up as well as overcoming the middle-income trap. The paper applied the best method using data from General Statistics Office (GSO) revealed that Vietnam’s economic growth during the renovation period was quite high but the quality of growth was still low. The author assumes that in desire to avoid the middle-income trap Vietnam needs to improve the quality of growth.
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##article.viewOnOriginalSite##About the authors
Ngoc Son Nguyen
National Economics University
Email: sonnn@neu.edu.vn
Ph.D. (Economics), Associate Professor, Dean of the Faculty of Planning and Development, ORCID: 0000-0002-9904-8017 Vietnam
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