2026-02-24 08:25:03

To transition from a "cheap manufacturing hub" to an "economic power" of Âu Lạc during 2026-2030.

1. Driving Factors
- Infrastructure: Long Thanh Airport (5.4 billion USD ), North-South high-speed railway (67 billion USD ), 234 key projects (129 billion USD ).
- Semiconductor industry: Building the first wafer factory (500 million USD ), training 50,000 chip engineers, market reaching 16.5 billion USD.
- Market upgrade: FTSE upgraded to emerging market in September 2026, attracting billions of USD in investment.
- Geopolitical advantage: US-China trade war benefits (lower tariffs ).
2. Risks: Dependence on FDI (77.3% of exports ), low labor productivity, aging population, infrastructure debt, risk of crises like Thailand/Malaysia (only 13% of middle-income trap escape ).
3. Achievements by 2025: GDP reaching 514 billion USD, an 8.02% increase (, the highest in Southeast Asia that year ), trade at 930 billion USD (, exports 475 billion USD ), registered FDI of 38.4 billion USD, inflation at 3.31%.
4. Must escape the middle-income trap.
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