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Vietnam striving to become developed, high-income country by 2050

Vietnam targets becoming a developed, high-income country with an equal, democratic, and civilised society by 2050 under the national master plan for 2021-2030 with a vision to 2050.

The country will strive for annual GDP growth of 6.5-7.5% between 2031 and 2050, along with per capita GDP of 27,000-32,000 USD and an urbanisation rate of 70-75% by 2050.

Source: Lao News Agency