The Vietnamese government has set a goal to bring GDP per capita to $7,500 by 2030, up 75% from 2023.
GDP per capita rose 1.6% to $4,284.5 last year, according to the General Statistics Office.
S&P Global Ratings expects Vietnam’s GDP per capita to reach $4,500 this year.
The government also targets a GDP growth of 7% annually by 2030 and to make Vietnam one of three leading countries in Southeast Asia in industrial competitiveness.
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