Vietnam as a Role Model for Sustainable Economic Growth
After the Vietnam War ended in 1975, the country faced significant economic and infrastructural challenges. Over the past few decades, Vietnam has gradually turned into one of Asia’s fastest-growing developing economies. According to IMF data released in April 2026, Vietnam’s nominal GDP is about USD 527.27 billion, with a per capita income of around USD 5,120. Despite the global economic disruptions caused by the COVID-19 pandemic from 2020 to 2022, Vietnam kept relative economic stability. In 2022, the country achieved a strong GDP growth rate of 8.02%. The IMF predicts Vietnam’s 2026 economic growth will be about 7.1%, reflecting ongoing industrial and export growth. Vietnam’s foreign trade has also seen impressive progress. In 2025, the country’s total trade volume hit around USD 930.05 billion. Exports rose to a record USD 475.04 billion, a 17% increase compared to 2024. Imports reached USD 455.01 billion, allowing Vietnam to maintain a trade surplus of about USD 20.03 billi...