Striving for an average GDP of US$8,500 per person by 2030.

(Dan Tri Newspaper) - The Ministry of Finance aims for an average annual growth rate of 10% or more in the gross domestic product (GDP) during the period 2026-2030. By 2030, there will be 2 million businesses operating in the economy.

On August 21st, the Congress of Delegates of the Party Committee of the Ministry of Finance for the 2025-2030 term was inaugurated. Deputy Prime Minister Nguyen Chi Dung attended and directed the Congress. This is a significant Congress for the Party Committee of the Ministry of Finance after the consolidation and merger of agencies in accordance with the Party and State's policy, and also marks the 80th anniversary of the establishment of the sector.

In his opening remarks, Minister of Finance Nguyen Van Thang stated that during the past term, the Party Committee had achieved significant results in many areas of work.

Deputy Prime Minister Nguyen Chi Dung delivers a speech (Photo: Organizing Committee).

Key indicators for the performance of political tasks.

Regarding the economic development targets set for the coming period, the Ministry of Finance stated that it aims for an average annual growth rate of gross domestic product (GDP) of 10% or more during the 2026-2030 period. GDP per capita is targeted to reach US$8,500 by 2030. The average annual growth rate of social labor productivity is projected at approximately 8.5%. Total asset accumulation is expected to be around 35-36% of GDP; and the proportion of final consumption is projected at around 62-63% of GDP.

Regarding macroeconomic stability and inflation, the average state budget deficit for the period 2026-2030 is approximately 5% of GDP. The average public debt-to-GDP ratio is over 45%. Average inflation for the period 2026-2030 is approximately 4-4.5% per year.

Regarding the mobilization and allocation of financial resources, the total social investment capital averages about 40% of GDP over 5 years, of which public investment accounts for 20-22% of the total social investment capital.

By 2030, the stock market capitalization will reach 120% of GDP. The outstanding debt in the bond market will reach at least 58% of GDP (of which corporate bond debt will reach at least 25% of GDP). The derivatives market will grow at an average rate of approximately 25%-30% per year during the period 2026-2030.

Regarding business environment reform, enhancing national competitiveness, and developing enterprises, the Ministry of Finance aims to have 2 million operating enterprises in the economy by 2030, with 20 operating enterprises per 1000 people. At least 20 large enterprises will participate in global value chains. The average growth rate of the private sector will reach approximately 10-12% per year, higher than the growth rate of the national economy.

In addition, there are at least 25 state-owned enterprises with equity or market capitalization exceeding $1 billion. Of these, at least 10 enterprises have reached a level exceeding $5 billion; and at least 30 state-owned enterprises have net revenue exceeding $1 billion.

Regarding social insurance, by 2030, the Ministry of Finance aims for 60% of the working-age workforce to participate in social insurance; 60% of those after retirement age to receive monthly pensions, social insurance benefits, and social retirement allowances; over 97% of the population to participate in health insurance; and 85% of people in urban areas to receive social insurance benefits and unemployment benefits through cashless payment methods.

The Minister of Finance speaks at the Congress (Photo: Organizing Committee).

6 strategic breakthroughs for the 2025-2030 term

The Ministry of Finance has set out six strategic breakthroughs for the 2025-2030 term.

Firstly, there needs to be a strong breakthrough in institutions, financial policies, decentralization, delegation of power, unlocking and unleashing resources, and creating momentum for development.

Secondly, it is necessary to improve the efficiency of mobilizing and allocating financial resources and the effectiveness of public investment.

Thirdly, developing the private sector is the most important driving force for national economic development.

Fourthly, there is a breakthrough in the development of science and technology, innovation, and digital transformation.

Fifth, it is necessary to improve the effectiveness of strategy development, planning, and statistical work to serve rapid and sustainable development.

Sixth, focus on developing high-quality, highly skilled human resources; attracting and utilizing talent.

Source: https://dantri.com.vn/kinh-doanh/phan-dau-gdp-binh-quan-dat-8500-usdnguoi-vao-nam-2030-20250821123109773.htm