In an interview granted to the Vietnam News Agency correspondents in Beijing, Professor Qu Qiang of Minzu University of China said that considering both international and domestic backdrops, Vietnam has emerged as a country with an increasingly prominent position in Southeast Asia. With a population of around 100 million, a youthful demographic structure, rapid urbanization, and a stable socio-political environment, it enjoys favorable conditions for medium- and long-term development.
    |
 |
|
Professor Qu Qiang of Minzu University of China says Vietnam's goal of around 10% growth as ambitious yet grounded. |
He noted that during the period from the 12th to the 13th National Party Congress, Vietnam stood out as one of the region’s most dynamically growing economies, with deepened international integration and steadily improved national competitiveness.
However, the current development context differs markedly from the past. The global economy is facing complex fluctuations, supply chains are disrupted, strategic competition among major powers is intensifying, and regional conflicts and geopolitical instability remain unpredictable. In this context, Qu emphasized that Vietnam, an important emerging economy and a key link in ASEAN’s supply chains, needs to make appropriate strategic choices to sustain growth momentum and enhance development quality.
A central issue he highlighted is the need to transform the growth model. To move beyond reliance on scale expansion and low-cost labor, and to avoid the “middle-income trap,” Vietnam must raise the technological content and value-added of its economy, he opined.
The professor also pointed to Vietnam’s strong development fundamentals. Internet penetration has reached about 80% of the population, creating a critical “take-off point” for the digital and platform economies. Drawing on China’s experience, he noted that once Internet usage surpasses 70%, the Internet economy typically enters a phase of rapid growth. Vietnam, he observed, is currently at this pivotal juncture.
In addition, Vietnam’s higher education system is expanding fast, helping to form a young workforce capable of engaging with advanced technologies. Educational reforms are increasingly geared toward training talent for future-oriented sectors such as semiconductors, artificial intelligence (AI), green energy, and the digital economy. Notably, Vietnam has introduced innovative training models, including two-year master’s programs linked to enterprise internships, alongside policies to attract talent, particularly overseas Vietnamese professionals, through a long-term visa mechanism.
These measures, he said, reflect long-term vision and careful preparation for the next development phase.
From a regional perspective, the professor noted that a large East Asian common market is gradually taking shape in reality. Historically, advanced economies have been closely associated with expansive regional markets, such as the North American Free Trade Agreement (NAFTA) or the E.U. market. Today, the integrated economic space encompassing China, ASEAN, Vietnam, Japan, and the Republic of Korea is already operational and increasingly effective. Against the backdrop of the “China +1” strategy, Vietnam is well positioned to capitalize on global investment shifts and supply chain restructuring, assessed Qu.
Besides, he went on, the enhancement of bilateral cooperation, along with ties within the frameworks of ASEAN and East Asia, will help regional economies strengthen resilience to external shocks.
Regarding the high growth targets discussed ahead of the 14th Congress, Qu described the goal of around 10% growth as ambitious yet grounded. Vietnam’s GDP growth of approximately 7.5% in the first three quarters was an encouraging result amid global volatility. More importantly, he stressed, are the structural policy shifts, particularly the decision to raise spending on science, technology, and innovation from about 0.5% of GDP to 1.5% and enshrine it in law.
He also called Vietnam's promotion of apparatus streamlining, administrative reform, and organizational restructuring as a strategic step, helping cut expenses, improve governance capacity, and create more room for development in the next phase.
Qu concluded by expressing confidence that the 14th National Party Congress will be a landmark event, shaping Vietnam’s development strategy for years to come, with positive spillover effects not only domestically but also across the region and beyond in an increasingly complex global landscape.
Source: VNA