Last week on our website and social channels, CEEC published Infographic No.10 with details about Vietnam’s economic performance in the five-year period 2016 – 2020.
Following that, CEEC releases another infographic in August, which describes the economic targets of Vietnam in 2021 – 2025. 
When it comes to the economic targets, the key points that should be taken into consideration are average GDP growth, annual income per capita, budget overspending, and annual productivity.
As reported, the average GDP growth of the 2016 – 2020 period was 6.8%. For the following five-year period, the GDP growth target is 6.5 – 6.7%. Due to the spread of Covid-19 from early 2020 until now, it will take time for Vietnam to slowly recover.
However, the target for annual income per capita seems very impressive. Specifically, it is almost doubled from the previous period (2016 – 2020). $4,700 – 5,000 is the targeted number for the upcoming period, even though the annual income per capita of the previous years was around $2,770 only.
A slight increase in targeted budget overspending and annual productivity are also indicated in the infographic. Budget overspending in the next five-year period is expected to be 3.7%/GDP, which is a little higher than the previous years. Meanwhile, annual productivity is targeted to reach 6.5%, almost 1% higher than the number achieved in 2016 – 2020.