Vietnam’s 2023 per capita GDP hits US$4,284

HCMC – Vietnam’s per capita GDP in 2023 reached US$4,284, US$174 higher than in 2022 but still well below the 2025 target range of US$4,700-5,000, according to the Ministry of Planning and Investment. Minister of Planning and Investment Nguyen Chi Dung outlined strategic shifts in public investment during the conference. Although Vietnam’s economy expanded by 5.05% in 2023, it missed the National Assembly’s targets. He noted that the per capita GDP for 2023 remains distant from the 2025 goal of US$4,700-5,000, posing a significant challenge to achieving the 5-year growth target. Dung also outlined the 2024 strategy, emphasizing the acceleration of public investment disbursement, aiming to attract foreign capital into various sectors.