From a poor country to one of the world's fastest-growing economies

From a poor country to one of the world's fastest-growing economies

50 years since the liberation of the South and national reunification (April 30, 1975 – 2025), Vietnam’s economy has undergone remarkable changes. Its gross domestic product (GDP) per capita skyrocketed from only 232 VND (equivalent to about 80 USD) in 1975 to 4,700 USD in 2024. The GDP soared from 8 billion USD in 1986 to 476.3 billion USD in 2024, or about 59.5 times higher. These indicators reflect the economic development journey that has been making great differences to the country, paving the way for it to enter a new era – the era of the nation’s rise.