Under the master plan, Viet Nam targets to become a developing nation with modern industry, high average income, and economic growth based on science, technology, innovation and digital transformation by 2030.

By 2050, Viet Nam is expected to be a developed nation with high income and a fair, democratic, and civilised society. The country will strive to achieve net-zero emissions, and the average economic growth during 2031-2050 will reach about 6.5-7.5 percent annually.

The National Master Plan for 2021-2030 with a vision to 2050 was officially made public in Ha Noi. Photo: VGP

There will be northern and southern locomotive zones, with Ha Noi and Ho Chi Minh City as the growth poles, along with the North-South, Lao Cai-Ha Noi-Hai Phong-Quang Ninh, and Moc Bai-HCM City-Vung Tau economic corridors. The urbanisation rate will exceed 50 percent.

Addressing the announcement cerenony, Prime Minister Chinh said after the master plan was adopted by the National Assembly, the Government instructed the Ministry of Planning and Investment (MPI) to work with relevant ministries, agencies, and localities to build the Government's action program for the implementation of the resolution and the plan of action for the national master plan to submit to the Government for issuance.

He urged ministries and agencies to adopt concerted and effective measures to launch the national master plan, with priority to allocating capital for projects and programs of national significance.

The Prime Minister asked ministers, heads of ministry-level and Government agencies, chairpersons of the People's Committees of centrally-run cities and provinces to effectively perform tasks and fulfill goals outlined in the master plan.

On the occasion, the Prime Minister and leaders of ministries and agencies inaugurated the national planning information and database system./.