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Vietnam’s 14th Party Congress: inflection point in development trajectory

Vietnam’s 14th Party Congress: inflection point in development trajectory

(VOVWORLD) -The 14th National Congress of the Communist Party of Vietnam (CPV), held in Hanoi from January 19 to 23, 2026, marks a pivotal inflection point in Vietnam’s contemporary development trajectory, said an article published on Thursday on the website of the Singapore-based Lee Kuan Yew School of Public Policy.

The 14th Central Committee of the Communist Party of Vietnam is inaugurated at the Congress. Photo: VOV

The Congress is renewing a party’s vision, and positioning Vietnam for significant transformation by 2030, with the ultimate goal of becoming a high-income nation by 2045, the centenary of its independence.

At the heart of the Congress were three powerful messages: the importance of stable leadership coupled with controlled renewal; the strategic clarity around a new development model; and heightened expectations for execution, state capacity, and international engagement. Together, these elements indicate that Vietnam is entering a new phase of growth—one focused not merely on speed, but on achieving smarter, higher-quality, and more resilient transformation.

For international stakeholders, the 14th National Congress sends a clear and credible signal. Vietnam is not slowing down—it is upgrading. The private sector is positioned as the main engine of growth, supported by a capable, enabling state. Institutions, not subsidies, are the focus of reform. Technology, green transition, and human capital are long-term priorities. Openness remains deep, but it is strategic, selective, and resilient, not passive dependence, according to the article.

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