Growth implies: the foundation for sustainable economic development in Vietnam

Abstract

After 20 years of renovation, Vietnam has achieved much success in growth and poverty reduction, with nearly 30 million people out of poverty. However, the process of poverty reduction in Vietnam today are faced with many new challenges, particularly the increasing inequality. Therefore, in the context of a comprehensive international integration, Vietnam should have a new approach to a method of rapid economic growth and ensure fairness. The paper analyzes the pattern of growth situation for the poor in Vietnam, pointed out the difficulties and challenges of this model, while the recommended inclusive growth model as an effective solution to complement growth model for the poor, in order to ensure the development and sustainable poverty reduction in Vietnam in the international integration stage now.