Sustainable development in Thai Binh province: A strategic approach to overcome the middle-income trap

Sustainable growth reflects an economy's ability to balance immediate economic gains with environmental responsibility and social progress, thereby establishing a solid foundation for long-term development. For Vietnam, both at the national and local levels, to maintain momentum and avoid the risk of falling behind or becoming trapped in the middle-income bracket, it is imperative to adopt not only short-term solutions but also strategic, long-term measures. Central to this effort is the decisive restructuring of the economy, particularly within the production sectors, to improve competitiveness at both the sectoral and national levels, thereby promoting inclusive and sustainable growth.