Growth continued to reach a high level, Buy Bulk SMS Service 6.63% on average. In 2018, GDP is expected to increase by about 7%; average income is about 2,540 USD/person (calculated by purchasing power equivalent to more than 7,200 USD). Along with economic development, Vietnam is also very successful in poverty reduction. The poverty rate, if calculated according to the old standards with a spending level of less than Buy Bulk SMS Service 1.9 USD/day/person, will be only 2% in 2017; if calculated according to the new multidimensional Buy Bulk SMS Service poverty line, this figure is 9.8%. The average life expectancy of Vietnamese people is over 76 years old, while the world average is 72 years old, and the East Asia - Pacific region is 74.5 years old.
As we all know, it is not easy to Buy Bulk SMS Service successfully transition from a country with a low level of development to a middle-income economy with a high and stable growth rate. However, we must recognize the fact that a country like Vietnam today being able to escape the middle-income trap and become a high-middle-income country will be an equally difficult challenge. If we fail to do this, the gains we have Buy Bulk SMS Service made over the past few decades will be greatly diminished. We acknowledge that Vietnam Buy Bulk SMS Service is still facing many risks, in which the risk of being left behind and falling into the middle-income trap of Vietnam is very large. We have made great efforts to improve the three strategic bottlenecks impeding development: institutions, infrastructure, and quality of human resources.
With that spirit, the Prime Minister Buy Bulk SMS Service wished that the international community and donors would continue to trust and accompany Vietnam in the coming time, helping Vietnam avoid the middle-income trap and escape the risk lagging behind in the globalized world. We are living in a volatile international and regional context with many opportunities and challenges. recover, but it is still unstable, trade continues to increase, and the industrial revolution 4.0 is changing the way production and life is organized. At the same time, there are also many concerns about the rise of protectionism, Buy Bulk SMS Service trade wars, conflicts and political tensions in some parts of the world, unpredictable fluctuations in oil prices, and geopolitical competition. governance in the region is increasingly complicated... affecting the development policies of countries, including Vietnam.