“Risk, uncertainty, caution” have been three of the keywords many analysts and stakeholders have used to forecast the global economy in 2024. To create momentum for Vietnam’s economy to post breakthroughs, it is necessary to renew old growth drivers and exploit the power of new drivers, Dr. Can Van Luc, Member of the National Financial - Monetary Policy Advisory Council, told the Vietnam Economic Scenario Forum 2024, co-hosted by VnEconomy / Vietnam Economic Times (VET), and the Ministry of Foreign Affairs (MoFA) on January 11 in Hanoi. There are many new growth drivers, such as digital transformation and the application of science and technology; higher workplace productivity and total factor productivity (TFP); the promotion of economic institutional reform; green growth and proactive climate change adaptation; improvements to Vietnam’s position in global value chains through developing supporting industries; more thorough regional connectivity to promote the role of socio-economic locomotives; and better access to opportunities from integration and economic diplomacy. Notably, according to the World Bank, if Vietnam implements and transitions well towards green growth, it may add 1.5-2 ppts to GDP.