Vietnam should enhance productivity to grow, advises Word Bank


A worker assembles a vehicle at Thaco's Automobile Company in Chu Lai Economic Zone in Quảng Nam Province. Skilled workers are needed for Vietnam to develop, according to the World Bank. — VNA/VNS

HANOI (Vietnam News/ANN): Vietnam should focus on a productivity-driven development model to become a high-income economy by 2045, according to the latest report from the World Bank (WB).

The international financial institution launched the 'Vibrant Vietnam: Forging the foundation of a high-income economy' report on Wednesday (May 27) in Hanoi, urging the country to combine innovation with balanced development and allocation of private, public, human and natural capital to become a richer country.

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Vietnam , World , Bank , productivity

   

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