World Bank outlines path for Vietnam to reach high income status


HANOI: The World Bank (WB) has released a report which explores how Vietnam can upgrade its participation in global value chains to become a high-income country by 2045.

In its report entitled "Vietnam 2045: Trading Up in a Changing World – Pathways to a High-Income Future", the bank said integration into global markets has been the key driver of Vietnam's development success over the past 40 years, propelling one of the longest and fastest economic expansions in modern history.

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Vietnam , world bank , economy

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