REVITALISATION and innovation are key to helping Vietnamese businesses improve their competitiveness, says Vietnam Academy of Social Sciences (VASS) vice president Dang Nguyen Anh.
“With income per capita expected to reach US$3,000 by 2020, according to the World Economic Forum, Vietnam has overcome the period that growth relies heavily on the value added-to-input ratios and is shifting to the new period where growth is mainly attributed to efficiency and productivity,” Dang said at a conference to announce the Report on Productivity and Competitiveness of Vietnamese Enterprises last week.
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