Tech can lead Vietnam past middle-income trap


  • SMEBiz
  • Monday, 13 May 2019

Robots should do things they are best at, or that people don

SUPPORTING local tech firms as they strive for technological advancements is a vital part of Vietnam’s efforts to beat the middle-income trap and become a developed economy.

To escape the middle-income trap, Vietnam must have a yearly growth rate of 6.5%-7% or individual income must grow 5.5%-6% each year, according to Nguyen Xuan Thanh from Fulbright University Vietnam.

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