High and quality growth key to breaking out middle-income trap

Tuesday, Feb 27, 2024

The current robust development of digital technology, including artificial intelligence, has been providing Việt Nam''s economy with ample opportunities for growth, improved competitiveness, quality of products and services and production.

Economic institution reform key to breaking through middle-income trap: experts

Saturday, Mar 04, 2023

Economists said only 13 out of 101 middle-income countries in the 60s managed to break through the middle-income trap by the end of 2008, demonstrating the challenging nature of sustainable economic growth. 

Science and technology keys to long-term economic growth

Friday, Oct 16, 2020

Viet Nam must maintain its growth momentum in the next two decades in order to escape the middle-income trap by 2045 - a key objective set by the government''s development vision for 2030. 

PM Phuc has working session with economic advisory group

Tuesday, Jan 21, 2020

Prime Minister Nguyen Xuan Phuc put emphasis on the need for long-term solution to new drivers of growth and economic impetus to help the country escape the middle-income trap, especially as ageing population has already been underway.

Industry has important role to overcome middle income trap in VN

Saturday, May 25, 2019

The middle income trap is closely tied to economic growth, so if growth doesn’t stay high and for decades and there is not high income per capita, the nation will fall into the middle income trap

Tech can lead Viet Nam past the middle-income trap: forum

Friday, May 10, 2019

Supporting local tech firms as they strive for technological advancements is a vital part of Việt Nam’s efforts to beat the middle-income trap and become a developed economy, heard a forum on Thursday.

Productivity key to escaping mid-income trap

Thursday, Dec 14, 2017

Though on its way to achieving all major economic goals, Viet Nam has its work cut out in maintaining an upward productivity growth lest it falls into the middle income trap and trails behind regional partners.

Manufacturing could mitigate Viet Nam middle-income trap

Friday, Apr 22, 2016

Viet Nam could only escape the middle-income trap by developing the manufacturing and industry sector to new products, the Viet Nam Chamber of Commerce and Industry (VCCI) heard yesterday.

Middle income trap a risk: experts

Monday, Mar 21, 2016

Viet Nam needs to shift from a low middle-income to higher-income nation and avoid the middle-income trap by reforming policy content, structure and organisation.

Has VN entered the middle-income trap? Economists cannot agree

Monday, Apr 21, 2014

Becoming a middle-income country has brought enormous challenges for Viet Nam, including the danger of getting caught in the so-called middle-income trap.