On 27 May 2020, the World Bank released Vibrant Vietnam: Forging the Foundation of a High-Income Economy, advocating productivity-led growth through innovation and efficient resource allocation.
The report recommends business dynamism, efficient infrastructure, skills and jobs, and a green economy. Competition, finance and transparent rules support firms; higher education and technical skills support productivity.
Capacity building concerns people, organizational operations and resource allocation. Managers should consider talent pipelines, efficiency and long-term sustainability together when planning development.
