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Vietnam reaffirms commitment to productivity strategy in pursuit of high-income status

In a high-level meeting with Asian Productivity Organization (APO) Secretary-General Dr. Indra Pradana Singawinata on 26 April 2023, Vietnamese Prime Minister Pham Minh Chinh outlined the country’s productivity strategy.

The strategy focuses on enhancing institutional quality, upgrading human capital development, advancing governance capacity, and refining resources management, with the ultimate goal of becoming a high-income country by 2045.

Dr. Indra advised Vietnam to capitalize on its socioeconomic stability, human capital quality, and work attitude to achieve greater prosperity.

He also emphasized the importance of institutional arrangement and continuous strengthening of key productivity-promoting institutions in translating the strategy into tangible results.

The meeting concluded with a commitment to extend APO’s assistance to Vietnam in boosting and sustaining its productivity.

Both parties also agreed on the necessity to continue technical assistance and advisory initiatives, including monitoring the progress of implementation of the productivity agenda.

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