Society

World Bank urges East Asia to make education responsive

Vietnam and other low-and-middle-income countries in East Asia need to make their higher education systems more responsive to labour market demands and the economy to climb up the income ladder, says a report released on Oct. 14 by World Bank East Asia and Pacific Regional.
ADB official: Vietnam able to avoid middle income trap Business

ADB official: Vietnam able to avoid middle income trap

Rajat Nag Managing Director General of the Asian Development Bank (ADB) has described the “middle income trap” as one of challenges for Vietnam as it gains the middle income country status and at the same time said he believes in its ability to avoid the trap.

“I think all middle income countries are susceptible to the middle income trap. Vietnam of course will not be an exception. But we believe that Vietnam wil get out of the middle income trap. It should take urgent measures right now,” he told VNA reporter on the sidelines of the ongoing 44 th ADB annual meeting in Hanoi.
PM Dung meets Singaporean, ASEAN leaders Politics

PM Dung meets Singaporean, ASEAN leaders

Vietnam ’s Prime Minister Nguyen Tan Dung on Nov. 12 met with his Singaporean counterpart Lee Hsien Loong and ASEAN Secretary General Surin Pitsuwan prior to the plenary session of the G20 Summit.