VIETNAM WANTS TO BE THE NEXT ASIAN TIGER AND IT’S OVERHAULING ITS ECONOMY TO MAKE IT HAPPEN
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✍️ Vietnam is aiming to become a major economic power by 2045, with a focus on high-tech sectors and institutional reforms. The country faces challenges such as climate change, an aging population, and a need to move beyond its low-cost manufacturing model.
👉 Vietnam aims to become a major economic power by 2045 👉 The country is focusing on high-tech sectors such as computer chips, artificial intelligence, and renewable energy 👉 Vietnam is implementing institutional reforms, including merging ministries and eliminating low-level bureaucracies 👉 The country is trying to address its trade surplus with the US, which has led to tensions with President Trump 👉 Vietnam is facing challenges such as climate change, an aging population, and a need to move beyond its low-cost manufacturing model
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