“Three sectors — digital technology and software services; semiconductors and integrated circuit design; and artificial intelligence and robotics — need to be recognized and seized as foundational technological solutions. In other words, they are key instruments for penetrating, restructuring and upgrading all sectors of the economy, based on a decisive shift from a mindset of administrative management to one of developmental, enabling governance,” said Prof. Vu Minh Khuong, lecturer at the Lee Kuan Yew School of Public Policy, National University of Singapore, in an interview with The Saigon Times. Vietnam is set to enter a new phase of accelerated development The Saigon Times: About two years ago, when many observers were concerned that Vietnam might fall into the middle-income trap, you expressed confidence that the country was standing at the threshold of an era of economic takeoff to become a developed nation. That assessment became a major topic of discussion in 2025 and the debate is likely to remain so in the coming years. How do you reflect on this today? How confident are you that Vietnam can achieve high-income developed country status by 2045? Prof. Vu Minh Khuong: The assessment I made several years ago was in fact based […]
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