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October 21, 2022 | 09:31

Promoting innovative startups offers escape from ‘middle-income trap’

Đỗ Phong

At the Vietnam Startup 4.0 Forum 2022 on October 19, Dr. Vu Tien Loc, Chairman of the Vietnam International Arbitration Center (VIAC), said that in order to help Vietnam escape from the "middle-income trap" and become a developed country, it is necessary to promote innovative startups and transformation. Vietnam has one of the top 3 most dynamic innovative startup ecosystems in Southeast Asia.

Promoting innovative startups offers escape from ‘middle-income trap’
The Vietnam Startup 4.0 Forum 2022. Photo: VnEconomy

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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