The World Bank (WB) has released a report which explores how Vietnam can upgrade its participation in global value chains to become a high-income country by 2045.

A workshop aimed at charting Vietnam's course toward a high-income future took place in Hanoi on November 20.

VOV.VN - To move from lower-middle-income to high-income status by 2045, Vietnam needs a new growth model to create a higher development trajectory and to overcome the “middle-income trap”.

Nearly 200 experts and scientists from universities and research institutes across Vietnam, Japan, and other regional countries gather at an international scientific workshop that opened in the central city of Da Nang on October 24 to strategise Vietnam's ascension to a high-income status by 2045.

The amended Land Law which was passed at the 15th National Assembly’s fifth extraordinary session in mid-January is expected to provide a firm legal framework to enhance land management efficiency and create new momentum for Vietnam to become a high-income country by 2045.

VOV.VN - Tetsuya Watanabe, President of the Economic Research Institute for ASEAN and East Asia (ERIA), presented an ERIA publication titled ‘Vietnam 2045: Development Issues and Challenges,’ to President Vo Van Thuong of Vietnam and Prime Minister Fumio Kishida of Japan during the recent Japan-Vietnam summit in Tokyo.

The first national forum on the development of digital economy and digital society took place in the northern province of Nam Dinh on September 14, discussing orientations and trends to help realise the country’s relevant targets for 2030 and beyond.

Some foreign ambassadors have expressed their belief that Vietnam will succeed in realising its 2045 vision of becoming a high-income country and contributing more to regional and global stability and development.

The UK-based Financial Times has posted an article in which it assessed that after decades of showing promise, Vietnam’s economic moment may have finally arrived, and the country must capitalise on the manufacturing boom for its long-term development.

As Vietnam is about to join the group of upper-middle-income countries and pursuing the goal of becoming a developed and high-income country by 2045, the continuous renovation of economic institutions becomes more urgent than ever, said experts at a political dialogue workshop in Hanoi on March 1.