Vietnam eyes technology transition for middle-income trap escape
Technology development is a shortcut to help Vietnam make breakthroughs in social and economic development.
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Securities company KB Securities projected Vietnam’s GDP growth in the fourth quarter of 2019 to reach 6.95 - 7%, leading to the whole-year growth at nearly 7%.
Vietnam is seen as beneficiary of trade war, but poor infrastructure hurts itself.
The sky has been crowded since Vietnam’s aviation market recently has several new air carriers.
Technology development is a shortcut to help Vietnam make breakthroughs in social and economic development.
Weak banks and small-scaled lenders are facing biggest problem in mobilizing capital for level upgrade during the upcoming times.