Blending welfare into pursuit of prosperity
In its efforts to become a more affluent nation by 2035, Vietnam has made significant improvements in improving its Human Capital Index.
Vietnam is experiencing rapid demographic and social change. Today, 70 percent of the population is under 35 years of age, with a life expectancy of 76 years, the highest among countries in the region at similar income levels. But the population is rapidly aging.
According to the landmark Vietnam 2035 report, a joint Vietnam-World Bank Group study featuring a path for the country to reach an upper-middle-income status by 2025, human capital development via educational and training quality improvement is flagged as a breakthrough which can help drive the nation to more prosperity.