[opportunities] Invitation to join an online discussion: What is your vision for how innovation will contribute to the sustained growth in Vietnam over the next 20 years?

[Linh Thi Thuy Chu]

Dear colleagues,

>From March 11 to 25, Vietnamese and World Bank's experts will host a discussion on higher education and innovation - driving force for Vietnam's development toward 2035.

International experiences show that innovation is critical to both growth and the concomitant creation of new and better jobs. More generally, both theory and history suggest that countries can have very different growth trajectories depending on their ability to identify and assimilate technological advances.

Over the past decades, Vietnam's impressive growth has relied heavily on the accumulation of capital and labor. More people started working and companies invested in machinery and other capital. These gains cannot continue to grow as they have in the past. Future economic growth must rely increasingly on increasing productivity. The single most important driver of total factor productivity (TFP) as well as productivity in general is innovation, more specifically, technology-driven innovation. In agriculture, for example, R&D results applications have contributed up to 30% of growth in the the sector.

What is your vision for how innovation will contribute to the sustained growth in Vietnam over the next 20 years and what are key factors to ensure the effective and dynamic NIS/ innovation systems for Vietnam? Share your thoughts with us!

Our experts will be responding to your comments and opinions. They include Mr. Le Dinh Tien, Former Vice Minister, Ministry of Science and Technology, Mr. Banh Tien Long, Former Vice Minister, Ministry of Education and Training, and Mr. Michael Crawford, Lead Education Specialist, and Mr. Suhas Parandekar, Senior Education Economist, in the World Bank's Education Global Practice.

Submit questions and join the discussion: http://dsi.mpi.gov.vn/vietnam2035/en/thao_luan_theo_chu_de/4.html

Thank you and best regards,
________________________

Linh Thi Thuy Chu
Team Assistant
T (+84 4) 39346600- Ext: 7335
M (+84) 946430099
F +84 4) 39350752
E Lchu1 at worldbank.org
W www.worldbank.org<http://www.worldbank.org/>
8 fl., 63 Ly Thai To str., Hoan Kiem Dist., Hanoi

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