Wrap-up and Occlusion

Yasuhiro Yamada

Main Article Content

Abstract

Provides the policy recommendations. Vietnam has sustained high economic growth rates since the early 1990s, driven by economic reforms and external openness. Annual per capita real GNI growth has consistently been around 5.0% from 1995 to 2019, significantly outpacing advanced economies. To achieve high-income status by 2045, annual growth must rise to 5.4%, requiring productivity increases and industrial upgrading. The economy needs to transition from input-driven growth to innovation-driven growth, emphasizing human capital, labor and capital market efficiency, competition, and technology adoption. Digital technologies play a pivotal role in this transition. Key industries like electronics, advanced agriculture, textiles, DX-related sectors, automobiles, healthcare, and energy are expected to contribute to economic growth and a circular economy. Engaging in collaboration with Japan, especially in the realm of Digital Transformation (DX), offers significant potential for advancing towards the goal of achieving high-income country status by 2045. Additionally, it is advisable to pursue cooperative initiatives in various sectors, including the automotive industry, advanced agriculture, climate change mitigation, the circular economy, and addressing the challenges posed by an ageing society.


Article Details

Author Biography

Yasuhiro Yamada

Senior Policy Fellow at ERIA

Yasuhiro Yamada is a Senior Policy Fellow on Mekong Affairs at ERIA since 2024, following his role as a Special Assistant to the President of ERIA on CLMV (Cambodia, Laos, Myanmar, and Vietnam) Affairs since 2011. He was in Bangkok 2011-2019, in Hanoi 2019-2021 before Tokyo to implement his mission.

He worked for the Japan External Trade Organization (JETRO) from 1972 to 2015. During his tenure at JETRO, he held several important positions, including President of the Bangkok Research Centre (2011-2015), Executive Vice President (2008-2011), Director General of the General Administration Department (2004-2008), Managing Director of the Hanoi Office (2003-2004), and Director General of the Overseas Research Department (2000-2003).

In addition to these roles, he served as a visiting professor at the Advanced Institute for Industrial Technology (AIIT) in Tokyo from 2011 to 2020 and as an adviser to the Dean of the Business School of Thammasat University on aging business from 2017 to 2020.

In 2021, he assumed the President of the East Asia Trade Research Board (EATRB) in Tokyo.