Vietnam’s economy may reach a value of US$2 trillion by 2050, allowing the country to become an economic power in 20-30 years, according to Prof. Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF). “More than anyone else, young people are the core force that plays a decisive role in forming and developing the knowledge-based economy in Vietnam," Mai said. The WEF leader assessed Vietnam's economic growth as a dependent on industries and exports, especially electronics and goods manufacturing, believing its economic and social structure will change significantly and transition into the era of intelligence by 2050. In the education sector alone, the WEF founder deemed Vietnam's system a long-standing pillar of the country's success, especially in science, technology, engineering, and mathematics. The WEF chairman emphasized that people who are passionate and ready to adapt, develop, and learn new skills can succeed.
