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ADB: More investment in education will boost growth

by VTV422 October 2015 Last updated at 20:19 PM

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ADB: More investment in education will boost growth
VTV.vn - More investment in education will help Asian countries, including Vietnam, reach a higher level of development. This was confirmed by Mr. Shang-Jin Wei, Chief Economist of the ADB during a press conference held yesterday in Hanoi.

A recent report by the ADB showed that Vietnamese students from 14 to 15 years old have a better general knowledge of math and science than those in many countries like the US, Thailand, and the Philippines.

However, skills related to critical thinking and creativity should be furthered to enhance education quality, creating a highly skilled workforce to meet the current demand in Asia.

The report also showed that in 2011 Vietnam had about 15.6 million people of working age. With better investment in education, Vietnam will soon achieve better growth rates, especially in the context of global integration.