What is the role of the knowledge economy in Vietnam? What is the grade at which students in Vietnam must be able to assess the role of each economic component in the economy?
What is the role of the knowledge economy in Vietnam?
1. Concept of the knowledge economy
The knowledge economy is an economic model in which knowledge, technology, and innovation play a pivotal role in driving economic growth, enhancing labor productivity, and creating added value. Unlike traditional economies that depend on natural resources or manual labor, the knowledge economy relies on the exploitation and application of knowledge to optimize production and develop high-tech products and services.
This economy is propelled by robust advances in information technology, artificial intelligence, big data, and the Internet of Things (IoT), thereby transforming global production, trade, and consumption structures.
2. Role of the knowledge economy
2.1. Driving Sustainable Economic Growth
Knowledge and technology create new business models, helping enterprises improve production efficiency, reduce costs, and optimize value chains. Continuous innovation in the knowledge economy not only produces advanced products and services but also helps nations escape dependency on finite resources, transitioning towards a more flexible and sustainable economy.
Economies like the United States, Japan, Germany, or South Korea have leveraged knowledge and innovation to become economic powerhouses despite limited natural resources.
2.2. Enhancing Labor Productivity and National Competitiveness
In the knowledge economy, labor productivity no longer heavily relies on mere manual labor but is enhanced through technology, automation, and smart management. Businesses can utilize artificial intelligence, big data, and digital business models to optimize processes and reduce labor costs while maintaining high efficiency.
Moreover, nations with developed Knowledge Economies often possess higher competitive standings in the global market due to continuous innovation. For instance, Silicon Valley in the United States or major tech corporations in South Korea and Japan demonstrate the crucial role of knowledge in maintaining national economic strength.
2.3. Creating High Added Value and Stimulating Innovation
A prominent feature of the knowledge economy is its ability to create high added value through innovation and creativity. Sectors like software technology, high-tech medicine, finance, and research and development (R&D) generally have higher profit margins compared to industries reliant on raw materials or general labor.
Additionally, enterprises within the knowledge economy continuously research and develop to create groundbreaking products and services. This not only helps them capture market dominance but also drives growth momentum for the entire economy.
2.4. Creating High-Quality Jobs and Enhancing Labor Skills
The knowledge economy generates a system of high-quality jobs that require high levels of expertise and skills, particularly in fields such as information technology, artificial intelligence, data analysis, and digital engineering. This translates into better income for workers, a higher quality of life, and more opportunities for career development in a knowledge-driven economic environment.
However, to meet the demands of this economy, nations must heavily invest in education, skill training, and improving human resources quality, enabling workers to adapt to the rapid changes in technology and labor markets.
2.5. Facilitating Global Economic Integration
In the context of globalization, the knowledge economy enables countries to integrate more effortlessly into the international market. Knowledge-based products and services, such as software, artificial intelligence, digital finance, and biotechnology, can be exported without geographical or resource constraints.
Knowledge-driven economies have the potential to attract foreign investment, and international cooperation, and leverage advantages from e-commerce and digital transformation to expand markets. This helps nations minimize dependence on traditional economic models and diversify income sources.
Note: The information is for reference purposes only!
What is the role of the knowledge economy in Vietnam? What is the grade at which students in Vietnam must be able to assess the role of each economic component in the economy? (Image from the Internet)
What is the grade at which students in Vietnam must be able to assess the role of each economic component in the economy?
Under the General education program in Geography issued with Circular 32/2018/TT-BGDDT, regulations on the content regrading economics in the 12th-grade Geography curriculum are:
| - Significance | - Analyze the significance of economic structure transition in our country. |
| - Economic structure transition towards industrialization, modernization | - Demonstrate and explain the transition of economic structure in our country towards industrialization, and modernization. |
| - Economic structure transition by industry, economic sector, territory | - Demonstrate and explain the transition of economic structure by industry, economic sector, and territory in our country. - State and evaluate the role of each economic component in the national economy today. - Able to draw charts, analyze charts, and statistical data related to economic structure transition. |
12th-grade students must state and assess the role of each economic component in the national economy.
What are the general orientations to the educational methods for 12th-grade Geography in Vietnam?
- Actively engage in student activities; where the teacher organizes, guides, encourages, and creates a friendly learning environment; students learn in an active, positive, and creative manner, focusing on self-learning capabilities.
- Enhance experiential activities for students, linking geography lessons with local, national, and global realities; apply knowledge to solve local environmental, economic, and social issues, thereby developing awareness, skills, and forming particular and general competencies.
- Diversify teaching methods, flexibly combining advanced teaching methods with specific teaching methods such as using maps, diagrams, statistical data, charts, pictures, models, observation, fieldwork,...; improving and using traditional teaching methods positively such as lectures, Q&A,...
- Implement diverse and flexible teaching forms, combining individual learning, group learning, classroom learning; learning outdoors, real-life learning, field trips; local surveys, information collection and organization, display, introduction, exhibition, educational games,...
- Organize, guide, and facilitate students to discover, explore, and acquire knowledge from geography teaching materials such as maps, atlat, images, models, measuring instruments, documents, resources,...
- Encourage and create favorable learning environments for students to extract information from the Internet for learning purposes; train students in skills to handle and present geographical information using information and communication technology,...
- Enhance self-making teaching equipment with the application of information and communication technology (creating learning websites, developing lessons, exercises, practical training, building tests using common, appropriate software, creating video clips introducing geographical objects and phenomena,...).
