Vietnam was honored as one of the top five performers under the Expanded Human Capital Index (HCI+) among nations with similar income levels at the World Bank (WB)–International Monetary Fund (IMF) Spring Meetings, according to a report from the Government News.

The award was recently presented to Vietnamese Ambassador to the U.S. by Vice President for the People Vice Presidency at the WB, Ms. Mamta Murthi.

This recognition by multilateral financial institutions acknowledges the country's achievements in developing and utilizing human resources and reflects improvements in competitiveness and evolution in the labor market.

These outcomes are linked to the implementation of policies on public health protection and care, as well as education and workforce training development through 2030.

The quality of public spending associated with educational outcomes demonstrates efficiency in allocating resources to the knowledge sector.

The WB has noted Vietnam's improvements in wage employment, reflecting stronger alignment between financial resources for training and labor market demands.

Compared to other countries in the region and those with similar income levels, Vietnam has achieved higher efficiency in converting skills into jobs and real income.

Being honored in HCI+ 2026 once again confirms the soundness of Vietnam's people-centered development strategy, while also demonstrating the effectiveness of allocating and utilizing national financial resources—an essential factor for competitiveness in the new era.

This achievement is not only an international recognition but also a driving force for Vietnam to continue strong financial policy reforms, prioritizing the attraction and effective management of resources, including ODA and concessional loans, to improve the quality of human resources in the 2026–2030 period.

sOURCE: vneconomy