Economy

Vietnam Economy

Among the world’s most impressive emerging market success stories of the past three decades, Vietnam has been achieving high growth rates, encouraging a huge reduction in poverty and attracting billions of dollars of foreign investment. What was, until relatively recently, considered a comparatively poor country by regional standards – with an economy previously weakened by decades of war – is now solidly middle-income. If Vietnam is able to maintain its current momentum, it might potentially achieve high-income status within the coming few decades.

This chapter contains interviews with Dinh Tien Dung, Minister of Finance; Le Luong Minh, Secretary-General, ASEAN; and Stephen P Groff, Vice-President for East Asia, South-east Asia and the Pacific, Asian Development Bank.