The story of Viet Nam’s economic miracle

The story of Viet Nam’s economic miracle
September 12, 2018 Comments Off on The story of Viet Nam’s economic miracle Article Trade_Council

According to analysts from the World Bank and the think tank Brookings, Viet Nam’s economic rise can be explained by three main factors: “First, it has embraced trade liberalization with gusto. Second, it has complemented external liberalization with domestic reforms through deregulation and lowering the cost of doing business. Finally, Viet Nam has invested heavily in human and physical capital, predominantly through public investments.” World Economic Forum, September 11, 2018.

 

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