Vietnam – A story about Ambition and Growth Performance
Vietnam is not merely a country in Southeast Asia. Given its tumultuous past, Vietnam embodies traits such as a fierce struggle for survival, which, against all odds, ends in victory.
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Vietnam is not merely a country in Southeast Asia. Given its tumultuous past, Vietnam embodies traits such as a fierce struggle for survival, which, against all odds, ends in victory.
Located in the heart of South East Asia, The Socialist Republic of Vietnam has experienced a steady economic growth during the last twenty-five years. Starting from the late 1980s, the central government has initiated a vast array of economic reforms, commonly known as “Đổi Mới´” (open door) with the objective of moving the country away from a centrally planned economy, penalized by large-scale production, trade deficits and hyperinflation, back to a market oriented one.