Vietnam has potential characteristics for reforming and successful development. It has experienced a long impressive history that impacted the transformation the internal economic.\u00a0 In 1986, champagne called \u201cDOIMOI\u201d had known when Vietnam changed from a centrally planned to market economy. At that time, the rate of poverty has reduced significantly. The changing also was proven in success of agricultural, as well as in issuing a lot of comfortable business conditions.\u00a0 By 2007, GDP growth was taken consider when Vietnam joining WTO, and it got a huge flow of FDI. Even though, Vietnam has overcame difficulty as the inflation has reached 23% by 2011, then the government needed to intervene for stabilization. After that, Vietnam has shown that the potential development when join ASEAN and TPP, and it is expected to earn some additional GPP growth.<\/p>\n
There is some recognition for Vietnam, detailed it ranked 78 out of 189 countries in World Bank report for ease of doing business. Moreover, in World Economic Forum\u2019s Global Competitiveness Index for 2014-2015, Vietnam continued to rank 68 out of 144 countries.<\/p>\n
Nowadays, it is time for Vietnam to face with so many challenge. That it need to transform from \u201ca low \u2013wage economy to one that comprises a highly skilled, well-trained and sophisticated labor force\u201d. \u00a0So, we really optimistic for the developing prospect of Vietnam. However, it will take a support from the government to make the bright and advantage future for economic.<\/p>\n
Resource:<\/strong><\/p>\n http:\/\/ink.library.smu.edu.sg\/cgi\/viewcontent.cgi?article=1022&context=ami<\/u><\/strong><\/p>\n Writer: Nguyen Mai Huong (number 09)<\/p>\n","protected":false},"excerpt":{"rendered":" Vietnam has potential characteristics for reforming and successful development. It has experienced a long impressive history that impacted the transformation the internal economic.\u00a0 In 1986, champagne called \u201cDOIMOI\u201d had known when Vietnam changed from a centrally planned to market economy. … Continue reading