Behind Vietnam’s Rosy GDP Figures, Some Questions
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Behind Vietnam’s Rosy GDP Figures, Some Questions
The lurking middle-income trap
By: Michael Tatarski
The current headlines give the impression that Vietnam has turned into a world-beating economic powerhouse. Let’s look at three very recent examples.
On September 28, the World Bank updated its 2022 growth forecasts for Asia-Pacific, and Vietnam has the highest projected GDP growth: 7.2 percent. Only the Philippines (6.5 percent) and …
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