Economic Development: Vietnam Rising

Here are two new videos from the IMF focusing on growth and development drivers in the fast-growing Vietnamese economy.

This video highlights the role of the IMF in encouraging the increased openness of the Vietnamese economy and the positive impact this had on Vietnam's economic development.  

The Doi Moi reforms of the 1980s were part of a process of transition to a market economy, and helped generate growth of up to 7% per annum. It was a remarkable development story. 

This clip looks at the important role played by foreign direct investment (FDI) in ensuring development. 

One company that has benefited from this is Samsung, who have sizeable investments in the country attracted by the productivity of the workforce, improved quality of infrastructure and macroeconomic stability of the country.

If you are studying economic growth and development in Vietnam, you might want to listen to our special webinar on the Vietnamese economy (published in the summer of 2017).