Author: Suiwah Leung, ANU
Unlike many countries in Asia, and indeed in the world, Vietnam is for the moment blessed with a raft of positive economic news. But beneath the surface, structural problems and a lack of industrial deepening persist.
Exports have been growing at 18 per cent year-on-year and 10 per cent year-to-date. Disbursements in foreign direct investment rose by some 9.6 per cent year-on-year with Samsung, in particular, manufacturing not only its smartphones but also TV and computer screens in Vietnam.