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Is reality dawning and are we about to enter the second phase of Doi Moi?

After the advent of Doi Moi, in 1986, and in the years from 1990 to 2010 Vietnam achieved an average GDP growth of over 7% per annum. In the period 2011-2015 GDP growth averaged only 5.9% due to slow moving structural reforms and global uncertainty.

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Vietnam Summit

The new growth model will have many elements including quality and competitiveness. Technology will be a key as labour intensive industry is not a way forward for the future. Trade is still the key to Vietnam’s future however as we all know global growth is slowing and this is having an impact on Vietnam’s economy.

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The new consumer generation in Southeast Asia

There are 14.4 million of them,each one has a considerable influence in household purchasing decisions. Read the full report about the next big generation of decision makers and opinion leaders in Vietnam.

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