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Diane Publishing Books
Vietnam Assessment: Creating a Sound Investment Climate
Suiwah Leung (ed). Vietnam embarked on a “renovation” of its economy in 1986. Since then, its economy has made a dramatic turnaround, achieving a low-inflation sustained growth for most of the 1990s. However, even at the current high rates of growth, it will still take Vietnam some 15 years to reach the standard of living that Indonesia currently enjoys. Furthermore, decades of sustained growth will require higher rates of investment than in the past, as excess capacity created under central planning is being utilized. A sound investment climate is essential.
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