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\nVietnam: The Economy of the Next Decade?\n

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\n\nPublisher:\n\nEconomics Explained\n\n\n
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\nVietnam is one of the fastest-growing economies in the world today. In 2019 its growth was only beaten out by a selection of far smaller and far more unstable national economies. With a huge and very hardworking population not to mention...\nVietnam is one of the fastest-growing economies in the world today. In 2019 its growth was only beaten out by a selection of far smaller and far more unstable national economies.

With a huge and very hardworking population not to mention a powerful ally to it’s north this could be the country to watch out for in the next 10 years.

But this success is by no means guaranteed. As with many other nations in the Southeast Asian region, it has many hurdles it needs to deal with to become a fair dinkum developed economy.

The middle-income trap, global trade hostilities, and an increasingly competitive global market for manufacturing.

Oh and if all of this wasn’t enough let's not forget a global pandemic and ensuing economic crisis to really spice up this obstacle course on their journey to success.

All of these factors make Vietnam a fascinating country to explore and use as a case study for some very intriguing economic questions.

Foremost amongst these is a challenge to the assumption that all nations can become developed economies, so long as they embrace industry, and free trade and free markets.

So,

What has been behind Vietnam’s Economic Growth?

What will the impacts of 2020 do to this growth?

And perhaps most importantly

How will this nation break into the Developed Nations club?\n
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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16:10
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nEconomics Explained\n\n
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Date
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2020
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Language
English
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Audiences
For Teacher Use
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Fine Print: Educational Use
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Concepts

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economy, north, trade, wealth, income, tourism, vietnam
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vietnam economy, vietnamese economy, the economy of vietnam, the economics of vietnam, vietnam economy explained, economics of vietnam explained, what is the economy of vietnam like, vietnam economy growth, vietnam economy documentary, vietnam economy overview, can all nations become wealthy, economy explained, logical ally, soviet union, economic fallout, deng xiaoping, mining industry, developed economies, modern history, economic success, global economy, grow wealthy, history, success, industries, means, dollars, wealthy, huge, nations, infrastructure, south, support, leaderboard, country, world
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Best For: Explaining a topic
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Vietnam: The Economy of the Next Decade?\" href=\"/subscription/new\">\"Vietnam:\n\n
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