A New Tiger Emerges

December 2005
Asia Monitor: South East Asia Monitor Volume 1;Dec2005, Vol. 16 Issue 12, p4
Country Report
Country Report
The article focuses on economic liberalization of Vietnam. The Vietnamese economy is becoming more market-orientated direction. The country's economic liberalization will provide an increasingly lucrative investment destination in Southeast Asia, and should put Vietnam on the road towards membership of the World Trade Organization (WTO). The government is engaged in a massive restructuring of the whole economy. Vietnamese authorities are still hopeful of securing WTO accession this December at a meeting in Hong Kong, China, but this target now looks unrealistic, considering bilateral differences with the U.S. over the speed of the communist government's economic and legal reforms.


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