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The recent reforms have created a major boom in the Vietnamese stock market as confidence in the Vietnamese economy is returning. Vietnam's current economic turmoil has given rise to question of a new period of changing political economy, however. [55] Poverty remains to be the main concern on the national performance index as of 2018.
The poor are disproportionately likely to be from an ethnic minority. The percentage of households with heads coming from ethnic minorities increased from 17,8 percent in 1993 to 40,7 percent in 2008. [27] The poor have limited education: people who have not completed primary education account for the highest rate of poverty. [27]
Vietnam's socialist-oriented market economy shares many common characteristics with the Chinese socialist market economy in its institutions and policies, combining fundamentally market-based economies with the predominance of state-owned enterprises, the coexistence of a vibrant private sector, a single-party political system, and the ...
The widely followed MSCI Emerging Markets Index is up year-to-date, but the 8.6% gain for that benchmark (as of June 2) isn’t enough for investors to be fawning for developing economies. However ...
Vietnam had an average growth in GDP of 7.1% per year from 2000 to 2004. The GDP growth was 8.4% in 2005, the second largest growth in Asia, trailing only China's. Government figures of GDP growth in 2006, was 8.17%. According to Vietnam's Minister of Planning and Investment, the government targets a GDP growth of around 8.5% for 2007.
Yesterday's more than 3% decline in the Nasdaq and 1.5% drop in the S&P 500 show how the market could react if both the blue (Big Tech earnings estimates) and green lines (the rest of S&P 500 ...
The primary social issues in Vietnam are rural and child poverty. Vietnam scores 37.6 in the Gini coefficient index of wealth inequality, with the top 10% accounting for 30.2% of the nation's income and the bottom 10% receiving 3.2%. In 2008, 14% of the population lived below the national poverty line of US$1.15 per day.
Waning rice supplies in Vietnam pushed export prices to a near two-month peak this week, while a strengthening domestic currency kept rates of the Thai variety high, subduing demand. Vietnam's 5% ...