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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]
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 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.
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 ...
This article originally appeared on GOBankingRates.com: Warren Buffett: 10 Things Poor People Waste Money On. Show comments. Advertisement. Advertisement. In Other News. Entertainment.
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.
Anhao Paper Factory, 1961. South Vietnam had a small industrial sector and fell far behind other countries in the region in this respect. [1] Output increased 2.5 to 3 times over the 20 years of the country's existence, but the share in total GDP remained at only around 10%, even dropping to 6% in some years, while the economy was dominated by strong agricultural and service sectors. [1]
General Motors' (GM) hot stock has sprung a leak after its latest earnings report on Tuesday. Shares of the auto giant fell as much as 11% on Tuesday and closed down 9%. It marked the worst day ...
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