V is for Vietnam

Like most export-orientated developing countries, Vietnam was hit particularly hard by the GFC. But the economy now looks on the verge of an impressive V-shaped recovery – as long as it can keep inflation under control.

It might be difficult to remember given the chaos of the past two years, but in late 2007 Vietnam was one of Asia's emerging stars, with GDP growth largely in line with that of China. But within months, like most export-orientated developing countries, it was hit particularly hard as the GFC unfolded.


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