CFR.org | The Vietnamese Boom

More than three decades after the fall of the U.S. backed South Vietnamese government in Saigon, the Socialist Republic of Vietnam is experiencing an economic boom, and is poised to become the 150th member of the World Trade Organization (WTO). Last year China was the only Asian country to surpass Vietnam in terms of GDP growth (NYT). This new Backgrounder takes a look at Vietnam’s startling economic expansion.´╗┐

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