Author: Pham Duy Nghia, Fulbright University Vietnam

Vietnam’s growing economy is one of a very few recent global success stories. With a population of 95 million people and with GDP approaching US$8000 per capita, Vietnam is home to millions of private businesses and has become an attractive destination for foreign direct investment. The lives of millions of Vietnamese have improved, poverty has fallen and by 2035 more than half of Vietnam’s population are projected to join the ranks of the global middle class.