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The End of the Vietnamese Miracle

HO CHI MINH CITY – In what was once one of Asia’s most exciting emerging markets, Nguyen Van Nguyen sees only gloom ahead. Since 2008, his business in southern Vietnam’s economic capital has suffered through two volatile bouts of inflation, peaking in August 2011 at 23 percent — at the time, Asia’s highest inflation rate.

By Geoffrey Cain
Foreign Policy

Jul 11, 2012

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Analysis: Vietnam needs to cool it

HO CHI MINH CITY, Vietnam — Four years ago, the future looked bright for Vietnam. Investors and economists proclaimed that this emerging market of 86 million people would grow into an “Asian tiger,” the next country to reach middle-income status by attracting foreign investment.

By Geoffrey Cain
PRI’s The World

Oct 19, 2011

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