Bloomberg Considers Vietnam as “New Tiger” in Asia

AFTER SEVERAL DISAPPOINTING YEARS, BLOOMBERG SAID THAT VIETNAM’S ECONOMY IS CONTINUOUSLY EMERGING IN ASIA, WITH THE ADVANTAGE OF A YOUNG WORKFORCE AND IMPRESSIVE GROWTH. According to the news, the large corporations as Samsumg, Intel have poured money into the factories in Vietnam leading Southeast Asian countries to emerge as new tiger in Asia. After renovation in the 1980s, Vietnam’s economy has grown rapidly, exceeding 7% before leveling off in recent years due to the increase in bad debt from the state sector. According to PricewaterhouseCoopers...

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