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  • 1. Half-way from rags to riches April08 Anita Pan2008/5/26

2. Half-way from rags to riches

  • 1986 (Doi moi economical liberalization ) 22 2020
  • middle income trap?
  • ( : )

3.

4.

5.

  • 1975
  • 94%, 90
  • $5.4B ( )
  • 6
  • 5

Some facts about Vietnam 6. Some facts about Vietnam

  • 2000 2007 221
  • 2000
  • 1/3
  • 1994

7.

  • Vietnam has provided the world with an admirable model for overcoming war, division, penury, and isolation, and growing strongly butequitablyto reach middle income status.
  • The Vietnam model could be followed by African states, North Korea, and even China.

8. What has Vietnam achieved?

  • 80
  • 1986 Doi moi

9. What has Vietnam achieved?

  • until 1994
  • WTO APEC UN Security Council

10. What else has come along?

  • 2006 orz
  • ( 2010 )

11. What else has come along?

12. Other things could go wrong

  • :

13. A bit of everything

  • casting around for role models, then trying to meld the best aspects of several of them into something uniquely suited to Vietnam

14. A bit of everything

15. A bit of everything

  • more moderate than China
  • 1.
  • 2. ( )

16. A bit of everything

  • ( copy 100% )
  • ( )

17. A bit of everything

  • The collars not matching the cuffs
  • :

18. Two wheels good, four wheels better

  • 1/3 ( $100)
  • World Bank $3,300 (1) (2)

19. Two wheels good, four wheels better

  • : 2/3
  • 20 Gini Coefficient ( )

20. Two wheels good, four wheels better

  • M
  • 30% 20%
  • Rising prices and a growing shortage of affordable housing may be helping to create a new low-paid underclass.

21. Entrepreneurs unbound

  • (90 12,000 2,000 )
  • 2010, 500 ( )
  • (Vietcombank vs HSBC)
  • : GE

22. Entrepreneurs unbound

  • VINAMILK:

23. Entrepreneurs unbound

  • THP: Khong Do (Zero Degree) Carbonated Tea
  • THP Thanh
  • Number 1

24. Entrepreneurs unbound

  • VTI (Highlands Coffee Chain)
  • : $4 I have arrived

25.

  • Private firms are bounding ahead despite bureaucracy, corruption, poor regulation, a feeble legal system, and a cracking infrastructure
  • A few promising Vietnamese firms are trying to professionalize their management, BZ plans, and marketing strategy to reach for the world-class status.

26.

  • Investors excited by opportunities in Vietnam should notethat standards of corporate governance are pitiful. Some companies accounts are works of fiction.
  • Political risk is also significant.

27.

  • 1
  • ( )

28. From Basket case to rice basket

  • 80
  • 70%

29. From Basket case to rice basket

  • 2100 1/8

30. Revealing its hidden charm

  • 4.2M

31. Revealing its hidden charm

  • (Intercontinental, Accor )
  • :
  • SPA

32. Revealing its hidden charm

  • :

33. Revealing its hidden charm

  • :
  • 1.
  • 2.

34. We want to be your friend

  • ( APEC WTO UN security Council)

35.

  • Despite heavy investment by Taiwanese firms in Vietnam, the Hanoi government continues to appease Beijing by firmly supporting a one-China policy. With their own country having so recently been reunited, the Vietnamese feel obliged to support a close neighbor that harbours similar ambitions.

36.

  • Vietnam is clearly not in the pocket of a former colonial power, it is more likely to be listened to.
  • If the country can show other starving and war-ravaged mations how to escape from their predicament, its seats at the diplomatic top table will be deserved.

37. How long can the party last? ?

  • Doi moi 22

38.

  • The danger is that Vietnam may end up like other South East Asian countries, stuck firmly in the middle-income trap it is trying so hard to avoid, and suffering from predatory elites, weak institutions, crony capitalism, and a pseudo-democracy.

39.

40.

  • Thank You!

41.

  • The company is promoting a Pure Premium fresh milk brand that costs 10% more than the equivalent product of Dutch Lady.
  • Vietnam moved up from 6th to 4th place in the league table of the worlds fastest-growing destinations. Last year, it had 4.2M foreign visitors, 16% more than in 2006.

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