Blowing in the trade winds
Will an American-led trade deal aid Vietnamese reformers?
BY SOME measures, Vietnam’s economy is moving at a brisk clip. The double-digit inflation that prevailed in 2011 has subsided, and exports of textiles and electronics are booming. Foreign direct investment is up by 36% year-on-year, according to Fitch, a ratings agency.
This article appeared in the Asia section of the print edition under the headline “Blowing in the trade winds”
From the October 19th 2013 edition
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