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Japanese economist Kenishi Ohno says Vietnam has fallen into the feared middle income trap — perpetual stagnation after stalling on the past to prosperity.
He says the country faces a social crisis because it failed to heed warnings six years ago. 177 more words
Vietnamese authorities are disappointed by the results of this year’s initial public offerings of state-owned enterprises. The companies were able to sell only 27% (84 million) of the more than 300 million shares offered –and foreigners bought only 10 million. 162 more words