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Vietnam
Navigating a Rapidly Changing Economy, Society, and Political Order
In the late 1980s, most of the world still associated Vietnam with resistance and war, hardship, refugees, and a mismanaged planned economy. During the 1990s, by contrast, major countries began to see Vietnam as both a potential partner and a strategically significant actorâparticularly in the competition between the United States and an emerging Chinaâand international investors began to see Vietnam as a land of opportunity.