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“The Economy and Business Environment of Vietnam” by Roderick Macdonald is a compelling read that provides an in-depth understanding of Vietnam’s rapidly growing economy. This book is a treasure trove of insights, challenging preconceived notions about Vietnam.
The book begins with an introduction to Vietnam’s economy and business environment, highlighting the country’s openness to trade and foreign direct investment. It emphasizes the increasing ease of doing business in Vietnam and the dynamism of its economy.
Macdonald’s study offers a comprehensive review of Vietnam’s economic strategy from 1975 onwards, encompassing reunification, efforts towards a centrally planned economy, and ultimately, reform under the Doi Moi Policy. It explores the growth of the private sector, the allure of foreign investment, and the unique aspects of marketing and finance within Vietnam.
This publication is an anthology of works penned by Vietnamese experts in the fields of economics, history, and commerce. It delves into subjects like the obstacles impeding the privatization of State-Owned Enterprises, the significance of Small and Medium Enterprises in global value chains, and the current status of financial services in Vietnam.
The book is highly recommended for scholars researching Vietnam and other Asian economies, as well as businesses looking to penetrate the Vietnamese market. It provides a unique blend of insights into economics, business, and policy.
In conclusion, “The Economy and Business Environment of Vietnam” is a comprehensive guide to understanding the intricacies of Vietnam’s economy and business environment. It provides valuable insights into the country’s economic growth, Asian economics, Asian business, global value chains, and business management in Vietnam. It is a key resource for anyone looking to explore opportunities in one of the most dynamic economies in the developing world.
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