ezrapound Posted August 28, 2014 Report Share Posted August 28, 2014 Vietnam: It IS one of the fastest growing economies right behind China, but predictions show that the economy won't come close in VALUE compared to other world economies for many years to come. "According to a forecast by the PricewaterhouseCoopers in 2008, Vietnam may be the fastest growing of emerging economies by 2025, with a potential annual growth rate of about 10% in real dollar terms, which would increase the size of the economy to 70% of the size of the UK economy by 2050." (So in my opinion they have YEARS to go before the dong has REAL value.) You can thank Clinton for normalizing trade relations with the Bilateral Trade Agreement, which was a good shot in the arm for Vietnam. Crude oil is VN's leading export. Industrial sector contributes about 40% of the economy, services 38%. SOURCE: http://en.wikipedia.org/wiki/Economy_of_Vietnam Wow, having served 33 months in country there, I would have NEVER guessed their biggest export was crude oil. Maybe more like rice and VD... 2 Link to comment Share on other sites More sharing options...
moose 57 Posted August 28, 2014 Report Share Posted August 28, 2014 I have a spoon!! 1 Link to comment Share on other sites More sharing options...
dinarbeleiver Posted August 29, 2014 Report Share Posted August 29, 2014 8-28-2014 Newshound Guru Tlar PS: Sunday is the end of the week. Not Friday. [reference Tlar's post dated 8-27-2014] Link to comment Share on other sites More sharing options...
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