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Topic: History
Number of pages / Number of words: 7 / 1944
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See following chart for the Real GDP Growth in %.

Towards the end of the 90s many factors accounted for this slow down. Economics reforms were slowing as well. State owned enterprises and banks were becoming inefficient as well. This, along with a decrease in demand and consumption, a decrease in foreign and local investing, as well as a decrease in outputs all contributed to the slow down in economic growth...


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So, as this slow down became evident, changes needed were made in order to increase the GDP. In the year 2000, certain things happened which did in fact raise the growth in real GDP. The world economy was growing and manufacturing and commodity prices were improving as well. Along with a rapid growth in the industrial sector as well as the non-state sector Vietnam was able to recover from a slowing GDP growth quickly...


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