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1. The Missing Middle: A Political Economy of Economic Restructuring in Vietnam

Author:
Matthew Busch
Publication Date:
12-2017
Content Type:
Commentary and Analysis
Institution:
Lowy Institute for International Policy
Abstract:
Despite impressive economic performance, Vietnam’s strong trade and investment gains have yet to fully overcome the vestiges of its economic past. Economic restructuring and greater integration with the international economic system has brought Vietnam impressive gains in wealth, trade, and investment. Such efforts have not, however, resolved Vietnam’s ‘missing middle’ or the lack of a productive domestic private sector and the continued dominance of the state-owned sector. While these challenges represent a risk to Vietnam’s future growth potential, initiatives such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership provide an opportunity for further trade and investment expansion.
Topic:
Economic growth, Trans-Pacific Partnership, Investment, Trade, and Private Sector
Political Geography:
Asia, Vietnam, and Southeast Asia

2. US-Vietnam Relations Under President Trump

Author:
Huong Le Thu
Publication Date:
11-2017
Content Type:
Commentary and Analysis
Institution:
Lowy Institute for International Policy
Abstract:
Under President Obama the bilateral relationship between the United States and Vietnam flourished. Despite some misgivings about the future direction of US policy in the region under President Trump, Hanoi is working hard to ensure that the relationship continues to expand. With the key elements of President Trump’s Southeast Asia policy still unclear, the president’s visit to the region comes at a critical moment. This is especially the case for Vietnam whose bilateral relationship with its former adversary, the United States, developed significantly under the Obama administration. While Hanoi was disappointed with President Trump’s abandonment of the Trans-Pacific Partnership, there are strong signs that the relationship will continue along a positive trajectory.
Topic:
Foreign Policy, Politics, Bilateral Relations, Trans-Pacific Partnership, Donald Trump, and Barack Obama
Political Geography:
Vietnam, North America, Southeast Asia, and United States of America