Vietnam’s Economic Growth in 2011-2017: Hot-button Issues and Suggestions

Abstract

Vietnam’s economic achievements in 2011-2017 have created positive grounds for targeting rapid growth of the whole period 2011-2020. This paper, however, aims to provide an in-depth discussion of the hot-button issues that have dominated the country’s economic growth both in terms of quantity and quality from a reverse angle of such achievements. These issues include a manufacturing-based growth model, heavy reliance on foreign direct investment, and poor growth performance. Such “dark sides” have, to a certain extent, impeded our economic growth, and it is essential that breakthroughs should be made in the coming years in order to achieve rapid, sustainable and highly efficient growth.