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In this video, we thought we’d take a look at Vietnam’s economic miracle; what’s driving it; and how it’s weathered the protectionism we’ve seen in recent years.
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0:00 Intro
0:52 Vietnam’s Boom in Numbers
3:16 1. Free Trade
4:43 2. Human Capital
6:30 3. Political Stability
Sources
Vietnam rice exports over time
https://fulcrum.sg/vietnams-rice-land-restrictions-time-for-a-rethink/
GDP data
https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=TH-VN
https://data.un.org/Data.aspx?q=Viet+Nam+gdp&d=SNAAMA&f=grID:101;currID:USD;pcFlag:1;crID:704
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?end=2024&locations=VN-KH-LA-PH-ID&start=1990
https://www.bloomberg.com/news/articles/2026-01-05/vietnam-economy-expands-8-46-despite-tariffs-beating-estimates
https://www.ft.com/content/fa1db5ce-8f65-4b28-ab6d-b78730f98195
Trade liberalisation data
https://www.weforum.org/stories/2018/09/how-vietnam-became-an-economic-miracle/
Export data
https://www.ft.com/content/07f78a64-5966-423c-ab8e-595e41b9c31c
https://tradingeconomics.com/vietnam/exports-by-country
Trade as % of GDP by country
https://ourworldindata.org/grapher/trade-as-share-of-gdp?tab=line&country=OWID_WRL~CHN~IND~USA~VNM~THA~MYS
Human capital data
https://www.ft.com/content/07f78a64-5966-423c-ab8e-595e41b9c31c
PISA rankings 2022
https://www.oecd.org/en/publications/pisa-2022-results-volume-i-and-ii-country-notes_ed6fbcc5-en/viet-nam_a727c3a8-en.html
