Walking around in Ha Noi, Viet Nam’s capital, you can feel boundless energy everywhere. People whiz by on scooters, buy and sell everything from phones to food in the countless small shops, and run to and fro to get to school or work. Viet Nam is young, growing, and anything feels possible. It wasn’t always … Continue reading “The story of Viet Nam’s economic miracle”
Viet Nam: A Top 10 Recipient of Remittances
According to the World Bank, Viet Nam ranked a close 9th to Bangladesh in 2016 in total remittances with an infusion of $13.4 billion. With a 2016 GDP of $202.6 billion this means that 6.6% of Viet Nam's GDP was attributed to remittances. (See GDP definition below.) Where Does the Money Go? According to the … Continue reading Viet Nam: A Top 10 Recipient of Remittances
Vocational Education & Training in Vietnam: Opportunities & Untapped Potential
Last summer, the Asian Development Bank (ADB) announced that it was providing $70 million in loans for the Viet Nam Skills Enhancement Project, which will offer training programs in priority industries in cooperation with the private sector. As in other countries, vocational education and training is “low prestige” and therefore not attractive to most high … Continue reading Vocational Education & Training in Vietnam: Opportunities & Untapped Potential
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