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Did we catch up to other countries yet?

2007-05-03 12:16:06 · 12 answers · asked by Lan T 2 in Travel Vietnam Other - Vietnam

12 answers

Economists use GDP to measure a country's economic strength or wealth)

If we look at the GDP for 2000, Vietnam was ranked 37 out of 181 countries, per capita, however, was ranked 133.

http://aol.countrywatch.com/includes/grank/globrank.asp?TBLS=PPP+Method+Tables&vCOUNTRY=17&TYPE=GRANK

In 2002, Vietnam moved up to 108
http://globalis.gvu.unu.edu/indicator.cfm?IndicatorID=19&country=VN#rowVN

The GDP growth in Vietnam is characteristic of the region and with the continuing foreign investments, Vietnam's economy will continuing to grow.

2007-05-03 12:33:20 · answer #1 · answered by ? 7 · 0 0

VN is still a developing country and it may take at least 50 years or more to get present level of developed world. Even VN can catch up with others in terms of GDP per capital (PPP or not), it need much more time for social security systems, human related matters, environment... Loooooooooong way to go!

2007-05-03 22:49:18 · answer #2 · answered by duongphh 2 · 1 0

both the Peoples Republic of China and Socialist Republic of Vietnam pay lip-service to Communism. although the heart of Communism is a command-economic equipment the position the administration (a minimum of tries) to distribute the wealth gently. It not in any respect worked, yet both the percentand Vietnam in the present day do no longer even attempt. both one among their economies are a changed type of a free-marketplace economic equipment which surely succeeds in spreading the wealth extra gently over the longer time period. yet there is not any human economic structure that is going to effectively speared it with finished evenness. you're excellent, countless lives were lost attempting to impose the Marxist Utopian dream on the persons of the international in the course of the 20 th-century. practically 100 and fifty,000,000 lives. contained in the suitable they failed.

2016-11-25 00:12:42 · answer #3 · answered by ? 3 · 0 0

Vietnam is still a poor country, just because the goverment

2007-05-04 18:56:28 · answer #4 · answered by Sυ$ιє 5 · 0 2

I feel Vietnam is a very upcoming country and their economy is booming. It will be the power house in SE Asia in the near future.

cheers

2007-05-03 14:44:22 · answer #5 · answered by flightmedicine 5 · 3 0

Vietnam has changed greatly since the "open door" policy was introduced in 1987.. Change has been more pronounced in the last five years and rapid in the past two

2007-05-03 23:50:44 · answer #6 · answered by Neighbour 5 · 1 0

The salary of the average Vietnamese is 5 dollars a day. There are however many rich Vietnamese who drive cars, live in Villas etc. The cities are modern but the countryside quickly reverts to the middle ages in many areas. Vietnam is both rich and poor.

2014-07-22 22:58:04 · answer #7 · answered by Kit Kat 5 · 0 0

yes Vietnam is still a poor country that's why the have war there the troops fight at the poorest place.

2007-05-03 12:20:31 · answer #8 · answered by SPONTANEOUS SYDNEY 2 · 0 4

it still counted as a developing country. a long way to go

2007-05-03 16:34:05 · answer #9 · answered by timbo_boi15 4 · 1 0

Vietnam isn't poor. It's just not HIGHly tech yet. The schools there are better than America's.

2007-05-03 12:20:04 · answer #10 · answered by LEAH 3 · 1 6

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