Part 1/11:

Vietnam's Economic Transformation: From Poverty to Potential

Vietnam, once among the poorest nations in the world, has undergone a monumental transformation over the past several decades. Emerging from decades of war and a rigid, centrally planned economy, the country faced staggering challenges: over 70% of its population lived in poverty, experiencing widespread food shortages and malnutrition. With a GDP per capita of a mere $100, the economy was stagnating, with annual growth rates barely moving the needle at 2-3%.