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Vol 3 (AAC) No 10

Published 1st August 2010


Hanoi's great leap forward

Although Vietnam lacks the investment billions of Asia's mega-economies, its development gains offer important lessons for Africa

The startling growth of its economy in the three decades after its war with the United States means Vietnam's strategies are of huge interest to many African states, war-torn or otherwise. In the past decade, Vietnam's economic growth has averaged over 6% a year - Africa's has been just over 5% - but its agricultural and manufacturing economy is far more diversified than its African counterparts.

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