Abstract
In the reports of international organizations and economic researchers, there seems to be "common formulas" for the advance economies of Korea, Taiwan, and Singapore. It is not necessary to think of different theories and policies, but to make a determination, to drastically implement the signs, experiences, lessons and universal values of the "tigers" that go ahead. The leader of Singapore's transformation summarized the principle of a nation's success as having a decisive leadership class, an effective management apparatus and a disciplined society. To turn tigers, Vietnam needs to achieve a growth rate of 7% or more over the next twenty years. So how to achieve that goal, avoiding going into the car's woes of economies that have fallen into the middle-income trap. Only with such a growth rate can Vietnam be in the best position to protect its independence and sovereignty.
Highlights
In 1996, after the US normalized relations with Vietnam and Vietnam to join ASEAN the previous year, along with witnessing the economic growth rate of over 8% of Vietnam in a few consecutive years, a prestigious Asian economic and political magazine at that time had an analysis, saying that Vietnam could be a new economic tiger in Asia [1][2][3]
In the last two years, with the economic growth rate increasing to 7%, Vietnam has been again called by the economic experts, investors and the press
Authors are with Ho Chi Minh City University of Transport, Ho Chi Minh City, Vietnam
Summary
In 1996, after the US normalized relations with Vietnam and Vietnam to join ASEAN the previous year, along with witnessing the economic growth rate of over 8% of Vietnam in a few consecutive years, a prestigious Asian economic and political magazine at that time had an analysis, saying that Vietnam could be a new economic tiger in Asia [1][2][3]. In the last two years, with the economic growth rate increasing to 7%, Vietnam has been again called by the economic experts, investors and the press It seems that every time the world expects Vietnam to become an Asian economic tiger, we miss the train [4]. In 2017, Vietnam achieved a growth rate of 7.1%, the highest level in a decade and the first time higher than China in nearly thirty years. Exciting commercial activities make Vietnam one of the largest open economies in the world, with a trade rate of over 200% in the year
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