Economy of Vietnam

The economy of Vietnam is a developing mixed socialist-oriented market economy. It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living. Vietnam is a member of the Asia-Pacific Economic Cooperation, the Association of Southeast Asian Nations and the World Trade Organization. Quotes While the government’s budget is occasionally made public, the [Vietnamese Communist P]arty’s finances remain classified under Vietnamese law. "Vietnam communist party budget is the elephant in the room as To Lam cuts costs", Radio Free Asia (June 2, 2025) In response to the wave of small business closures [done in fear or in protest against Decree 70 and related actions], state-run media have depicted shop owners as greedy and irresponsible, accusing them of choosing to shut down rather than fulfill their [taxational] obligations. Those reports have largely ignored the underlying issue of chronic corruption. Dư Lan, "Tax enforcement drive in Vietnam leads to mass closures of shops, small businesses", Radio Free Asia (June 11, 2025) External links Category:Vietnam Vietnam