Get rich, quick: Vietnam's next revolution

快速致富:越南的下一场革命

The Intelligence from The Economist

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2025-05-23

24 分钟
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The country's leader is in a mad rush to transform his country into an upper-middle-income powerhouse before geopolitical forces stall its rise. America's army is being thinned out; we examine the risks of putting both weapons and generals on the chopping block (10:12). And remembering Ed Smylie, who saved the crew of Apollo 13 with a delightfully low-tech plan (17:47). 
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  • The Economist Hello and welcome to The Intelligence from The Economist.

  • I'm your host, Jason Palmer.

  • Every weekday we provide a fresh perspective on the events shaping your world.

  • America's Secretary of Defense is on a ruthless clean-up mission with the Army.

  • mixing kit at a prodigious rate and clearing out the highest ranks.

  • Our defense editor says that, perhaps unsurprisingly, that comes with big risks.

  • And Ed Smiley spent decades at NASA,

  • working on the most high-tech tech of the early spacefaring age.

  • But our obituaries editor looks back at what made him famous,

  • a life-threatening problem and the most low-tech solution imaginable.

  • First up, though.

  • Vietnam has enjoyed one of Asia's greatest economic success stories.

  • It opened up to the world in the late 1980s and has become a manufacturing powerhouse in industries from sneakers to smartphones.

  • But To Lam, Vietnam's new leader, talks sharply of challenges ahead.

  • Earlier this month, he rang a now familiar note of urgency,

  • saying Vietnam cannot rest on its laurels, it cannot delay.

  • What he's in such a hurry for amounts to the most sweeping economic overhaul

  • since the country embraced the open market four decades ago.

  • Tollam wants to make Vietnam a rich world country by 2045.

  • That's a hard thing to do.