Vietnam’s growth is fast—but fragile

越南增长迅速——但脆弱不堪

Economist

2026-01-08

31 分钟
PDF

单集文稿 ...

  • Welcome back.

  • We've got a fascinating stack of material in front of us today.

  • All pointing to one thing, this huge ambitious declaration

  • coming out of Vietnam what they're calling an era of national rise.

  • It's more than just a catchy phrase or economic forecast.

  • This is a statement of national intent,

  • carefully choreographed and backed by colossal financial commitments.

  • We see a lot of countries try to make these bold economic pushes

  • but what's so interesting here and what the sources highlight is the transparency.

  • Vietnam is telegraphing its entire strategic direction for everyone to see.

  • From massive infrastructure spending right down to specific changes in regulatory reform.

  • Which makes this whole thing a blueprint.

  • It's a fascinating blueprint for anyone tracking global markets

  • showing how a state can try to engineer high-speed development.

  • Exactly our mission for you today.

  • We're going to do a deep dive into that blueprint.

  • We want to go beyond the breathtaking scale of the construction projects.

  • Which are incredible.

  • But we need to really understand the sophisticated financial gears

  • that are turning this whole machine.