February 26, 2025

Vietnam and the Middle Income Trap: Unpacked

There’s been a lot of talk lately about the risk Vietnam faces with respect to growth stagnating, and the country becoming stuck in the middle-income trap. Most of this talk, however, has focused on the level of GDP growth that needs to be reached and maintained rather than the specific policy and structural reforms needed. With this in mind, this article looks at what the middle-income trap is, how countries get themselves stuck in it and how they get out, and where Vietnam fits in a slightly more policy-focused discussion.

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French tourist arrivals in Vietnam increase in January

Vietnam welcomed 28,012 tourists from France in January, accounting for 1.4 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 15.3 percent rise from December and a 16.1 percent increase year-on-year.

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