Vietnam needs strong action to escape ‘middle-income trap’
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Standing by her pushcart hawking cassava cakes on Ho Chi Minh City’s Bui Thi Xuan Street, Anh laughs when she hears she is in the World Bank’s “middle income” bracket. A view of Le Loi Street in downtown HCMC.She earns more than VND30 million (US$1,630) a year against Vietnam’s 2008 per capita income of about [...]
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