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VIETNAM - Coggle Diagram

- - - - power is government centred
  - - - to progress and the utilization of various market-oriented measures
        
        liberalization of the domestic market
        
        encouragement of foreign direct investment (FDI)
        
        private sector
        
        reduction in subsidies to state-owned enterprises (SOEs)
- - - - the population age 55 and above in vietnam accounted for nearly 15% of the total population.
        
        the country birth rate continually declined , standing at less than 2%
        
        the Vietnamese economy also needs to adapt to respond to a declining labor participation rate , increasing cost of healthcare for elderly.
    - - Vietnam had more than 200 individuals whose net worth was over $30 million
        
        predicted that until 2026, Vietnam would have 540 super-rich people and 38,600 millionaires
        
        one of the fastest growth rates in the world
      - 7% of the country’s population lived below the national poverty line
      - 2.6% lived below $1.9 per day
      - rising economic inequality can be easily spotted in big and crowded cities in Vietnam such as Ho Chi Minh City
    - - many Vietnamese people move abroad
        
        losing their most talented and brightest people to other countries
    - - making money at all costs immediately can be disheartening and unethical
    - - Vietnam’s public debt to GDP ratio has consistently grown over the past 10 years, amounting to 61.8% in 2017.
    - - the country was among the poorest performing countries in terms of transparency
        
        ranking 107 among 180 nations
        
        score of 35 out of 100
    - - water , air pollution
    - - in 2017, there were 139 mass food poisoning outbreaks
        
        3,869 people affected
        
        24 fatalities
- - - - Vietnam Chamber of Commerce and Industry (VCCI)
      - Vietnam Cooperative Alliance (VCA)
- - - - EU-Vietnam Free Trade Agreement (EVFTA)
      - EU-Vietnam Investment Protection Agreement (EVIPA)
      - Regional Comprehensive Economic Partnership (RCEP)