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Women work at a garment factory in Thai Binh province, Vietnam.
Podcast

The story of Vietnam’s economic revolution

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In 1992, 53 percent of Vietnam’s population was living in extreme poverty according to World Bank estimates. Today, that number is less than 2 percent.

In this episode of Dollar & Sense, Senior Fellow David Dollar is in Hanoi, Vietnam to interview Madame Pham Chi Lan, the former secretary general of the Vietnam Chamber of Commerce and Industry, about the reforms that underpinned Vietnam’s economic revolution. Dollar and Madam Lan discuss how Vietnam opened itself to foreign trade and direct investment, the rise of the country’s private sector, and the repercussions of the U.S.-China trade war.

Related content:

Southeast Asia: Caught in the middle of US-China competition

The Hanoi summit shines a light on the “Vietnam model” of development

Pham Chi Lan – Lessons for researchers

Economist Pham Chi Lan: ‘Policy discussions should be honest and forthright’

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