, while others have simply disappeared. This report argues that Vietnam should not envision a return to the old normal, but … communicate. The new normal for Vietnam will depend on many factors, but it will be to a large extent shaped by the way the … fiscal policy. Yet, by being ahead of the curve, Vietnam has a unique opportunity to increase its footprint in the world …

Vietnam is at a crossroads. It can grow as an export platform for GVCs, specializing in low value-added assembly … functions with industrialization occurring in enclaves with little connection to the broader economy or society; or it can … the chain into higher value-added functions. Success will require Vietnam's policymakers to view the processes of …