Political instability has gripped the highest echelons of Vietnam’s one-party system and freedom of speech continues to be suppressed, but state finances are healthy. Economic progression is set to outpace peers, but inflation is higher and the external sector faces short-term stress. Although incomes are rising, inequality will continue, but a growing populace will be supportive of consumption. Internet use is below some peers and innovation is lacking, but mobile subscriptions are sizeable.
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