Viet Nam's external deficit has risen to 10 per cent of GDP, a level which although still funded by capital inflows is causing alarm to donors, particularly in light of East Asia's financial crisis. The paper argues that the problem may be self-correcting where capital inflows are directed...

Results of Vietnam's first large-scale household survey show the incidence of absolute poverty in to be widespread, concentrated in the countryside and quite variable between geographical regions; moreover, the average poverty incidence is considerably higher in Vietnam than most of its...