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How does Vietnam have the potential to become another Asian Tiger?

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Final answer:

Vietnam has the potential to become another Asian Tiger due to recent economic developments, market reforms, and a strong rural-to-urban shift.

Step-by-step explanation:

Vietnam has the potential to become another Asian Tiger due to its recent economic developments and growing population. The country has implemented market reforms, encouraging economic development and international trade. Additionally, Vietnam is experiencing a strong rural-to-urban shift, with urban centers transitioning to stage 3 of economic development, which indicates high urbanization rates. This, combined with globalization and foreign investments, has provided job opportunities and connected Vietnam with the global economy.

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User Md Zahid Raza
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