Since 1990, the GDP per capita in Vietnam has been increasing. It increased from $95 to nearly $2700 over a 30-year period, despite the fact that its population only increased by 25%. Even after accounting for inflation and local purchasing power, Vietnam saw a fourfold increase. Over this time, the poverty rate has dropped from 60% to less than 5%.
with the country emerging as a major exporter. It's worth noting that Samsung, the Korean electronics behemoth, accounts for nearly all of the country's exports. As a result, Vietnam's economy has become a model for economic development. Almost all indicators are increasing dramatically. How did this formerly war-torn country transform into the only significant Southeast Asian economy to avoid a recession in 2020 in less than 30 years?

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