Hanoi Accelerates Courtship

July 2006 | Economic Analysis

One of the more extraordinary examples of the 'South-South' investment phenomenon is underway in Southeast Asia. Laos is increasingly reliant on aid and investment from neighbouring countries to support burgeoning macroeconomic and infrastructure expansion. While China's growing commercial clout throughout Asia, and indeed much of the EM universe has been well documented, Vietnam is steadily establishing itself as a prime benefactor. We see enormous scope for a broadening of links, in light of shared cultural and political history and the ongoing rise of

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