January 13, 2009
Vietnam on a bumpy road to economic power

In the U.S., Vietnam has been largely out of public view in the three decades since the war. But during that time, Vietnam has gone through remarkable changes, and is now on the road to becoming an economic powerhouse.

Following a 2001 agreement with the U.S., trade between the countries has grown from $1.5 billion to $10 billion each year, and Vietnam has drawn many of the biggest U.S. firms.

But Vietnam also faces enormous challenges, with insufficient roads and infrastructure as well as significant inflation.

Worldfocus special correspondent Mark Litke and producer Ara Ayer travel to Vietnam, where an American Ford plant bustles outside of Hanoi.

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Comments

5 comments

#5

I have been traveling to Vietnam since 2002 and the year to year progress is quite evident. The people are curious, hard-working, willing to learn, and friendly. It’s more fun in peace time.

#4

I went back to Vietnam in April for a return/book research trip. I saw good, bad and ugly on the three week trip between Saigon to Hanoi. Read my blog at http://blogs.hdnews.net/vietnam/

#3

BUY DONG!

#2

The agreement of trading with the USA is a prove that this country is always helping other countries even if it is its own enemy.

#1

The agreement of trading with the USA is a rove that this country is always helping other countries even if it is its own enemy.

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