Asia’s About to Spawn a New Tiger Economy: Good Morning, Vietnam

Perched along one of the world’s most crucial shipping routes, and with a young and growing population, Vietnam is -- once again -- being tipped for economic lift-off, after years of disappointment.

Money pouring into the Southeast Asian economy from the likes of manufacturers Samsung Electronics Co. and Intel Corp. is giving Vietnam a second run at becoming Asia’s next tiger economy. The country’s “Doi Moi” market opening in the 1980s ushered in spurts of growth in excess of 7 percent that waned in recent years after a pile-up of bad debt at state-owned enterprises.