Other Voices

In the last two decades, Vietnam has gone through major changes in economic system and institutional system. These changes have sky-rocked the growth of non-SOE and attracted more foreign investments, while decreasing a considerable number of SOE through process of privatization or dissolve. In 2009, non-SOEs were accounted for over 96% of total firms and contributed about 46% to the GDP, while foreign firms and SOE were accounted about 2.4% and 1.6% of total firms, but respectively contributed 19% and 35% to GDP.

The world seems to be caught in a vortex of bifurcations, that may land us in a very different environment, with much more uncertainty and perils.

Georgia’s new government is taking its first steps in building a new relationship between Georgia and its northern neighbor. However, opinions vary on the likelihood of its success. Some analysts predict that the dialogue between Moscow and Tbilisi will be very modest and will be limited to improved economic, trade and cultural relations. Others believe that the new Georgian government will make significant concessions in this pursuit to achieve its goals. The Georgian Dream however, believes that it will successfully manage a deal with Russia.