According to the IMF’s (International Monetary Fund) 2020 year-end reports, Vietnam’s per capita income increased by $3,500, surpassing the Philippines’ $3,380. This success may be traced back to Vietnam’s adoption of Doi Moi policies in 1986, which aimed to transform the country into a market-led socialist economy. Despite suffering severe consequences as a result of …. View detail https://blog.efex.asia/vietnam-vs-philippines-economy/