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Vietnam’s Hubris Risks Unraveling Its Economic Boom

Vietnam's economy is on a roll. Hanoi, basking in the kind of praise that Southeast Asian peers won prior to the region’s financial crisis in the 1990s, wants still more rapid growth. But leaders should be careful — such enthusiasm might well hasten the boom's undoing.

Vietnam’s Hubris Risks Unraveling Its Economic Boom

Vietnam's economy is on a roll. Hanoi, basking in the kind of praise that Southeast Asian peers won prior to the region’s financial crisis in the 1990s, wants still more rapid growth. But leaders should be careful — such enthusiasm might well hasten the boom's undoing.

Intelligence Bloomberg Aug 19, 2026

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