Why Vietnam's outlook isn't all doom and gloom

There are quite a few people who take a doom and gloom perspective on Vietnam, particularly when it comes to its balance of payment outlook. You are more optimistic. Why
I think people put too much stock in the headlines without really understanding how Vietnam’s economy works. While challenges exist, fears are overblown. Many focus on the trade deficit of about $12 billion for 2010, or 12% of gross domestic product GDP, but few see that the deficit is more than compensated by inflows of about $11 billion in foreign direct investment, $8 billion in remittances and $2 billion in official development assistance, giving us in theory net inflows of roughly $9 billion, or...