Is Vietnam considered an emerging market?

Is Vietnam considered an emerging market? What is an emerging market anyway? Back in the early 1980s, from a political “Western” perspective the world was geo-politically divided into three main areas: the first world, mainly Western hemisphere countries – divided by the imaginary line of the Iron Curtain – which were pro-US and pro-capitalism; the second world, mainly Eastern hemisphere countries, pro-USSR and pro-socialism; and … Read more