Mate, I thought about writing answer to you, but then I saw other interesting threads, too. It will take me too long to answer you line by line! So do read the article here about the bank's assessment of VN. It is more current than your article.
Vietnam to Lower 2008 Economic Growth Target
April 3, 2008 - 04:40 a.m.
HANOI, Vietnam (AP) - Vietnam plans to lower its economic growth target for this year as the Southeast Asian country faces with many "disadvantageous factors," state media reported Thursday.
Vietnam, which recorded gross domestic product growth of 8.5 percent last year, had targeted economic growth of 8.5-9 percent for this year.
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Facing with many disadvantageous factors, the government was expected to propose to the National Assembly to lower economic growth target and adjust inflation target to make it suitable to the situation," Thanh Nien (Young People) newspaper quoted Minister of Planning and Investment Vo Hong Phuc as telling a government meeting Wednesday.
He did not elaborate on what he meant by "disadvantageous factors."The government is now considering cutting that target to 6.5-7.5 percent growth and tries to rein in inflation lower than last year's inflation of 12.3 percent, he said. The official forecast needs approval from the legislature when lawmakers meet in May to discuss the economy.
The Asian Development Bank on Wednesday said slower global growth will drag on Vietnam's growth this year but inflation will keep soaring throughout 2008.The bank predicted that Vietnam's economy would grow 7 percent in 2008, down from its earlier forecast of 8.5 percent.In March, the consumer price index was up 19.2 percent from a year ago, lifted by higher prices for food and fuel.
The minister said the government is emphasizing on anti-inflation efforts and urges all state organizations to cut their spending this year by 10 percent.
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Despite Japan was labeled as a Democracy is was more of a Virtual Autocracy because it has a huge party that dominated all other parties and make them nearly voiceless, just like S Korea and Singapore todayNo one says democracy government have political parties sharing power equally. In essence, the dominated party is voted in by the majority of votes. It's the voting process that distinguish a democracy w/ a dictatorship where either the votes are rigged or never allowed to vote, or accepting leadership through intimidation. Voting make politicians have more accountability, eventhough it doesn't stop corruptions totally. Oppositing minority parties may not be able to influence decision making process, but the existence of their voices in the public arena through the free press ensures nothing is overlooked for the gain of any group, and the public is not in total ignorance.
It is the capitalist economy coupled with Japan capability that move them out of poverty miraculously fast. Vietnam, on the other hand, was never received the same treatment as Japan; thus, it can't achieved as much as Japan as in the late 40's or early 50's.Mate, the miracle of Japan economy didnot happen until the 1980's. Whose fault was that to chose a communist style of economics developments for VN in 1975, when the Americans offered to normalize diplomatic relationship w/ the VCP right after the war? If the VCP took the opportunity to join hands w/ their former enemy, as they are doing now in a much different world and from a much disadvantage position politically, I have no doubt that VN had caught up w/ S. Korea by now. S.VNam had up to that point, all the basic structure for a market economy, which was completely dismantled by the communist regime in the first 5 years of their reign in the South. Its entire educated class, those who were most capable of rebuilding the nation, were in reeducation camps, lost their jobs, or scattered all over the world. Replacing them were people who absolutely knew nothing of running a market economy but had absolute decision making power.
I am fascinated by LaDalat car that you mentioned. Was it a Vietnamese design?No, it is not of Vietnamese design, but based on a French model. However, it was ensembled, using foreign components, in Dalat, and used widely in S. VN by the common folks. The richers would drive foreign imported car (like a relative of mine, owning one of the only 3 MGB in Saigon at the time). At the same period, HCM was wishing for an automatic fan to cool himself down in his wooden house in the North, and cars were only for highest party members. (Just so you can visualize the differences in the standard of living in the 2 regions.)
I am still open to hear any basic plan Mate, let's have freedom of press first, then others will follow.

Why do you think the regime forbids absolutely private newspaper? Why talk more plans while we don't even have the basic first? You have been intentionally avoid pointing finger at the VCP, by only focus on the economy. You can't discuss one w/o the other because they are interwined. As the Singapore's PM had compared to the 2 wheels of a cart. The cart may move w/ only 1 wheel, but does so very slowly and the pusher may be exhausted before he reachs his goal. Or worse, on a bumpy road and w/ a heavy load, the one-wheeled cart just crashes regardless how hard its pusher would wish otherwise. I hope you get my point, mate!