This is my opinion as an observer only.
1. Vietnam has an advantage of being a pivot country. It can pivot upwards to EA nations, or pivot sideways to IndoChina nations, or it can also pivot southwards to core SEA nations.
2. Vietnam, anthropologically speaking, in my racist opinion, is of higher stock and ability than all the ASEAN countries, with the exception of EA-society majority Singapore.
3. Vietnam is positioned very well in the world's highest growth area. It has an advantage of being in close proximity and close cultural distance to mature tigers (JP, SK, TW, HK, SG), new tigers (ML, INA, TH), and even newer tigers (CHN and VN itself). This means the flow of business, trades, inflow of ideas and goods, is assured. Vietnam is easy to benefit from the ripple-effect and trickle-down effect of the dynamic region.
4. Being close to Asia's largest country and highly growing country, Vietnam has an interest of linking and maintaining close relation to its northern neighbour. In this way, it will have an extra wing which it can take advantage of, to help it fly and takeoff.
5. After ASEAN-China free trade agreement, and the coming further tighter regional integration, with the possibility of EA (NEA and SEA) integration, it means Vietnam will experience rapid growth in the future.
6. Let us discuss the constitution of Vietnamese society.
e. other groups
With each of these groups, Vietnam is able to forge links and receive cultural, business, and technological know-how, from north, sideways, and southwards.
7. Vietnam has one of the world's largest diaspora (behind Chinese and Indians), which means they are a potential source of network hubs and pods which can help transport and transfer the world's resources (soft and hard resources) into Vietnam core.
It also has an advantage of having the world's biggest diaspora, Hoa community, and overseas Hoa, who can wear the hat of both Chinese or Vietnamese cultural identity, enabling an easier soft-goods traffic.
Now let us discuss the difficulties and limitations of Vietnam.
8. It has a long, thin, vertical geographical shape. At each step, there is regional differences and local cultures of the peoples. The classifications can be set as thus:
9. To embed and integrate the nation, and truly unleash its potentials as a united collective heft, the most pressing task for now and coming future, is the development of infrastructure, both hard and soft (bridges, roads, as well as national media and language)
8. I forgot what else, feel free to add.
9. Thank you and please no flaming.