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(Not) Understanding Vietnam

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If you want to understand why Vietnam is mired in economic instability, I'd urge you not to read this story on the state-owned Voice of Vietnam news website.

The story - an interview with a national assembly member headlined: "Why are gold and USD strictly controlled?" - meanders around the subject, adding new layers of confusion with each paragraph.

Perhaps it's just a bad translation - I know official Vietnamese can be very tough to render into crisp English.

After circling round and round, the report climaxes with a richly and - I suspect - accidentally ironic ending, which merits full quotation:

Dr Kien: The bottom line is that people have lost their trust in the value of the domestic currency due to one-sided information in the media.

Reporter: Thank you.

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