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Essay from the year 2018 in the subject Politics - Region: South Asia, , language: English, abstract: Vietnam is one of the fastest growing economies in the world. Over the past 30 years, Vietnam has transformed itself from one of the world’s poorest nations to a lower-middle income country ripe with investment opportunities. Yet despite these economic achievements, this one-party state still encounters significant obstacles to sustained and democratic political development in each of the USAID’s five key elements of democracy, human rights and governance: consensus, inclusion, competition and political accountability, rule of law and human rights, and government responsiveness and effectiveness.