Vietnam has been growing quite well in the past few decades. It has somehow already transitioned from a largely agricultural country to agro-industrial, from poor to middle income. Manufacturing has been continuously expanding. Thanks to the large and cheap labor market, it has become a very good alternative to China. It has really stood up as a great investment country especially in Asia. Personally, I'm amazed that certain brands I really admire like Nike, Deuter, Columbia, Osprey, and others are now coming from Vietnam.
It means that they moved from a country that was primarily oriented towards agriculture to a country that cheaply rents its workers to large global corporations that produce expensive brands for low wages. It is really a great success, especially if we only look at numbers and percentages, but do people live better, are they happy to work in bad conditions for 12 hours a day, 6 days a week?