i) Vietnam has experienced rapid economic growth but also increasing income inequality and pockets of poverty. The government still plays a large role in the economy through state-owned enterprises. ii) Both corruption and poverty are problems the government acknowledges and is working to reduce through policies like increasing media coverage of corruption cases. iii) Challenges for Vietnam include an unskilled labor force, lack of access to credit for private businesses, and information gaps that leave farmers vulnerable to global market fluctuations. Government reforms are needed in areas like education, land rights, and developing a sustainable market structure.