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Economy

Vietnam privatizations hit wall as TPP arrives

Hanoi poised to miss 2020 goal of easing control of economy

Women work at a garment factory in Hai Duong province, outside Hanoi.
Women work at a garment factory in Hai Duong province, outside Hanoi.    © Reuters

HO CHI MINH CITY -- Vietnam is on pace to miss a five-year target for cutting state ownership of its economy by 2020, as the effort to attract more foreign investment loses steam amid turbulent market conditions.

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