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Corporate reform in Vietnam is slow going

Investors are excited about opportunities, but wary of obstacles

A vegetable vendor walks past a VinMart+ shop in Hanoi. (Photo by Shinya Sawai)

HANOI -- As Vietnam marks its 10th anniversary as a member of the World Trade Organization in January, the one-party state has finally begun showing progress on promises to make the country's state-run enterprises more compliant with market principles and less dependent on government largesse.

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