ocr: Strengths Diverse resource base. Location in East Asia. Much lower labor costs than second-tier NICS such as Malaysia and Thailand. Wealaesses Weak economic institutions will make transition to a full market economy ditticult. Enormous task of reconstruction after war; dependent on aid from the West,Japan and China. Profile Vietnam is already being billed by some commentators as the next Asian "tiger." - The prospect is still distant, though the potential certainly exists. Mineral resources,located mostly in the north, and a resumption of Western aid to the capital-starved economy, are the fou ...
