Vietnam has an over-reliance on China and South Korea in terms of imports of semiprocessed products and

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Vietnam has an over-reliance on China and South Korea in terms of imports of semiprocessed products and capital goods. At the same time, the United States alone accounts for a quarter of all its exports. Vietnam is attempting to change these dependences by setting up special economic zones (SEZs) for foreign businesses. How can the creation of SEZs help countries like Vietnam, and what else should they do to diversify?

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