Inflation has also been out of control. Ask any random working class Vietnamese and they&#x27;ll tell you they&#x27;re having more trouble making ends meet now than several years ago. And most people are predicting a huge banking crisis thanks to bad loans made to cronies of the party leaders. I wouldn&#x27;t trust economic figures coming out of Vietnam any more than I would from China.<p>Centralized economies encourage corruption and stifle growth. Vietnam is no exception.