Viet Nam is currently the new "Asian Tiger". Everyone has their eyes on the Vietnamese stock market as well as Viet Nam's economy with its entry into the WTO. Many Vietnamese nowadays are replacing their motorbikes with cars showing a sign of a development and richness entering the country. With the world watching, Viet Nam will do it's best to bring happiness and prosperity for the Vietnamese people abroad and at home. CIA facts report Viet Nam being one of the fastest booming countries in North & South East Asia, while showing an incredible effort in poverty reduction. Viet Nam grows at an average of 8% GDP rate per year, and seeks to increase that status with their new membership into the WTO. High profile projects are being planned and implanted in the economy as we speak, as well as a boost of Vietnamese culture, education & sports into the world community.