Media playback is unsupported on your device

Vietnam needs to find a 'new path' for growth

20 August 2013 Last updated at 03:06 BST

Vietnam was once called the next China but now its growth - like its role model - is faltering.

The Asian nation's big population, and strategic location, seemed to place it perfectly to become the next big thing.

The BBC's chief business correspondent, Linda Yueh, has been looking around the country.

She spoke to one of Vietnam's richest men, Dao Hong Tuyen - also known as the King of Tuan Chau Island, who told her that the country's leaders need to be brave and find a "new path" for growth.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.