Boothroyd, Peter, and Pham xuan Nam, editors. Socioeconomic Renovation in Viet Nam: The Origin, Evolution, and Impact of Doi Moi. Ottawa: International Development Research Centre, and Singapore: Institute of Southeast Asian Studies, 2000. Doling, Tim. Mountains and Ethnic Minorities: North West Vietnam . Hanoi: The Gioi Publishers, 1999. Do Phuong. Vietnam: Image of the Community [...]
Archive for the ‘Economics’ Category
Future trends
There is considerable debate about the economic future of Vietnam. Pessimists focus on the country’s inadequate physical infrastructure and its powerful state bureaucracy which makes doing business in Vietnam complex and difficult. They also point to persisting ambiguities in Vietnam’s evolving legal structure and issues of corruption. These obstacles are normally more of an obstacle [...]
Country history and economic development
2879 B.C. Va-n Lang becomes the first emperor of Vietnam, known as the Va-n Lang Kingdom. Household Consumption in PPP Terms Country All food Clothing and footwear Fuel and power a Health care b Education b Transport & Communications Other Vietnam 49 7 15 4 18 6 2 United States 13 9 9 4 6 [...]
Working conditions
Vietnam has in place an extremely progressive national labor law which is designed to regulate working conditions. The major challenge is to ensure that the labor law is being properly and appropriately implemented. The high visibility of Nike, Inc., which decided to add Vietnam as an important site to source its production of footwear and [...]
Poverty and wealth
In 1999, average GNP per capita in Vietnam was only US$370, giving Vietnam the rank of 170th in the world on this indicator. This statistic, however, is quite misleading, since it does not reflect differential costs of living in different countries and societies. It is much more meaningful to think in terms of GNP per [...]
Vietnam – Money
The central bank is responsible for monetary policy . During recent years, its performance in terms of keeping inflation low and the currency relatively stable has been impressively successful. For example, the inflation rate for the year 2001 is estimated to be 0.6 percent. Inflation in Vietnam since 1996 has normally been around 5 percent [...]
Vietnam – International trade
Prior to the collapse of the Soviet Union, most of Vietnam’s trade was with the former Soviet Union and Eastern European countries. Since 1991, the country’s Trade (expressed in millions of US$): Vietnam Exports Imports 1994 4054 5825 1995 5448 8155 1996 7255 11144 1997 9184 11592 1998 9360 11494 1999 N/A N/A SOURCE: United [...]
Vietnam – Industry
During the colonial period, the French did not promote the development of Vietnamese industry in order to keep it from competing with their own industries. In the period following 1954, socialist northern Vietnam used a Soviet-type economic system emphasizing the development of Vietnamese heavy industry by the state sector. In the capitalist south, the emphasis [...]
Vietnam – Agriculture
Despite its limited amount of arable land, Vietnam’s agricultural economy has demonstrated impressive success, particularly in the 15 years since the introduction of doi moi. The shift to the use of market mechanisms and price incentives contributed significantly to this success. Vietnam has not only achieved self-sufficiency in rice production, but is now a major global [...]
Vietnam – Economic sectors
The economic structure of Vietnam has changed a great deal since the end of warfare in the country in 1989, with agriculture declining in importance from 40.8 percent of GDP in 1989 to 27.1 percent in 1999. Industry has gained proportionally in importance, growing from a percentage contribution of GDP in 1989 of 22.9 percent [...]


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