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A policy debate
40-Years Vietnamese economic reforms - socialist versus social orientation

  • 2026
  • Neubert, Axel
  • Monografie/Band
Description

During the Cold War, economic systems were largely divided between centrally planned and market-based models. Since the late 20th century, many countries have transitioned toward market-oriented systems, often adapting them to their specific institutional and political contexts. This also applies to the Socialist Republic of Vietnam, which has undergone a profound transformation from a centrally planned economy to a market-oriented system. This paper, presented at the conference 'Vietnam's 40-Year Dổi Mới Renovation Policy' on 14 April 2026 in Hanoi, outlines Vietnam's dynamic economic transition process and its unique concept of a 'socialist-oriented market economy'...