Vietnam's Thrust into Globalization: Doi Moi's Long Road.(economic liberalization )

From: Asian Affairs: An American Review | Date: September 22, 2006| Author: Grinter, Lawrence E. | Copyright information

Vietnam has recovered substantially from the tragedy of the Second Indochina War and the economic ruin visited on the south by Hanoi's totalitarian policies after the Communists' victory in April 1975. However, Vietnam's long climb from the abject circumstances of the 1970s and 1980s did not gain momentum until the early 1990s. By then the doi moi (renovation) policy announced in 1986 had finally taken hold and sustained economic development was underway. Today, the foreign trade of...