Việt Nam has a market economy, if the pace of reforms it has undertaken from the Đổi Mới (Renewal) period in 1986 to now is taken into consideration, Senior Lecturer in Economics at Australia’s Deakin University Dr. Cong Pham has...
A draft Vietnam Socio-Economic Development Strategy for 2021-30 listed the country’s top objectives as to fully embrace a modern market economy to establish legal frameworks for new business models, the digital economy and protect the environment.
With an emerging market economy and continued strong growth, Việt Nam is set to become one of the most dynamic markets in the world by 2030, according to Euromonitor International.
Vietnamese policymakers and businesses should foster fair competition to drive social development and ensure a socialist-oriented market economy, an expert said in Ha Noi yesterday.
Viet Nam needs a comprehensive competition policy to ensure fair
competition in the market economy, said Nguyen Dinh Cung, director
general of the Central Institute for Economic Management (CIEM).
Vietnamese citizens were pegging hopes on a faster transition into a
full-fledged market economy, a majority saying that they vigorously
supported the country''s market economy model in a survey published
yesterday.
Viet Nam has, to date, received recognition of its market economy from
45 countries across the world, with Oman being the latest, according to
the Ministry of Industry and Trade.
he German model of a social market economy was highlighted at a presentation in Ha Noi on Tuesday on the occasion of German State Secretary of Labour and Social Affairs Ralf Brauksiepe''s visit to Viet Nam.