Hows the economy?
What kind of market does Vietnam have now? Does it have a private sector? Now what is this…
Soviet cogitations: 1
Defected to the U.S.S.R.: 24 Sep 2005, 14:44 New Comrade (Say hi & be nice to me!)
http://economist.com/countries/Vietnam/
you may try to have a look at what u Brits portray Vietnam. The Economist is quite objective anyway. We're doing well, and of course we do have a private sector.
Vietnam's Economy
Quote: That was there economy if brief and yes there are private sectors in Vietnam. ![]() "By what standard of morality can the violence used by a slave to break his chains be considered the same as the violence of a slave master?" - Walter Rodney
Thank you
I take it there arn't anymore collective/state owned farms? Now what is this…
Of course there are. State-owned arms have changed a lot since the Renovation began (1986), but not all of them gain success. In fact, they are the biggest agricultural producers at the moment.
Here's news translated in 2003. According to Ministry of Agriculture and Rural Development, there are 314 314 collective farms (not all are state-owned farms) which own nearly 637,000 hectares, 546,000 hectares of which are in use under many ways: rent, lending.... ![]()
I thought the government was switching to free market?
EDIT: Nevermind, that was Laos. KOMRADES!
We've opened the market since 1986, when the country was in great socio-economic crisis. Laos only follows Vietnam, but it does not grow as fast as Vietnam.
That the market is opened doesn't mean Vietnam is changing into capitalism. In fact, the government still has control on fields of the economy, especially key fields such as oil, electricity... That's why the Vietnamese are consuming oil at a price lower than other countries in the world. The biggest problem today is corruption, which has spread widely since the Subsidization period (before 1986). ![]()
Good.
KOMRADES!
wow, isnt it strange that north koreas per capita income is higher then vietnams?!?
Uh...no it's not.
http://www.indexmundi.com/vietnam/economy_profile.html Quote: http://www.indexmundi.com/north_korea/e ... ofile.html Quote: Not only that, but the Vietnamese economy is growing many times more rapidly than the NK economy. ![]() Genuine WCM Sig
Not to mention that there's no more exodus and hunger in Vietnam.
This is the result of the Doi Moi reform in Vietnamese economics, it grows the country. Quote: Just throwing out there that GDP isn't the best way to mesure how well a socialist country is doing. ![]() "By what standard of morality can the violence used by a slave to break his chains be considered the same as the violence of a slave master?" - Walter Rodney Quote: Quote: NOTE: these two quotes are by Red Rebel. Thank you for providing misinformation. And then blaming me for the mistake. Not to mention the fact that you read gdp when i said per capita. Youve got something wrong with your head. Quote: After looking at a better source, CIA Factbook, I have to say that the info I previously posted is incorrect. ![]() "By what standard of morality can the violence used by a slave to break his chains be considered the same as the violence of a slave master?" - Walter Rodney Quote: Between 1990 to 2000 that actually increases by 75%. In transition markets, I think Vietnam ranked second in growth. China is still leading with 135% increase. Quote: Sure, after "opening up"- there's lot of money pouring into Vietnam, but the bulk of it is reaped by those deemed profitable by the local and multinational corporate class / large scalers, as far as the professional working community goes. The average Vietnamese, especially who lives outside the citys, has only had whatever little wealth he had robbed from him, has gotten no share from the "economic pie" and is forced to deal w/ increased prices, introduction of money into essential services etc...
Soviet cogitations: 638
Defected to the U.S.S.R.: 10 May 2006, 07:44 Ideology: Left Communism Resident Soviet
As far as I understand, Vietnam is agrarian and it's agriculture is largely collective.
Quote: Demographics wise, you're right, but not in terms of national income distribution as of today. Communal agriculture gets an ever shrinking % of GDP each passing year. The regime is very much in favour of "streamlining" the economy. It sounds like a fancy word, but that's just a cleaver way of saying "we endorse corporatism." |
Alternative Display:
Mobile view
|
||||||