Abstract:
This study provides a concise introduction to the economic history of Vietnam from 1976 to present, with a focus on the Vietnamese economy’s structural change and its performance.
The paper identifies different phases of the development of the Vietnamese economy, from its unification after a long war in 1976 and the adoption of the Russian central planning model, through its nation-wide crisis, and thus a beginning of transition to a market economy from1986-1989, to the current phases of the transition (1989-2000).
The interrelationships between the structural change and economic performance are investigated from five aspects:
(i) evolution of domestic final demand,
(ii)international trade structure
(iii) ownership restructuring.