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Vietnam - An introduction

Offical name: Socialist Republic of Vietnam

National flag:                          


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Economy of Vietnam

 Economic growth


The 6th National Party Congress in 1986 of the Communist Party of Vietnam marked a historical turning point in renewing thinking and economic development orientation, and replacing the centrally-planned economy with bureaucracy and a subsidy mechanism by a socialist-oriented market economy. After 20 years of reform, there have been impressive economic results.

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Development Strategy

The general goals of the Economic Development Plan 2011-2015 are to accelerate economic development sustainably, to improve living condition and the spirit of the people, stabilize politics - society, strengthen foreign cooperation activities, protect the independence, sovereignty, unity and territorial integrity, creat the foundation for our country in order to basically become a modern industrialized country in 2020. 

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Foreign Investment in Vietnam

 The result of attracting and utilizing foreign investment

There have been about 13.544 licensed foreign investment projects in Vietnam from 1988 to the end of 2010 with total registered capital of US$ 213 billion, implemented capital of US$ 77.95 billion.

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