The best books on Vietnam’s reforms and economic growth

This book gives an early perspective on Vietnam’s reforms and economic growth. It follows and complements a book by Le Dang Doanh published by the National Australian University in Australia in 1992 written from a similar perspective.

The book is based largely on Vietnamese early sources of data and information. It presents an analysis of the main features of economic policy reforms in Vietnam, their socioeconomic impact, and several major theoretical and practical problems Vietnam faced on its path to development.

For readers interested in a sectoral analysis of Vietnam’s reforms and economic growth, the book provides a useful account of one major area of reform in Vietnam, namely education.

Coupled with domestic training and foreign capital inflows, this education sector and its reforms can be said to be a principal contributor to the country’s development and growth. The book also discusses the reform’s rationale and issues and, for policy analysis, describes the consequences for the sector and the economy in recent years.

This is a useful book to understand the basic problems and achievements of a socialist country’s move towards a globalized and free market system.

This book is a version of the authors’ previous work published by the South East Asia Institute. As a contribution to the specific theme, it first provides a description of Vietnam’s reforms and development. It also discusses a number of special features of this policy, including outcomes, pro and con analysis, and obstacles. 

To me, the book represents a pioneering landmark work on Vietnam’s epoch-making macroeconomic policy.

It is a very early study by an internationally distinguished economist and ministerial official on Vietnam’s reforms and development. The book covers the major and important problems and issues that existed in the beginning of the Doi Moi opening up policy in 1987. Significantly, these problems and issues still persist today in policy analysis and contemporary scholarly studies.

For readers interested in sectoral analysis and especially labour studies, the book discusses the transformation of employment relations in Vietnam since Doi Moi in 1987. These relations have been a key part of Vietnam’s reforms and a necessary pre-condition to the country’s long-awaited WTO membership in 2007.

The book first examines the nature of employment reforms, analyses the motivation behind new policy initiatives, and then examines the detail of reforms in a range of business enterprises. The book’s sources of information are based on extensive original research.