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Vietnam Transition to a Market Economy

by Keon Hyok Lee John R. Dodsworth Erich Spitäller Michael Braulke Kenneth Miranda Christian Mulder Hisanobu Shishido Krishna Srinivasan

The paper explores the pattern of transition of the Vietnamese economy, the policies that were applied, and the reasons for the country's success. In particular, it focuses on output performance;state-owned enterprises;foreign direct investment;determinants of inflation;dollarization and problems of economic management;international integration and exchange rate policy;growth and diversification of trade, trade reform, exchange reform, and exchange rate policy.

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