Back Economía de mercau orientada a lo socialismo AN اقتصاد السوق ذي التوجه الاشتراكي Arabic Economía de mercáu socialista AST Economía de mercado orientada al socialismo Spanish Ekonomi pasar berorientasi sosialis ID 사회주의 지향 시장 경제 Korean Kinh tế thị trường định hướng xã hội chủ nghĩa Vietnamese
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The socialist-oriented market economy (Vietnamese: Kinh tế thị trường định hướng xã hội chủ nghĩa) is the official title given to the current economic system in the Socialist Republic of Vietnam. It is described as a multi-sectoral market economy where the state sector plays the decisive role in directing economic development, with the eventual long-term goal of developing socialism.[1]
The socialist-oriented market economy is a product of the Đổi Mới economic reforms which led to the replacement of the centrally planned economy with a market-based mixed economy based on the predominance of state-owned industry. These reforms were undertaken to allow Vietnam to integrate with the global market economy. The term "socialist-oriented" is used to highlight the fact that Vietnam has not yet achieved socialism and is in the process of building the basis for a future socialist system.[2] The economic model is similar to the socialist market economy employed in the People's Republic of China.
- ^ Karadjis, Michael. "Socialism and the market: China and Vietnam compared". Links International Journal for Socialist Renewal. Retrieved 20 March 2013.
- ^ Socialism plus markets: Vietnam's chosen path (Video). YouTube. April 26, 2016. Retrieved May 12, 2019.
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