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Update news vietnam renovation
In the mid-1980s, at the start of renovation (1986), Vietnam was an agricultural country. About 70% of workers were involved in agricultural production but the country still lacked food and had to import rice. Industry was also weak.
VietNamNet Bridge - The current challenges show that Vietnam does not have much time left. If it does not urgently develop appropriate strategies, the country will fall into prolonged stagnation, a kind of middle-income trap.
Prof. Tran Van Tho has sent to VietNamNet his analysis of the achievements and the problems of the Vietnamese economy after 30 years of reform, the challenges that Vietnam faces, and the ideas for a new stage of development of the country.