The changing face of Vietnam : Doi Moi as a socialist approach to economic development.

Abstract

Vietnam is developing in the same direction as are the non-Communist nations of Southeast Asia. In November of 2006, Hanoi hosted the APEC summit where Asia-Pacific heads of state gathered to discuss economic relations. The Ben Thien market of Ho Chi Minh City has the world’s most expensive commercial property and Singaporean corporations are investing heavily. This indicates that the Vietnam war was meaningless and wasteful. In my papers I argue that the USA could not defeat Vietnam so now it is attempting to buy the country. Further I argue that Vietnam is so far able to develop economically and allow foreign investment while protecting workers’ rights. They are maintaining Socialist principles in the ear of global development. Lastly, I claim that Vietnam is maintaining socialism better than is China and that the Western condemnation of Vietnam for violation of human rights is a further attempt to discredit Communism and force Vietnam into the Western camp.