Manufacturing and Industry in Vietnam: Three Decades of Reform
Vietnam’s recent development experience offers an interesting learning opportunity for many African countries. 2016 is the 30th anniversary of the implementation of the country’s Doi Moi reforms, a basket of policies that saw Vietnam’s gross GDP increase by nearly 30 times in the period between 1989 and 2014, from US$6,3 billion to US$186 billion.
Like many African countries, Vietnam faced the challenge of a low-skilled labour force and widespread unemployment. The country was also emerging from a period of protracted conflict, which devastated the country’s economy and infrastructure. This Discussion Paper by Professor Do Duc Dinh provides a detailed internal analysis of the reform process with a specific focus on the policy effects in manufacturing and industry.
About the Author:
Professor Do Duc Dinh is Chairman, Academic Board, Centre for Socio-Economic Studies in Hanoi, Vietnam.