Economy System

COUNTRY :| VIETNAM| BRIEF BACKGROUND OF THE COUNTRY :| Vietnam is the 12th closely densely populated country in the world with a population of more than 78 million people, and land whorl of 325 000 sq. km.Vietnam is rich in natural resources and also gentle resources.Vietnamese skate over depending on agricultural product.Its survival based on the colouring material of wet rice.Vietnam was divided into two lands which are competed each other(a) and make believe different scotch policies.The lands are in mating Vietnam and in south.In north Ho Chi Minh introduced Communist political comprehension while in the south Ngo Dihn Diem became a ruler. before 1975,Vietnam was under the control of the former judicature which is pro- America.Vietnam economy was relied much on aids from America and agricultural export.The former governing body adopted a mixed economy system.Although Saigon was famous with its astound economy but the economic gr owth did not environ the economic strength of the country.After 1975,Vietnam has been unified and command economy was meshed in Vietnam.| THE REASONS OF TRANSITION :| Vietnams infrastructure was collapsed after the decades of say of war and they also face an economic failure.

They are more make after the war such as the want of human resources and infrastructres.These made the Vietnam economy became incapable to compete.As a result, on that point are famine of foods and other basic goods.The economy collapsed heavily with high school unemployment rate, impression foreign in vestment and high foreign debt, unable bank! ing and financial system and as well as unconformable in jurisprudence and laws.The Vietnamese government employed a series of economic reform but between 1981-1985, there are low productivity,insufficient quality standards, and energy and material shortages, as well as insufficient management and paralyzed economic development.In 1986,Vietnam was wracked by triple-digit ostentatiousness and food shortages. However, the government...If you want to get a full essay, edict it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper