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2007-01-15 17:06:26 · 2 answers · asked by bamboo 1 in Politics & Government Politics

2 answers

Actually Vietnam has been growing at a pretty high rate. Savings increased a lot and the proper institutions to allow for a market economy were set up (at least in the south).

2007-01-15 17:22:29 · answer #1 · answered by ttfreitas 2 · 0 0

Vietnam's economy has grown progressively since the enactment of Doi Moi (reform) in 1986. This started the change in the economy from central (communist) control economy to a market economy. Vietnam's economy took off like a rocket after 2001 and hasn't slowed down. Vietnam is currently the second fastest growing economy in the world after China.

An effective means for Vietnam to continue growing is to improve the quality of their secondary education system (universities and trade schools), increase technology education and, most important, make computers and the Internet more accessible to everyone.

Currently, computers are still cost prohibitive to the average Vietnamese family. A bare bone home computer can cost a little over two month's pay for the average Vietnamese. Although computers are readily accessible through the thousands of Internet cafe's in the country, computer usage is predominantly unproductive (i.e. playing games, chatting etc.). Having computers in their homes will give the Viets an opportunity to use the technology more productively. In turn, Vietnam will generate a more technically inclined workforce that will compete at the same level as the more advanced countries.

2007-01-16 04:42:25 · answer #2 · answered by MojaveDan 6 · 0 0

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