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Vietnam, the middle way.The art of distinguish oneself
Thailand plants rice, Cambodia looks at it make, Laos listening it grow, Vietnam sells it.Southeast Asia dicton
What a journey made by Vietnam in recent years! This maxim is the proof. There isstill a little time, the Thais were not in that sentence, and the Vietnamese were the ones whowere growing rice. In the 80's, Vietnam leaves of more than forty years of war with France,the United States, plus some skirmishes with its bordering countries such as Cambodia andChina
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. The country is exhausted and faces famine. Supported by the Soviet Union since the70's, Vietnam has no choice but to reform itself when it suspended its help in 1985 with theintroduction of
perestroika
(reconstruction). In 1986, Vietnam launched a process of economic transition the
Doi Moi
(renewal) on the occasion of the 6th congress of the SocialistParty Vietnamese. That's when the country is engaged in reforms to restructure its regulatoryapparatus, administrative and gradually transform a centrally planned economy into a marketeconomy maintaining socialist characteristics.During the five-year period 1986 - 1990, the national economy has been restored step by step, the annual GDP growth was of 3.9%. Between 1991 and 1995, Vietnam is out of theeconomic crisis and the growth has become stable with a high rate (8.2% per year onaverage). This growth was maintained in 1996 (9.34%) and 1997 (9%). For the same year,ASEAN (Burma, Brunei, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand andVietnam) as a whole has been unable to reach a rate of 4.9%. Between 2000 and 2005, growthin the Vietnamese economy was the second fastest in the world, with foreign investmentwhich have tripled in volume and a significant reduction of poverty (58% of the populationconsidered poor in 1993, 29% in 2002 according to the World Bank). The number of satecompanies has been halved while the private sector is becoming more and more weight in thenational economy. These last 7 years, the number of private enterprises has increased from15,000 in 2000 to 300,000 this year.
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As a result of many Khmer Rouge raids late 1978 on border villages, Vietnam invaded Cambodia and installedin Phnom Penh a government that is more favorable to itself. China supports Cambodia to attack then Vietnamin 1979, but withdrew 17 days later after suffering losses estimated at 20000 men.
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