Monday, December 23, 2024
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Business - Economics

Renovation

At the 6th Congress of the Communist Party in 1986, the Doi Moi (reform) policy was launched with the focus on economic reform. This marked an important milestone in the new stage of development of the Vietnamese nation. The Doi Moi policy was consistently reaffirmed throughout the later Party Congresses. With the implementation of four five-year socio-economic development plans, Vietnam, from a food importing country, has become the second largest rice exporter in the world. Vietnam also exports a lot of other commodities with well-known brands. The economy attained high growth rate in the late 20th century and the early years of the 21st century, people’s lives have been significantly improved; social policy received greater attention, the legal system has become increasingly complete and social management based on the rule of law put into place.

Looking back on the formation and development of the Vietnamese nation, we can see that patriotism, self-reliance, tradition of unity and the willpower to fight for the righteous cause of the nation are the most important features and the moral standards of the Vietnamese. The tradition of industriousness, creativeness and patience originated from the life full of hardship of the Vietnamese people. The need to stand united to cope with difficulties and challenges has created close bonds between the people and the nature and among the people in the family and in the community in the family-village-nation relations. Throughout history, the Vietnamese people have been characterized by the traditions of mutual assistance, ethic-based lifestyle, benevolence, one-mindedness and sharing of hardships in needy times, flexible ways of behaviour, the tradition of eagerness to learn, respect for righteousness and tolerance. These are the powerful and endless endogenous strengths for the Vietnamese nation to embark on the cause of national construction towards the goals of strong country, prosperous people, just, democratic and advanced society.

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