Vietnam is now at the critically important juncture as the country is preparing the National Socio‐economic Development Strategy 2011‐2020 (NSDS). The NSDS will guide the two five‐year plans in the next decade, and provide key inputs for the Eleventh Party Congress, scheduled to be held in...

Globalization poses special challenges for economies in transition, particularly those which have been slow to reform systems of administered prices. Such allocation mechanisms now encounter significant friction from external market forces, and it is vital for policymakers to better anticipate...

This study presents a set of assessments of the long term economic effects of Vietnam’s accession to the WTO. Generally speaking, our results indicate that Vietnam would benefit from accelerating its participation in more open multilateralism. However, it is also clear from our analysis that...

Economic reforms and greater outward orientation are giving rise to extensive structural change in the Vietnamese economy. Because of the leverage that global markets can exert on an emerging economy, such adjustments will be particularly significant in the composition of domestic supply and...

Vietnam started a process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis. This paper reviews insights emerging from a detailed social accounting...

National Innovation Systems (NIS) plays a crucial role in countries’ efforts to catch up with technological advances which are critical for the long-term sustainable economic growth and development of countries. This paper provides a diagnostic review of the NIS in Viet Nam such that...

Following extensive economic and market reforms and more than a decade of negotiations, Vietnam became the latest country to accede to the World Trade Organization in November 2006. While it is expected that greater integration into the world economy will boost Vietnam’s economic growth and...