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VNUHCM Journal of

Science and Technology Development

An official journal of Viet Nam National University Ho Chi Minh City, Viet Nam since 1997

ISSN: 1859-0128
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Economics, Law and Management - Research article Open Access Logo

VIETNAM ECONOMY SOLUTIONS FOR ESCAPING DEPRESSION AND TOWARDS A SUSTAINABLE DEVELOPMENT

Hai Chi Nguyen 1, *
Duong Thuy Nguyen 2

  1. University of Economics and Law, VNU HCM
  2. University of Economics HCMC
Correspondence to: Hai Chi Nguyen, University of Economics and Law, VNU HCM. Email: pvphuc@vnuhcm.edu.vn.
Volume & Issue: Vol. 18 No. 1 (2015) | Page No.: 18-27 | DOI: 10.32508/stdj.v18i1.1013
Published: 2015-03-31

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Copyright © 2015 by the author(s).

Copyright The Author(s) 2023. This article is published with open access by Vietnam National University, Ho Chi Minh city, Vietnam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

This study aims to identify and evaluate the reason for the decline of Vietnam’s economic growth in the period 2011 - 2014. The results indicate that, in addition to endogenous problems of the growth model, obsolete technology and low productivity are the main factors causing the decline. The study also offers some suggestions for Vietnam to get out of the economicdepression and reach a sustainable development.

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