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The process of economic transformation in Ho Chi Minh City in the first 20 years of innovation (1986-2006)

Long Thanh Nguyen 1, *
  1. University of Social Sciences and Humanities, VNU-HCM
Correspondence to: Long Thanh Nguyen, University of Social Sciences and Humanities, VNU-HCM. Email: pvphuc@vnuhcm.edu.vn.
Volume & Issue: Vol. 18 No. 3 (2015) | Page No.: 46-52 | DOI: 10.32508/stdj.v18i3.848
Published: 2015-08-30

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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

The process of economic transformation in Ho Chi Minh City in the first 20 years of innovation is the process of converting the economy from a centrally planned bureaucracy into market economy with socialist orientation, from two economic sectors into six conomic sectors, from allocating-handing relations to market relations. The process of change did unblock resources thanks to which Ho Chi Minh City has achieved many positive changes in terms of market operation, economic sectors, economic structure and growth rate of GDP.

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