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This book examines how the interaction between political and economic factors under Doi Moi has shaped Vietnam’s China policy and bilateral relations since the late 1980s. After providing a historical background, the book examines the conflicting effects that Doi Moi has generated on bilateral relations. It demonstrates that Vietnam’s economic considerations following the adoption of Doi Moi contributed decidedly to the Sino-Vietnamese normalization in 1991 as well as the continuous improvements in bilateral ties ever since. At the same time, Vietnam’s economic activities in the South China Sea and China’s responses have intensified bilateral rivalry and put their ties under considerable strains. The book goes on to argue that Doi Moi has indeed brought Vietnam newfound opportunities to develop a multi-level omni-directional hedging strategy against China. Finally, the book concludes by looking at the prospects of democratization in both countries and assessing the future trajectory of their relations under such circumstances. As the most comprehensive and up-to-date survey of Vietnam’s relations with China over the past thirty years, the book is a useful reference source for academics, policymakers, students, and anyone interested in contemporary Vietnam foreign policy in general and Vietnam–China relations in particular.
In 1986, the Communist Party of Vietnam (CPV) adopted the Doi Moi (Renovation) policy at its sixth national congress, opening up a new chapter in the country’s modern history. Under Doi Moi, Vietnam has undergone significant socio-economic, political and foreign policy reforms that have transformed the country in many meaningful ways. This edited volume aims to provide an in-depth analysis of the multiple aspects and transformations of Vietnam’s foreign policy over the past thirty years. The book is divided into three sections. The first covers the broader framework of Vietnam’s foreign policymaking and the historical evolution of Vietnam’s diplomacy under Doi Moi. The second examines Vietnam’s bilateral relationships with its major partners, namely the United States, China, Japan, India, Russia, its smaller neighbours (Cambodia and Laos), and ASEAN. Finally, the book looks into two major issues in Vietnam’s current foreign policy: the management of the South China Sea disputes and the international economic integration process. As the most informative, updated and comprehensive volume on Vietnam’s foreign policy under Doi Moi, the book is a useful reference source for academics, policymakers, students as well as anyone interested in contemporary Vietnam in general and its foreign policy in particular.
This book examines how the interaction between political and economic factors under Doi Moi has shaped Vietnam's China policy and bilateral relations since the late 1980s. After providing a historical background, the book examines the conflicting effects that Doi Moi has generated on bilateral relations. It demonstrates that Vietnam's economic considerations following the adoption of Doi Moi contributed decidedly to the Sino-Vietnamese normalization in 1991 as well as the continuous improvements in bilateral ties ever since. At the same time, Vietnam's economic activities in the South China Sea and China's responses have intensified bilateral rivalry and put their ties under considerable strains. The book goes on to argue that Doi Moi has indeed brought Vietnam newfound opportunities to develop a multi-level omni-directional hedging strategy against China. Finally, the book concludes by looking at the prospects of democratization in both countries and assessing the future trajectory of their relations under such circumstances. As the most comprehensive and up-to-date survey of Vietnam's relations with China over the past thirty years, the book is a useful reference source for academics, policymakers, students, and anyone interested in contemporary Vietnam foreign policy in general and Vietnam-China relations in particular.
This clear and accessible text explores Vietnam's successful transition from neo-Stalinist central planning to a market economy—\"Vietnamese style.\" After describing the north Vietnamese system prior to 1975 and its colonial and precolonial antecedents, the authors uncover the mechanisms of that changeover. They contend that the Vietnamese transition was largely bottom-up in character and that it evolved over a long enough period for the country's political economy to adjust. This explains in part the rapid shift to a high-growth, externally oriented development path in the early 1990s, despite the loss of Soviet aid and the lack of significant Western substitutes until 1992-1993. Based upon extensive incountry experience, a wealth of primary materials, and wide comparative knowledge of development issues, the book challenges many preconceived notions, both about Vietnam and about the general nature of transition processes.
This report discusses the economic relationship between Vietnam and the U.S. that resumed in the 1990s. Of particular interest to Congress is that both nations may soon be members of the Trans-Pacific Strategic Economic Partnership Agreement (TTP).

Doi Moi

Australian National University. Department of Political and Social Change

Published: 1991

Total Pages: 288


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Socioeconomic Renovation in Viet Nam: The origin, evolution and impact of Doi Moi
These previously unpublished papers by leading American and Vietnamese economists analyze the dramatic transformation of Vietnam's economy during the 1990s and its prospects for the future. The three main sections of the book discuss Vietnam's turbulent history, recent economic reforms, and the country's emerging role in the world economy and geopolitics. The contributors examine a myriad of issues, including specific reforms in agriculture, banking, and tax policy, as well as the attempts to create a business-oriented legal infrastructure, the development of foreign trade and a viable balance of payments, and U.S. policy reactions to Vietnam's rapid development in the last decade.
Vietnam's economic liberalization since the adoption of the Doi Moi has helped Vietnam's economy blossom. As a result of its economic liberalization, Vietnam has become more dependent on China for its economic growth and stability. This dependency has made it difficult for Vietnam to challenge China when its sovereignty is threatened. According to the World Bank, China is Vietnam's number one trading partner, with $50 billion in trade commerce in 2013. By examining the importance of Vietnam's economic liberalization and its dependence on China, we can better understand how Vietnam will formulate its foreign policy with China and, in part, the United States. Vietnam has modernized its military to close the gap between its military capabilities and China's. Vietnam has also increased its engagements with the United States, South Korea, Japan, India, Russia, and Australia in an attempt to hedge against China's increased aggression in the South China Sea. Meanwhile, Vietnam has opened up its seaports to the international community and begun upgrading Cam Ranh Bay seaport to become a repair facility to provide maintenance support for most naval vessels. Vietnam is using these strategies to better defend its sovereignty without impacting its economic relationship with China. CHAPTER I - INTRODUCTION * A. IMPORTANCE * B. PROBLEMS AND HYPOTHESES * C. LITERATURE REVIEW * 1. Vietnam's Economic Relationship with and Dependency on China * 2. Vietnam's Response to China's Threat * D. METHODS AND SOURCES * E. THESIS OVERVIEW * CHAPTER II - VIETNAM'S ECONOMIC RELATIONSHIP WITH AND DEPENDENCY ON CHINA * A. POST-VIETNAM WAR * B. COLD WAR APEX * C. POST-COLD WAR * D. PRESENT * E. CONCLUSION * CHAPTER III - VIETNAM'S RESPONSE TO CHINA'S INCREASING THREAT * A. INTERNATIONAL RELATIONSHIP STRATEGY * 1. BALANCING * 2. BANDWAGONING * 3. HEDGING * 4. ENGAGING * B. CONCLUSION * CHAPTER IV - CONCLUSION