Describe Vietnam's political and economic characteristics in the twenty-first century.

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22-05-2020
History

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Describe Vietnam's political and economic characteristics in the twenty-first century.

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AnShults AnShults · Answer 1 · 2020-05-27T21:27:58+02:00

Answer:

Vietnam's political system continues a Communist and in economic its following mixed economy system in the twenty-first century and further discussed below in details.

Explanation:

The Socialist Republic of Vietnam continues a Communist dictatorship identified by suppression of opposing political opinions and the nonexistence of civil rights.

Economic liberalization, however, started in 1986 with doi moi reformations aimed at transitioning to a more modern and market-based economy. presently, it is a mixed system between this state-planned economy and a capitalist economy, which is regulated by supply and demand.