Social Relations and Social Capital in Vietnam: Findings from the 2001 World Values Survey

Dalton, R. J., Pham Minh Hac, Pham Thanh Nghi and Ong, Nhu-Ngoc T
It is almost an understatement to say that Vietnam has experienced dramatic social, economic, and political changes in recent years. Following decades of war, North Vietnam and South Vietnam became the Socialist Republic of Vietnam in 1975, and has been ruled since then by the Vietnamese Communist Party. But in 1986, the Vietnamese government introduced extensive renovation (doi moi) policies that were extended even farther by the 1992 constitution (Turley and Selden 1993). These reforms allowed prices to float, introduced private sectors into business, decollectivized farmlands, and liberalized foreign trade and investment. A series of economic, social and legal reforms have followed from the marketization of the economy. In 1999 Vietnam and the United States normalized trade relations, and Vietnamese participation in the international economy has grown steadily over the past decade. The Vietnamese are also experiencing improving living standards, with the World Bank reporting impressive gains in the late 1990s, with rising incomes and reduced rates of poverty (World Bank 2001). Much remains to be done, but significant change has occurred over the past decade...

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