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Vietnam's transition to a market economy has transformed the country and the lives of its people. In 1986, Vietnam launched Doi Moi, a homegrown, political and economic renewal campaign that marked the beginning of its transition from a centrally planned economy to a socialist-oriented market economy. At that time, Vietnam was one of the poorest countries in the world, and with many problems: hyperinflation, famine, drastic cuts in Soviet aid, and...
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