The socialist oriented market economy in Vietnam: Theory and practice
The socialist oriented market economy in Vietnam: Theory and practice
The choice between the market or non-market economy is obvious - the market-based economy has indisputable and outstanding advantages. Different growth models, different success or failure stories, are linked to a nation’s rightful, efficient and appropriate approach, depending on each nation’s conditions and each specific period, in tackling the relationship between the market and the state – two methodologies for resource allocation which can complement each other but can also cancel each othe