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    Đổi Mới which means "renovation" or "innovation" in Vietnamese is the name given to the economic reforms initiated by the Communist Party of Vietnam during the 1980s with the supposed goal of creating a "socialist-oriented market economy".


    The father of Đổi Mới is said to be Nguyễn Văn Linh who was the general secretary of the CPV from 1986 to 1991. Nguyễn Văn Linh could be seen as the Vietnamese equivalent to Hu Yaobang and Zhao Ziyang as he liberalized the Vietnamese economy and politics. While Đổi Mới was officially introduced at the 6th National Congress of the CPV in 1986, the Vietnamese government had allowed decentralization of economic decision-making since 1979.

    One of the most important advocates for Đổi Mới was Võ Văn Kiệt who served as Prime Minister of Vietnam from 1991 to 1997. Võ Văn Kiệt can be seen as Vietnam's equivalent of Deng Xiaoping as he oversaw his nation's return to the world arena after decades of war and isolation and normalized relations with the US, ending 20 years of formal mutual enmity and American embargo after the fall of Saigon. Võ Văn Kiệt's advocacy for privatization and deregulation of the economy was met with much criticism from more conservative Party members and the CPV just like its Chinese counterpart became plagued by power struggles and factionalism between reformists and conservative members.

    In the early 1990s, under Võ Văn Kiệt, Vietnam accepted World Bank reform advice for market liberalization and the number of private enterprises increased, and investment from foreign corporations was encouraged thus moving Vietnam further and further away from Ho Chi Minh's vision of a communist society.

    As a result of vast privatization and economic reforms, Vietnam underwent a miraculous economic transformation in the 1990s. However, massive inequality, negative environmental effects, lack of social welfare, exploitation by both domestic and foreign corporations, and high levels of corruption and nepotism still plague Vietnam to this day.

    During the 2000s the CPV, just like its Chinese counterpart under Jiang Zemin and Zhu Rongji, came to be largely dominated by "right-leaning" politicians such as Nguyễn Tấn Dũng, Nguyễn Minh Triết, and Trương Tấn Sang, who advocated for an authoritarian capitalist form of government with economic growth being prioritized over equality and welfare. During the Premiership of Nguyễn Tấn Dũng (2006-2016), human rights deteriorated significantly and Vietnam became one of the most dangerous countries for journalists.

    In 2011 Nguyễn Phú Trọng became the General Secretary of the CPV and the most powerful man in the country. Nguyễn Phú Trọng bares many similarities with China's Xi Jinping due to his outspoken disdain for his fellow party members' loss of "Marxist-Leninist virtue, " increase in censorship, persecution of human rights activists and political dissidents. Nguyễn Phú Trọng in a similar manner to Xi managed to consolidate power through a large-scale anti-corruption campaign against political opponents without enacting any judicial reform. The CPV under the regime of Nguyễn Phú Trọng's government has in recent times faced a lot of controversy over its handling of the Covid19 pandemic. Although Vietnam's response to the pandemic has received international acclaim for its effectiveness to stop the spread of the virus it has been met with much criticism at home for imposing strict and inhumane lockdowns which many Vietnamese citizens perceive as another move by the CPV to maintain its dictatorship.



    How to draw





    • Market Socialism - I totally am you.
    • Dengism - We historically were enemies but Jiang Zemin made China Vietnam’s largest trade partner.
    • Neoconservatism - I forgive you. Now I like to hang out with US War Veterans like Robert McNamara and John McCain to discuss old memories from the war. But I’m not your proxy against China and quit funding Color Revolutions.
    • Third Way - Thank you Obama for ending the US embargo on leathal arms but why support Mai Khoi?


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