Renovation and overtaking

Thirty-five years of renovation have transformed Vietnam from a country confronted with food shortages in the 1980s into a middle-income economy and one of the world’s 20 leading international trade powerhouses.

Renovation and overtaking are an inevitable part of competition and development. Almost 100 million Vietnamese are committed to drastic reform, so that Vietnam can realize its goal of becoming a modern and industrial nation with high income.

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