Vietnam's Policy of Foreign Investment and Its Effects on Economic Development after the Cold War
-
Abstract
From the unity to the end of the Cold War,Vietnam was in the the brink of collapse,due to the sharp drop of gross domestic product(GDP) and national income per capita,and the rising prices.After the Cold War,by continuously adjusting the policy of foreign investment and recommending the foreign capital vigorously,coupled with the overall advancement in innovation and opening up,Vietnam became one of the most dynamic economies of the world,had a significant increase in economy,and its economic growth has been going into the healthy track.How to reduce the dependency level of economic development on foreign capital,and improve the hematopoietic function of domestic products,are Vietnam's economic issues that must be solved.
-
-