Vietnam Doi Moi
This particular media piece shows the changes after the Doi Moi (Renovation) policies came into effect. This piece shows the economic changes that Vietnam experienced during the Doi Moi (Renovation) era. At the 7th Congress of the Communist Party in 1986, the Doi Moi policy came into effect. This policy would open Vietnam's doors to international investors/private corporations. It shifted Vietnam's centrally planned economy to a new market economy. The main reasons for this policy were due to rapid inflation, lagging productivity (Vietnam had to import rice in order to alleviate starvation). This gave people and organizations more autonomy. Due to the Doi Moi policy, we see an increase in motorcycle ownership and less of the traditional modes of transportation (human rickshaw, bicycles, etc.). Tuan Huynh owns a YouTube channel and this media is a part of his various compilations. I chose this piece because it shows images of what Doi Moi changed in Vietnam. This purpose of this media clip is purely for informational purposes. This clip also relates to the readings as well. In this clip, we see international corporations in Vietnam and the shift from a simple to more industrialized/high-tech environment. Bill Hayton’s “Introduction” from Vietnam Dragon Rising discusses the various multi-million dollar companies that came into Vietnam.
Written by: Randy Mai
Written by: Randy Mai
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