VietNam's economic development and asean intrergration:Pats successes and future possibilities

Abstract

The evidences of the successful implementation of the dol mot policy of 1986 are clearly visible throughout Vietnam. This is especially true of Hanoi and the northern region of the country. Doi moi was put into effect by the Communist Party of Vietnam in order to provide a higher quality of life for the cifizens of the country. This success has, owever, come at a cost. Vietnam has come to resemble many of its .A.SEAN neighbors, especially Singapore, Malaysia and Thailand in its acceptance of foreign trade and investment and in its globalized commerce and finance which makes it competitive with other countries in the region. In 2015 the countries of the Southeast Asian Region are supposed to advance to the next step, that of economic integrafion. "Whether or not that can be successful is already being debated by scholars.