ABSTRACT
The Doi Moi policy has brought many remarkable economic achievements for Vietnam. During the decade 1986-95, Vietnam’s real GDP grew, on average, 6.4 percent per annum. This growth rate was highest among the 40 poorest countries listed in the World Development Report 1996 (see World Bank 1996:172 and 188).l Thanks to this rapid economic growth, income poverty in Vietnam dropped from 75 percent to 40 percent during the same period (see UNDP 1997:38).
