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Đổi Mới (IPA: [ɗo᷉i mə̌ːi]; transl. "renovation" or "innovation") is the name given to the economic reforms initiated in Vietnam in 1986 with the goal of creating a "socialist-oriented market economy". The term đổi mới itself is a general
The political and economic reports stressed Đổi Mới (Renovation), and Vietnam specialist Carlyle Thayer wrote that Võ Văn Kiệt may have been the foremost advocate of this concept. [19] In his speech to the Congress, Võ Văn Kiệt said, "in the economic field, there will be renovation in economic policies and the management system."
The socialist-oriented market economy is a product of the Đổi Mới (innovation) economic reforms which led to the replacement of the centrally planned economy with a market-based mixed economy based on the predominance of state-owned industry. These reforms were undertaken to allow Vietnam to integrate with the global economy.
The Central Committee (CC) is not a permanent institution. Instead, it convenes plenary sessions between party congresses. When the CC is not in session, decision-making powers are delegated to its internal bodies; that is, the Politburo and the Secretariat.
Nguyễn Văn Linh was the general secretary of the Communist Party of Vietnam from 1986 to 1991 and a political leader of the Vietcong during the Vietnam War. During his time in office, Linh was a strong advocate of "Đổi Mới" (renovation), an economic plan whose aim is to turn Vietnam economy to a socialist-oriented market economy.
Following the death of Lê Duẩn in July 1986, Trường again became General Secretary, and held the post until December 18, 1986. His last vital role was to carry forward the Đổi Mới renovation that still affects Vietnam to this day.
31 March 1982 – 18 December 1986 (4 years, 262 days) Overview; Type: Central Committee of the Communist Party of Vietnam: Election: 5th National Congress: Leadership; General Secretary: Lê Duẩn (March 1982-July 1986) Trường Chinh (July 1986-December 1986) Politburo: Members: 13 Alternates: 2: Secretariat: 10 members: Members; Total: 116 ...
In the difficult post-war years, he was one of the most prominent reformist leaders that led the Đổi mới (lit: Innovation) policy in Vietnam since 1986. His premiership (1991–1997) saw the country's return to the world arena after decades of war and isolation. He is considered as the "general engineer" of many bold projects of the Doi ...