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1986, Vietnam began implementing Innovation line with the three pillars: (i) transition from planned economy to a centrally operated under the market mechanism; (ii) develop a multi-sector economy in which the private sector plays an increasingly important role; (iii) economic integration initiative in the region and the world effectively and in accordance with practical conditions of Vietnam.
After more than twenty years since the Party Congress in 1986, the renovation of Vietnam Nam has made great achievements, Vietnam's economy has maintained a high growth rate for several years. Becoming a member of the World Trade Organization (WTO) to promote Vietnam's economy is deeply integrated, broader in the global economy, the chance to take advantage of external resources to promote industrialization, modernization. Vietnam aims to strive to 2020 basically become an industrialized country toward modernization.
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