Vietnam is rebuilding its economy today by allowing some free enterprise and adapting their approach to economic growth.
No. Vietnam is a command economy.
Developing economy
It must be a lot and be significant for the US economy, I think.
Communists economy.
Vietnam was a war against the nation of NORTH Vietnam and communism. Iraq is the restoration of law and order; and stability to the country.
economy A+ users
Jordan
Mostly agriculteral.
Economy clari
Vietnam has a combination of planned and socialist oriented market economy.
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
ECONOMY: IND:petroleum,natural gas,light industries. AGR:wheat,barleys,oats,grapes,sheep. EXP:crude oil,marine products,rice,coffee