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Does Vietnam have a free market economy?

Anonymous

∙ 14y ago

Updated: 11/4/2022

No. Vietnam is a command economy.

Wiki User

∙ 14y ago

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Is it necessary to have democracy to have a free enterprise economy?

It is. However, some countries, such as China and Vietnam has tried to keep its one party policy while gradually moving towards free market economy approach.

What are the merits and demerits of free market economy?

what are the merits and demerits of free market economy

What is the opposite of free market?

A free market economy

What are the components of a free market economy?

A free market economy is a market based one. The prices of goods and services are determined independently in a free market.

Is Egypt a market economy?

Egypt is a free market economy.

Related Questions

What is canadas economy based on?

A free market economy

What are the merits and demerits of free market economy?

what are the merits and demerits of free market economy

What is the opposite of free market?

A free market economy

Is Egypt a market economy?

Egypt is a free market economy.

Does Singapore have a command or free market economy?

A market economy

What are the components of a free market economy?

A free market economy is a market based one. The prices of goods and services are determined independently in a free market.

What kind of economy does Hong Kong have?

a free economy with few goverment regulations

Is it necessary to have democracy to have a free enterprise economy?

It is. However, some countries, such as China and Vietnam has tried to keep its one party policy while gradually moving towards free market economy approach.

Does Germany have a free market economy?

Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.

What is vietnam's economic system?

Vietnam has a combination of planned and socialist oriented market economy.

What type of economy does Panama have?

Panama's economic system is a free-market economy.

Does Germany have a command economy or free market economy?

Neither: it is capitalist with state interference.

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