Talk:Economy of Vietnam

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Untitled[edit]

Point of view error or possible vandalism in "Agriculture and Industry" section. Someone wrote "They don't even have an economy." Somebody please take a look!

The vast majority of the text in this article was copied wholesale (and without any acknowledgement, I might add) from an external website. The main problem with it is that it reads like a column from an American investor's magazine, dealing with the Vietnamese economy in terms of what a foreign businessman needs to know, not in terms of how the economy itself actually works. The other problem is the article's obvious, overwhelming bias and POV. Take a look at this quote, for example:

"Substantial reforms to create a sound banking system and privatize state-owned enterprises need to be speeded up."

It's not just POV, it's actually giving advice on what the Vietnamese government "should" do! The next time you copy some external article into Wikipedia, please proofread it first. I have made extensive edits to the article in order to NPOV it, but I couldn't solve the problem of the lack of information on the actual mechanisms of the Vietnamese economy. Mihnea Tudoreanu 23:48, 12 Sep 2004 (UTC)

Another, equally important issue is that the article only deals with Vietnam's economy after 1986. I have put up a notice to encourage contributions regarding the pre-Doi Moi era. Mihnea Tudoreanu 23:48, 12 Sep 2004 (UTC)

Actually, Nationmaster, your external link, copies from Wikipedia. However, you are right, in that the text here was (although I haven't checked specifically, I can assume) copied from the CIA World Factbook. Adam Bishop 23:51, 12 Sep 2004 (UTC)

Dong dilemma[edit]

See estimate by the International Monetary Fund with figures in millions of new Vietnamese Dong.

Year Gross Domestic Product US Dollar Exchange
1980 5,713 0.20 New Dong (2.05 Old Dong)
1985 100,464 6.69 New Dong (66.9 Old Dong)
1990 41,955,000 6,482.54 Newer Dong?

I have a situation. The above IMF estimates are restrospectively adjusted for new Dong only. So, they don't show devaluation in 1985 when 10 old Dong was replaced by 1 new Dong. In 1985, $ purchased 66.9 Dong before devaluation and 6.69 Dong after devaluation. I have corrected the article to reflect the change like here. But I am not sure about the cause of sudden plunge in the late Eighties. Can anybody confirm if there was another devaluation then or was it just the result of market pressure of the same currency introduced in 1985. Also, please confirm if the present Dong was the one introduced in 1985? After 1990, there seems to be no problem. Anwar 23:01, 9 June 2006 (UTC)

Well, I replaced the table with a more comprehensive one from that IMF data. -- Beland 21:12, 27 October 2007 (UTC)

oil?[edit]

I have read they are self-sufficient oil someone who knows more please to fill in.

Yes that is true,and Vietnam exports a significant number of them.This is mentioned in the CIA World Book. —Preceding unsigned comment added by Dwaynydelights (talkcontribs) 15:47, 26 September 2008 (UTC)

N11[edit]

Shouldn't it be mentioned that Vietnam has been named one of Next Eleven emerging economies of the world by Goldman Sachs? —Preceding unsigned comment added by 193.217.150.7 (talk) 15:49, 28 December 2007 (UTC)

ITC external link on trade data[edit]

Hello everyone, I am working for the International Trade Centre (ITC). I would like to propose the addition of an external link that could lead directly to the specific country’s trade data held by ITC. I would like you to consider this link under the WP:ELYES #3 prescriptions. Moreover, the reliability and the pertinence of this link can be supported by the following facts 1) ITC is part of the United Nations 2) No registration is required 3) Trade data (imports/exports) are regularly updated 4) The link gives direct access to the trade database of the specific country 5) The addition of reliable trade data to the Economy section of the country could provide an appropriate contribution to the information therein contained. Thank you for your attention.Divoc (talk) 04:01, 9 May 2011 (UTC)

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Grammar / tense (History section)[edit]

"Since reunification in 1975, the economy of Vietnam has been plagued by enormous difficulties in production, imbalances in supply and demand, inefficiencies in distribution and circulation, soaring inflation rates, and rising debt problems....Its peacetime economy is one of the poorest in the world and has shown a negative to very slow growth in total national output as well as in agricultural and industrial production."

This section should be re-written in the past tense, rather than present tense. As it currently reads, Vietnam has remained a poor/ stagnant economy since re-unification.

Dr. Evers's comment on this article[edit]

Dr. Evers has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:


Revise: Agriculture, fisheries and forestry Vietnam is the second llargest rice exporting country in the world, based on highly productive irrigated tripple cropping in the Red River and the Mekong Deltas (Ref: Renaud, F.G. and C. Kuenzer(Eds.): The Mekong Delta System.. Interdisciplinary Analyses of a River Delta, Springer Environmental Science and Engineering, XV, Springer) 2012. Rice production has increased to an estimated 45 million tons in 2014 (General Statistics Office of Vietnam, table Production of Main Annual Crops, https://www.gso.gov.vn)


We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Evers has published scholarly research which seems to be relevant to this Wikipedia article:


  • Reference : Evers, Hans-Dieter & Benedikter, Simon, 2009. "Strategic Group Formation in the Mekong Delta - The Development of a Modern Hydraulic Society," MPRA Paper 13796, University Library of Munich, Germany.

ExpertIdeasBot (talk) 16:32, 19 May 2016 (UTC)

Dr. Tarp's comment on this article[edit]

Dr. Tarp has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:


This is a sensible overview: A few comments: 1. Comment: "Almost all Vietnamese enterprises are small and medium enterprises (SMEs)." Looking at numbers of enterprises this can be said to be correct. But it would be informative to include the respective shares of output. Then it will appear that bigger firms (state and foreign) actually account for a significant share of production. 2. "the current period the economy of Vietnam relies largely on foreign direct investment to attract the capital from overseas." Foreign aid inflows could be mentioned here. They are still substantial. 3. A reference to an analysis of developments in the rural sector over the past decade is available at https://global.oup.com/academic/product/growth-structural-transformation-and-rural-change-in-viet-nam-9780198796961?lang=en&cc=au


We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

We believe Dr. Tarp has expertise on the topic of this article, since he has published relevant scholarly research:


  • Reference : Philip Abbott & Finn Tarp, 2011. "Globalization Crises, Trade,and Development in Vietnam," Working Paper Series UNU-WIDER Working Paper W, World Institute for Development Economic Research (UNU-WIDER).

ExpertIdeasBot (talk) 11:33, 22 December 2016 (UTC)

Northern Vietnam key economic region[edit]

Orphaned article has been created. The topic of Vietnam's key economic regions look like they might belong here. ~Hydronium~Hydroxide~(Talk)~ 08:22, 18 June 2017 (UTC)

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External links modified[edit]

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Referencing updates[edit]

I have reverted some edits which incorrectly update data. There seem to be two problems. One is that new data has been placed, but the reference is not updated. A reference that describes data from 2015 doesn't support the addition of updated data claiming to be from a different year. A new reference, with the updated data included, must be provided. The other is that references are added which don't work. Changing the name of a reference tag anchor doesn't change the information contained in the linked reference. Changing a name from "gso2015" to "gso2016" doesn't change the information in the reference; it just makes an undefined reference tag error. Key information in an article like this must certainly be referenced. Since old, correctly referenced information is better than new information that can not be verified, I have again reverted the edits.

If any editor needs help with adding correct reference tags, I'm happy to help. -- Mikeblas (talk) 15:34, 6 April 2018 (UTC)

A Commons file used on this page or its Wikidata item has been nominated for speedy deletion[edit]

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Price Control[edit]

The price control affirmation in the summary links to this article https://vietnamnet.vn/en/business/vietnam-enhances-rice-pork-price-stabilisation-623341.html which is not a policy of price control, it's a policy that stabilize prices but as a consequence of others things: Like mandatory stock. Calling that price control would be saying that the U.S practicizes price control because there's a mandatory reserve money banks must have. — Preceding unsigned comment added by Pablogelo (talkcontribs) 15:11, 26 September 2020 (UTC)