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http://truth-out.org/news/item/24036-capitalism-by-blowtorch-climate-change-meets-economic-growth-in-vietnam
Red flags flutter from every building and lamppost, surrounded by a sea of giant cranes scarring the skyline. Wherever one looks, buildings are under rapid construction. Car showrooms full of gleaming Western luxury vehicles wait silently, ready to be driven off the forecourt by the small segment of newly affluent Vietnamese with tens of thousands of dollars in disposable income. Funded by Western and Japanese banks, ultra-modern airport terminals rise among the paddy fields, as urban expansion explodes across a countryside still dominated by small farmers tending six acre plots.
Emblazoned with the symbol of proletarian unity and emancipation, it's clear that the worker's hammer crossed with a peasant's sickle, sown into the corner of each red flag, is a long way from the national guiding principle of the Vietnamese Communist Party, in a country which has strayed very far from Ho Chi Minh Thought.
Embalmed in his mausoleum since his death in 1969, Ho Chi Minh was very much a proponent of national development, though it seems unlikely that the much-venerated leader of the Vietnamese resistance to first French, then American rule, would recognize much of the program of the party he helped found in the 1920s.
By the 1980s, the Vietnamese Communist Party had begun the process of instituting a "socialist-oriented market economy." Its policy of Doi Moi ("Renovation"
in 1986, the normalization of diplomatic relations with the United States in 1995, and the signing of a bilateral trade agreement in 2001 facilitated Vietnam joining the World Trade Organization in 2007. Through the instigation of market reforms and liberalization, the Communist Party has sought to overcome the problems of distribution and manufacture of goods and food production generated by a centralized, top-down, one-party state.
Red flags flutter from every building and lamppost, surrounded by a sea of giant cranes scarring the skyline. Wherever one looks, buildings are under rapid construction. Car showrooms full of gleaming Western luxury vehicles wait silently, ready to be driven off the forecourt by the small segment of newly affluent Vietnamese with tens of thousands of dollars in disposable income. Funded by Western and Japanese banks, ultra-modern airport terminals rise among the paddy fields, as urban expansion explodes across a countryside still dominated by small farmers tending six acre plots.
Emblazoned with the symbol of proletarian unity and emancipation, it's clear that the worker's hammer crossed with a peasant's sickle, sown into the corner of each red flag, is a long way from the national guiding principle of the Vietnamese Communist Party, in a country which has strayed very far from Ho Chi Minh Thought.
Embalmed in his mausoleum since his death in 1969, Ho Chi Minh was very much a proponent of national development, though it seems unlikely that the much-venerated leader of the Vietnamese resistance to first French, then American rule, would recognize much of the program of the party he helped found in the 1920s.
By the 1980s, the Vietnamese Communist Party had begun the process of instituting a "socialist-oriented market economy." Its policy of Doi Moi ("Renovation"
in 1986, the normalization of diplomatic relations with the United States in 1995, and the signing of a bilateral trade agreement in 2001 facilitated Vietnam joining the World Trade Organization in 2007. Through the instigation of market reforms and liberalization, the Communist Party has sought to overcome the problems of distribution and manufacture of goods and food production generated by a centralized, top-down, one-party state.Edit history
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