Deputy Prime Minister Nguyen Xuan Phuc presided over a conference inHanoi on July 3 to review the development of a socialist-orientedmarket economy.
Phuc, a member of the SteeringCommittee for reviewing theoretical and practical issues during 30 yearsof the Doi Moi (renewal) process (1986-2016) and head of its EconomicGroup, spoke highly of the summarisation process with the seriousinvolvement of agencies, units and localities.
Heunderlined the need to clarify the definition of the socialist-orientedmarket economy model as well as the key role of the State-run economy.
Private businesses serve as an important driving force for the economic development, he affirmed.
At a similar event recently held in Ho Chi Minh City , Deputy PrimeMinister Phuc said after 30 years of Doi moi, the major aspects of asocialist-oriented market economy have been put in place and graduallyperfected.
Economic and political reforms havehelped the nation get out of the economic crisis and turn into amiddle-income country.
Vietnam is striving to fully integrate into the global market economy by 2018.-VNA
Phuc, a member of the SteeringCommittee for reviewing theoretical and practical issues during 30 yearsof the Doi Moi (renewal) process (1986-2016) and head of its EconomicGroup, spoke highly of the summarisation process with the seriousinvolvement of agencies, units and localities.
Heunderlined the need to clarify the definition of the socialist-orientedmarket economy model as well as the key role of the State-run economy.
Private businesses serve as an important driving force for the economic development, he affirmed.
At a similar event recently held in Ho Chi Minh City , Deputy PrimeMinister Phuc said after 30 years of Doi moi, the major aspects of asocialist-oriented market economy have been put in place and graduallyperfected.
Economic and political reforms havehelped the nation get out of the economic crisis and turn into amiddle-income country.
Vietnam is striving to fully integrate into the global market economy by 2018.-VNA
