Five-Year Plans of Vietnam

The Five-Year Plans of Vietnam are a series of economic development initiatives. The Vietnamese economy is shaped primarily by the Vietnamese Communist Party through the plenary sessions of the Central Committee and national congresses.^[1] The party plays a leading role in establishing the foundations and principles of communism, mapping strategies for economic development, setting growth targets, and launching reforms.^[1]

Planning is a key characteristic of centralized, planned economy, and one plan established for the entire country normally contains detailed economic development guidelines for all its regions.^[1] According to Vietnamese economist Vo Nhan Tri, Vietnam's post-reunification economy was in a "period of transition to socialism".^[1] The process was described as consisting of three phases.^[1] The first phase, from 1976 through 1980, incorporated the Second Five-Year Plan (1976–80)--the First Five-Year Plan (1960–65) applied to North Vietnam only.^[1] The second phase, called "socialist industrialization", was divided into two stages: from 1981 through 1990 and from 1991 through 2005.^[1] The third phase, covering the years 2006 through 2010, was to be time allotted to "perfect" the transition.^[1]

The party's goal is to unify the economic system of the entire country under socialism.^[1] Steps were taken to implement this goal at the long-delayed Fourth National Party Congress, convened in December 1976, when the party adopted the Second Five-Year Plan and defined both its "line of socialist revolution" and its "line of building a socialist economy".^[1] The next two congresses, held in March 1982 and December 1986, respectively, reiterated this long-term communist objective and approved the five-year plans designed to guide the development of the Vietnamese economy at each specific stage of the revolution.^[1]

^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ ^j ^k Cima, Ronald J., ed. (1989). Vietnam: a country study. Washington, D.C.: Federal Research Division, Library of Congress. pp. 149–153. OCLC 40294997. This article incorporates text from this source, which is in the public domain.{{cite encyclopedia}}: CS1 maint: postscript (link)

[:0-1] ^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ ^j ^k Cima, Ronald J., ed. (1989). Vietnam: a country study. Washington, D.C.: Federal Research Division, Library of Congress. pp. 149–153. OCLC 40294997. This article incorporates text from this source, which is in the public domain.{{cite encyclopedia}}: CS1 maint: postscript (link)

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