A more reasonable procedure would have been to grant Vietnam five years to adjust in both fields. Europe proceeded this way with post-Marxist countries. Last year many diplomats expressed reservations about the abrupt decision, but of course they did not wish to be quoted. It has been clear that the Vietnamese economy was not capable of fulfilling the expected criteria. It remains bureaucratically centralized under the one-party system.
Business deals have to be joint ventures with communist bureaucrats or military and party cadres.
The recent Communist Party Congress in Hanoi has clearly proven them wrong. Let new members have time to adjust toward a consensus, which at present is opposite to their political philosophy. All Rights Reserved. Terms under which this service is provided to you. Read our privacy guidelines .