Doi Moi policy and the small-enterprise boom in Ho Chi Minh City, Vietnam

  • D. B. Freeman (1996). Geographical Review, 178-197
  • Abstract: Ho Chi Minh City, the largest and most dynamic metropolis in contemporary Vietnam, is undergoing an economic boom. The upswing is often attributed to Doi Moi (Renovation), a sudden reversal of Communist Party policy that occurred in 1986. Sharing in this boom are the city's numerous and widely distributed petty enterprises, the importance of which has often been overlooked. This study highlights the informal sector as an agent leading to Doi Moi and presents evidence that petty enterprises, informal banking, and irregular trading laid the foundations for the successful liberalization of national economic policies and for the present pattern of development in Ho Chi Minh City.
  • Theme: Growth and performance
  • Keywords: Doi Moi policy, Ho Chi Minh City, Informal economy, Petty enterprises, Vietnam, doi moi, economic reform, microenterprise, urban economy, Vietnam, Ho Chi Minh City
  • Reference type: Journal Article
  • Geographic location: Vietnam, Asia, Global South
  • Quality:
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