POLITICAL OUTLOOK: Communists Welcome Capitalists

October 2005
Asia Monitor: South East Asia Monitor Volume 1;Oct2005, Vol. 16 Issue 10, p4
Country Report
Country Report
The article presents information on the political conditions in Vietnam. The Communist Party of Vietnam (CPV) has maintained its strong grip on power since the end of the war in 1975. The government is aware that the fortunes of the party are dependent on maintaining strong economic growth, and improving the prosperity of the population. One sign of the changes taking place is the decision by the central committee of the CPV to allow private entrepreneurs to join its ranks. Officially, the move is aimed at encouraging foreign investment.


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