Market economy best for Vietnam: poll
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The majority of Vietnamese people prefer a market economy to an alternative economic system, according a survey released on April 15 in Ha Noi.
The poll was conducted from August to October last year by the Vietnam Chamber of Commerce and Industry and the World Bank.
The survey on changing attitudes to the market and the state polled 1,000 respondents, with 39 per cent coming from the state sector and 41 per cent from the corporate sector, said pollsters.
Only 7 per cent of respondents preferred a state-led economy.
“However, there is some confusion about whether Vietnam has really become a market economy or still remains a state-led economy,” said Dau Anh Tuan, from the survey’s research team.
He said only 25 per cent of respondents agreed that Vietnam was a full market economy, while 22 per cent thought Vietnam remained basically a state-led economy.
“Vietnam needs more time to convince more people fully that we are now a market economy,” Tuan said.
The survey found that 68 per cent of respondents thought the state should intervene in the market to stabilise the price of essential goods, such as electricity, petroleum, the exchange rate, the gold price and the cost of land.
