History of Vietnam Essay: After the Death of Ho Chi Minh
Vietnam is an example in the world not just for beating the United States but by the union their people demonstrated at that moment. Their organization was a result of Ho Chi Minh’s vision. Even though he could not see Vietnam consolidated, he was the key factor in this achievement.
His death in 1975 prevented him from seeing the victory of Communist Vietnam (North Vietnam under his control) over South Vietnam, which was allied with the US. When the war was over, in 1986, “Đổi mới” (Renovation) began with the use of a range of political and economic reforms (Murray 24-25) of which the principal objective was to turn the economic system into a socialist-oriented market economy, a similar system used in China, with many controls of the state and an open market to the world.
The Communist Party of Vietnam (CPV) took control of the state, socialized the land, and invested in the agriculture of rice, sugar cane, and fruits. They also legalized the private enterprise, thus permitting foreign companies to invest while maintaining the domestic workforce. They achieved a GDP (Gross Domestic Product) that positions the country in 44th place worldwide according to the World Bank in 2018.
At the moment, there is a debate about whether real communism exists in Vietnam. On the one hand, the Central Committee of the Communist Party of Vietnam (founded by Ho Chi Minh himself in 1927) has contributed to the advancement of Vietnam as a socialist republic by approving plans annually, and in the other, they have a market open to the rest of the world, criticized by many because it responds very well to capitalism.
References
Murray, Geoffrey. Vietnam: Dawn of a New Market. New York: St. Martin’s Press, 1997. 24-25. Print.
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