The Political And Social Consequences Of Vietnam s...

Vietnam s Communist Party is now facing the political and social consequences of its decision to integrate the country with global capitalism. The Communist Party has been enforcing a campaign against what it considers â€Å"social evils† like prostitution and there is a strict new law to stop the exploitive adoption of Vietnamese babies by wealthy foreigners. Vietnam formally joined the World Trade Organization in 2007 and now has to change many of its laws and practices to comply with WTO rules. Vietnam’s official name is The Socialist Republic of Vietnam, and because of its socialist ideology, the government doesn’t recognize the private ownership of land. Although the Communist Party is still in power in Vietnam, appoints most†¦show more content†¦Because of the boom in the economy caused by the success of Doi Moi allowing international investment, the Communist Party itself has been required to support the return of tens of thousands of Vietnames e who had fled Vietnam during the Vietnam War era but who now want to return home as business owners and entrepreneurs. The government created an assistance committee called Viet Khieu for these returnees. Although the Communist Party distrusts the political views, wealth, and Western customs of these returnees and may see them as a threat, the goal is to create economic prosperity and their education and experience abroad has brought an economic benefit to the country. As part of its modernization plans, the Communist Party is improving Vietnam’s infrastructure enormously with the construction of modern freeways. It has planned a high-speed rail system between Hanoi and Ho Chi Minh City to connect North to South. Vietnam is beginning the construction of a Vietnam-China road that will reduce the travel time to China to one day, compared to the previous trip of two or three days. Not only will transportation along this road increase the supply of Vietnam’s exports to China, China’s exports will have a faster, easier route into the global market through Vietnam’s seaports than through the current shipping ports in China. Despite Vietnam’s efforts since the 1950s to become an industrialized nation, it’s still an agricultural economy and most of its citizens are