Vietnam needs to bring the dong down

VIETNAM CURRENCY

Author: Chu Nguyen, UHD

The appreciation of the Vietnamese dong, coupled with characteristics specific to Vietnam’s transitional economy, leaves the State Bank of Vietnam (SBV) with difficult choices in conducting monetary policy. Luckily, the SBV retains adequate fiscal flexibility to respond to this pressure through its exchange rate policy. Read more…

Will the 2016 congress be the moment of change in Vietnamese politics?

Fireworks explode over Da Nang, Vietnam, 28 April 2015. (Photo: AAP).

Author: Alexander L. Vuving, APCSS

In 2016, Vietnam’s ruling Communist Party (CPV) will convene its 12th congress to select new leaders for itself and the country it rules. With new leaders will come new policies, but those who hope for the second coming of reform (doi moi lan 2) will likely be frustrated. Any changes will be insufficient to turn Vietnam into a new Asian tiger. Read more…

Forty years on, national reconciliation eludes Vietnam

A float depicting a tank that crashed through the gate of the presidential palace marking "the fall of Saigon" takes part in a parade celebrating the 40th anniversary of the end of the Vietnam War in Ho Chi Minh City, Vietnam, 30 April 2015. (Photo: AAP)

Author: Toan Le, Monash University

There are certain dates that hold special significance to particular communities of people. For the Vietnamese population, and the many men and women who served in the Vietnam War, 30 April is an unforgettable date. In Vietnam, the day is celebrated as a national holiday, as it marks the liberation of the Vietnamese people from the yoke of colonial rule with the fall of Saigon in 1975. Read more…

Vietnam’s democratisation movement

Civil society advocates contend that democracy also requires citizens knowing how to express themselves, listen to others, negotiate, and compromise. (Photo: AAP)

Author: Benedict J. Tria Kerkvliet, ANU

Since the mid 1990s, public criticism of the Communist Party of Vietnam (CPV) government has expanded to involve thousands of citizens across the country. From this ferment of criticism numerous individuals, networks and organisations have emerged that oppose the present regime — which many call authoritarian or dictatorial — and advocate democracy. Read more…

Regional strategic context improves Australia–Vietnam relations

Vietnam's Prime Minister Nguyen Tan Dung and Australia's Prime Minister Tony Abbott shake hands during a joint press conference, 18 March 2015. (Photo: AAP)

Author: Derek McDougall, University of Melbourne

Vietnamese Prime Minister Nguyen Tan Dung’s visit to Australia in mid-March 2015 has highlighted how Australia–Vietnam relations relate to the broader strategic picture in the Asia Pacific. Read more…

The US and Vietnam go from mutual ‘menace’ to mates

US President Barack Obama and Vietnamese Prime Minister Nguyen Tan Dung attend their bilateral meeting held on the sidelines of the ASEAN summit in Naypyitaw, Myanmar, 13 November 2015. (Photo: AAP).

Author: Hung Nguyen, George Mason University

US–Vietnam relations have come a long way. In 1982, in his report to the Fifth Congress of the Communist Party of Vietnam (CPV), Secretary-General Le Duan claimed that US–China collusion constituted ‘a factor constantly threatening world peace, and especially seriously menacing security and stability in Asia’. Read more…

Vietnam strikes out at labour disputes

Women work at a small size garment workshop on the outskirds of Hanoi on 2 May 2013. (Photo: AAP)

Author: Tu Phuong Nguyen, ANU

In January 2015, the Vietnamese government issued a decree on the implementation guidelines of the Vietnamese Labour Code. One of the sections of the decree deals with the resolution of workers’ strikes, which happen mostly in foreign enterprises. Though the numbers of strikes nationwide has declined, labour relations reform is still a government concern. The new decree stipulates a long bureaucratic process for strike settlement. Read more…