@article{Hieu:200292,
      recid = {200292},
      author = {Hieu, Phan Sy},
      title = {A Qualitative Review of Vietnam’s 2006–2010 Economic Plan  and the Performance of the Agriculture Sector},
      journal = {Asian Journal of Agriculture and Development},
      address = {2014-06},
      number = {1362-2016-107723},
      pages = {25},
      year = {2014},
      abstract = {Vietnam’s economy faced difficulties in the 2006–2010  period due to the global financial crisis. The average  inflation rate (>20%) was higher than the expected level  (<10%) for the period. The average GDP growth rate (6.3%)  was lower than the target (7.5%). In the global context,  however, Vietnam’s economic growth and inflation rate were  still seen as successful due to the government’s strong  policy and administration interventions. Nevertheless,  similar to the outcomes of the country’s other economic  plans since 1986, the key “relative targets” of the plan  for 2006–2010 were not successfully achieved, including  that for reduced income inequality, thus restraining  Vietnam’s long-term growth. The main reason is that  policies implemented to achieve these goals are not at  “equilibrium” quantitative points. Therefore, more  investment in research that applies large-scale  mathematical economics models is urgently needed, similar  to the ones used widely by many other governments in the  world. In addition, the government’s role in managing and  developing domestic markets should be improved to protect  farmers who always sell their products at prices lower than  the shadow prices.},
      url = {http://ageconsearch.umn.edu/record/200292},
      doi = {https://doi.org/10.22004/ag.econ.200292},
}