Economics

Vietnam Seeks Constitutional Revision to Support Economic Change

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Vietnam will amend its constitution to allow for changes to the economy, as it seeks to extend the growth dividends of a shift from Soviet-style central planning to a market-oriented model more than two decades ago.

The goal is to ensure synchronized political and economic change, Deputy Minister of Justice Hoang The Lien said in a question-and-answer session on the draft revisions, according to a transcript on the government’s website. Adjustments will be made in articles on the economy, education, environment and culture, according to Nguyen Van Phuc, deputy head of the National Assembly’s Economic Committee and the team drafting the amendments, the second set since a new constitution in 1992.