Vietnamese market economy from the perspective of cultural center-periphery relation

Abstract

Currently, in Vietnam, there are many conceptions of a socialist-oriented market economy. However, interpretations of socialist orientation and the characteristics of the socialist-oriented market economy in Vietnam given by scientists have not yet made clear the characteristics of socialist orientation of the economy that Vietnam is building. Meanwhile, Vietnam’s experts and economic managers tend to promote private enterprise to play a dominant role in the market economy following the general pattern of the world. The article clarifies specific cultural features of Vietnamese market economy, analyzes the roles of state-owned and private enterprises as well as the center - periphery relation of each economic sector through the perspective of cultural center - periphery relation. On that basis, the article affirms the socialist-oriented market economy is to establish center - periphery relation, in which the center - periphery relation is an equal, fairly competitive relation which has brought a positive contribution from the public and private sectors to Vietnam’s economy.