The relationship between political institution, economic institutions and social institutions in rapid and sustainable national development

Abstract

In the process of implementing the renovation policy from 1986 to present, the relationship between economic institutions, political institutions and social institutions in Vietnam has been gradually adjusted in a synchronous and compatible direction, contributing significantly to the achievements of the country’s socio-economic development. However, there are still gaps and disparities between institutions that create social consequences and hinder development. Therefore, the urgent requirement now is to continue to perfect economic institutions associated with reforming political institutions and developing social institutions, while building a flexible and effective coordination mechanism the three institutional pillars.