Government

Viet Nam has an economy on the grow. The north has great deposits of valuable minerals such as

Iron, Manganese, Titanium, Chromite and Anthracite Coal. Oil has been discovered of the coast in

the South China Sea and the sites are being developed. The primary export of Viet Nam is mined

materials due to these great deposits of valuable substances. The industry of the country is

continuing to feel the effects of the prolonged war and hence the current industrial ability is limited.

The sectors of industries that have the greatest growth rate are food processing and textile

manufacturing. The current premier is Vo Van Kiel and he is an economic reformer. The premier is

with the blessing of the current leader of the communist party, Do Muoi. In the late 1980's the

government policies have been shifting towards privatization and attracting foreign investment. In the

early 1990's the policy changes have had an effect and the economy has had limited success in

recovery from the Viet Nam War.

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