JPRS Report: East Asia Southeast Asia
JOINT PUBLICATIONS RESEARCH SERVICE ARLINGTON VA
Pagination or Media Count:
As far as economic policy is concerned, the Heng Samrin regime, which is supported by Vietnam and which began administering the country on 8 January 1979, has tried to revive the countrys economy and trade by using a free trade system to promote an increase in production. It has tried to develop the countrys monetary system, and it introduced a currency system in 1980. And in 1980 it implemented the First Economic and Social Development Plan. The targets were to develop the agricultural sector by increasing production efficiency, revive medium and small scale industry in the country, and encourage people in the private sector to play a greater role in production by dividing the countrys economic activities into four types 1. State activities These are activities that are carried on only by the state. People in the private sector are not allowed to compete. 2. Cottage activities These consist of small scale production activities such as retail trade and handicrafts. 3. Joint ventures These are activities in which groups of private individuals join together to carry on production, with the focus being on agricultural activities. 4. Private sector activities These are important eco nomic activities that the state has opened up to people in the private sector and that the state is promoting. This includes various industrial activities.
- Economics and Cost Analysis
- Government and Political Science