The reform process, known as Doi Moi, did not really take hold until
1988, but once the collectives were dismantled, land-use rights were
assigned to farmers, agricultural markets were liberalized, and wider
economic reforms were implemented.
• The country’s gross domestic product (GDP) grew at an annual rate of
7.6 percent, rapid increase in agricultural growth, which grew 4.9
percent annually between 1996 and 2000, when the growth rate
reached an all-time high