Đổi Mới

High school (ages 12+)
History & Culture

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/i-mi

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the official commencement?December 1986
2. What is the economic model?Socialist-oriented market economy
3. What does Đổi Mới mean?Đổi Mới means "renovation" or "innovation" in Vietnamese.
4. Why did Vietnam start Đổi Mới in 1986?Vietnam began Đổi Mới because the old planned economy was not working well, causing shortages and low productivity.

Centralized Planned Economy: An economic system where the state dictates all production, distribution, and pricing.
Socialist-Oriented Market Economy: A hybrid economic system that blends market principles with socialist governance.
State-Owned Enterprises (SOEs): Businesses that are owned and operated by the government.