1986 Doi Moi (Renewal): Pivotal turning point in socialist construction
The sixth National Party Congress in December 1986 mapped out the Doi Moi (Renewal) policy and initiated the process of Party-led reforms in Vietnam. This marked a crucial turning point in socialist construction, unleashing national strength and potential to propel the country forward. During the 1986–1995 period, the Party led the reform, abolished the subsidy mechanism, and transitioned to a socialist-oriented market economy, overcoming socio-economic crises and laying a firm foundation for international integration.
