ntract production to households. The full reform program, "doi moi" (renovation), was initiated in 1986. It continued decollectivization, removed price controls, legalized markets and private enterprise, but had its full effect only after the collapse of the Soviet Union and the CMEA trading bloc in 1989. Once Vietnam began trading in the global market it quickly became a major exporter of rice and other agricultural products. Trade also stimulated rapid growth in the industrial and service sectors, which both exceeded agriculture in shares of GDP by the late 1990s. ...
