Vietnam’s economic model ‘informing’ Cuba’s market-related reforms

06 July 2026 President Díaz-Canel has confirmed that the model that Cuba is now pursuing is informed by Vietnam’s successful approach to economic development. The ‘renovation’ or ‘innovation’ process known as Đổi Mới  enabled the southeast Asian nation to develop from the 1980’s on, a successful and vibrant economy. Adopted by Vietnam’s Communist Party from […]

Vietnam’s economic model ‘informing’ Cuba’s market-related reforms

06 July 2026 President Díaz-Canel has confirmed that the model that Cuba is now pursuing is informed by Vietnam’s successful approach to economic development. The ‘renovation’ or ‘innovation’ process known as Đổi Mới enabled the southeast Asian nation to develop from the 1980’s on, a successful and vibrant economy. Adopted by Vietnam’s Communist Party from 1986 onwards…

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