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I don't know what the differences between the "Vietnam model“ and the "China model" are supposed to be. Both countries normalized relations with US, maintained Communist Party control, and developed export manufacturing. Can anyone enlighten me?
The only two things I can think of are:
1. Vietnam has been less controlling on the internet than China
2. Vietnam allows google, facebook, and many other foreign internet companies to operate in the country.
Maybe @BaldingsWorld can add some info?
I'm still learning myself but I can say the Vietnamese government does behave currently very differently than China. There are real similarities but significant differences. Current account surpluses, strictly managed capital controls, foreign investment, etc very similar 1/2
However, not nearly the level of government or Party control, nor the rabid nationalistic animosity towards foreigners or foreign business you see in China. Lower levels of social control than in China but corruption from what I hear an ever present concern
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