During this period, the government has implemented a series of measures oriented macroeconomic reforms such as liberalization of the market prices of most consumer goods, removal of subsidies through the state budget for commodity prices consumer goods, floating exchange rates close to market rates, implementation of financial autonomy for state enterprises.
most important turning point in this period was the issuance of foreign investment law in 1987 since then the law has been amended twice to create more opportunities for more favorable foreign investors. along with the promulgation of the law of foreign investment, Vietnam has also renewing the provisions on customs, immigration and export to create favorable conditions for the expansion of economic relations with foreign countries.
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