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After the Han, a miracle on the Mekong?

Forty years after Vietnam launched Doi Moi, a farmer in Can Tho offers a starting point for considering its next leap. Le Dong Phuong initially doubted that sowing fewer seeds could maintain her rice harvest. According to a 2024 World Bank account, repeated visits to demonstration farms eventually convinced her. Before changing how she worked, she needed evidence that the change would benefit her…

After the Han, a miracle on the Mekong?

Forty years after Vietnam introduced Doi Moi, a farmer in Can Tho provides a starting point for evaluating its next major step. Initially skeptical, Le Dong Phuong eventually embraced the idea of planting fewer seeds. Her decision came after multiple visits to demonstration farms, which offered concrete evidence that this change would positively impact her family.

Vietnam’s goals are ambitious. At its 14th Party Congress in January, it set a target of an annual GDP growth rate of at least 10 percent from 2026 to 2030, with the long-term aim of becoming a high-income nation by 2045. These ambitious objectives echo a familiar question posed about Korea: could Vietnam replicate the "miracle on the Mekong" following its "miracle on the Han"?

The author believes that Korea’s most valuable contribution to Vietnam lies in a candid examination of its own history.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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