The Market-Leninism Model in Vietnam

Sustainable Development Goals in Action

Program Overview

Vietnam’s cautious move towards market reforms have led to impressive economic growth while maintaining aspects of its political economy including the dominance of the state-owned sector. Vietnam’s reform policies known as Doi Moi (Restoration), which began in 1986, transformed the country from one of the world’s poorest to a lower middle-income country. Known as a socialist market economy, its development model has been termed “market-Leninism” which refers to the combination of a market economy with social control of capital.

Vietnam achieved relatively high rates of economic growth averaging 5.9% in 2000-2015 and 6% during the period 2016-2020. Its political system, a one-party communist state, remained unchanged over the past three decades. Currently, the economy is facing a tumultuous period marked by a decline in exports and investment. This program focuses on understanding Vietnam’s political economy of market-Leninism by exploring its history and its current prospects and challenges. Students will meet with both state-owned and private enterprises, interact with experts and policy makers to gain insights into the political economy of Vietnam.

Key Program Elements

Interact with leading state-owned enterprises, private sector companies, and social enterprises to understand Vietnam’s political economy.

Gain insights into Vietnam’s economic prospects and challenges through interactions with organizations and journalists.

Interact with NGOs to understand the development of Vietnam.

Suitable Disciplines



Industrial & Labor Relations


Non-Profit Management

International Relations



Featured Cultural Experiences

Eco Tour in Hanoi Vietnam

Eco Tour in Hanoi

Galaxy Cave in Thailand

Row Boat Trip to Galaxy Cave in Hanoi

Monkey Bridge in Mekong Delta Vietnam

Monkey Bridge in Mekong Delta

Boat Ride in Mekong Delta River Vietnam

Boat Ride in Mekong Delta River

Cu Chi Tunnels in Ho Chi Minh City Vietnam

Cu Chi Tunnels in Ho Chi Minh City

Dinner cruise in Ho Chi Minh City Vietnam

Dinner cruise in Ho Chi Minh City

Active Learning Models

Collaborative Learning

Students are grouped into 3-6 per team; teams are assigned a topic to research, which they present to the rest of the group. Some recommended topics include:

  • About the country: present before departure.
  • About the city: present upon arrival, right after orientation & safety briefing.
  • About individual visits: present before visiting the person/organization.

Problem-Based Learning

Students are grouped into 3-6 per team; each team is presented with a challenge question, identified either by the faculty or by the organizations visited; teams do research and present findings to an audience (including organization if the question was from them).


Day 1: Arrival & Hotel Check-in

Arrival in Hanoi and check-in at hotel (on own). Free time to acclimatize to city.

Day 2: Company Visits + Welcome Dinner

Company visits in the morning; Welcome dinner in the evening.

Day 3: Company Visits + Free Evening

Company visits followed by free evening.

Day 4: Full Day Immersion

Full day immersion in Hanoi.

Day 5: Hanoi- Ho Chi Minh City

Flight to Ho Chi Minh city in the morning. Free time to explore on own in afternoon.

Days 6 & 7: HCMC Company Visits + Free Evening

HCMC Company Visits; Evening Free.

Day 8: HCMC – Mekong Delta – HCMC

Cultural immersion and social enterprise visits.

Day 9: Cultural Immersion in HCMC + Farewell Dinner

Cultural Immersion in HCMC in the morning. Farewell dinner cruise on Saigon River.

Day 10: Departure

HCMC check-out; Transfer to airport (on own).

Pricing & Inclusions


(Twin-sharing for students and single-occupancy for faculty and staff; based on a group size of 20+2)

*Please note that the cost of our programs may vary depending upon several factors, including but not limited to the size of the group, program inclusions, the number of program days and more. Kindly contact us for a customized quote that suits your specific requirements.

  • AC Coach for business meetings, tours, and group meals as per schedule (incl. taxes, tolls, parking, 2 water bottles/day/person)
  • 1 Economy class flight ticket from Hanoi – Ho Chi Minh city

Ready To Take Action?

If you are ready to take your study experience to new heights, kindly fill out the “Apply Now” form or submit your enquiry through the “Enquire Now” form. Rest assured, we will promptly reach out to you.