Our Work in Vietnam

About 30 years ago, the Communist Party of Vietnam embarked on reforms of the country’s socialist system. This has led to economic improvements and a general rise of living standards for the Vietnamese population. However impressive socio-economic changes during the past three decades might have been, Vietnam’s system is still characterized by one-party rule, deficiencies in the freedoms of press and opinion, and the rule of law.

FNF’s work in Vietnam is based on a framework agreement between the Foundation and the Vietnam Union of Friendship Organizations (VUFO) and focuses on the following areas:

Development of Vietnam’s Market Economy

The focus of the Foundation’s work in this area is the support of a social market economy in Vietnam. FNF collaborates with think tanks, research institutes, and universities in order to identify the root causes of economic development issues and to present liberal regulatory concepts to remedy these issues.

Due to the large state share in the economy, we promote the private sector, the transparency and the legal equality between the economic sectors in Vietnam. With our wide network of international and regional experts and through various visit and training programmes, we help our Vietnamese partners to improve their capacity to integrate the country's economy.

Examples of FNF’s work are:

  • Organising in cooperation with the University of Economics and Business (UEB) the "Business Challenges" Award for students. This pilot project, which began in 2018, aims to create a platform for creative ideas and concepts for young startups and entrepreneurs. This is also an attempt to bring university education closer to practice. After the first award ceremony in December 2018 caused a great response, including the attention of the German entrepreneurship in Vietnam like SAP, we are planning an annual award with UEB from 2019.
  • Support the Ministry of Foreign Affairs of Vietnam in organizing and facilitating visit programs on economic topics with Germany and the EU, organizing several conferences on current topics like free trade agreements, economic integration and suistanable development.
  • Serveral projects (research, field trips, conferences, publications) in collaboration with the  renowned economic think tanks (CIEM, VCCI, VEPR and VIE), the Central Economic Committee of the Communist Party (CEC), the Ministry of Planing and Investition (MPI), and the Vietnam Cooperative Alliance (VCA) to assess key indicators of Vietnams economic performance and to provide policy proposals to improve the economic evironment at different levels.
  • Support the People Committee of the Province Bac Giang and the Institute of Social and Economic Research of Province Bac Ninh to improve their provicial competitive index (PCA) and the local economic integration facing the free trade agreements.

Journalism and Civic Education

FNF supports the Vietnam Institute of Economics and Policy Research (VEPR) in organizing yearly Summer Schools for students and young journalists. These Summer Schools aim at teaching a deeper understanding of market economy and mechanisms.

In the field of civic education, FNF cooperates with PACCOM in designing and conducting training seminars for their staff in order to improve internal administrative processes, as well as in conducting policy recommendations in the field of public diplomacy.

Support of Liberal Thinking and Liberal Network

In cooperation with the local publishing houses, FNF has published various books and reports on liberal socio and economic policy issues. Apart from classical liberal works, such as the ones of Friedrich Hayek or Ludwig von Mises, contemporary books of authors like Hermann Simon and Ken Schoolland have been translated into Vietnamese and published.

As a result of the partnership-based cooperation and various visit and training programmes, FNF Vietnam has at its disposal a broad network of high-ranking policy makers and experts in politics, business and science. This network is a valuable asset of the Foundation and will be deepened over time.