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Synopsis Vietnam occupeis a strategic position in Asia. But there is something more to it. Vietnam was under the Chinese rule for about a thousand years, French rule for about eighty years, and Japanese occupation during the Second World War. After Vietnam declared its independence in 1945 but it had to fight against France till 1954 and then against the United States till 1973. Seen in this context, how this brave nation is modernising and industrialising itself in on era of globalisation of economy, indeed is an exciting study. this vietnamese model of a modern nation state perhaps will influence the policy-makes of a large number of developing countries in the world. This primarily is the objective of this study. Outstanding Indian experts have analysed various facets of Vietnam's endeavour. In this comprehensive study of modern Vietnam, various contours of its economic policies, economic relations with other countires, efforts to democratise its political structures and foreign policy on the basis of objective reality make the running theme of this book. What is brought brings out in sharp focus is the fact that Vietnam is not influenced by fixed dogmas. The driving force behind all its policies is the desire to raise the standard of living of its people, who for centuries have seen nothing but sufferings and deprivation. this volume therefore, is bound to make a valuable contribution to the thought structure and the political economy as well.