First, let's take a look at the conditions of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP):
- A stable and transparent political system;
- An open and free economic environment;
- Long-term market potential;
- Good labor rights and working conditions;
- Consensus among the remaining member countries.
This standard of the Western system, once met, may mean that the regime is no longer communist, and the consequences could be a bit...
However, from the perspective of reform policies and results, imitating China and following China's path of reform and opening up has only been pursued by China for decades. Vietnam wants to reach China's level in just a few years, which greatly raises concerns about stability in the long run.
Vietnam's helpless choice, due to historical issues and territorial disputes, has created a deep divide between Vietnam and China. Although Vietnam has imitated China's reforms, it has fully leaned towards the West. To gain the support of Western countries, it must reform its political system. The achievements of reform have made Vietnam eager to transition from Asia to Europe, aiming to become a major and powerful country.
However, it is uncertain whether it will break away from China and follow the path of the Soviet Union; this remains to be seen, whether it will follow in the footsteps of the Soviet Union.