Shifting from a centrally planned economy to the socialist-oriented market economy under the regulation of the State, the formation and development process of the market economy in Vietnam, which is associated with the S tate’s role of regulation, will have many differences from the ordinary market economy. | VNU. JOURNAL OF SCIENCE, ECONOMICS-LAW, N01E, 2004 SOM E THOUGHTS ON THE ROLE OF THE VIETNAM ESE STATE IN THE PR O C ESS OF SH IFTIN G TO THE MARKET ECONOMY Tran Anh T a i(*} Nowadays, in th e world, there are Low developm ent level; under many different economic operation models developed labor a t varying levels of success. Yet th e re is no techniques and model t h a t operates w ith o u t th e S ta te ’s based economy w ith tradition al farming; interference. A stron g and intelligent state rice monoculture; im balanced and weak is one of th e d e te rm in a n ts for th e success in d u stria l stru c tu re ; low living stand ard , of an economic operation model. high unem ployed rate. These not only Shifting from a centrally fostered d isad v a n ta g es for th e formation and developm ent of th e m a rk e t economy. the form ation a n d developm ent process of - The relatio ns of production were set the m a rk e t economy in V ietnam , which is regulation, will th e have of up and m a in ta in ed by the domination role differences of public ow nership of m eans of production S ta te ’s m any role u n d e r 2 types: th e people ownership and from the ordin ary m a rk e t economy. collective ownership. 1. T ypical C h a ra cteristics o f the P r o cess o f S h iftin g to Market E con om y in V ietn am and th e Role o f the State . B ackground of M a rk et Economy in V ietn a m agriculture- and m odernization b u t also created and economy u n d e r th e regulation of th e State, with technology; backw ard caused difficulties for th e industrialization planned economy to the socialist-oriented m a rk e t associated divisions; th e S h ift P rivate ownership was not accepted a n d w as the object of transfo rm atio n and abolishm ent. Production to prim arily and m a in ta in e d exchange on the were basis of m aterial relation. The relation between commodity a n d money created an .