The Doi Moi Policy is a series of economic reforms initiated in Vietnam in 1986. Aimed at transitioning from a centrally planned economy to a socialist-oriented market economy, it encourages private enterprise and foreign investment. This shift has led to significant economic growth and improved living standards for many Vietnamese citizens. Under the Doi Moi Policy, the government reduced state control over the economy, allowing for more market-driven practices. It also promoted agricultural reforms, which increased productivity and food security. Overall, these changes have transformed Vietnam into one of the fastest-growing economies in Southeast Asia.