In the economy we guarantee all market players the same conditions, and the private sector plays an increasingly important role. We are in the process of dissolving thousands of state-owned companies and converting them into stock corporations. We even plan to accelerate this development. In contrast, it is the party's responsibility to improve the lives of the people, and this is where our citizens have great confidence in us. Party members who commit crimes are severely punished.

We [Vietnam] happen to offer good investment opportunities for foreigners, although this is not a one-way street. Both we and the foreign investors benefit greatly as a result.

We fought hard for socialism in a devastating war of independence and reunification. To build an affluent and prosperous society, we chose the path of a socialist market economy. We have achieved strong economic growth, and yet the sense of solidarity in our society has not been lost. This is very important to people.

In the Communist Party, we address problems very openly and sometimes very vocally, and we point out abuses. This is a good thing. We exercise self-criticism once a year. Although 80 percent of the members of the National Assembly are also members of the Communist Party, this does not prevent them from sharply criticizing the administrative and governmental system.

The main difference lies in wage levels, which is because our workers are not yet as well trained as in other countries. We are a poor country. This is why we must accept the conditions that prevail in international markets. But our trade unions do represent the rights of workers.

German businesspeople have invested a great deal in our country, and trade is flourishing. We want to speed up economic cooperation. Your country is a large, important provider of aid, and it has done a great deal to reduce the poverty of many Vietnamese.

Money, as a sort of drug, has become a great danger to our development. There will be no progress in our country unless we win the fight against corruption. This is a question of survival for the Communist Party of Vietnam and for socialism.