I/O model has been widely used to assess the impacts of changes in an economy, it
is also an important tool to make forecasts and the results from an I/O model are
very helpful in policy-making process. Many scientific findings in economics have
to give credit to the I/O approach developed by Leontief and this study is none of
the exceptions. This study has gone one step further to develop a new concept,
economy-wide multipliers to assess the modernization process in Vietnam’s
economy, multi-regional I/O table of 7 regions and 10 aggregated sectors in
Vietnam is used for calculation.