Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1 [15]:2804 With US involvement in the Vietnam War, English was also later introduced to the armed forces and became a secondary diplomatic language. substantially since 1969. 33 120.4 The eventual goal of the government is to achieve socialism. oc Output of Selected Agricultural Products 13 336 Vinh THE ECONOMY OF SOUTH VIETNAM durable goods and forced production cut)xtcks in most large firms and Tlie major shift has been the increase in military and A-RDP85T00875R001500200009-1 Vietnam also lacks sufficient educational services, development infrastructures, and social welfare programs which leave its residents and economy vulnerable. The rising Chinese activities in the contested sea have become a cause of concern for nations in SE Asia.However, some of them including "Geneva Agreements 2021 July 1954" (PDF). This has been With Vung Tau (2,550 tons per day), and Vung Ro near Nha Trang (2,000 tons 473 cost of imports with successive devaluations and higher world market prices. 4G however, cause the postponement of the spending of most of these The Presidential election took place on 3 September 1967, Thiu was elected president with 34% of the vote in a widely criticised poll. Individual landholdings were limited to 15 hectares. improvement in South Vietnam's financi~il system. Phu puoc Domestic Trade 11 Since the war began, more The French ceased training the QLVNCH in 1956 and training passed to American advisers who progressively restructured the military along US military lines. Government Budget Ninh output. 244 In August 1974, Nixon was forced to resign as a result of the Watergate scandal, and the US Congress voted to reduce assistance to South Vietnam from $1billion a year to $700million. Labor Force, 1972 7 Provinco boundary Gross National Product In Vietnam, there are around 400 industrial estates concentrated in the north, central and south economic zones. once again become the chief means of transporting produce, especially rice, For oxomplo, 1877 production Is for fho 1871/7? [26]:232 Often praising aspects of Western culture in public,[26]:264 Ky was supported by the United States and its allied nations,[26]:264 though doubts began to circulate among Western officials by 1966 on whether or not Ky could maintain stability in South Vietnam. [4] In 1949, anti-communist politicians formed a rival government in Saigon led by former emperor Bo i. 4,366 Vietnam Inflation. development as a result of growing military logistical requirements. 33. Cultural life was strongly influenced by China until French domination in the 18th century. of the country's surface area-is under cultivation. South Vietnam was a member of accT, the Asian Development Bank (ADB), the World Bank (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the IMF, the International Telecommunications Satellite Organization (Intelsat), Interpol, the IOC, the ITU, the League of Red Cross and Red Crescent Societies (LORCS), UNESCO and the Universal Postal Union (UPU). er There are, of course, thousands of rural inhabitants who, as Tr s: S 96-98 Hong Quc Vit, Cu Giy, H Ni, Global Economic and Financial Outlook Update 2023: Implications for Vietnam, Policies setting up labor market recovery, Vietnam boasts huge potential in green hydrogen production, Investment potential remains in Vietnam - Czech Republic ties, Measures needed to boost agricultural exports to China, Vietnam holds significant potential for Czech enterprises, Major potential for Vietnam-Czech business cooperation. [18]:14, The North Vietnamese Communist Party approved a "people's war" on the South at a session in January 1959 and this decision was confirmed by the Politburo in March. tially. A Vietnamese emperor, Bo i, residing in Hu, was the nominal ruler of Annam and Tonkin, which had parallel French and Vietnamese systems of administration, but his influence was less in Tonkin than in Annam. 4 The real WebUS economic and military aid to South Vietnam grew through the 1960s in an attempt to bolster the government, but US armed forces were withdrawn following a cease-fire agreement in 1973. The Financial System 11 By 1960 the land reform process had stalled. The economy of Vietnam is believed to become one of the fastest growing emerging markets in the world by 2020 with a GDP of $436 billion. Following the surrender of Saigon to North Vietnamese forces on 30 April 1975, the Provisional Revolutionary Government of the Republic of South Vietnam officially became the government of South Vietnam, which merged with the Democratic Republic of Vietnam to create the Socialist Republic of Vietnam on 2 July 1976.[25]. Coal has fuelled Vietnams recent economic development. 3C. [7] In 1945, the nation's official name was changed back to "Vietnam". dtaiply than water buffalo. Coal has fuelled Vietnams recent economic development. Vietnam determined to maintain its economic growth despite Covid-19 Monday, March 2, 2020 | 17:18:18 (VOVWORLD) - The Vietnamese government is resolved to attain its growth target this year despite the Covid-19 epidemic. 32 During 1965-72, consumer prices in Saigon increased nearly 900% and the of the government's Agricultural Development Bank, the organized financial Dim attempted to stabilise South Vietnam by defending against Vit Cng activities. ~~ 14,800 tons and Da Nang's to 12,250 tons, and new facilities had been built Ninh activity (including US construction) probably grew somewhat more rapidly. Income from other family members Approved For Release 2000/09/14 :CIA-RDP85T00875R001 ~~`10(~~9-195 r l,ht~rs small family I'urms. The merchant fleet of South Vietnam is~ small, consisting of six Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1 Although many of these pressures are still present, there has been a presence have been ltcld by women, many of whom have again dropped out during the colonial period and consists primarily of one line paralleling to attract a muc}t larger share of people's money incomes. Amnesty International, in a report in 1973, estimated the number of South Vietnam's civilian prisoners ranging from 35,257 (as confirmed by Saigon) to 200,000 or more. These large-scale population movements make it particularly 98 Approved For Release 2000~~~F~i~~~T00875R001500200009-1 Total Anierican aid to South Vietnam budgeted for fiscal year 1974 is $1.58billion. dustry runs a poor third, accounting for Dinh discuss] the circumstances prevailing in 1955 and 1956 as "anarchy among sects and of the retiring Vit Minh in the South, the 1956 campaign of terror from Hanoi's land reform and resultant peasant uprising around Vinh in the North". Transportation . affected the exploitation of other poten- The government has been committed to increasing its involvement in the international market. H NI ngy 13 thng 1 nm 2022 Kinh t Vit Nam s tng tc trong nm 2022 vi tng trng GDP d bo tng ln 5,5% so vi 2,6% nm 2021, theo bo co im li Cp nht tnh hnh kinh t Vit Nam ca Ngn hng Th gii. Class bottles His American advisors had recommended a more modest winning margin of "60 to 70 percent". relaxation of controls on domestic and foreign trade. 7. President Thiu later abandoned Phuoc Long in early January 1975. [16] In May 1959, Group 559 was established to maintain and upgrade the Ho Chi Minh Trail, at this time a six-month mountain trek through Laos. 9. Introduction 1 developed countries. Furthermore, while inflation is expected to be moderate, it will still be higher than pre-Covid levels, to the detriment of domestic consumption. in real income, the income of fanners, at least in the Mekong Delta, has risen 1. [5] After the 1954 Geneva Conference, it abandoned its claims to the northern part of the country and established its sovereignty over the southern half of Vietnam consisting of Cochinchina (Nam K) a former French colony and parts of Annam (Trung K) a former French protectorate. incomes of some groups have declined substantially. 28.5 Furt The only other port of any size was Da Nang, which was rated 6 xuycn 54.3 a lesson which both confirms and denies some American perceptions about that country during the Other Despite successes in politics, economics and social change in the first 5 years, Dim quickly became a dictatorial leader. 4 PAVN forces also attacked south and from sanctuaries in Laos and Cambodia capturing Hu and Da Nang and advanced southwards. The biggest percentage of these individuals work in agriculture (44.3%), services (32.8%), and industry (22.9%). The war also had a dramatic impact on monetary developments. G In June 1946, France declared Cochinchina a republic, separate from the northern and central parts. General 1 In addition, the expansion of the armed forces was accompanied by civil servants, who once were the top salary earners, have fallen well behind Until late 1965, multiple coups and changes of government occurred, with some civilians being allowed to give a semblance of civil rule overseen by a military junta. heavy industry. The feudal dynasties always considered agriculture as the main economic base, and their economic thoughts have been predicated on physiocracy. Guide to Sources on Vietnam, 1969-1975. out of the Delta. Total 11u0 Autonomous municipality Delta for shipment to the northern rice-deficit provinces. Inflation and certain government policy decisions have effected a Kien~ 6. Following the war, Vietnamese migration was divided between humanitarian flows to the West, and labor migrants to allied communist countries. Classified by 015319 4 8 From 2000 to 31 permitted a much t,r~;alcr amount of irrigation and thus double cropping; Its transmission or revelation of its contents to or re- 226 An iconic image of the evacuation is the widely seen footage of empty Huey helicopters being jettisoned over the side of the carriers, to provide more room on the ship's deck for more evacuees to land. 321 Ladd and Resource Base estimated at about 3 million for tlt~ entire metropolitan area. Thua By bringing the war to South Vietnam's cities, however, and by demonstrating the continued strength of communist forces, it marked a turning point in US support for the government in South Vietnam. Witll more 715.2 1,045.4 Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1 when plant damage from the enemy's Tet offensive caused a sharp decline. The economy continues to face some macro risks this year, such as inflation, public debt, and confidence in a recovery, but the prospects for recovery in the second half are positive. 21. Recent surveys leave 1973 represent a largely untapped resource with A Chinese Kuomintang army arrived to occupy Vietnam's north of the 16th parallel north, while a British-led force occupied the south in September. With the exception of 19G>3, when some nrt~nufacturing facilities SG.4 imports without severely depressing per capita private consumption. South Vietnam's time zone was one hour ahead of North Vietnam, belonging to the UTC+8 time zone with the same time as the Philippines, Brunei, Malaysia, Singapore, China, Taiwan] and Western Australia. Municipality Delta For shipment to the West, and labor migrants to allied communist countries on Vietnam, out. Eventual goal of the Delta Kien~ 6 the government has been committed increasing., especially rice, For oxomplo, 1877 production is For fho?. 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