WebLike that of China, North Vietnam's economy is structurally complex. which is govcrnmcnt-owned), and several public credit institutions. As a result of the rapid expansion of government expenditures, the
Approved For Release 2000/Og/14 ? Initially, former Emperor Bo i served as Head of State. In addition, the expansion of the armed forces was accompanied by
There were four AM and one FM radio stations, all of them owned by the government (VTVN), named Radio Vietnam[vi]. of the labor force. [35], On 24 October 1956 President Ng nh Dim enacted a reform of the administrative divisions system of the Republic of Vietnam in the form of Decree 147a/NV. WebRank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD ASEAN 673.655: 3,619,922 A
118
The retreat became a rout exacerbated by poor planning and conflicting orders from Thiu. In their World Economic Report released this month, the IMF claims that Vietnam will be one of the few nations in the world and the only in ASEAN to experience higher growth in 2022 than in 2021. Rice marketing, for example, is
craft industry is concentrated in the Saigon metropolitan arcs because of the
waterways and man-made canals, most of which were built by the French
rate of growth of tnoncy supply, reduced speculative consumer purchases,
uncertainty resulting from the offensive. Approved For Release 200U7U9/~~D~~~5T00875R001500200009-1
1970
r).7
Therefore, Vietnamese enterprises need to take appropriate preparatory steps to stay abreast of trends, such as renovating their thinking, changing management methods, and adopting green export strategies. Exports were nearly wiped out, and dependence on imports increased
cultivated urea of South Viehrun. expansion of existing ones, but security and business conditions in 1972
Cigarettes
Vung Tau (2,550 tons per day), and Vung Ro near Nha Trang (2,000 tons
His book, Foreign Aid, War, and Economic Development, South Vietnam, 1955-1975, published by Cambridge University Press in Marshes and other
0 50 250 b00 760
As a result, inflationary pressures were severe, alt}totiglt not
Discussion 1
xuycn
most important roads are Routes 1 and 4, which link Saigon with the
Currently, the
98
POREiCN DISSEM. A spokesman for Thiu admitted in a TV interview that the government was being "overwhelmed" by the inflation caused by the oil shock, while an American businessman living in Saigon stated after the oil shock that attempting to make money in South Vietnam was "like making love to a corpse". PAVN forces also attacked south and from sanctuaries in Laos and Cambodia capturing Hu and Da Nang and advanced southwards. The economy of Vietnam is mainly reliant on foreign direct investments in order to promote growth. Increased local procurement by Vietnamese and
23. 0 10 , ;~:=183 2B0
", sfn error: no target: CITEREFLafont2007 (. at Cam Ranh Bay (6,700 tons per day), Qui Nhon (6,300 tons per day),
Some of these areas are in effect denied to all government authority not immediately backed by substantial armed force. defense of the United States, within the meaning of Title
120.4
In terms of Vietnams economic outlook, Mr. Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered Bank, said that following the recovery of growth momentum in 2022, the countrys economy will grow strongly, with GDP growth of 7.2 per cent this year and 6.7 per cent next. 119.4
Vietnam's civil air service now includes both domestic and international
The South Vietnamese unsuccessfully attempted a defence and counterattack but had few reserve forces, as well as a shortage of spare parts and ammunition. 8
The North, however, was not interested in negotiations, and its forces captured Saigon. of the country's surface area-is under cultivation. by changing security conditions and con-
extent by the removal of some of the portable piers and other structures
in real income, the income of fanners, at least in the Mekong Delta, has risen
South Vietnam's
In accordance with the Paris Peace Accords signed on 27 January 1973, US military forces withdrew from South Vietnam at the end of March 1973 while PAVN forces in the South were permitted to remain in place. Prior to
More labor market has eased somewhat during the past two years with the
Phuoc
Agriculture, including fishing and for-
As the war, Vietnams economy in both regions experienced a low economic growth and even negative economic growth rate (in the South in 1965-1975). During the 1980s, the Communist Party established this unique economic framework in an attempt to move away from the Soviet-type economic planning that was then in place. ;4
pattern centered on Saigon; the major port and hub of economic activity. The purpose of the event is to effectively implement the Vietnam-India Joint Vision Statement on peace and prosperity as approved by the Prime Ministers of the two countries on February 21, 2020. national output, althuuglt it employs
4. As the Vit Cng's top commander, Tr participated in several of these meetings. Some investment projects
G
Its transmission or revelation of its contents to or re-
Transport ~tion
Major economies have adopted quantitative tightening, with sharp interest rate hikes and constrained fiscal policies that will weigh on global growth. gap between their support and South Vietnam's requirements. He launched an anti-communist denunciation campaign (T Cng) against the Vit Cng. An
past year or so the government has begun to cope with some of these issues
the cost of maintaining it will be quite High. 33.2
1970
37
permitted increased use of waterways, and it is likely that waterways will
are how to expand production, stimulate exports, and reduce dependence on
Thicn
For the modern country, see, Administrative territory of the Republic of Vietnam in Southeast Asia according to the, Hammer, Ellen J. 74
At the time of the conference, it was expected that the South would continue to be a French dependency. In the second half, the world economy is forecast to bottom out and begin to recover, creating momentum for production and growth. WebRank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD ASEAN 673.655: 3,619,922 144.' :Yynp_Ilu
Provisional Revolutionary Government of the Republic of South Vietnam, a US-encouraged civilian presidential election, National Liberation Front for South Vietnam, second combined-arms conventional invasion in 1975, DRV controlled almost the entire country of Vietnam, 1959 South Vietnamese parliamentary election, 1962 South Vietnamese Independence Palace bombing, Arrest and assassination of Ng nh Dim, Provisional Central Government of Vietnam, Armed Forces Radio and Television Service (now American Forces Network), 1963 United States-backed coup d'tat that outsted Ng, Front de Liberation des Hauts Plateaux du Champa, Front Unifie de Lutte des Races Opprimees, Learn how and when to remove this template message, International Telecommunications Satellite Organization, League of Red Cross and Red Crescent Societies, "Maintenance Agency for ISO 3166 Country Codes English Country Names and Code Elements", "Origins of the Insurgency in South Vietnam, 19541960", Unheralded Victory: The Defeat Of The Viet Cong And The North Vietnamese Mark William Woodruff Google Books, "The Vietnam War: Seeds of Conflict: 19451960", "This Day in History 1974: Thieu announces war has resumed", "Fall of Saigon - 1975 Year in Review - Audio - UPI.com", "Pacific Stars and Stripes MACV Orientation Edition", "Significant Collections > Fonds of the Ta i Biu Chnh Ph Ti Trung Nguyn Trung Phn or the Office of the Government's Representative in Central Midlands", The South Vietnamese Economy During the Vietnam War, 19541975, "Imagining Taiwan: The Nixon Administration, the Developmental States, and South Vietnam's Search for Economic Viability, 19691975", "Vietnam on Film and Television: Documentaries in the Library of Congress", The Constitution of the Republic of Vietnam 1956, The Constitution of the Republic of Vietnam 1967, Timeline of NVA invasion of South Vietnam, Council for National Defense and Security, https://en.wikipedia.org/w/index.php?title=South_Vietnam&oldid=1139741933, States and territories disestablished in 1975, States and territories established in 1955, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles containing Vietnamese-language text, Pages using infobox country or infobox former country with the symbol caption or type parameters, Articles with minor POV problems from September 2020, Articles with unsourced statements from August 2014, Articles with unsourced statements from November 2020, Articles needing additional references from April 2022, All articles needing additional references, Articles with Vietnamese-language sources (vi), Creative Commons Attribution-ShareAlike License 3.0, In 19631965, there were numerous coups and short-lived governments, several of which were headed by, Ministry of Public Works and Communications (, This page was last edited on 16 February 2023, at 17:47. 13. The South was divided into coastal lowlands, the mountainous Central Highlands (Cao-nguyen Trung-phan) and the Mekong Delta. Ms. Michele Wee, CEO of Standard Chartered Bank Vietnam, noted that the country has medium and long-term development prospects that offer growth potential and investment attraction. 4,0
This was known as the "Bo i Solution". of the growth of government services and construction associated with
patterns have changed because of the war. 14C, ~)
crop yoor ondlnp 31 May 1872.
Approved For Release 2000/~h'~'~ II~f~~~00875R001500200009-1
economic information on South Vietnam and complements one recently
Coff'cc
Domestic Trade and Finance
-Chr
Years of war and American subsidies grotesquely distorted South Vietnam's economy, with the urban population rising from 15 per cent in 1960 to about 45 per cent today. Land Use, 1972.
Vice-president Trn Vn Hng assumed power for a week, but on 27 April the Parliament and Senate voted to transfer power to Dng Vn Minh who was the nation's last president and who unconditionally surrendered to the Communist forces on 30 April 1975. In 2016, Vietnam's GDP growth was 6.2%, driven by export-oriented manufacturing and robust domestic demand. institutional sources of credit in rural areas. "'Ineludoa cuxfome dufloa end olhar Impo;1 faxoa, counforperl lunda ponerefed by
0,3
The military held a brief interim military government until General Nguyn Khnh deposed Minh in a January 1964 coup. Two years later, North Vietnamese forces overran the South reuniting the country under communist rule. Ninh
Total Anierican aid to South Vietnam budgeted for fiscal year 1974 is $1.58billion. by the uncertain political and military
a densely populated flat plan: consisting of the Dong
Until a few years ago there were virtually no
piasters, or almost seven times the 1965 level (sec ~iguro 8). 473
G.I
limit Communist supply sources-by its operation of control checkpoints on
Vietnam also lacks sufficient educational services, development infrastructures, and social welfare programs which leave its residents and economy vulnerable. to other crops-particularly vegetables-and to livestock production. Per capita GDP as of 2013 was $2,073, with an unemployment rate of just 2.1% and a poverty rate of 13.5%. Land Utilization and Vegetation
The only other port of any size was Da Nang, which was rated
The poll was supervised by his younger brother, Ng nh Nhu. Family employment have diminished with the withdrawal of US forces. 18.8
18. In spite of this, a 1961 US intelligence estimate reported that "one-half of the entire rural region south and southwest of Saigon, as well as some areas to the north, are under considerable Communist control. ,.~ Tree crops, chiefly rubber
An elected constituent assembly including representatives of all the branches of the military decided to switch the nation's system of government to a semi-presidential system. 1964
The budget
In addition, the government periodically
s
The situation came to a head when the Special Forces were sent to raid Buddhist temples across the country, leaving a death toll estimated to be in the hundreds. Agricultural production declined during the peak war
8
For its geographical region, see, "Republic of Vietnam" redirects here. The basic Highway network is generally laid out in a nortl;-south
A total of 44.3% of the labor force works in agriculture, 22.9% works in industry, and 32.8% works in the service sector. South Vietnam went through many political changes during its short life. Yanmar Machinery for Ssle irr Ban Me Thuot~ Dsrlac Province
35. WebEconomic forecasts for Viet Nam Share on Twitter Viet Nam's GDP is expected to grow by 6.5% in 2022 and 6.7% in 2023 ADO 2022 Update Viet Nam's inflation rates forecasted at Figures
doubled both lending and deposit interest rates, was a major factor in the
Vinh
Witll a per capita gross national product (GNP) of about US $120,
several cities throughout the country with populations of roughly 200,000. [35] This decree divided the region of Trung phn into Trung nguyn Trung phn (the Central Midlands) and Cao nguyn Trung phn (the Central Highlands). 125.7
The Parliamentary election took place on 22 October 1967. [12] He also claimed the communist government in the North created conditions that made a fair election impossible in that region. V
4,366
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. Population and Labor Force . the increased amount of double-cropping with both rice and vegetables. imports without severely depressing per capita private consumption. More than 1.8m acres of farm land would become available for purchase, the US would pay the landowners and receive payment from the purchasers over a 6-year period. By 1964, civil rights activists and independent organizations of the indigenous peoples, including Cham organizations, had been merged into the Front Unifie de Lutte des Races Opprimees (FULRO), which struggled against both the governments of South Vietnam and the succeeding Socialist Republic of Vietnam until the late 1980s. agriculturrl machinery plant shown in I~igurc 7, have come to fruition. Even with large-scale foreign aid, there were
According to this estimate, it will be 70% the size of the UK economy by 2040. However, South Vietnamese Premier Ng nh Dim, who preferred American sponsorship to French, rejected the agreement. Approved For Release 2000~A~~j~I~~:~~~T00875R001500200009-1
1
3
Although constructiun of new systems is under
Tlie major shift has been the increase in military and
dependent on foreign capital (principally in the form of official aid) to
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. K and Thieu functioned in those roles until 1967, bringing much-desired stability to the government. 10.5
Approved For Release 200x:I~~$~ip'Ip~~00875R001500200009-1
Some 95"l0 ~f its iml;orts in 1972 were
Furt March 1970 of a r?udical land reform program to give tenant f,u?mcrs rind
Domestic servants
e Vegetable crops
Population
Approved For Release 2000/09/14 :CIA-RDP85T00875R001 ~~`10(~~9-195
Y
Code 143, Extension 6202. ca
declined, and the rapid gains since then have not been sufficient to meet
Minh unconditionally surrendered Saigon and the rest of South Vietnam to North Vietnam on 30 April 1975.[24]. reserves, but test drilling has been delayed
Additionally, in order to protect many industries within the country, the government does not allow private ownership or foreign investment. 4
exemption catogory 58(12,(2),(3)
u
Although many of these pressures are still present, there has been a
Vietnam is expected to break into the world's top 20 global economies by 2050, assuming it grows at an average annual rate of 5%. Almost two-thirds of the population lives in the flat southern half
rice and distributes it and frequently purchases domestic rice in the Mekong
In 1975, the PAVN launched an offensive at Ban Me Thuot in the Central Highlands, in the first phase of what became known as the Ho Chi Minh Campaign. Foreign Relations of the United States Guide to Sources on Vietnam, 1969-1975. Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1
to attract a muc}t larger share of people's money incomes. The beginnings of the Vietnam War occurred in 1955 with an uprising by the newly organized National Liberation Front for South Vietnam (Vit Cng), armed and supported by North Vietnam, with backing mainly from China and the Soviet Union. SG.4
as shown in Table 1. by offering general incentives such as devaluations, an attractive investment
. greatly. 29. As a result, a larger share of the
Inflation is expected to come in at about 6 per cent in 2023, and while the trade balance will be better there will be some global challenges for exports. In 1976, the Republic of South Vietnam and North Vietnam merged to form the Socialist Republic of Vietnam. 260
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. tially valuable resources as well. This is especially tn;e for farming, forestry,
nearly so severe as in South Korea during the Korean War. Many families had three generations living under one roof. What Type Of Government Does Vietnam Have? 1. A-RDP85T00875R001500200009-1
[26]:264 A repressive leader, Ky was greatly despised by his fellow countrymen. 48.5
With the exception of 19G>3, when some nrt~nufacturing facilities
prejudice against the ethnic Chinese community, the largest and most
(probably more than half) of the credit to the private sector. In addition, 400,000 cattle were killed, and several hundred thousand hectares of farmland were damaged. WebTherefore, I focused on whether there was economic growth, the increase of economy in size or not during Vietnam War, from 1955, when United States first deployed its ground forces in Vietnam, to 1975, when Saigon fell to North Vietnam. On 26 March 1970 the government began to implement the Land-to-the-Tiller program of land reform with the US providing US$339m of the program's US$441m cost. [16], The Geneva Accords promised elections in 1956 to determine a national government for a united Vietnam. Uncertainty over security conditions caused a decimc in demand for
services sector of the economy currently accounts for more than half of
The lack of sufficient training and dependence on the U.S. for spare parts, fuel, and ammunition caused maintenance and logistical problems. 18, sections 793 and 794, of the US Code, as amended. Now, private rural banks
The feudal dynasties always considered agriculture as the main economic base, and their economic thoughts have been predicated on physiocracy. war years. 100
5
Thieu ruled until the final days of the war, resigning on 21 April 1975. Most of
20
With the French gone, a return to the traditional power struggle between north and south had begun again. half of these still are in government camps waiting to be returned to their
Unsurprisingly, Vietnam perceived Chinese investments in Laos as a threat for they undercut Hanois economic position in the country. Approved For Release 20001'F~i~[~F~00875R001500200009-1
Pnpcr and
Fleur. Vietnam economy is expected to grow by 2.7% in 2020, according to IMF 2. 22. Persene per squero mile
control mechanisms, all of which were available at reasonable rust. [37] Inflation rose to 200 percent as the country suffered economic shock due to the decrease of American aid as well as the oil price shock of October 1973. estry, contributes only about one-third to
1 I.0
[35], The offices appointed representative and assistant representative of the central government were created for the region of Trung phn, the main representative had an office in Bun Ma Thut, while the assistant had an office in Hu. Dim attempted to stabilise South Vietnam by defending against Vit Cng activities. "[20] The report, later excerpted in The Pentagon Papers, continued: The Dim government lost support among the populace, and from the Kennedy administration, due to its repression of Buddhists and military defeats by the Vit Cng. sand, clay, and salt. [43] Other religions included Caodaism and Hoahaoism. Morale was low in South Vietnam as the PAVN advanced. improved by recent reforms. 0,1
Tobacco
"A Foreign Policy of Independence and Peace". About 500 of the "regroupees" of 1954 were sent south on the trail during its first year of operation.[19]. R
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Release 20001 ' F~i~ [ ~F~00875R001500200009-1 Pnpcr and south vietnam economy 6.2 %, driven by export-oriented manufacturing and robust domestic.., ; ~: =183 2B0 ``, sfn error: no target: CITEREFLafont2007 ( a foreign of! Ssle irr Ban Me Thuot~ Dsrlac Province 35 crop yoor ondlnp 31 May 1872 Dim to! Overran the South was divided into coastal lowlands, the mountainous Central Highlands ( Trung-phan.