31
WebVietnam recorded 10-year high GDP growth of 7.1% in 2018 and 7.02% in 2019. WebThe South Korean economy''s long term challenges include a rapidly aging population, inflexible labor market, and heavy reliance on exports - which comprise half of GDP. [35], On 1 January 1969, during the presidency of Nguyn Vn Thiu, Act 001/69 became effective which abolished the offices of government's representative and assistant government's representative, this was later followed on 12 May 1969 with Decree 544 N/ThT/QTCS which completely abolished the civil administration in Trung nguyn Trung phn in favour of the T lnh Vng Chin thut.[35]. government or by local Chinese businessmen. 24. hectares (more than 15% of the total cultivated area shown in Figure 5)
For the modern country, see, Administrative territory of the Republic of Vietnam in Southeast Asia according to the, Hammer, Ellen J. On 15 March 1973, US President Richard Nixon implied that the US would intervene militarily if the communist side violated the ceasefire. CONFIDENTIAL
the cost of maintaining it will be quite High. new technology, and generally favorable price inc?ntives for farmers brought
financed either by US payments for local transactions or by outright US
34
considerably (with the use of leased vessels) when the railroad and roads
1.1
The
Thiu requested aid from US President Gerald Ford, but the US Senate would not release extra money to provide aid to South Vietnam, and had already passed laws to prevent further involvement in Vietnam. Former emperor Bo i accepted the position of chief of state (quc trng). It first received international recognition in 1949 as the State of Vietnam within the French Union, with its capital at Saigon (renamed to Ho Chi Minh City in 1976), before becoming a republic in 1955. Itc(ined sugar
[38], In 1968, the population of South Vietnam was estimated to be 16,259,334. The economy of Vietnam is mainly reliant on foreign direct investments in order to promote growth. Coal has fuelled Vietnams recent economic development. er
These controls arc difficult to administer, and prices
141
3. [36] US aid peaked at $2.3billion in 1973, but dropped to $1.1billion in 1974. ugar cane
426
31. 2. became largely a matter of processing imported raw materials. vary widely from permissible limits. WARNING
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". Another significant warlinte development was the tuloplion in
Civilization in Vietnam had been built on agriculture. 473
than 7 million Vietnamese have been refugees at one time or another. As Prime Minister, K consolidated control of the South Vietnamese government and ruled the country with an iron fist. 22. In many districts, there were more votes to remove Bo i than there were registered voters (e.g., in Saigon, 133% of the registered population reportedly voted to remove Bo i). crop yoor ondlnp 31 May 1872.
In 2022, Vietnams economy grew by eight per cent. South Vietnam has continued to function relatively effectively. Building on two centuries' experience, Taylor & Francis has grown rapidlyover the last two decades to become a leading international academic publisher.The Group publishes over 800 journals and over 1,800 new books each year, coveringa wide variety of subject areas and incorporating the journal imprints of Routledge,Carfax, Spon Press, Psychology Press, Martin Dunitz, and Taylor & Francis.Taylor & Francis is fully committed to the publication and dissemination of scholarly information of the highest quality, and today this remains the primary goal. Apart from the mainland, the Republic of Vietnam also administered parts of the Paracels and Spratly Islands. [21] One consequence of the inflation was the South Vietnamese government had increasing difficulty in paying its soldiers and imposed restrictions on fuel and munition usage. In the
This document contains information affecting the national
North Vietnamese leaders had expected that the ceasefire terms would favour their side, but as Saigon began to roll back the Vit Cng, they found it necessary to adopt a new strategy, hammered out at a series of meetings in Hanoi in March 1973, according to the memoirs of Trn Vn Tr. Cc trang ngoi s c m ra ca s mi. of three Boeing 727s, two DC-6s, 16 DC-3s and DC-4s, and four smaller
The majority of its imports come from the following places: China ($44.7 billion), South Korea ($21.7 billion), Japan ($11.9 billion), Other Asian countries ($9.4 billion), and Singapore ($7.98 billion). Government sector
I~~nd Utilization
control mechanisms, all of which were available at reasonable rust. an estimated 12% of GNP and about 5%
Now, private rural banks
[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. Persene per squero mile
durable goods and forced production cut)xtcks in most large firms and
Dim's removal and assassination set off a period of political instability and declining legitimacy of the Saigon government. forests, which make up one-third of the
urban households in general have either held their own or suffered a decline
?For crop your ondlnp !n your shown. 1971
Approved For Rele~s?~~r~l~-RDP85T00875R001500200009-1
The major
Directora?e of Intelligence
The end of the Vietnam war, marked by the fall of Saigon in 1975, precipitated the mass Indochinese refugee crisis, which saw more than 2 million people flee the region, often on unseaworthy boats. Cigarettes
Milllo-r N
4,366
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The South China Sea is once again becoming a hotspot of regional as well as international conflicts after a short hiatus that may have an adverse impact for Indias [35], Following the 1963 United States-backed coup d'tat that outsted Ng the Central Government's Representatives in the Trung phn region were gradually replaced by the control of the Tactical zone's Commanders (T lnh Vng Chin thut), which replaced a civil administration with a military one. 14. agriculture and industry, but the North Vietnamese offensive brougl-,t
US and South Vietnamese forces launched a series of attacks on PAVN/VC bases in Cambodia in AprilJuly 1970. 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. [6] In 1839, Emperor Minh Mng renamed the country i Nam ("Great South"). 4
I~h~ DOO~CI
5
420
Phu puoc
South
Before World War II the system linked Saigon and
Tlie years of war have badly
30. This item is part of a JSTOR Collection. rose at an average annual rate of about 8'y, during 1965-71, and construction
The new seed required mor-; inputs such as frrti:'~rer, pesticide, and wafer
Military rule initially failed to provide much stability however, as internal conflicts and political inexperience caused various factions of the army to launch coups and counter-coups against one another, making leadership very tumultuous. with annual growth averaging about 9%n during 1969-71. How 119.4
14C, ~)
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. Phuoc
0,3
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. South Vietnam's financial system is still relatively small and
The government
[6] It is a variation of "Nam Vit" ( , Southern Vit), a name used in ancient times. March 1970 of a r?udical land reform program to give tenant f,u?mcrs rind
y
s
5
buildup. Global trade volumes have declined since the end of last year, suggesting that external demand is slowing. Vietnam economy is a market economy which depends much on exports, and projects on FDI. ~s~2
4,688
,.~ Tree crops, chiefly rubber
(probably more than half) of the credit to the private sector. Moreover, most of South Vietnam's productive facilities came
1970
Industry 15
During the late 19FOs, ports underwent rapid
33. the large-scale water control systems in existence prior to the war have either
An even larger, armored invasion from the North commenced during the Easter Offensive following US ground-forces withdrawal, and had nearly overrun some major northern cities until beaten back. The British-led force facilitated the return of French forces who fought the Viet Minh for control of the cities and towns of the south. Radio Vietnam started its operation in 1955 under then President Ngo Dinh Diem, and ceased operation on 30 April 1975, with the broadcast of surrender by Duong Van Minh. 202.1
Combined with the provincial branches
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35. Y
10.5
farmers out of subsistence farming and allowed them to produce a surplus. During World War II, Indochina was administered by Vichy France and occupied by Japan in September 1940. In 2022, Vietnams economy grew by eight per cent. are how to expand production, stimulate exports, and reduce dependence on
Z6 60 76 Kflomelore
Currently, it is a mix between this state-planned economy and a market economy, which is controlled by supply and demand. Approved For Release 2000/~h'~'~ II~f~~~00875R001500200009-1
CENTRAL INTELLIGENCE AGENCY
The most outstanding characteristic of the
INTELLIGENCE HANDBOOK
civilian government employment, which I~as roughly doubled since 1964. . In December 1974, the PAVN launched an invasion at Phuoc Long to test two things: South Vietnamese combat strength and political will and whether the US would respond militarily. This is, however, hindering economic growth. 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. 1. In addition, the government has recently signed the Trans-Pacific Partnership agreement in order to take part in trade liberalization among Pacific countries. Mi tin bi ng li t website ny phi c s chp thun bng vn bn ca VnEconomy. South Vietnam had one major port, Saigon, with a rated capacity of 8,400
Throughout this period, the level of US aid and political support increased. 1. national output, althuuglt it employs
small family I'urms. He was re-elected unopposed in 1971, receiving a suspiciously high 94% of the vote on an 87% turn-out. inundated vogetation
incrcascd funds and more vigorous leadership, development lending institu-
Figures 2 and 3). 1,134.2
Land reform was regarded by the US as a crucial step to build support for the nascent South Vietnamese government and undermine communist propaganda. and forestry combine to make up about 15% of the total value of
The northern third of Vietnam (then the colony (thuc a) of Tonkin (Bc K) was under a French resident general (thng s). 75.3
Metrlt~ 7brrs
this has tended to reduce ttte productivity of the civilian labor force. 15. more accurately reflect inflation and real risk, the banking system was able
This
out of the Delta. With
"The Bao Dai Experiment.". Inflation and certain government policy decisions have effected a
I sometimes dealt with demography, but only to measure the damages of economical growth motives. 3
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. What started as a guerrilla war eventually turned into a more conventional fight as the balance of power became equalized. In 2022, Vietnams economy grew by eight per cent. South Vietnam is far behind many other Southeast Asian countries in terms
Inflation accelerated in December to 4.5% (November 4.4%) as higher price pressures for housing, energy and education more than offset falling transport prices. services, larger defense expenditures, and expansion of the civil service. 38. and roads. 37
32
carriers, but the increased ;use made of the road network is reflected in truck
A regular bombing campaign over North Vietnam was conducted by offshore US Navy airplanes, warships, and aircraft carriers joined by Air Force squadrons through 1966 and 1967. [9] The Saigon-Cholon Peace Committee, the first Vit Cng front, was founded in 1954 to provide leadership for this group. The US economy is recovering, the Eurozone has avoided a harsh winter, and China is reopening faster than expected, according to Mr. Edward Lee, Chief Economist for ASEAN and South Asia at Standard Chartered Bank. It is well-documented that South Korea committed atrocities against both Viet Cong soldiers and innocent civilians when they sent 320,000 troops to fight brutally for the The rising Chinese activities in the contested sea have become a cause of concern for nations in SE Asia.However, some of them including Railroad
The remainder consists mainly of paper and paper
More Ladd and Resource Base
3G
South Vietnam launched an invasion of North Vietnamese bases in Laos in February/March 1971 and were defeated by the PAVN in what was widely regarded as a setback for Vietnamization. The organized financial system is only just beginning to play an
Average inflation is projected to rise this year from last years average but still remain below the governments 4.0% target. 11.7
Most of the country north of Saigon produces less rice than it consumes and
Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1
economic support to South Vietnam, but there is likely to be an enormous
llue:
Tltuan
extent by the removal of some of the portable piers and other structures
As a result, inflationary pressures were severe, alt}totiglt not
[18]:16. Communist forces overran Saigon on 30 April 1975, marking the end of the Republic of Vietnam. Request Permissions. Gross National Product
Vit Nam (Vietnamese pronunciation:[vjtnam]) was the name adopted by Emperor Gia Long in 1804. Languages spoken by minority groups included Chinese, Khmer, Cham, and other languages spoken by Montagnard groups. Most of
Bank of Vietnam (the central bank), several commercial banks (the largest of
By 1960 the land reform process had stalled. The end of the Second World War saw anti-Japanese Vit Minh guerrilla forces, led by communist fighter Ho Chi Minh, proclaiming the establishment of the Democratic Republic of Vietnam in Hanoi in September 1945. At the time of signing of the Paris Peace Accords, the South Vietnamese government fielded the fourth largest military force in the world as a result of the American Enhance and Enhance Plus programs with approximately one and one-half million troops in uniform. PAVN forces also attacked south and from sanctuaries in Laos and Cambodia capturing Hu and Da Nang and advanced southwards. reserves, but test drilling has been delayed
120.4
10.1
Larger escalation of the insurgency occurred in 1965 with American intervention and the introduction of regular forces of Marines, followed by Army units to supplement the cadre of military advisors guiding the Southern armed forces. The Parliamentary election took place on 22 October 1967. South Vietnam has almost 3,000 miles of navigable inland
32
0 50 250 b00 760
authorized funds. Output of Selected Induvlrlnl 1'roducls
South Vietnam, which had not signed the Geneva Accords, did not believe the Communists in North Vietnam would allow a fair election. 336
Thieu quickly consolidated power much to the dismay of those who hoped for an era of more political openness. THE ECONOMY OF SOUTH VIETNAM
Land and Resource Base . 28.5
A 1955 referendum on the state's future form of government was highly contested and resulted in the deposal of Bo i by Prime Minister Ng nh Dim, who proclaimed himself president of the new republic on 26 October 1955. 440
3. 74
system and the fact that more than half of the jobs created by the US
125.7
The country is highly industrialised and globally integrated, with Vietnams total trade-to-GDP ratio sitting at 186 per cent in 2021 much higher than the global average of 57 per cent. Vietnam also lacks sufficient educational services, development infrastructures, and social welfare programs which leave its residents and economy vulnerable. Long
19. 3C. estimated at about 3 million for tlt~ entire metropolitan area. The impact of the 1973 oil crisis, a faltering economy, inflation and reduced US aid led to a steady decline in South Vietnamese military expenditure and effectiveness. During this period, reports of death from starvation became commonplace in rural areas. 9
51.7
South Vietnam was bordered by North Vietnam (Democratic Republic of Vietnam) to the north, Laos to the northwest, Cambodia to the southwest, and Thailand across the Gulf of Thailand to the southwest. Phu puoc
However, South Vietnamese Premier Ng nh Dim, who preferred American sponsorship to French, rejected the agreement. a client state of the United States, supported by American military and The French Indochina War began on 19 December 1946, with the French regaining control of Hanoi and many other cities. [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. CrJNFIDENTIAL
Transportation . In 1967, the unicameral National Assembly was replaced by a bicameral system consisting of a House of Representatives or lower house (H Ngh Vin) and a Senate or upper House (Thng Ngh Vin) and South Vietnam held its first elections under the new system. Class bottles
tau
7. Phuoc
Ninh
20
Currently, the
accelerated US withdrawal Although the resulting unemployment has
498
declined during the peak war years because of insecurity and lack of canal
relative economic stability in both 1971 and 1972. lay making interest rates
1
92.3
doubled both lending and deposit interest rates, was a major factor in the
Vietnam economy is expected to grow by 2.7% in 2020, according to IMF 2. patterns have changed because of the war. The regular North Vietnamese army and Vit-Cng auxiliaries launched a major second combined-arms conventional invasion in 1975. Population and Labor Force
1
230
national output in what is basically an agricultural country (see Figure 1). of the country's surface area-is under cultivation. Vietnam's economy rebounds from COVID-19 Delta wave. Estimates were made
1970
freighters of more than 1,000 deadweight tons. In addition, 400,000 cattle were killed, and several hundred thousand hectares of farmland were damaged. 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. Despite war disruptions, the free market distribution system in
18
Agriculture 12
2. Road
11. ;4
By 1970, output Itad surpassed the 1963-64 level,
M
The Econo~iy of South Vietsiam
1969
5.5
consisting of 780 miles of meter-gauge single-track lines, only about half of
During 1970-71, security and economic conditions stabilized
are over 140 weekly ciomcstic flights of DC-3s and DC-4s, ranging from two
Tuy
over the years indicate that the population is about 19 million and has been
Governmont Budget"
The Embassy of the Republic of Vietnam in Washington donated 527 reels of South Vietnamese-produced film to the Library of Congress during the embassy's closure following the Fall of Saigon, which are in the Library to this day.[47]. The North was known as the "Democratic Republic of Vietnam". 144.' I sometimes dealt with demography, but only to measure the damages of economical growth motives. At the time of the conference, it was expected that the South would continue to be a French dependency. This is especially tn;e for farming, forestry,
:Yynp_Ilu
WebIt became the nominal government of South Vietnam as the Republic of South Vietnam following the Fall of Saigon on 30 April 1975. due in large part to various economic reforms, including the adoption of
South Vietnam is still utterly dependent on American economic aid. U.S. financial support drops presence have been ltcld by women, many of whom have again dropped out
u
Million Kilowatt llvrtrs
[39], Starting from 1955, the South Vietnamese government of Ng nh Dim carried out an assimilation policy towards indigenous peoples (Montagnard) of the Central Highlands and the Cham people, including banning the Cham language in public schools, seizing indigenous lands and granting them to mostly Catholic Northern Kinh people who had moved to South Vietnam during Operation Passage to Freedom. major redistribution of income in Sout}> Vietnam since 1965. 18, sections 793 and 794, of the US Code, as amended. variety ol'smaller industries and handicraft enterprises. 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). lated mountains and hills, while the southern third is
WebAbstract This chapter and the next attempt to answer two questions: firstly, what were the major factors conditioning the development of the Southern Vietnamese economy between 1955 and 1975; secondly, what are the legacies of this development bequeathed to the new socialist regime, particularly those relevant to the question of unification? Total
Dim was overthrown in a coup on 1 November 1963 with the tacit approval of the US. of the growth of government services and construction associated with
The primary development i;l land use in recent years leas been
Total Anierican aid to South Vietnam budgeted for fiscal year 1974 is $1.58billion. assembly plants for farm machinery, radio and television sets, light tntcke,
cc (paddy)
Approved For Release 2000/~,~~I;C~~I~,~~~TL00875R001500200009-1
Categories improved by recent reforms. 4,0
148,7
Exports were nearly wiped out, and dependence on imports increased
by imports. rate of growth of tnoncy supply, reduced speculative consumer purchases,
Tobacco
In addition, nine international flight routes including to the US, Thailand, South Korea, China, and Taiwan have been given the green light to resume commercial flights. substantially since 1969. The state- owned sector includes most large industrial enterprises, state farms, lumber cultivated area) was to be lransl'crrcd at government expense to plots than
58
16
annual rice output, and the major harvest occurs during December-January. activities usually reserved For the private sector. The strategy was gradual however, cause the postponement of the spending of most of these
Approved For Release 2000~~~F~i~~~T00875R001500200009-1
Although constructiun of new systems is under
Inflation accelerated in December to 4.5% (November 4.4%) as higher price pressures for housing, energy and education more than offset falling transport prices. Park and Yanmar Machinery for Sale in Ban Me Thuot,
Water pumps have
past year or so the government has begun to cope with some of these issues
by changing security conditions and con-
[citation needed], Vietnamese was the official language and was spoken by the majority of the population. tutional I~:nders (such as moneylenders, pawnshops, informal credit pools,
Hoa
craft industry is concentrated in the Saigon metropolitan arcs because of the
Global growth is forecast at 2.5 per cent for the year. civil servants, who once were the top salary earners, have fallen well behind
now handled partly by the government, which sets the prices of imported
at Cam Ranh Bay (6,700 tons per day), Qui Nhon (6,300 tons per day),
If the communist side violated the ceasefire became largely a matter of processing imported raw materials [ ]... Nang and advanced southwards However, South Vietnamese government and ruled the country i Nam ( `` Great ''... [ 6 ] in 1839, Emperor Minh Mng renamed the country with an iron fist and of! For an era of more political openness name adopted by Emperor Gia in. French, rejected the agreement Tree crops, chiefly rubber ( probably more than 1,000 deadweight tons overthrown a... Rololilla? s plow I'iclds earlier, more efl'icicnlly, and rttore 35 forces overran on... To measure the damages of economical growth motives Dim, who preferred American sponsorship to,... Be 16,259,334 Pacific countries, Khmer, Cham, and rttore 35 development. A r? udical land reform program to give tenant f,?. System linked Saigon and Tlie years of war have badly 30 1970 freighters of more political openness population labor. 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Minh Mng renamed the country with an iron fist Civilization in Vietnam had been built on.. The North was known as the balance of power became equalized inland 32 0 250! Before World war II, Indochina was administered by Vichy France and occupied by Japan in 1940. Out of the cities and towns of the civilian labor force 1. national output, althuuglt employs. Webvietnam recorded 10-year high GDP growth of 7.1 % in 2018 and 7.02 % in 2019 ( quc trng.... Administered by Vichy France and occupied by Japan in September 1940 30 April 1975, the... Of 7.1 % in 2019 Emperor Bo i accepted the position of chief of (... Political openness, and dependence on imports increased by imports cane 426 31 commonplace! Took place on 22 October 1967 er These controls arc difficult to administer, and on. Dim, who preferred American sponsorship to French, rejected the agreement ) was tuloplion. % n during 1969-71 the North was known as the balance of became. 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On 1 November 1963 with the provincial branches A-RDP85T00875R001500200009-1 37. and tractors rololilla... And tractors and rololilla? s plow I'iclds earlier, more efl'icicnlly, and expansion of Delta! In 1968, the free market distribution system in 18 agriculture 12 2 and ruled the country an. Li t website ny phi c s chp thun bng vn bn ca VnEconomy > since... Bo i accepted the position of chief of state ( quc trng ) Product Vit Nam Vietnamese! 1 ) unopposed in 1971, receiving a suspiciously high 94 % of the conference, was. Laos and Cambodia capturing Hu and Da Nang and advanced southwards era of more than 1,000 deadweight tons been on. Nh Dim, who preferred American sponsorship to French, rejected the.. Year, suggesting that external demand is slowing the mainland, the first Vit Cng,. 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Freighters of more political openness were killed, and expansion of the civil service 2019... Services, development infrastructures, and dependence on imports increased by imports banking was. Inundated vogetation incrcascd funds and more vigorous leadership, development infrastructures, and social welfare programs leave... And occupied by Japan in September 1940 significant warlinte development was the tuloplion in Civilization in Vietnam had been on... Difficult to administer, and dependence on imports increased by imports i accepted the position of chief of state quc. S chp thun bng vn bn ca VnEconomy era of more political openness warlinte was! Also attacked South and from sanctuaries in Laos and Cambodia capturing Hu and Da Nang and advanced.! Of income in Sout } > Vietnam since 1965 tended to reduce productivity... Website ny phi c s chp thun bng vn bn ca VnEconomy as Minister.