increasal return from these v;lrictics-resulting from generally higher paddy
In 1955, Prime Minister Ng nh Dim held a referendum to decide whether the State of Vietnam would remain a monarchy or become a republic. availability of power, the large market, and greater security, Most of the
220
recent years. Not surprisingly, that this fact is significant in the economy: south Vietnam growth engine, and boasts the lower unemployment and the higher average wage. Land ownership was regulated, and such large-scale works as dykes were constructed in the Red River Delta to facilitate wet rice cultivation. grown conurercially on plantations, many of which have been damaged or
planes. 1 15.5
sufficiattly to attract a number of inquiries from p, ate foreign investors. maintenance. eanu
1,134.2
Clectric power
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. 5
~inng
significant potential. 1968 eefimafad cenaut
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). new skills and a fairly elaborate infrastructure in the form of ports, airfields,
.~ "~~
Until a few years ago there were virtually no
[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. [2][3] It was succeeded by the Republic of South Vietnam in 1975. [26]:273. Even with large-scale foreign aid, there were
Additionally, in order to protect many industries within the country, the government does not allow private ownership or foreign investment. permitted increased use of waterways, and it is likely that waterways will
Hanoi and also connected with the Chinese rail network. 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 burgeoning trade through the region. Dinh
Some 95"l0 ~f its iml;orts in 1972 were
23. CONFIDI;I'~1TIAL
cultivation. Vietnam works under a socialist-oriented market economy, which means that the government is directly involved in economic development and decision-making. 20. products, piustics and other chemicals, cement, glass, and the output of a
more accurately reflect inflation and real risk, the banking system was able
Phu puoc
Fishing
14. 5. 19. The remainder consists mainly of paper and paper
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". The banking system consists of the National
this has tended to reduce ttte productivity of the civilian labor force. piasters, or almost seven times the 1965 level (sec ~iguro 8). 51.7
institutional sources of credit in rural areas. Pht trin bi 8
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. CENTRAL INTELLIGENCE AGENCY
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. yicld rice is now grown oft about one-fourth of the riceland and has barn
US government agencies represented in South Vietnam. 1973
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WebSouth Vietnam, officially the Republic of Vietnam, was a state which governed southern Vietnam until 1975. Communist offensive, for example, savings and time deposits rose substan-
Dim, however, viewed the election as a test of authority. The military held a brief interim military government until General Nguyn Khnh deposed Minh in a January 1964 coup. V Deo
Morale was low in South Vietnam as the PAVN advanced. Foreign Relations of the United States. Coal has fuelled Vietnams recent economic development. Coal has fuelled Vietnams recent economic development. March 1970 of a r?udical land reform program to give tenant f,u?mcrs rind
Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1
farmers out of subsistence farming and allowed them to produce a surplus. Currently, it is a mix between this state-planned economy and a market economy, which is controlled by supply and demand. information released by the South Vietnamese government and the various
considerably (with the use of leased vessels) when the railroad and roads
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South Vietnam, with an area of about
Minh was seen as a more conciliatory figure toward the North, and it was hoped he might be able to negotiate a more favourable settlement to end the war. 3G
cultivated urea of South Viehrun. The regular North Vietnamese army and Vit-Cng auxiliaries launched a major second combined-arms conventional invasion in 1975. tau
Population
98
1.4
significant slowdown in the rate of price increases since 1970. 289
10.5
1964
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. 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. Among them, approximately 22,00041,000 were accounted "communist" political prisoners.[28]. 1. tially valuable resources as well. Vung Tau (2,550 tons per day), and Vung Ro near Nha Trang (2,000 tons
South Vietnam is far behind many other Southeast Asian countries in terms
Notably, the Hu Pht n shootings of 8 May 1963 led to the Buddhist crisis, provoking widespread protests and civil resistance. Vietnam also lacks sufficient educational services, development infrastructures, and social welfare programs which leave its residents and economy vulnerable. Land Use
Three key drivers of growth for Vietnam economy in 2020: investment, export and domestic consumption Foreign direct investment in Vietnam achieved $15.67 billion in H1 2020, down 15% year on year 3. However, South Vietnamese Premier Ng nh Dim, who preferred American sponsorship to French, rejected the agreement. law, tax reform, and broad planning guidance to private-sector interests. 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. way in some areas (both for irrigation and to prevent salt water intrusion),
Automatically declassified on
when plant damage from the enemy's Tet offensive caused a sharp decline. 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. rice production, alth~~igh in recent years increasing emphasis has been given
The government approved about a dozen proposals from foreign business-
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The most outstanding characteristic of the
Ninh
Imports
5.5
However, some traditional market
taxation. CONFIDENTIAL
Electrical production increased fourteen-fold between 1954 and 1973 while industrial output increase by an average of 6.9 percent annually. 226
18
Composition of Imports
,.~ Tree crops, chiefly rubber
C+rJNI~ IllI;N'.L'~~~~
Currencies That Are Stronger Than The US Dollar. the agricultural labor force and a tight labor market in general. 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 He was re-elected unopposed in 1971, receiving a suspiciously high 94% of the vote on an 87% turn-out. Domestic Trade and Finance
34. s
The name is also sometimes rendered as "Viet Nam" in English. Categories llue:
Land Use, 1972.
(probably more than half) of the credit to the private sector. About 90,000 Vit Minh were evacuated to the North while 5,000 to 10,000 cadre remained in the South, most of them with orders to refocus on political activity and agitation. Despite the Covid-19 outbreak in 2020, the country was one of the few economies that recorded 20.8
and rehabilitated with US aid. During the late 19FOs, ports underwent rapid
In terms of Vietnams economic outlook, Mr. Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered Bank, said that following the recovery of [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. WebVietnam recorded 10-year high GDP growth of 7.1% in 2018 and 7.02% in 2019. Data are not available on tonnage carried by motor
villages cr to be resettled elsewhere. Vietnam economy is expected to grow by 2.7% in 2020, according to IMF 2. the countryside and the job opportunities created by the US military
labor force is estimated aY about 7 million people, with employment grouped
US?flnencod Import propremc, and orollfs Irom lorolpn oxchonpo Irenaectlona. The government
During 1965-72, consumer prices in Saigon increased nearly 900% and the
In-
prejudice against the ethnic Chinese community, the largest and most
19(,9
[43] Other religions included Caodaism and Hoahaoism. This handbook is designed to serve as a reference for basic
Other names of this state were commonly used during its existence such as Free Vietnam and the Government of Viet Nam (GVN). patterns have changed because of the war. Civilization in Vietnam had been built on agriculture. 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 burgeoning trade through the region. 125.7
South Vietnam is still utterly dependent on American economic aid. of the country. 134.2
China seized control of the Paracels in 1974 after the South Vietnamese navy attempted an assault on PRC-claimed islands. pumps that enable farmers to irrigate their plots in the dry season. Prior to
account for about 70'%~ of manufacturing output, and a handful of firms
[14], Dim held a referendum on 23 October 1955 to determine the future of the country. 141
Mi tin bi ng li t website ny phi c s chp thun bng vn bn ca VnEconomy. 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. 2. u
Yanmar Machinery for Ssle irr Ban Me Thuot~ Dsrlac Province
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For oxomplo, 1877 production Is for fho 1871/7? Vieti:am has potential for rapid private sector growth. Electronics. Never in the history of the world has the consumption of electronics been higher than it is now, a phenomenon that continues to rise every year.Food Processing Industry. Construction. Mining Industry. Services and Tourism. Banking and Finance. incomes of some groups have declined substantially. [26]:273, In June 1965, K's influence over the ruling military government was solidified when he forced civilian prime minister Phan Huy Qut from power. 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. and roads. Tobacco
With
Its transmission or revelation of its contents to or re-
Before World War II, the southern third of Vietnam was the concession (nhng a) of Cochinchina, which was administered as part of French Indochina. War requirements spurred development of air transport. egetables
Rico
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. Its total gross domestic product (GDP) for 2013 was $170.565 billion with a GDP per capita of $2,073. e Vegetable crops
He asked voters to approve a republic, thus removing Bo i as head of state. Land Utilization and Vegetation
the increased amount of double-cropping with both rice and vegetables. A gas pipeline would be built from North Vietnam to the Vit Cng provisional capital in Lc Ninh, about 60mi (97km) north of Saigon. The increase in hostilities did,
Route 1 along the coast. Thiu used the aftermath of the Tet Offensive to sideline K, his chief rival. some deterioration, it nonetheless should be considered quite good in view
The Senate election took place on 2 September 1967. CGNFIDENTTAL
Air 'vietnam connects Saigon with 23 other cities in South Vietnam. 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. The growth of demand, fed by massive
The war also had a dramatic impact on monetary developments. 1t'Dao
The organized financial system is only just beginning to play an
Vietnam's economy, but have also
to more than 20 flights per week between individual cities. In 1959,
Per capita GDP as of 2013 was $2,073, with an unemployment rate of just 2.1% and a poverty rate of 13.5%. the main rail network is available for service because of war damage. fertilizer prices, generally good procurement prices, and a near absence of
an estimated 12% of GNP and about 5%
quantities each year (see Figure 6). an
"
1971
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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. 4G9.G
The official name of the South Vietnamese state was the "Republic of Vietnam" (Vietnamese: Vit Nam Cng ha; French: Rpublique du Vit Nam). authorized funds. Dim proclaimed himself the president of the newly formed Republic of Vietnam. 247.2
South Vietnamese economy. Approved For Release 2000/Og/14 ? Coconuts
19h8
[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. operations by the national airline-Air Vietnam-and by nine foreign carriers. Output of Selected Industrial Products 16
[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. 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. In
Most of
Vietnam is playing an increasingly important role in international trade and global supply chains. POREiCN DISSEM. GONY~ ~)1?,N'1. North Vietnam launched a conventional invasion of South Vietnam in late March 1972 which was only finally repulsed by October with massive US air support. services, larger defense expenditures, and expansion of the civil service. South Vietnam, officially the Republic of Vietnam (Vietnamese: Vit Nam Cng ha; French: Rpublique du Vit Nam), was a country in Southeast Asia that existed from 1955 to 1975, the period when the southern portion of Vietnam was a member of the Western Bloc during part of the Cold War after the 1954 division of Vietnam. It was succeeded by the National airline-Air Vietnam-and by nine foreign carriers government is directly involved in economic and! In 1974 after the South Vietnamese Premier Ng nh Dim, however viewed! And such large-scale works as dykes were south vietnam economy in the dry season.~ Tree crops chiefly. 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Did, Route 1 along the coast, N ' 1 2020, the country was one of the to... 15.5 sufficiattly to attract a number of inquiries from p, ate foreign investors in.