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Destruction caused by the 1954-1975 Second Indochina War (commonly known as the Vietnam War) seriously strained Vietnam's economy. Across Vietnam, the situation was worsened by the country's 3 million military and civilian deaths and its later exodus of 2.1 million refugees, including tens of thousands of professionals, intellectuals ...
North and South Vietnam therefore remained divided until the Vietnam War ended with the Fall of Saigon in 1975. After 1976, the newly reunified Vietnam faced many difficulties including internal repression and isolation from the international community due to the Cold War , Vietnamese invasion of Cambodia and an American economic embargo. [ 2 ]
Like much of Vietnam, post-war Biên Hòa suffered a period of severe economic decline between 1975 and the second half of the 1980s. However, after the government of the Socialist Republic of Vietnam introduced Đổi Mới, a series of economic and political reforms in 1986, Biên Hòa experienced significant economic growth. The city and its ...
The move, opposed by U.S. steelmakers and Gulf Coast shrimpers but backed by retailers and other business groups, would reduce the punitive anti-dumping duties set on Vietnamese imports because of ...
In the first quarter of 2024, Vietnam’s economy expanded 5.7% year on year. While that was faster than the 3.4% growth reported the previous quarter, it was still a lower-than-expected result ...
Anhao Paper Factory, 1961. South Vietnam had a small industrial sector and fell far behind other countries in the region in this respect. [1] Output increased 2.5 to 3 times over the 20 years of the country's existence, but the share in total GDP remained at only around 10%, even dropping to 6% in some years, while the economy was dominated by strong agricultural and service sectors. [1]
The New Economic Zones program (Vietnamese: Xây dựng các vùng kinh tế mới) was implemented by the communist Việt Cộng and Socialist Republic of Vietnam after the Fall of Saigon. Between 1975 and 1980, more than 1 million northerners migrated to the south and central regions formerly under the Republic of Vietnam. This program, in ...
During the Vietnam War, Khánh Hòa was a hub of military activity for the Republic of Vietnam army , the Republic of Vietnam Navy, the Republic of Vietnam Air Force, and for the U.S. Pacific Air Forces (USAF), particularly in Cam Ranh Bay and at the Nha Trang Air Base. The II Corp. headquarters were located in Nha Trang and populated by ...