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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 ...
The aftermath of World War I saw far-reaching and wide-ranging cultural, economic, and social change across Europe, Asia, Africa, and even in areas outside those that were directly involved. Four empires collapsed due to the war, old countries were abolished, new ones were formed, boundaries were redrawn, international organizations were ...
Its economic reforms since the beginning of Đổi Mới in 1986 have helped to change Vietnam from being one of the world’s poorest nations to a middle-income economy in one generation. [ 39 ] In 2021, General Secretary of the Communist Party, Nguyen Phu Trong , was re-elected for his third term in office, meaning he is Vietnam's most ...
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 post–World War I recession was an economic recession that hit much of the world in the aftermath of World War I. In many nations, especially in North America, economic growth continued and even accelerated during World War I as nations mobilized their economies to fight the war in Europe. After the war ended, the global economy began to ...
The Inter-Ally Debts: An Analysis of War and Post-War Public Finance, 1914-1923 (1924) online Archived 2017-04-05 at the Wayback Machine; Hardach, Gerd. First World War: 1914–1918 (1981) the standard world economic history of the war; Horn, Martin. Britain, France, and the Financing of the First World War (2002) Kennedy, Paul.
Various names have been applied and have shifted over time, though Vietnam War is the most commonly used title in English. It has been called the Second Indochina War since it spread to Laos and Cambodia, [61] the Vietnam Conflict, [62] [63] and Nam (colloquially 'Nam). In Vietnam it is commonly known as Kháng chiến chống Mỹ (lit.
But while the communist Viet Minh led by Hồ Chí Minh wanted a nation modeled after other communist countries, the State of Vietnam led by Bảo Đại wanted a Vietnam with close economic and cultural ties to the West. [156] [11] The United States recognized the new Vietnam on 3 February 1950. [11]