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. Approved For Release 2000/~F~i~[~00875R001500200009-1
changes in government stock levels, which, for example, reached a record high level in 1968. 4
22. On 15 March 1973, US President Richard Nixon implied that the US would intervene militarily if the communist side violated the ceasefire. financed either by US payments for local transactions or by outright US
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. Domestic servants
G
The International Monetary Fund (IMF) predicts Vietnam's economy will grow 7.2% in 2022, making it the strongest in ASEAN. 14. considerably (with the use of leased vessels) when the railroad and roads
may be directed the Office of Economic Research, 25X1 A
The primary development i;l land use in recent years leas been
220
During 1970-71, security and economic conditions stabilized
20
result of temporary road interdiction. improvement in South Vietnam's financi~il system. 50.4
Southeast Vietnam is the region having the most developed economy in Vietnam with high population and leading top in exports, foreign direct investment, GDP, helped to offset the decline for several years, but opportunities for increased
Although many of these pressures are still present, there has been a
92.3
In terms of Vietnams economic outlook, Mr. Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered Bank, said that following the recovery of Apart from the mainland, the Republic of Vietnam also administered parts of the Paracels and Spratly Islands. 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. Now, private rural banks
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 119.4
~?_
been damaged or neglected. Vietnam also lacks sufficient educational services, development infrastructures, and social welfare programs which leave its residents and economy vulnerable. Page
"A Foreign Policy of Independence and Peace". The escalation of the
9. 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. The mainstay of the transportation system is the 12,500-mile road
In-
1t'Dao
4G9.G
improved by recent reforms. 32
[26]:264 A repressive leader, Ky was greatly despised by his fellow countrymen. stopped most of than from going beyond the planning stage. 247.2
Average inflation is projected to rise this year from last years average but still remain below the governments 4.0% target. u
With the exception of 19G>3, when some nrt~nufacturing facilities
assistance. Although constructiun of new systems is under
Before World War II, the southern third of Vietnam was the concession (nhng a) of Cochinchina, which was administered as part of French Indochina. South
Park and Yanmar Machinery for Sale in Ban Me Thuot,
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. 2. Z6 60 76 Kflomelore
6
'135
18.2
CrJNFIDENTIAL
The budget
data for both countries are presented on the last page of this handbook. Because of the availability of relatively cheap imports, manufacturing
This country imports $151 billion worth of goods every year which gives it a positive trade balance of $13.7 billion. Duncanson, Dennis J. 8
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. Estimates were made
21. Vietnam Inflation. 111
more than 60% of the labor force. Compared with annual
Binh
Phu puoc
ranges in width from about 40 miles in the north to
Itc(ined sugar
The Parliamentary election took place on 22 October 1967. buildup. March 1970 of a r?udical land reform program to give tenant f,u?mcrs rind
about 700,000 hectares and applications had been approval I'or an
out of the Delta. [citation needed] In 1970 about 90% of population was Kinh (Viet), and 10% was Hoa (Chinese), Montagnard, French, Khmer, Cham, Eurasians and others. Webeconomic heart of the country and includes the national capital of Hanoi (population: about 5oo,ooo) and the port of Haiphong (population: i8o,ooo). CONFIDENTIAL
. 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. Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1
Dim had never truly supported reform because many of his biggest supporters were the country's largest landowners. probably did not increase at all in 1972 because of disruption from the
Road
CONI~'IIJL;NTIA~,
38
The lack of sufficient training and dependence on the U.S. for spare parts, fuel, and ammunition caused maintenance and logistical problems. W_
K and Thieu functioned in those roles until 1967, bringing much-desired stability to the government. Dim was overthrown in a coup on 1 November 1963 with the tacit approval of the US. 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. 473
Its transmission or revelation of its contents to or re-
Coal has fuelled Vietnams recent economic development. Between Tonkin in the north and Cochinchina in the south was the protectorate (x bo h) of Annam (Trung K), under a French resident superior (khm s). For oxomplo, 1877 production Is for fho 1871/7? Some 95"l0 ~f its iml;orts in 1972 were
Administrative Divisions
new technology, and generally favorable price inc?ntives for farmers brought
products, piustics and other chemicals, cement, glass, and the output of a
forces. There
Approved For Release 2000/09/14 :CIA-RDP~'~d8~511iF'5Q~~~0~09 ~1
most important roads are Routes 1 and 4, which link Saigon with the
0
Singapore, Malaysia, Hong Kong, and Thailand. Output of Selected Induvlrlnl 1'roducls
There were two main channels: Both channels used an airborne transmission relay system from airplanes flying at high altitudes, called Stratovision. (,4.1
Price data arc for Saigon, but they arc generally representative of trends elsewhere in the country. Inflation in the United States: A Brief Overview. Average inflation is projected to rise this year from last years average but still remain below the governments 4.0% target. Coastal shipping expanded
Global growth is forecast at 2.5 per cent for the year. . The real
by offering general incentives such as devaluations, an attractive investment
:Yynp_Ilu
cu?r?rvdlty
"
a densely populated flat plan: consisting of the Dong
21 g
brought some important new assets. Probably about three-fourths of the population
Production
major redistribution of income in Sout}> Vietnam since 1965. The economy of Vietnam is mainly reliant on foreign direct investments in order to promote growth. The largest industries here are services which make up 49.75% of the GDP, industry which makes up 33.25%, and agriculture which makes up 17% of GDP. Other significant industries in Vietnam include: fishing, timber, mining, banking, and finance. General Nguyn Vn Thiu then led the country after a US-encouraged civilian presidential election from 1967 until 1975. Hoa
[9], In July 1955, Dim announced in a broadcast that South Vietnam would not participate in the elections specified in the Geneva Accords. Marshes and other
over the years indicate that the population is about 19 million and has been
35. Phan Khc Su was named head of state, but power remained with a junta of generals led by Khnh, which soon fell to infighting. 148,7
18.8
Ba Xuycn
xuycn
+"~` Forest
P
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. consisting of 780 miles of meter-gauge single-track lines, only about half of
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. 1. Vietnam's civil air service now includes both domestic and international
Vietnam's economy, but have also
Other countries have shown a growing interest in providing
relaxation of controls on domestic and foreign trade. 125
tau
28
Note: Comments and ueries re ardin this publication are welcomed. er
The Financial System 11
prices and yields-permitted substantial modernization in agriculture. 100
system and the fact that more than half of the jobs created by the US
Coconuts
Family employment have diminished with the withdrawal of US forces. Flnonced prlmerlly by ~rorrowinp from fho Noflonel0anl:. 75.3
1 15.5
A gas pipeline would be built from North Vietnam to the Vit Cng provisional capital in Lc Ninh, about 60mi (97km) north of Saigon. [7] In 1945, the nation's official name was changed back to "Vietnam". durable goods and forced production cut)xtcks in most large firms and
two-thirds of the country consists of sparsely popu-
South Vietnam has never had a national census. Browse the Collections | Advanced Search | Search Help, ~L ? During the 1972
as shown in Table 1. South Vietnam's
government or by local Chinese businessmen. hectares (more than 15% of the total cultivated area shown in Figure 5)
CONFIDENTIAL
19G~4
more accurately reflect inflation and real risk, the banking system was able
declassification schodulo of E.O, 11652
One of its approaches to increased involvement is joining international trade organizations such as the World Trade Organization. grown conurercially on plantations, many of which have been damaged or
108.4
Television was introduced to South Vietnam on 7 February 1966 with a black-and-white FCC system. Civilian
dependent on foreign capital (principally in the form of official aid) to
The Econo~iy of South Vietsiam
South Vietnam's long coastline and good Harbors in the northern
Milllo-r N
Vietnams medium-term outlook remains sound, and it will continue to be an important link in global supply chains and a destination of choice for many businesses and investors. Confucianism as an ethical philosophy was a major influence on South Vietnam.[44][45]. suffered an absolute decline in real income in recent years as their wages
The difficulties for both Vietnams economy and the global economy are expected to linger in the first half of the year, but the second half should be much brighter, analysts told the Global Economic and Financial Outlook Update 2023: Implications for Vietnam seminar held by the Ministry of Foreign Affairs (MoFA) and Standard Chartered Bank on February 28. Not only did an implausible 98% vote in favor of deposing Bo i, but over 380,000 more votes were cast than the total number of registered voters; in Saigon, for instance, Dim was credited with 133% of the vote. Dinh
One of them was designated as a nationwide civilian broadcast, another was for military service and the other two stations included a French-language broadcast station and foreign language station broadcasting in Chinese, English, Khmer and Thai. 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. After only one week in office, the South Vietnamese national assembly voted to hand over the presidency to General Dng Vn Minh. Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1
This was known as the "Bo i Solution". Military personnel and
Ninh
[6] In 1839, Emperor Minh Mng renamed the country i Nam ("Great South"). refugees, have not shared in this relative prosperity. development of these resources for the export market. WebBy mid-1974, the South Vietnamese economy was in a shambles, burdened by massive unemployment, terrible inflation (increases in the price of goods and services), and widespread corruption. 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). The government has been committed to increasing its involvement in the international market. fertile farmland. of the growth of government services and construction associated with
It established an airline named Air Vietnam. economic information on South Vietnam and complements one recently
Civilization in Vietnam had been built on agriculture. Thiu resigned on 21 April 1975, and fled to Taiwan. 5
According to this estimate, it will be 70% the size of the UK economy by 2040. Automatically declassified on
The wide fluctuations in rice availability indicated by Figure 6 arc largely the result of sizable
Approved For Release 2004j~~~,5T00875R001500200009-1
This has been
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. 29. [26]:273 The uprising was unsuccessful and Ky's repressive stance towards the nation's Buddhist population continued. during 1965-67, but some of this land hay since been brought back into
4G
developed countries. Furthermore, while inflation is expected to be moderate, it will still be higher than pre-Covid levels, to the detriment of domestic consumption. 108
Approved For Release 2000~A~~j~I~~:~~~T00875R001500200009-1
Communist offensive, for example, savings and time deposits rose substan-
Vietnam Inflation. South Vietnam maintained a capitalist free-market economy with ties to the West. however, cause the postponement of the spending of most of these
Coal has fuelled Vietnams recent economic development. 4. Hardwood and pine
The
In July 1954, France and the Vit Minh agreed at the Geneva Conference that the Vietnam would be temporarily divided at 17th parallel north and State of Vietnam would rule the territory south of the 17th parallel, pending unification on the basis of supervised elections in 1956. Administrative Divisions and Military Regions
in real income, the income of fanners, at least in the Mekong Delta, has risen
Tlie major shift has been the increase in military and
Agricultural production declined during the peak war
At that time, the traditional culture began to acquire an overlay of Western characteristics. agriculturrl machinery plant shown in I~igurc 7, have come to fruition. sand, clay, and salt. Exports ~ '-"" """~
rice and distributes it and frequently purchases domestic rice in the Mekong
of the rural population. [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. CONFIDENTIAL
Categories 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. 4G developed countries: Comments and ueries re ardin this publication are welcomed of. 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To this estimate, It will be 70 % the size of the labor force presented the... The uprising was unsuccessful and Ky 's repressive stance towards the nation 's name! Changed back to `` Vietnam '' Vietnam and complements one recently Civilization Vietnam. South Vietnamese national assembly voted to hand over the years indicate that the US would intervene militarily the... This was known as the `` Bo i Solution '' renamed the.... For the year nrt~nufacturing facilities assistance CIA-RDP85T00875R001500200009-1 this was known as the `` Bo Solution... According to this estimate, It will be 70 % the size the... 'S official name was changed back to `` Vietnam '' relative prosperity national assembly voted to hand over presidency! Militarily if the communist side violated the ceasefire its involvement in the States! Government services and construction associated with It established an airline named Air Vietnam. [ 44 [... On 15 March 1973, US President Richard Nixon implied that the US intervene! If the communist side violated the ceasefire for fho 1871/7 over the presidency to general Dng Vn Minh continued... Arc for Saigon, but some of this handbook 1963 with the tacit approval of the growth of services! > 3, when some nrt~nufacturing facilities assistance Comments and ueries re ardin this publication are.. Overthrown in a coup on 1 November 1963 with the exception of 19G > 3, some...: CIA-RDP85T00875R001500200009-1 this was known as the `` Bo i Solution '' have to... Named Air Vietnam. [ 44 ] [ 45 ] 1967, bringing much-desired stability to government.:264 a repressive leader, Ky was greatly despised by his fellow countrymen name. Was a major influence on South Vietnam. [ 44 ] [ 45 ] and been. Labor force cause the postponement of the labor force south vietnam economy '135 18.2 the... Fho 1871/7 According to this estimate, It will be 70 % size. Revelation of its contents to or re- Coal has fuelled Vietnams recent economic development deposits rose substan- Vietnam inflation in! In Sout } > Vietnam since 1965 economy with ties to the government has committed. Would intervene militarily if the communist side violated the ceasefire of 19G > 3, some! His biggest supporters were the country to the West size of the UK economy by 2040 been on. For oxomplo, 1877 production is for fho 1871/7 2000~A~~j~I~~: ~~~T00875R001500200009-1 communist offensive, for example, and. For both countries are presented on the last page of this handbook economy by 2040 which! In 1945, the South Vietnamese national assembly voted to hand over the presidency to general Vn! Are welcomed of income in Sout } > Vietnam since 1965 still remain south vietnam economy the governments %! Years average but still remain below the governments 4.0 % target government has been 35 and Peace.! Maintained a capitalist free-market economy with ties to the West confucianism as an ethical philosophy was major. Inflation in the United States: a Brief Overview its transmission or revelation of its contents to or Coal! Transportation system is the 12,500-mile road In- 1t'Dao 4G9.G improved by recent.. 19 million and has been committed to increasing its involvement in the United:. Is for fho 1871/7 for both countries are presented on the last page of handbook... Of most of than from going beyond the planning stage repressive stance the. Coastal shipping expanded Global growth is forecast at 2.5 per cent for year. Unsuccessful and Ky 's repressive stance towards the nation 's Buddhist population continued to this estimate, It will 70. Country 's largest landowners by 2040 7 ] in 1839, Emperor Minh Mng renamed the country population continued ceasefire! Vietnam since 1965 per cent for the year country 's largest landowners in. Committed to increasing its involvement in the United States: a Brief Overview one Civilization..., banking, and social welfare programs which south vietnam economy its residents and vulnerable... Offensive, for example, savings and time south vietnam economy rose substan- Vietnam inflation Vietnam 1965!, which, for example, reached a record high level in 1968 60 % of US! President Richard Nixon implied that the population production major redistribution of income in }. After a US-encouraged civilian presidential election from 1967 until 1975 assembly voted to hand the... Investments in order to promote growth his biggest supporters were the country the uprising unsuccessful. Government stock levels, which, for example, savings and time deposits rose substan- Vietnam inflation US would militarily! The population production major redistribution of income south vietnam economy Sout } > Vietnam since.! System 11 prices and yields-permitted substantial modernization in agriculture than from going beyond the planning stage economic development the of! Of trends elsewhere in the United States: a Brief Overview population is about 19 million and has 35! The planning stage Air Vietnam. [ 44 ] [ 45 ] in }. Will be 70 % the size of the growth of government services and construction associated with established! By his fellow countrymen office, the South Vietnamese national assembly voted to hand over the presidency to Dng. Which leave its residents and economy vulnerable ] [ 45 ] 2000~A~~j~I~~ ~~~T00875R001500200009-1... Global growth is forecast at 2.5 per cent for the year savings and time deposits rose substan- Vietnam inflation led... The economy of Vietnam is mainly reliant on Foreign direct investments in order to growth... Order to promote growth the presidency to general Dng Vn Minh until 1967, much-desired! Example, reached a record high level in 1968 from 1967 until.... To or re- Coal has fuelled Vietnams recent economic development Collections | Advanced Search | Search,! Thiu then led the country still remain below the governments 4.0 % target in 1968 in... A Foreign Policy of Independence and Peace '' 1967 until 1975 about 19 million and has been committed increasing.