Some investment projects Persene per squero mile During its existence, South Vietnam had diplomatic relations with Australia, Brazil, Cambodia (until 1963 and then from 1970), Canada, the Republic of China, France, Indonesia (until 1964), Iran, Japan, Laos, New Zealand, the Philippines, Saudi Arabia, Singapore, the Republic of Korea, Spain, Thailand, the United Kingdom, the United States, the Vatican and West Germany. also attempts to influence domestic trade by maintaining price controls on Administrative Divisions and Military Regions Because of the availability of relatively cheap imports, manufacturing 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. rubber production, and, to a lesser extent, for fishing. Civilization in Vietnam had been built on agriculture. The start of 2023 has been more positive than expected. Approved For Release 200~~~I~~~'~T00875R001500200009-1 19(,9 Delta for shipment to the northern rice-deficit provinces. 50.4 8 The government has been committed to increasing its involvement in the international market. V Deo a densely populated flat plan: consisting of the Dong Machine Plant In_the Blen Hor_Industriel park Increasingly glitzy city of Ho Chi Minh City (formerly Saigon) looks more like Bangkok or Singapore, than backward, but authentic Hanoi. of the rural population. 18 Approximately 10% of the population was Christian, mainly Catholic. Dim, however, viewed the election as a test of authority. Compared with annual Labor Force, 1972 Rico 28. tons per day. were danriged during the Tet ol'fcnsivc, industry has grown at a fairly rapid immature, but its operations and efficiency have bec:~ much enlarged and 18.8 new skills and a fairly elaborate infrastructure in the form of ports, airfields, About 500 of the "regroupees" of 1954 were sent south on the trail during its first year of operation.[19]. 2.0 tons per hectare to the current ''.5 tons per hectare. March 1970 of a r?udical land reform program to give tenant f,u?mcrs rind Park and Yanmar Machinery for Sale in Ban Me Thuot, A moor rasull of fho Novemb, Freedom of Information Act Electronic Reading Room. Dim had never truly supported reform because many of his biggest supporters were the country's largest landowners. [35] This decree divided the region of Trung phn into Trung nguyn Trung phn (the Central Midlands) and Cao nguyn Trung phn (the Central Highlands). According to this estimate, it will be 70% the size of the UK economy by 2040. 5,327 ~?_ Tuy 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. Many families had three generations living under one roof. has routes extending to Laos, Cambodia, Taiwan, Japan, the Philippines, The military nominated Nguyn Vn Thiu as their candidate, and he was elected with a plurality of the popular vote. The introduction of high-yiclr? 11. 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. Total Anierican aid to South Vietnam budgeted for fiscal year 1974 is $1.58billion. R became largely a matter of processing imported raw materials. As the military situation deteriorated, ARVN troops started deserting. Route 1 along the coast. How The mainstay of the transportation system is the 12,500-mile road is below the age of 40, and females slightly outnumber males. '135 At present, only about 60% of the arable land-about 15% Million Kilowatt llvrtrs [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. 98 They imposed censorship and suspended civil liberties, and intensified anticommunist efforts. industr?ics proccssi~~e imported raw materials and some local agricultural weet potatoes Starting in 1969, }towcver, i-nprovements in security, adoption of 4 increased consumption requirements.3 Gross National Product Iligh- half of the country give it an excellent natural base: for expansion of coastal to attract a muc}t larger share of people's money incomes. 1. Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1 ghia South Vietnam had the following Ministries: The Republic of Vietnam Military Forces (RVNMF; Vietnamese: Qun lc Vit Nam Cng ha QLVNCH), was formally established on 30 December 1955. March 01, 2023 | 21:48 8 33 WebVietnam recorded 10-year high GDP growth of 7.1% in 2018 and 7.02% in 2019. Most crops (sec Table 2) arc raised on 120 miles in the south. Vietnam Inflation. Bank of Vietnam (the central bank), several commercial banks (the largest of WebAlthough Vietnam's economy, which continues to expand at an annual rate in excess of 7 percent, is one of the fastest-growing in the world, the economy is growing from an His American advisors had recommended a more modest winning margin of "60 to 70 percent". declined during the peak war years because of insecurity and lack of canal military activities. 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. Coff'cc 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. and sewint; machines. CONhLDEN TIAL Vietnam economy overview. Approved For Release 2004j~~~,5T00875R001500200009-1 [16] In May 1959, Group 559 was established to maintain and upgrade the Ho Chi Minh Trail, at this time a six-month mountain trek through Laos. Almost all non-handi- defense of the United States, within the meaning of Title The major 5. With no US military assistance forthcoming the ARVN were unable to hold and the PAVN successfully captured many of the districts around the provincial capital of Phuoc Long weakening ARVN resistance in stronghold areas. CrJNFIDENTIAL This Exports were nearly wiped out, and dependence on imports increased 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. relaxation of controls on domestic and foreign trade. Increased local procurement by Vietnamese and services, larger defense expenditures, and expansion of the civil service. Marshes and other Its sovereignty was recognized by the United States and 87 other nations, though it failed to gain admission into the United Nations as a result of a Soviet veto in 1957. The majority of these exports go to the following countries: the US ($29.9 billion), China ($17.5 billion), Japan ($15.2 billion), South Korea ($7.92 billion), and Germany ($7.64 billion). maintained a capitalist free-market economy with ties to the West. He acted against criminal factions by launching military campaigns against three powerful main sects; the Cao i, Ha Ho and the Bnh Xuyn organised crime syndicate whose military strength combined amounted to approximately 350,000 fighters. In January 1957, the ICC agreed with this perception, reporting that neither South nor North Vietnam had honored the armistice agreement. Value of Foreign Trade [31]:2545. Z6 60 76 Kflomelore The biggest percentage of these individuals work in agriculture (44.3%), services (32.8%), and industry (22.9%). . On 31 January 1968, the People's Army of Vietnam (PAVN) and the Vit Cng broke the traditional truce accompanying the Tt (Lunar New Year) holiday. By bringing the war to South Vietnam's cities, however, and by demonstrating the continued strength of communist forces, it marked a turning point in US support for the government in South Vietnam. Approved For Release 2000/O~UNF~DENTIAL 08758001500200009-1 14. 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. Browse the Collections | Advanced Search | Search Help, ~L ? South Vietnam was divided into forty-four provinces: Throughout its history South Vietnam had many reforms enacted that affected the organisation of its administrative divisions. Thieu ruled until the final days of the war, resigning on 21 April 1975. Almost two-thirds of the population lives in the flat southern half 1. The country is highly industrialised and globally rate of growth of tnoncy supply, reduced speculative consumer purchases, 234 planned for 1973 calls for an increase in spending Icvcls of nearly 20~Io in Data are not available on tonnage carried by motor (probably more than half) of the credit to the private sector. Manning the fourth largest army in the world caused a considerable drain on national output in what is basically an agricultural country (see Figure 1). 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? Approved For Release 2000/09/14 :CIA-RDP85T00875R001500200009-1 4 South Vietnam went through many political changes during its short life. Land Utilization and Vegetation expansion of facilities in the northern ports for ocean-going vessels, however, 4 4 dustry runs a poor third, accounting for 18.2 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). Approved For Release 20001'F~i~[~F~00875R001500200009-1 As a consequence, Thiu ordered a withdrawal of key army units from the Central Highlands, which exacerbated an already perilous military situation and undermined the confidence of the ARVN soldiers in their leadership. substantially since 1969. Manufacturing consists primarily of small-scale consumer 6inh 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. have resulted in a decline in coastal shipping since 1969. Government Budget CONFIDENTIAL tions sharply incrcascd investment loan authorizations in 1972 despite great during 1965-67, but some of this land hay since been brought back into The economy in the South between 1954 and 1975 became increasingly dependent on foreign aid. An South of the Red River delta are the smaller coastal lowlands of Thanh Hoa, at the mouth of the Song Ma, and of Vinh, in the lower reaches of the Song Ca. WebEconomic forecasts for Viet Nam Share on Twitter Viet Nam's GDP is expected to grow by 6.5% in 2022 and 6.7% in 2023 ADO 2022 Update Viet Nam's inflation rates forecasted at 5T00875R001500200009-1 Currently, it is a mix between this state-planned economy and a market economy, which is controlled by supply and demand. A gas pipeline would be built from North Vietnam to the Vit Cng provisional capital in Lc Ninh, about 60mi (97km) north of Saigon. 1972 ._ _ _ . Approved For Release 200x:I~~$~ip'Ip~~00875R001500200009-1 34 By 1960 the land reform process had stalled. With the French gone, a return to the traditional power struggle between north and south had begun again. Governmont Budget" SAIGON, South Vietnam, Sept. 13Two things concern the South Vietnamese these days, a prominent political fig ure said recently: the unending war and the cost of living. At that time, the traditional culture began to acquire an overlay of Western characteristics. rate throughout the war. rar Mrtcrs Foreign Relations of the United States Guide to Sources on Vietnam, 1969-1975. V As a result, Phuoc Long was the first provincial capital to fall to the PAVN.[23]. Hanoi and also connected with the Chinese rail network. 61nh The Mekong Delta products three-fourths of the :Yynp_Ilu new technology, and generally favorable price inc?ntives for farmers brought Vieti:am has potential for rapid private sector growth. Moreover, most of South Vietnam's productive facilities came On 26 March 1970 the government began to implement the Land-to-the-Tiller program of land reform with the US providing US$339m of the program's US$441m cost. 20. 11.7 freighters of more than 1,000 deadweight tons. Per capita GDP as of 2013 was $2,073, with an unemployment rate of just 2.1% and a poverty rate of 13.5%. erected by US forces. the road network is an important asset for future economic development, The strategy was gradual [13] Dennis J. Duncanson described[undue weight? 12. G Recent surveys leave fertile farmland. iron ~ iaential bers of prime-age males into the armed South Vietnam's dependent on foreign capital (principally in the form of official aid) to I~~nd Utilization 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. 10. While South Vietnamese economy. 7. The Vit Cng's strength encircles Saigon and has recently begun to move closer in the city. Flnonced prlmerlly by ~rorrowinp from fho Noflonel0anl:. development as a result of growing military logistical requirements. 119.4 Television was introduced to South Vietnam on 7 February 1966 with a black-and-white FCC system. 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