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Vietnam had an average growth in GDP of 7.1% per year from 2000 to 2004. The GDP growth was 8.4% in 2005, the second largest growth in Asia, trailing only China's. Government figures of GDP growth in 2006, was 8.17%. According to Vietnam's Minister of Planning and Investment, the government targets a GDP growth of around 8.5% for 2007.
In 1976, Vietnam was officially unified and renamed the Socialist Republic of Vietnam (SRVN), with its capital in Hà Nội. The unified regime was dominated by holdovers from the North, and the flag and anthem of North Vietnam became the flag and anthem of unified Vietnam.
The term "South Vietnam" became common usage in 1954, when the Geneva Conference provisionally partitioned Vietnam into communist and capitalist parts. Other names of this state were commonly used during its existence such as Free Vietnam and the Government of Viet Nam (GVN).
In 1975, Vietnam was officially reunified and renamed the Socialist Republic of Vietnam (SRVN), with its capital in Hanoi. The Communist Party of Vietnam dropped its front name "Labor Party" and changed the title of First Secretary, a term used in China, to Secretary-General, used in the Soviet Union, with Lê Duẩn as its Secretary General ...
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
Socialist Republic of Vietnam Cộng hòa Xã hội chủ nghĩa Việt Nam (Vietnamese) Flag Emblem Motto: Độc lập – Tự do – Hạnh phúc "Independence – Freedom – Happiness" Anthem: Tiến Quân Ca "The Song of the Marching Troops" Show globe Show map of ASEAN Location of Vietnam (green) in ASEAN (dark grey) Capital Hanoi 21°2′N 105°51′E / 21.033°N 105.850°E ...
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However, with the Cold War ongoing, the concern became political ideologies. Vietnam had been split into two opposing countries: North Vietnam, a communist country that fought the French and thus came into opposition with American ideals; and South Vietnam, a capitalist country that fought alongside the French and was generally in line with the ...