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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 ...
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.
The main environmental concern that persists in Vietnam today is the legacy of the use of the chemical herbicide Agent Orange, which continues to cause birth defects and many health problems in the Vietnamese population. In the southern and central areas affected most by the chemical's use during the Vietnam War, nearly 4.8 million Vietnamese ...
Vietnam, a one-party Communist state, has been one of south-east Asia's fastest-growing economies. It has been a unified country since 1975, when the armed forces of the Communist north seized the ...
They worked about six times harder than a GI in World War II. 244 Days of combat versus 40 days of combat,” Wawro said. Wawro is a distinguished research professor and the Director of Military ...
Manufacturing in Vietnam after reunification followed a pattern that was initially the reverse of the record in agriculture; it showed recovery from a depressed base in the early postwar years. However, this recovery stopped in the late 1970s as the war in Cambodia and the threat from China caused the government to redirect food, finance, and ...
Vietnam has argued to be freed of the non-market label because of recent economic reforms, saying retaining the moniker is bad for increasingly close two-way ties that Washington sees as a ...
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]