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Vietnam

Vietnam’s Economy in Transition
Background
Vietnam is known as the Socialist Republic of Vietnam. Vietnam is a country located in southeastern Asia that is still in transition in gaining economic growth from the Communist takeover in 1954 under the ruling of Ho Chi Minh. France conquered Vietnam and made it become part of the French Indochina in 1887. Although Vietnam declared independence after World War II, France continued to rule until the Communist forced power over them. Vietnam was divided into North and South. The North consisted of the Communist while the South consisted of the anti-Communist under the Geneva Accords of 1954. In order to bolster the government, the United States gave military and economic aid to South Vietnam to fight off the Communist North but had to withdraw in a cease-fire agreement in 1973. Consequently, the Communist North forced coerced the Anti-Communist South to reunite the country under the conservative leadership policies which......


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Approximate Word Count: 1244
Approximate Pages: 5 (250 words per double-spaced page)

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