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The Vietnam War was a result of the national strategy of containment. The national strategy of containment demanded the U.S. stop communist aggression into the countries of Southeast Asia. The experience of massive Chinese Communist intervention in Korea nonetheless created a restraining upper limit on the risks.
After the United States withdrew from the Vietnam War, it experienced many significant changes to its culture. Perhaps the most important consequence that came out the Vietnam War was the overwhelming suspicion and lack of trust that the American public developed for government and authority.
The US justified its military intervention in Vietnam by the domino theory, which stated that if one country fell under the influence of Communism, the surrounding countries would inevitably follow. The aim was to prevent Communist domination of South-East Asia.
President Roosevelt opposed Japanese penetration in Indochina; President Truman resisted communist aggression in Korea; President Eisenhower backed Diem’s efforts to save South Vietnam and undertook to defend Taiwan; President Kennedy stepped up our counterinsurgency effort in Vietnam; and President Johnson, in …
The household poverty rates in Vietnam reduced dramatically from 58% in 1992 to 15.5% in 2008 and 7.6% in 2013 as more than 30 million people were lifted out of poverty. Therefore, Vietnam must start infrastructure development in the uplands and remote areas in the forms of roads, bridges, hospitals and schools.
After 1883, the Nguyễn emperors ruled nominally as heads of state of the French protectorates of Annam and Tonkin until the final months of WWII; they later nominally ruled over the Empire of Vietnam until the Japanese surrender.
The Geneva Accords in 1954 partitioned the country temporarily in two with a promise of democratic elections in 1956 to reunite the country. However, the United States and South Vietnam insisted on United Nations supervision of any election to prevent fraud, which the Soviet Union and North Vietnam refused.
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Main Sectors of Industry Vietnam’s economy is based on large state-owned industries such as textiles, food, furniture, plastics and paper as well as tourism and telecommunications. Agriculture represented 14% of GDP and employs 36% of the total workforce in 2020 (World Bank).
Economy of Vietnam
Statistics | |
---|---|
Main industries | Electronics, machinery, steel, food processing, wood industry, textile, footwear, vehicle, rice, coffee, cashews, seafood, vegetable and tourism |
Ease-of-doing-business rank | 70th (easy, 2020) |
External | |
Exports | $290.4 billion (2018 est.) |
Agriculture
As of 2017, Vietnam is the largest ASEAN supplier to the U.S. with a net export value of US$48.43 billion….Industry Snapshots.
Top Exports | Export Value (2017) |
---|---|
Phones | US $45.1 billion |
Textiles | US $25.9 billion |
Electronic goods/Computers | US $25.9 billion |
Footwear | US $14.6 billion |