Long Run Growth Of Viet Nam

The economic grew slowly under the government’s planned economy system. In 1986, the government launched its “socialist-oriented market economy program (Doi Moi), which supported the creation of privately owned enterprises and foreign investment. The economy grew at an annual of 7 percent and poverty was reduced by 50 percent. Since 2001, Vietnam has had one of world’s fastest growing economies. Vietnam has signed a free trade agreement with the European Union and when the deal takes effect next year, tariffs will be eliminated on 90 of European goods entering Vietnam, which will make the country a distribution hub, according to Phil Hogan, the EU’s commissioner for Agriculture and Rural Development. This will create for more jobs for the Vietnamese working class and continue to spur economic

For centuries Vietnam had been under Chinese rule. The Vietnamese people were an oppressed society and were exploited by the Chinese. Forced labour was brought upon the Vietnamese people, and there were many tyrannical Chinese governers along with constant demands of tribute for the Chinese rulers. There had been many revolts by

Both the Tang and Song Dynasties had very successful economies. The Silk Roads were reopened and restored during the Tang Dynasty. These were essential trade routes that opened a network of

“Colonial officials and French companies transformed Vietnam’s thriving subsistence economy into a proto-capitalist system, based on land ownership,

The Tang dynasty used a system of equal land allotment to the male population. Tang’s greatest source of income was tax on allotments. Periodic military service was required from all males. This was the basis of Tang’s military. Tang’s political system included comprehensive administration, an official system, a strict legal system, and an equitable imperial examination system. The economy reached an advanced level. Series of reforms were implemented; Juntian Zhi (Land Equalization System), Zuyongdiao System (peasant’s burden was lessened and production efficiency was improved. Farm tools and agriculture technique was improved, and many of the irrigation works were completed). Commercial cites were opened during the Tang dynasty, Lanzhou, Chengdu, Guilin, Hangzhou, Chang’an (currently Xian), and Luoyang (the auxiliary capital). The opening of the Silk Road introduced foreign merchants and ambassadors promoted marine trade. The economy was seriously damaged after the AnShi rebellion. The Juntian Zhi and Zuyongdiao systems were destroyed. This brought about the Double Tax System. This system imposed tax according to wealth and helped resume fiscal revenue. It was also a good example for later tax reforms.

Irrigation system was improved during Ming dynasty. For example, many canals were built so to help and easify agricultural work. Developing a better environment for farming resulted in increase of farm harvest and reap healthier crops. The increase of the amount of reaping crops leaded to increase in population in Ming society. It becomes one of the base and starting steps for bringing Mind dynasty’s prosperity. The population grew from 45 million to 150 million from 1400 to 1600.

Manufacturing was also a very important part of the Tang Dynasty. Manufacturing was done in both state owned and privately owned workshops. Mostly located in larger cities, crafts such as brocade weaving, papermaking, iron smelting, casting, pottery were done. The textile industry prospered. The silk products from Songzhou and Bozhou were most famous for their high quality. Marked improvements were introduced in the manufacture of pottery and porcelain. The porcelain from the Xingzhou kiln was particularly noted for its quality and described as 'white as silver and snow'.

Vietnam was a French colony dating back to mid 1800s. Vietnam was meant as a farming colony where they would grow things such as tobacco, tea, and coffee. The French treated their colony poorly by denying civil

The global financial crisis has affected severely on Vietnamese exports. After joining the WTO, Vietnam’s trade has become depend on global

A golden age is a specific time where peace, happiness and prosperity flourishes within a civilization. In China. This period was known as the Song Dynasty, which lasted from (920-1279). China’s Golden Age was followed by the Yuan Dynasty, which dated from the years (1271-1368). During this period the Song Dynasty was exciting to people. Agriculture flourished leading to the inventions of the moveable typewriter and magnetic compass, paper money, and even gunpowder. The Song Dynasty led to China’s most significant achievement, Neo-Confucianism. Despite the influential importance art and creativity had on the Chinese people, it did not perform as much of an important, helpful part to the Chinese people as Agriculture and Neo-Confucianism did.

Vietnam has a very rich history that often goes unnoticed and unaccounted for, this is most likely due to the war being such a big landmark in the history of Vietnam. Before the war many events transpired that would eventually lead up to the war. In the late 19th century Vietnam was considered to be a French colony. The French built their own standing infrastructure, they began to build railways and roads and bridges. All of this building meant heavy taxation on the Vietnamese. This was all good and progressive for vietnam however “Naturally the Vietnamese wanted independence.” (http://www.localhistories.org/viethist.html) From there Ho Chi Minh founded a revolution and within 20 years Vietnam came under Ho Chi Minh rule.

“The Communist Party of Vietnam [CPV], became the ruling party, in the northern part of Vietnam, after defeating the French, at Dien Bien Phu, in 1954 and across the nation, since 1976, following the collapse of the American-backed southern regime. The next decade saw the CPV’s rationalist installation of a Stalinist-style centrally planned economy” (Nguyen, 2016, p. 33). The social structure of Vietnam based on total control, Nguyen’s family like many others found it impossible to adjust to the tyranny imposed by the Communist regime, therefore, they fled Vietnam!

After the Vietnam War, North Vietnam was able to take over South Vietnam because the United States pull their troops out of South Vietnam. This would allow Vietnam to be reunited, it also allows Vietnam to rebuild the country. Rebuilding Vietnam was not an easy task. In the southern part of Vietnam many citizens were still under the influence of Democracy. This political idea would make the South Vietnamese citizens mainly anti-communist which would intervene with the governments orders. This situation would harder for the Vietnamese government. The Vietnamese government needed all of their citizens’ full cooperation to help fix the damages that was done during the Vietnam War. Eventually the whole country would work together to rebuild the

Vietnam resembles the shape of a seahorse that stretches southeast into the Pacific Ocean; Vietnam is known as to as the “balcony of the Pacific.” By way of its water transportation links that were developed prior to rail and road networks, Vietnamese migration pressed southward (Nam Tien) along the coast. (Taus-Bolstad, 2006) Distinct regions meant that trade was more than a means to establish national unity within a dispersed settler society. (Taus-Bolstad, 2006) A geographical division of resources meant the North controlled most of the raw materials while the South served as the breadbasket. (Taus-Bolstad, 2006) The two-decade partition during the Cold War forced both the Democratic Republic of Vietnam (DRVN) in the North and the Republic of Vietnam (RVN) in the South to rely on outside sources of assistance. This continued after reunification in 1975 until the effects from the market reforms (doi moi), which were implemented in 1986, spread throughout the economy. Vietnam’s capital Hanoi distinguished its millennium anniversary in 2010, making it one of the oldest capitals in Southeast Asia. (Staff, 2009) It grew into the capital of Vietnam under the first emperor of the Ly Dynasty (1009–1225) who named it Thang Long (Rising Dragon). The city went several other name changes before finally becoming Hanoi, “the city amid waters,” owing to its location on the Red River Delta. In the 19th century when the country unified under the Nguyen Dynasty, the capital moved from