Philippines and Vietnam Economy

What pull factors help people make the decision on where to go after leaving their home country? Pull factors also play a big role in human migration. One of the biggest pull factors out of all of them is the chance of freedom and a healthy life. In Vietnam a man named Thanh Tran had fled his home, Vietnam, after the country being wartorn. He was the youngest of 12 children but 7 of his siblings had been taken from him because of war. On March 28, 1975, Communists had invaded Da Nang, went to his home, asked his name, blindfolded him, and handcuffed him. He was taken to where soldiers had been killed prior. Fortunately nothing had ever happened to them. Communists did this to avoid riots because of their victory. When they released him they

A common modern belief is that war leads to a positive outcome within the United States economy. Despite this, the Vietnam War had a negative impact on the United States economy. The United States experienced an increase in the national debt as a result of the Vietnam War. This led to significant inflation in the United States. Inflation in the US caused by the Vietnam War then led to an increase in federal taxes in the United States. Therefore, the Vietnam War had many negative economic consequences for the United States including an increase in national debt, inflation, and federal taxes.

The one thing I found to be interesting in this weeks reading is how the Vietnam War affected the American economy. The war diverted money from domestic programs and was an end to Johnson’s Great Society. It contributed to the ongoing economic crisis. It is interesting that after the work put into the Great Society, yet the Vietnam War was the sounding bell for its death. An increasingly unfavorable balance of trade, related in part to spending for the war abroad, contributed to an international monetary crisis leading to Nixon having to deal with the economic problems of the war. This is related to the Great Society reforms that helped to provide some equality. It did not achieve any success during 1960 – 1974; it, in fact, caused the programs

The Vietnam War was an important event that was considered to be devastated and unforgettable. The Vietnam War a war that was fought between the North Vietnamese and South Vietnamese. The North Vietnamese was supported by the Soviet Union because they both were Communist. The South Vietnamese were supported by the United States because South Vietnam was against Communism. The Vietnam War would cause the death of 60,000 American and two million Vietnamese. The North Vietnamese would eventually suppress the United States and gain control over South Vietnam. This would surprise the world because a small weak and unstable country was able to overcome the United States. The United States would suffer its first eventful lost. The Vietnam War will be known as an historic war that would affect Vietnam’s and America’s economy.

The United States had entered the contention in Vietnam as the world's superpower following its conclusive triumph over the Pivot controls in World War II, yet left Vietnam with an embarrassing annihilation, shockingly high losses, American open strongly partitioned and its pioneers dubious of what lay ahead in remote strategy. The country's longest and most incapacitating war – the main war the U.S. ever lost, had broad results and effect on most parts of American life from the economy, culture to local legislative issues and remote arrangement – some of which keep on doing so today.

To justify the case for the annexation of the Philippines, we must first look at a snapshot of the Philippine archipelago to understand the advantages the islands provided the United States. The Philippines was a vast chain consisting of over 7,000 islands, with 74 provinces, 43 different ethnic groups, and 87 different spoken languages. The population around 1899

After the conquest of South Vietnam in April 1975, the Communist and National Liberation Front (NLF) organizations in the South were either dissolved or integrated. General elections to the National Assembly was held on April 25, 1976 and in its first session, a national government replacing the Provisional Revolution Government (PRG) and the Democratic Republic of Vietnam (DRV) was announced and the country renamed the Socialist Republic of Vietnam (SRV). Hanoi became the capital, and Saigon was renamed Ho Chi Minh City. The National Assembly elected the president, vice president, and a Council of Ministers headed by the prime minister. There were no separation of powers between the legislature, executive, and the judicial branches of the government.

Philippines is an archipelago located in Southeast Asia near the equator. The Philippine archipelago consists of 7,107 islands divided into three major groups of islands which is Luzon, Visayas and Mindanao. As of 2016 the Philippine population is estimated to about 102,624,209 (World Fact Book). The Philippine nationality is termed Filipino and its population is made up of various ethnic groups. The national language is called Tagalog, it also the name of the major ethnic group of the country. According to Philippine Statistic Authority the population of urban area accounts for 45.3% of the country’s total population (Urban-Rural Classification). In contrast, the population in rural area is comprised of 54.7% and considered to be the majority population of the entire country. The Philippine climate is predominantly tropical marine where wet season occurs from November to April and is caused by the northeast monsoon. Similarly, the second set of rainy season, is caused by the southwest monsoon during May to October (World Fact Book). Additionally, the Philippine economy has been relatively resilient to global economic struggles because the country is less exposed to troubled international securities. The lower dependence on exports is what makes the country relatively resilient, relying only domestic products, as well as large remittances from millions of migrant and overseas Filipino workers (World Fact Book). The existing account balance has

Another is that Filipinos have a culture of apathy and tend to use religion incorrectly and passively. People depend on religion and settle for what’s okay. In addition, the initial reaction of Filipinos to change is resistance, and this is why the country does not necessarily progress, or at least, progress at a continuous rate. Then, countries like Spain and Portugal only rode the “economic tiger” after “they realized that the only way to survive was change” (3.Y). Plus, according to another critic, the Philippines already had the experience of being under the parliamentary system during the time of Marcos which only resulted in a People Power Revolution. So why should the country bother going back to that? (4.Y)

 299.735 km²  Capital: Manila  92.337.852 inhabitants  45,2% living below US$2 a day (2006)

Vietnam is world’s 13th most populous country, majorly consisting of Viet and Kinh ethnic groups. Vietnam has Vietnamese as official language and some other languages exist in minority groups. Vietnam adopted “seclusion” policy which made the country isolated and faced a deep crisis which led them on brink of bankruptcy. After 1995, started globalizing and established relation with United States and Vietnam also became member of WTO in 2006. There are many aspects that helped Vietnam to grow faster. PESTLE (Political, Economic, Social, Technical, Legal and Environmental) analysis helps in analyzing overall business opportunities and ease of doing business in country. Vietnam PESTLE analysis is as follows:-

The Philippines, is a group of islands in Southeast Asia, sitting in the western Pacific Ocean. It is known as the Republic of the Philippines, and consists of seven thousand, one hundred, and seven islands, that are geographically split into three main divisions, Luzon, Visayas, and Mindanao. The capital is Manila, referred to as the Paris of Asia, and the most populated is Quezon City, which are both part of Metro Manila. The Philippines has a population of close to one hundred,

It has three major island groups which are the Luzon, the largest island and where the capital is located; Visayan, and Mindanao. Eleven islands make up 94 percent of the Philippine landmass, and two of these--Luzon and Mindanao--measure 105,000 and 95,000 square kilometers, respectively. They, together with the cluster of the Visayan Islands that separate them, represent the three principal regions of the archipelago (many scattered islands in a large body of water) that are identified by the three stars on the Philippine flag.

Filipinos love to eat and for this reason, many entrepreneurs in the Philippines ventures into food and beverage service business. Filipinos wants food, beverage and cooking choices to be fast, easy and convenient. They are also now choosing a healthier

The Philippine were discovered in 1521 by the Spanish. It's the third largest nation that speaks English in the world. The country is divided into three main areas: Luzon, Visayas, and Mindanao. It has 17 regions, 122 cities, and 42,025 barangays. The Philippines were colonized by three countries Spain, America, and Japan. America colonized the Philippines, because they wanted to become an empire, and to expand more. They wanted to expand to have more lands, power, resources, more production, and especially more money. Also the USA didn't want lose the Philippines island to Japan or Germany.