Strategy of Tissot Analysis

Three quarters of Vietnam is made up of mountains and hills, and densely forested highlands, with level land covering no more than 20 percent of the area.(Vietnam) Vietnam is an “S” shaped country stretching over 1,000 miles. It is divided into four geographic regions the highlands and the Red River Delta in the north, the Truong Son Mountains form the Central Highlands running almost the full length of Vietnam along its borders with Laos and Cambodia, the coastal lowlands, and the Mekong River Delta in the south.(Vietnam) The geographical aspects of Vietnam allowed for physical and mental exhaustion, fear of location, and fear of safety in the The Things They Carried .

Production was nonexistent. Northern industries and infrastructures were systematically ravaged by the military might of the United States. The South fared little better. Viet Cong attacks disrupted significant economic activity. The fall of Saigon ended this murderous conflict in 1975. The country was united again under communist economic tutelage. This correlated to huge drain of human capital. By 1982, close to 1 million people fled the country; among them tens of thousands of professional, intellectual, technicians, and skilled workers. The next decade (1976 - 1986) saw the economy of Vietnam plodding along under the weight of central planning. The Vietnamese economy has been plagued by enormous production difficulties, supply and demand imbalances, inefficiencies in distribution, soaring inflation rates, rising debt problems, excessive governmental corruption and illegal asset confiscations by authorities. Vietnam is one of the few countries in modern history to experience a sharp economic deterioration in a postwar reconstruction period. Its postwar economy was one of the poorest in the world and has shown a negative growth in total national output as well as in agricultural and industrial production. Cracks began to appear in the facade of the communist command economy. In 1982, a compromise was reached. Excess food production was allowed to be sold at markets or sold to the State for profit. Free enterprise was sanctioned and small export firms were established to try to sell on the export markets. Planning started to unravel from the rigid communist system and decentralization was allowed to flourish. This activity culminated with the Doi Moi reforms to economic activity. Doi Moi (Vietnamese Perestroika) combined free market incentives (profit!) with government planning. The program abolished agricultural

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

The economy is known as a new emerging economy especially after entering WTO in 2007. The Foreign Direct Investment (FDI) has increase considerably and the GDP is over 8% in the period of three years (2005-2007). Nonetheless, it is clear that the economic instability occurs after WTO accession of Vietnam 1 year. Consequently, the economy has suffered surging inflation as well as trade and fiscal deficit. (Figure 1)

population. “The median age of Hmong in 2009 ACS was 20.5 years, much younger than the 36.8 median age of the entire United States population” (Pfeifer, Chiu, and Yang, p.56, 2013). The young age speaks loudly about why the Hmong have been slow to advance economically. Based on the average median household income the Hmong earned about $5,000 less than the average U.S. income. This estimated figure is up from the 1990 and 2000 Census which indicates that the Hmong are moving upward in terms of income, but still besieged by poverty in many households. (Pfeifer, Chiu, and Yang, p.60, 2013) “The 2009 ACS estimated Hmong poverty rate was 26.9 percent compared to 10.5 percent among all U.S. families. The poverty rate has notably decreased from 38 percent in the 2000 Census” (Pfeifer, Chiu, and Yang, p.60,

“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!

"GDP growth increased and peaked at 7-3% of GDP in 1966."(Institute for economics and peace2) Vietnam helped the American economy in a time that was rough, few people agreed with the deployment of troops to Vietnam, but it still boosted the economy. Any country needs the GDP to increase in order for the country to remain stable and wars are a good way for countries to help their economy. Without war the way the world economy works would be very different and there would be another way to boost the economy. When a war starts the country sees a growth in jobs and the country starts producing ammunition and other things necessary for a war, Vietnam needed ammunition and guns which lead to an increase in weapon manufacturing jobs and brought up the economy. Vietnam may not have been as beneficial to the economy, but it still helped America to become the power that it is

This dramatic change which occurred in less than 25 years is all due to the conflict theory. Without the Battle of Bach Dang it is possible that Vietnam could still be under Chinese rule and the people would continue to be exploited.

The war during the period of 1954 through 1975 crippled the economy of Vietnam, suffering over 1.5 million military and civilian deaths, the country also suffered from the mass exodus of refugees leaving which included business professionals, virtually no economic growth in Vietnam due to many reasons. Among them was their economy was dominated by small scale production, low labor force, material and technical shortfalls as well as insufficient food and consumer goods. By 1986 however, Vietnam had launched new political and economic renewal campaigns which were helped this small country go from a centrally planned economy and move into market socialism. By the 1990 the

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

Vietnam is a densely populated economy that has been transforming from the rigidness of a centrally planned economy since 1986. In 2007 they joined the WTO, which has prompted more export driven industries. In 2010 Vietnam became an official

Before granting independence, Vietnam economy was going down rapidly due to the war with American that destroyed the Vietnam economy completely. Moreover, this country was being led by the Conservative Party which was unchangeable and not able to lead the country. Instead of trading with foreign countries, they closed market. However, after national liberation, the Conservative Party was removed, and new prime minister was chosen. The economy of Vietnam was opened, and it took big steps to thrive as now. Especially the globalization, since Vietnam joined the World Trade Organization, the globalization has made a huge change to Vietnam economy. It attracted a lot of foreign investments, solved numerous financial issues, and motivated domestic

Indochina, modernly known as the Socialist Republic of Vietnam is located on the border of the eastern Indochinese peninsula and it occupies, according to the online encyclopedia (encyclopedia.com), about 331,000 kilometers squared, where in 1987, 25% of that land was under cultivation. Vietnam is bordered by the South China Sea, the Gulf of Thailand, and Gulf of Tonkin; and it is alongside China, Laos, and Cambodia. Hanoi, Vietnam’s capital since the nation’s reunification, is located in the northeast; and Vietnam’s largest city, Ho Chi Minh City, also known as Saigon, is located in the southeast of Vietnam. However, before becoming independent from Imperial China in 938 AD, Vietnam’s capital was “Đại La”, where it was located in

After this fortunate door-opener, Vietnam was known as one of the most rapid- growing economies worldwide.

Vietnamese cuisine can be very diverse due its geography and climate. There is no accurate average temperature for the whole country. The Vietnamese national culture emerged from a concrete living environment: a tropical country with many rivers and the confluence of great cultures (Vietnam Country). Vietnam is a long, narrow country in Southeast of Asia that borders south China, east of Laos and Cambodia. Vietnam is practically the size of Italy and Japan put together; and is divided into three regions: north, central, and south.