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Vietnam

Vietnam’s trial

Vietnam has emerged as a sought-after partner, strategically positioned between two giants ~ China and the United States.

Bengal in Vietnam

Ho Chi Minh died in 1969 as President of Democratic Republic of Vietnam (North Vietnam). He did not live to see the re-unification of Vietnam. North Vietnamese forces along with Vietcong guerrillas prevailed over the south six years after Ho‘s death. The Central Executive Committee of the Communist Party of Vietnam in December 1976 thanked the communist parties and the working class of the countries in the world for their whole-hearted support and strong encouragement to the patriotic resistance by the people of Vietnam against the US for national salvation.

Vietnam’s woes

Vietnam’s GDP growth of 3.3 per cent in the first three months of 2023 has taken economists by surprise. The figure is far below forecasts and marks a reversal for what was till recently Asia’s fastest-growing economy. While a drop in exports weighed on growth, a simultaneous dip in imports, which are used mainly to make products for export, indicates producers are not optimistic about a nearterm recovery.