This website uses cookies to ensure you have the best experience. Learn more

Globalization Of Vietnam Essay

2030 words - 8 pages

The victory of communist forces in Vietnam in April 1975 ranks as one of the most politically significant occurrences of the post-World War II era in Asia. The achievement was even more phenomenal for having been accomplished in the face of determined United States opposition and for having called into question the very policy of containing communism. This occurrence marks a turning period not only in political but also economic facets of Vietnam. Although the communist government in Vietnam attempted to gain an isolationalist approach to economics, it has continually veered towards an economically integrated market on the global stage.The events of April 1975 prepared the way for the official reunification of North and South in 1976, some three decades after Ho Chi Minh first proclaimed Vietnam's independence under one government in September 1945 and more than a century after France divided Vietnam in order to rule its regions separately. Reunification was the long-established objectives of Ho Chi Minh's nationalist and anticolonialist predecessors, who had resisted Chinese rule for 1,000 years and French domination for a century. Indeed, Vietnam's unrelenting resistance to foreign intervention remains a dominant Vietnamese historical theme, visible in the repeated waging of dau tranh, or struggle to gain a long-term objective through total effort and motivated by chinh nghia, or just cause. Vietnam's communist leaders claim that every Vietnamese has been a soldier in this struggle. Ironically, Vietnam's fierce determination to remain free of foreign domination has often been combined with an equally strong willingness to accept foreign influence. Historically, the pattern has been to adopt foreign ideas to indigenous conditions whenever they applied. Therefore setting the stage for global efforts in balancing a country between public and private control over its economy.In the 1980s, Vietnam ranked third in population--60 million- -and first in population density--an average of 182 persons per square kilometer--among the world's communist nations (internet source). A two percent annual population growth rate and uneven population distribution adversely affected resource allocation, work force composition, and land use (internet source). Population projections indicated a population of 80 million by the year 2000, if the growth rate remained unchanged. The Fourth National Party Congress in December 1976 stressed the need to curtail the population growth rate and introduced a plan to relocate 54 million people to 1 million hectares of previously uncultivated land, now organized into "new economic zones," by the mid-1990s (internet source). As of 1988, however, progress toward the plan's fulfillment was considerably behind schedule (internet source).Economic development prospects in Vietnam for the 1980s and 1990s were tied to party economic policy in critical ways. Party leaders, in establishing economic policy at the Fourth National Party...

Find Another Essay On Globalization of Vietnam

The Challenge of Globalization & The Greater Good

1172 words - 5 pages to answer as globalization is a 2 - sided issue. I agree with Gidden and my point of view is globalization is promoting the general good by reforming our economy and cultures which makes our living better.Globalization offers a higher standard of living for the people. According to Johan Noberg(1993), he stated that a Vietnamese woman got a job in Nike's factory which is located in Vietnam. Therefore she got well paid than before and could

Globalization essay

1314 words - 6 pages story began with an anti-globalization protests, the demonstrators felt that large enterprise, globalization, the IMF and the WTO are villains, mercilessly destroy the dignity and livelihoods of the workers around world. Recall back to 1999, one young female demonstrator asked “Who made your shirt?...Was it a child in Vietnam, chained to a sewing machine without food or water...she is forced to work 90 hours each week, without overtime pay?” This

IFRS Adoption

2075 words - 9 pages accounting system development in the theoretic framework of globalization. The following part focuses on weighing the benefits and challenges of IFRS adoption in Vietnam. Vietnam economic reform referred as “Doi Moi” launched in 1986 have transformed Vietnam from a “Soviet-style planned economy” to a “socialist-oriented market economy” and created a development success story (world bank, 2011). Macro-economic stabilization, the restructuring of

FInancial and Banking Systems

1237 words - 5 pages institutions (banks) in Vietnam is 45 branches. • Capital mobilized through the banking sector was around 1,800 trillion VND () during 1995-2010 period. • Present inflation rate of the VND is about 6.8%. • One stock exchange, established in July 2000 in Ho Chi Minh City. • Bibliography Leung, S., Bingham, B. and Davies, M. (2010). Globalization and development in the Mekong economies. 1st ed. Cheltenham, UK: Edward Elgar. McCargo,D. (2004

Negative Effects of Globalization

1142 words - 5 pages firms chose the outsourcing strategy by following the world’s lowest cost supplies like the Philippines, Seri Lanka, and Vietnam. Globalization has created an immense pressure on the European employees who are always under the threat of the business being outsourced. Tim Harcourt stated,“Some workers in industrial countries fear that increased trade is bad news for their jobs” (38). Are these powerful international organization aware of what they

Globalization and the Business World

1739 words - 7 pages Who could have imagined that a person in Lebanon would be able to watch a soccer game played in Europe, live, with perfect image and sound? Our world, as we know it today, has become like a small village where physical, cultural, and economical barriers have become more or less inexistent. This is due to a phenomenon called Globalization. Globalization is defined as "the result of advances in communication, transportation, and information

Globalization: A Force For Good in Our World

912 words - 4 pages , colloquially called, Globalization (Friedman 219). Critics of Globalization, such as Barbara Ehrenreich and Annette Fuentes, vehemently attack it is the primary advancer of women and child exploitation and money-thirsty-do-whatever- it-takes-to-make-profit multinational corporations (206-13). Others argue that is attributable to massive global financial meltdowns and turmoil. With all this, I must say, Globalization looks worse than the devil


4816 words - 19 pages DefinitionGlobalize :to extend to other or all parts of the globe; make worldwide: efforts to globalize the industry.Before we begin what globalization is , it is obvious that the definition of globalization is to extend all the possible opportunities , scopes and application to the world at large. It is a good idea in the present trend of a borderless world and which is accessible at a click of the computer.Well, is globalization a process that


888 words - 4 pages in the North America. Despite I purchased those clothes in the U.S, according to the chart, it is easy to observe that six items were made in China, and two made in Vietnam. This fact reflects that China and Vietnam became significant signs of manufacturing in the world. In addition, the larger percentage of "made in China or Vietnam" and the economic globalization cannot be separated. The United States became the superpower in the world after

Effects of Agent Orange During the Vietnam War

1068 words - 4 pages . 29 Oct. 2011. . Chossudovsky, Michel. "The effects of Agent orange and its consequences." - Centre for Research on Globalization. N.p., n.d. Web. 1 Nov. 2011. . Committee to Review the Health Effects, in Vietnam Veterans of Exposure to Herbicides. Veterans and Agent Orange: Health Effects of Herbicides

Globalization and the Gender of Women

2272 words - 9 pages equal for all. Because this was certainly not the case in the era of colonialism but also not the case in the structure of Western society. Freedman was very direct and went into great detail supporting her reasons for women needing to create their own ideology. Nothing of the past or present is currently what the feminist movement envisions. But the brides of Vietnam are going against the objective set forth by Freedman. Due to globalization

Similar Essays

The Benefits Of Globalization Essay

894 words - 4 pages opportunities of both developing and developed countries. Freer trade also reduces poverty and increases wealth, making globalization economically sound. For example, when Nike opened a manufacturing plant in Vietnam ten years ago, employees walked to work. Three years later, they rode bicycles, and today they can afford to buy a car, meaning globalization raises living standards everywhere (Larmar.) Nations bring poor countries new machinery

Compare And Contrast The Policies Of The U.S.A And The U.S.S.R Towards Vietnam In The 1960s And 1970s

917 words - 4 pages As the Cold War progressed, the playing field for superpower altercations-by-proxy began to expand well past European boundaries, beginning with Korea in 1950. Vietnam was only one of the prominent (if not tragic) examples of the globalization of what should have been a small-scale confrontation. Instead, both the U.S.A and the U.S.S.R opted to fight out their differences by proxy. In Vietnam, this meant channelling personal hostilities through

Nike Globlize Essay

946 words - 4 pages What does globalization mean to North Vietnam? In “The Noble Feat Of Nike” by Johan Norberg describes how Nike globalization by being a benefit for developing countries such as Vietnam rather than taking advantage. The point Norberg is trying to make is how globalization is more of a positive then a negative for North Vietnam. which I found very interesting to me for this purpose is why I choose to write about it because of the direct

Globalizaton Essay

1248 words - 5 pages opponents. Benefits of globalization are that it creates jobs, generates prosperity, raises standards of living all around the world and much more. When companies do business in other countries more jobs are created. Companies such as Nike, Levis, Coca-cola are constantly building factories in less developed countries, such as Indonesia, Vietnam, Dominican Republic and many more. These factories are providing jobs for thousands of people who would