South Vietnam

South Vietnam, officially the Republic of Vietnam (RVN), {{ll|Vietnamese}} Việt Nam Cộng Hòa from 1955, was a country that existed from 1954 to 1975 in the territory of Vietnam that lay south of the Demilitarized Zone while North Vietnam was situated to the north of the DMZ. The partition was made during the Geneva Conference (1954), after the Viet Minh fought successfully to end almost 100 years of French colonialism. The Republic was proclaimed in Saigon by Ngo Dinh Diem on October 22, 1955, after the Emperor Bao Dai was deposed.

Economy

Vietnam’s economy evolved under the burden of military actions and political issues. In 1954, the nations of North Vietnam and South Vietnam had developed their own economic structure, reflecting different economic systems with different resources and trading partners. South Vietnam maintained a free-market economy as well established the first Airlines under Chief of State Emperor Bao Dai named Air Vietnam. The reunification of Vietnam in 1976, led to the introduction of North Vietnam’s centrally planned economy into the South.

Related Topics:
Bao Dai - Air Vietnam - 1976

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