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The conquest of Vietnam by France began in 1858 and was completed by
1884. It became part of French Indochina in 1887. Vietnam declared
independence after World War II, but France continued to rule until its
1954 defeat by Communist forces under Ho Chi MINH. Under the Geneva
Accords of 1954, Vietnam was divided into the Communist North and
anti-Communist South. US economic and military aid to South Vietnam grew
through the 1960s in an attempt to bolster the government, but US armed
forces were withdrawn following a cease-fire agreement in 1973. Two
years later, North Vietnamese forces overran the South reuniting the
country under Communist rule. Despite the return of peace, for over a
decade the country experienced little economic growth because of
conservative leadership policies, the persecution and mass exodus of
individuals - many of them successful South Vietnamese merchants - and
growing international isolation. However, since the enactment of
Vietnam's "doi moi" (renovation) policy in 1986, Vietnamese
authorities have committed to increased economic liberalization and
enacted structural reforms needed to modernize the economy and to
produce more competitive, export-driven industries. The country
continues to experience small-scale protests from various groups, the
vast majority connected to land-use issues and the lack of equitable
mechanisms for resolving disputes. Various ethnic minorities, such as
the Montagnards of the Central Highlands and the Khmer Krom in the
southern delta region, have also held protests.
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