Vietnam and the International Monetary Fund the "import substituting and non-tradable" sectors like construction and telecommunication as opposed to investment in exportable goods and services. In 2001, Vietnam sent a letter of intent to the IMF to receive a loan to fund the Poverty Reductions and Growth Funds arrangement. In order to create a greater macroeconomic stability for Vietnam they would rely on the monetary policy while under shock scenarios as it has proven to lift off interest rates. According to IMF records, Vietnam is still paying that loan and continues their membership with the IMF. Since 2012, the Vietnamese dong closely tied to the U.S.
1961 in the Vietnam War The NSAM also called for South Vietnam to improve its military establishment and mobilize its resources to prosecute the war. Thus, Kennedy stopped short of what many of his advisers, including General Taylor, had advised: the introduction of U.S. combat soldiers into South Vietnam. Kennedy's decision not to introduce combat troops surprised the Defense Department which had been assembling forces to be assigned to Vietnam, including Farm Gate aircraft. However, Kennedy's decision was a visible and undeniable violation of the Geneva Accords of 1954, still technically in force. President Kennedy approved the use of herbicides in Viet Nam to kill