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.
1963 in the Vietnam War that the U.S. could thus "withdraw with honor satisfied" and that the unification of North and South Vietnam would be accomplished only gradually. Lt. Col. John Paul Vann departed Vietnam for an assignment in the United States. Vann met with and briefed many officers at the Pentagon about the military situation in Vietnam. He was invited to brief the Joint Chiefs of Staff (JCS) on July 8. However, his briefing was cancelled at the last minute, apparently by the Chairman of the Joint Chiefs of Staff General Maxwell Taylor. Vann's proposed briefing to the JCS was at odds with what