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.
Vietnam Presidential Unit Citation (e.g. U.S. Navy, Marine Corps, Coast Guard, Air Force) with their other service ribbons. State of Vietnam Friendship Ribbon: Vietnam Presidential Unit Citation The Vietnam Presidential Unit Citation was a military unit award established by the State of Vietnam (1949-1955) as the State of Vietnam Friendship Ribbon on August 15, 1950. The Vietnam Presidential Unit Citation is considered obsolete since the Republic of Vietnam (South Vietnam) (1955-1975) no longer exists. The State of Vietnam Friendship Ribbon (aka State of Vietnam Ribbon of Friendship, Vietnam Presidential Unit Citation, and Republic of Vietnam Presidential Unit Citation) with gold frame, was awarded to