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Vietnam economy prospers in peace

Business booming 30 years after 'The American War'

Friday, April 29, 2005 Posted: 9:19 AM EDT (1319 GMT)

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A woman passes a billboard in Ho Chi Minh City celebrating the 30th anniversary of the war's end.
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HO CHI MINH CITY, Vietnam (Reuters) -- Thirty years ago Vietnam's communists won a war over the United States and its allies that reunified the country.

On the 30th anniversary of the end of what Vietnamese call "The American War," its leader can now claim -- almost -- that they have also won the peace.

Coffee plantations cover the scene of epic battles like Khe Sanh; abandoned American tanks that for decades stood on beaches as reminders of the war have disappeared and been replaced by the laid back sunbeds of five-star seaside resorts.

Vietnam is the world's biggest exporter of the instant coffee the world drinks; it is the world's third biggest rice exporter and a net exporter of oil.

Property prices in its biggest metropolis Ho Chi Minh City, known as Saigon in the French and American eras, as well as the capital Hanoi, are soaring to levels of European capitals.

On the weekend, work started on building the country's tallest building, a nearly 90 storey structure.

War has receded

In the year ahead, loom landmarks that if achieved would end any final debate about Vietnam's place in the world -- a possible historic visit this June to the White House by a Vietnamese leader; possible entry into the World Trade Organization opening global markets to its goods by the end of this year; hosting of a summit next year in Hanoi of APEC, a group including the United States and wartime allies like Australia and South Korea.

On my previous visits to Vietnam in 1985, 1995 and 2000, the war always seemed somehow still present.

Not anymore.

The billboards on highways and cities advertise new businesses, projects and luxury goods, not the achievements and slogans of wartime.

Traveling throughout Vietnam these past two weeks I barely saw a soldier or gun unless behind walls of a military installation.

Markets in the smallest village to the biggest towns were bursting with food as though the rice rationing of the years immediately after the war had happened in an ancient time when all the world was hungry.

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Vietnamese scale the wall of the U.S. Embassy in Saigon just before the war ended in 1975.

Foreign tourists are everywhere -- on the beaches, in the villages in the cafes and bars. There also casinos and although communist authorities have done away with many of the ills of society, the massage, just as in the war years still reigns supreme.

From the end of April, tourists from Sweden, Norway, Denmark and Finland join Japanese, another nation that occupied Vietnam in World War two, in enjoying visa-free travel to Vietnam.

The notorious Ho Chi Minh Trail, down which the communists poured the troops and supplies that won the war, is now a paved highway not a hidden jungle path.

But it is a route that can still be deadly. The day after I drove on it, 32 war veterans who had survived B-52 bombings when they were last there, died in a bus crash in a tragic prelude to April 30's anniversary celebrations.

So is Vietnam still a secretive communist state then?

Perhaps communist-ruled is a better description because every Vietnamese I met had a scheme to get rich quick and was willing to talk.

There still remains a bloated bureaucracy, a tangle of outdated business rules and other regulations that need sweeping away before Vietnam can truly declare itself an open society.

The media remains tightly controlled and for a foreign journalist on a visit, endless permission is required for travel and interviews making me wish that maybe I should have come just as one of the tourists who seem to wander more freely.

American and European diplomats say Vietnam still has much to do on freedom of expression, freedom of religion and transparency in all fields.

But farmers own their land; fishermen own their boats; three bedroom townhouses that would not be out of place in a European city are snapped up for nearly half a million dollars almost the instant they come on the market.

Daily flights to Singapore, Bangkok and other nearby Asian destination are full, not with party officials or even business people, but down to earth Vietnamese shoppers.

The Vietnamese Army is entering the mobile phone market and has a Web site advertising its many other business interests like construction, not its weapons systems.

Golf courses seem to be springing up everywhere including possibly near My Lai, site of the war's worst atrocity.

A Vietnamese boat refugee who fled the country when he was aged 15 to Australia has returned to introduce thoroughbred horse racing for the first time.

During Saturday's anniversary, perhaps a sign on a store in Ho Chi Minh City sums up how the old and the new, the communist and the capitalist come together

"Thirty percent off all clothes on April 30," the store advertises.



Copyright 2005 Reuters. All rights reserved.This material may not be published, broadcast, rewritten, or redistributed.

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