Well for all the fans sick of seeing Thailand, here you go! Let’s get to a different SE Asian country, Vietnam. What does it cost and what is it like to live in Vietnam? Can a category 1 RIPper (Retiree In Paradise) live well in Vietnam? Well I am off to find out. We will see what the upsides and downsides are to living in a Communist country. This video is a little intro and some comments.
For those not up to speed on Vietnam here is a little history and info. Its real name is the Socialist Republic of Vietnam and their motto is, “Independence – Freedom – Happiness”. Vietnam is a socialist one party state with a population of about 92 million people.
Vietnam is bordered by China to the north, Laos to the northwest and Cambodia to the southwest.
Vietnam was part of Imperial China for over a millennium and the Indochina Peninsula was colonized by the French in the mid-19th century.
Vietnam had Japanese occupation in the 1940s, the Vietnamese fought French rule in the First Indochina War, eventually expelling the French in 1954. Thereafter, Vietnam was divided politically into two rival states, North and South Vietnam. Conflict between the two sides intensified, with heavy intervention from the United States, in what is known as the Vietnam War. The war ended with a North Vietnamese victory in 1975.
Vietnam was then unified under a communist government but remained impoverished and politically isolated. In 1986, the government initiated a series of economic and political reforms which began Vietnam’s path towards integration into the world economy and as a result free enterprise is in full effect!
Posted In: HCMC Saigon, JC's Road Trip, Vietnam
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