Economy of Vietnam
Until the French colonization in the mid-19th century, Vietnam's economy had been mostly agrarian, subsistence-based and village-oriented. French colonizers, however, deliberately developed the regions differently as the French needed raw materials and a market for French manufactured goods, designating the South for agricultural production as it was better suited for agriculture, and the North for manufacturing as it was naturally wealthy in mineral resources. Though the plan exaggerated regional divisions, the development of exports—coal from the North, rice from the South—and the importation of French manufactured goods stimulated domestic commerce.
National Day (Vietnam)
The Japanese occupied Vietnam during World War II but allowed the French to remain and exert some influence. At the war's end in August 1945, a power vacuum was created in Vietnam. Capitalizing on this, the Việt Minh launched the "August Revolution" across the country to seize government offices. Emperor Bảo Đại abdicated on 25 August 1945, ending the Nguyễn dynasty. On 2 September 1945, at Ba Đình Square, Hanoi, Ho Chi Minh, leader of the Viet Minh, declared Vietnam's independence under the new name of the Democratic Republic of Vietnam (DRVN) in a speech that invoked the United States Declaration of Independence and the French Revolution's Declaration of the Rights of Man and of the Citizen.