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.
Capture of Biên Hòa
The Capture of Biên Hòa (Vietnamese: Biên Hòa) on 16 December 1861 was an important allied victory in the Cochinchina campaign (1858–62). This campaign, fought between the French and the Spanish on the one side and the Vietnamese on the other, began as a limited punitive expedition and ended as a French war of conquest. The war concluded with the establishment of the French colony of Cochinchina, a development that inaugurated nearly a century of French colonial dominance in Vietnam.