Vietnam Table of Contents
Relations with noncommunist nations were still in the early stages of development in the mid-1970s to mid-1980s. Noncommunist aid, nevertheless, was a significant part of Hanoi's budget prior to Vietnam's invasion of Cambodia in December 1978. In 1976 and 1977, for example, aid from noncommunist nations amounted to US$438.5 million, of which Sweden, France, Japan, and UN-related organizations accounted for 78 percent. With the exception of aid from Sweden, however, such aid was either significantly curtailed or terminated following the invasion.
Trade ties, after the invasion, suffered similarly. In 1976 four noncommunist trading partners--Japan, Hong Kong, France, and Sweden--accounted for 44 percent of Vietnam's imports, and more than half of Vietnam's exports went to noncommunist buyers such as Singapore, Hong Kong, Japan, and France. A decade later, in 1986, only 20 percent of Vietnam's imports were of noncommunist origin, and 40 percent of its exports were reaching noncommunist markets.
By the mid-1980s, however, Vietnam was actively seeking to improve its economic and political ties with the noncommunist world community in order to stimulate aid, trade, and investment. With few exceptions, noncommunist nations were prepared to reciprocate. The one obstacle preventing their doing so remained Hanoi's continued occupation of Cambodia and the absence of a resolution to the conflict.
Data as of December 1987