and New
Granada, which became Colombia). For most of the first half of the
20th century, Venezuela was ruled by generally benevolent military
strongmen, who promoted the oil industry and allowed for some social
reforms. Democratically elected governments have held sway since
1959. Hugo CHAVEZ, president since 1999, has promoted a
controversial policy of "democratic socialism," which purports to
alleviate social ills while at the same time attacking globalization
and undermining regional stability. Current concerns include: a
weakening of democratic institutions, political polarization, a
politicized military, drug-related violence along the Colombian
border, increasing internal drug consumption, overdependence on the
petroleum industry with its price fluctuations, and irresponsible
mining operations that are endangering the rain forest and
indigenous peoples.
Vietnam
The conquest of Vietnam by France began in 1858 and was
completed by 1884. It became part of French Indochina in 1887.
Vietnam declared independence after World War II, but France
continued to rule until its 1954 defeat by Communist forces under Ho
Chi MINH. Under the Geneva Accords of 1954, Vietnam was divided into
the Communist North and anti-Communist South. US economic and
military aid to South Vietnam grew through the 1960s in an attempt
to bolster the government, but US armed forces were withdrawn
following a cease-fire agreement in 1973. Two years later, North
Vietnamese forces overran the South reuniting the country under
Communist rule. Despite the return of peace, for over a decade the
country experienced little economic growth because of conservative
leadership policies. However, since the enactment of Vietnam's "doi
moi" (renovation) policy in 1986, Vietnamese authorities have
committed to increased economic liberalization and enacted
structural reforms needed to modernize the economy and to produce
more competitive, export-driven industries. The country continues to
experience protests from various groups - such as the Protestant
Montagnard ethnic minority population of the Central Highlands and
the Hoa Hao Buddhists in southern Vietnam over religious
persecution. Montagnard grievances also include the loss of land to
Vietnamese settlers.
Virgin Islands
During the 17th century, the archipelago was divided
into two territorial units, one English and the other Dani
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