Nguyen xuan oanh biography
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Nguyen Xuan Oanh (14 July 1921-29 August 2003) was Prime Minister of South Vietnam in 1964 (interrupting Nguyen Khanh's terms) and in 1965 (succeeding Tran Van Huong and preceding Phan Huy Quat).
Biography[]
Nguyen Xuan Oanh was born in Phu Lang Thuong, French Indochina in 1921, and he worked as a Harvard economist before working for the International Monetary Fund. He later returned to South Vietnam in 1963 to serve as an economic advisor, and he served as Prime Minister in 1964 and 1965. Greatly respected bygd both nationalists and communists, he served as an economic advisor to the Communist Party of Vietnam during its Doi Moi reforms in the late 1980s, and he served on the central committee of the Vietnamese Fatherland Front. He died in 2003 at the age of 82.
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Nguyen Xuan Oanh, 82; Worked to Improve Vietnam’s Economy
Nguyen Xuan Oanh, 82, a Harvard-educated economist who tried to improve communist Vietnam’s economy and its relations with the United States, died Friday in Ho Chi Minh City of undisclosed causes.
Born in 1921 in Bac Giang province north of Hanoi, Oanh graduated from Harvard in 1954 and worked for the International Monetary Fund and World Bank in the 1960s before returning to his homeland.
He served as a deputy prime minister of the U.S.-backed South Vietnamese government and spent a year in jail after Saigon -- now Ho Chi Minh City -- fell to the communists in 1975.
Oanh later became an advisor to the Vietnamese government. In 1986 he helped create an economic reform package allowing more private enterprise and loosening state control over the economy.
In the late 1980s, he traveled to the United States to meet with members of Congress and businessmen to rebuild economic relations between the former enemies.
He was eco
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"An Increasing Sense of Dejection"
In early March of 1975 I was right here in Ho Chi Minh City. I had been out of the government for a few years. I had been the minister for economy and finance in the past, but I was also acting prime minister of the government on two occasions, altogether for about six months time.
After I left the government I worked in the private sector. I was involved in banking. I had my hands involved in almost every bank in the country, with holdings here and holdings there. I was called the "Father of the Commercial Banking System" here in the Ho Chi Minh City because there were no commercial banks before I helped establish them. I came back and I undertook reform in banking. I put together a banking law that allowed 13 or 14 Vietnamese banks to open their doors for business. This is one of my solid professional achievements, establishing a good banking system for Vietnam and then transforming the central bank, which was nothing but a