Viet Nam’s economy fell into crisis and stagnation. In the first ten years of post-war period, many socio-economic targets could not be achieved due to both internal and external reasons. In 1977, Viet Nam became a member of the United Nations. Democratic Republic of Viet Nam was renamed Socialist Republic of Viet Nam on April 25 1976. Since then, the unified Viet Nam has ushered into a new era of peace, unification and national construction. The war came to an end in spring 1975 as the patriotic armed forces launched an offensive against the Saigon regime, liberated southern Viet Nam and reunified the country. In 1973, the Paris Accord was signed for restoration of peace in Viet Nam and withdrawal of the US troops. To fulfill President Ho Chi Minh’s apiration that "nothing is more precious than independence and freedom", the Vietnamese people experienced untold hardship and sacrifice. To support the South Viet Nam regime, the US sent military aid and over half a million soldiers to Viet Nam, and started bombing North Viet Nam in 1964. Between 19, Viet Nam had to stand up for national liberation and unification.
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