July 07, 1955 : China announces it will provide aid to Hanoi

Introduction

Officials in China and Hanoi announce that Beijing will extend 800 million yuan (about $200 million) in economic aid to Hanoi. This announcement followed a trip to Beijing by Ho Chi Minh and his ministers of finance, industry, agriculture, education and health. On July 18, the Soviet Union announced that it would grant Hanoi 400 million rubles (about $100 million) in economic aid. This aid from fellow communist nations helped sustain North Vietnam in its war against the South Vietnamese and their American allies until 1975, when they defeated the South Vietnamese forces and reunified the country.

Article Details:

July 07, 1955 : China announces it will provide aid to Hanoi

  • Author

    History.com Staff

  • Website Name

    History.com

  • Year Published

    2009

  • Title

    July 07, 1955 : China announces it will provide aid to Hanoi

  • URL

    http://www.history.com/this-day-in-history/china-announces-it-will-provide-aid-to-hanoi

  • Access Date

    November 25, 2017

  • Publisher

    A+E Networks