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Author Topic: 2018 Vietnam 's economy roars  (Read 381 times)

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Offline lalapaluza

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Re: 2018 Vietnam 's economy roars
« Reply #20 on: May 15, 2018, 03:09:15 AM »
Yes, it’s all the US faults. How about trade with China?

That’s why you should have not fought the US eh?

Offline ngjm95

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Re: 2018 Vietnam 's economy roars
« Reply #21 on: May 15, 2018, 10:22:36 AM »
Trade with China or  US why not?
After hundred thousand South Vietnames people died , Nixon went to court Mao Why did he need China ,couldn't he do the job ?

After the honey moon between the two, why should Vietnam be shy to do business  with them ?

Offline lalapaluza

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Re: 2018 Vietnam 's economy roars
« Reply #22 on: May 15, 2018, 10:41:36 AM »
Lol, you blamed us for embargo. That’s a normal thing to do after the war. Enemies have no obligation to trade. Bit since China is such a huge economy, us trade shouldn’t matter right?

Anyway, it’s been45 years. No excuse.

Offline ngjm95

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Re: 2018 Vietnam 's economy roars
« Reply #23 on: May 15, 2018, 11:10:47 AM »
Lol, you blamed us for embargo. That’s a normal thing to do after the war. Enemies have no obligation to trade. Bit since China is such a huge economy, us trade shouldn’t matter right?

Anyway, it’s been45 years. No excuse.

I didnt care for the embargo by itsellf but was comparing Vietnam with other countries who after loosing  to US  benefited american funds to recover;

45 years for VN ,are U kidding?
President Clinton today ordered an end to the trade embargo on Vietnam, casting away a central remnant of one of America's most divisive wars and opening a potentially lucrative market to American goods
NewYork Times _Feb1994     Make your math.

For Americans ,business as usual

Offline lalapaluza

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Re: 2018 Vietnam 's economy roars
« Reply #24 on: May 15, 2018, 01:09:32 PM »
How about before embargo. Couldn’t you trade with China, Russia, Europe, Arabs. The opportunities were there I’d one was entrepreneurial.

Offline UniFy

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Re: 2018 Vietnam 's economy roars
« Reply #25 on: May 15, 2018, 01:29:58 PM »
Why do you think the US had embargo on Vietnam? Your masters drove 4 million vietnamese out of the country, killed and tortured people that didn't get in line for your backward ideology. Europe had nothing to do with Vietnam back then either, embargo or not.

Offline ngjm95

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Re: 2018 Vietnam 's economy roars
« Reply #26 on: May 15, 2018, 11:45:16 PM »
Why do you think the US had embargo on Vietnam?
For revenge, Germany despite  millions of victims in crematory was granted big funding  instead of embargo because  America uses her as buffer against  Russia.Many germans officials convicted  for mass killing had been released  for their help in Cold War.
So Embargo or not , funding or not depend on those who rule the World!


Offline IronTree

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Re: 2018 Vietnam 's economy roars
« Reply #27 on: May 16, 2018, 01:38:53 AM »
While not as stupidly optimistic about Vietnam potential growth as some others, it is a fact that Vietnam was virtually isolated  for 20 years after the Vietnam War ended. Soviet Union was collapsing and had massive internal problems, China was not trading with Vietnam obviously because they were just building up their own economy after opening to the west, and also we just had a war with them. The rest of South East Asia (not even gonna bother opening the can of worms of comparing us to East Asia who were American darlings) had access to the world economy and barely did anything with it.

I'm not one to blame others for our problems, because God knows Vietnamese people have only their current situation to blame on themselves and their leaders, but it is a fact that we were severely crippled in economic development because of the animosity that the United States had towards our nation. 1994 is the year of normalization, but it was until 2000 that the ball started rolling.

Offline lalapaluza

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Re: 2018 Vietnam 's economy roars
« Reply #28 on: May 16, 2018, 06:43:41 AM »
First off, the embargo was not to blame but rather the centralized economy implemented by the communist leadership. This was not lifted until 1986 when they implemented “Doi Moi” reforms. after they decentralized they saw rapid growth.

You see the same trajectory with China which was limping along until they instituted economic reforms in the 90s. If you compare Vietnam to China which has roughly the same amount of time after reforms, Vietnam still has a long way to go.

Even now, VN gets most of its capitals from foreign direct investment. Most of its growth is from export of raw materials. For example, it sells crude oil because it doesn’t have the refinery capacity.

What I have been saying all along is it’s fast growth is possible because it started at such a low base.  After 55 years of peace, this is its accomplishment.

Offline ngjm95

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Re: 2018 Vietnam 's economy roars
« Reply #29 on: May 16, 2018, 10:54:37 AM »
Koreans rush to study Vietnamese for new business opportunities amidst China’s boycott
 Near the busy Gangnam Subway Station in Seoul, about eight private language institutions have already opened Vietnamese classes.

"We increased the number of classes from one to 11 only a month after we opened the Vietnamese course. We've also increased teachers from two to five," said a representative from a language school, as cited by Chosun Ilbo.
More and more Koreans are studying Vietnamese to acquire language proficiency

Smart Koreans learn a foreign language instead of lamenting

For much of 2017, South Korea’s tourism, cosmetics and entertainment industries have taken the brunt of a Chinese political backlash against Seoul.
Facing difficulties from China, Koreans start to look at Vietnam as the land of newfound opportunities, especially considering the Southeast Asian nation’s rapid economic growth.
Japan returns as top investor in Vietnam
Japan became Vietnam's biggest foreign direct investor in 2017, reclaiming the crown from South Korea after a three-year gap.

Foreign direct investment in the Southeast Asian nation jumped 44.4% on the year to $35.8 billion, according to government statistics up to Dec. 20. Japanese investment more than tripled to a record $9.11 billion, accounting for a quarter of the total. Infrastructure exports were a major driver of Japanese spending.

Sound like some have abused saké! :)

Offline IronTree

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Re: 2018 Vietnam 's economy roars
« Reply #30 on: May 16, 2018, 11:19:07 AM »
Vietnam just finished building Nghi Son refinery last month, which coupled with Dung Quat, is nearly enough to refine the amount of raw oil the country produces. Finished electronics products are now the biggest export of our country, which (while it unfortunately still relies on Koreans) is still better than exporting raw materials.

Also China had a larger industrial base because of 1. Their sheer size, and 2. Their industrial capacity and infrastructure wasn't completely wiped out in constant warfare by Americans bombs.

Koreans and Japanese see us as subhumans, so we should only use them to our advantage while keeping them at an arm's length. I hate when Vietnamese are always all over Koreans and Japs without knowing how they really think of us when amongst their own, referring to our people as a lower race,下等人種.

 
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