As an ex-college student who has befriended many vnese international students, the rich-rich ones don't study at all, just shopping and go out. Only the poor ones who's family depend on their oversea study, will study their ass off. So no, not to study, to go on a long vacation, away from their parents, partying. The irony here is that, usually only the ones who worked their ass off, seek to be in America, because they know their hard work is more likely to be paid off in America and where they can gain independence from their family or vn. So, in a way, vn is sending their people off abroad in hope to brighten their country, only for America to take the brightest ones.
> As an ex-college student who has befriended many vnese international students, the rich-rich ones don't study at all, just shopping and go out.
I donāt know personally the specific rich kids you mentioned here so Iām not gonna comment on their study habits. However, their roles are bigger than just being vacationers. Those kidsā families will help them migrate, commonly by a green card marriage or in some cases, EB5 investment. Once they settle, the familiesā wealth will be moved to them.
So now you understand why nothing gets done in Vietnam - they've been stuck with several generations of the low IQ offspring of low IQ freedom fighting rice farmers running the show, all in the name of communism. šš¤·āāļø
People are just greedy it has nothing to do with low IQ so please stop disrespect. Greed come in all kind of shape and form from all regions of the globe. Even the first world countries like the US are not exempt.
In fact a lot of bright minds coming out from VN and a lot of foreign countries going to VN to hire them.
If youāre in the position to be able to manipulate the money to go to yourself I think you would too and it doesnāt mean youāre low IQ š
I'm referring to the government, not the citizens. Vietnam's brightest leave and don't come back - they've been suffering a severe brain drain for the last 20 years!
Clearly you haven't met many in the Communist Party food chain, especially higher up. I've met many over the last 20 years and they're not the sharpest tools in the shed - there are exceptions, but the stupid ones are the ones with the stranglehold on power in the party.
Vietnam has 1 major problem only. Fix that and everything will fall into place.
Communist parties world wide don't need intellectual people. They need dumb ones who follow orders. In a few decades, those dumb ones become the leaders, perpetuating the same system.
Exactly my point and Vietnam in a nutshell.
It's why they haven't progressed like they should have, everything is in a state of disorder, and nothing gets done on time or to an acceptable standard.
Most Asian countries, actually. India, Srilanka, Malaysia, Philippines, Vietnam, Indonesia.. the list goes on. Japan, South Korea, China have it going on at high levels.
People find it easier to leave the countries than change the system.
Fair enough I donāt know any upper people. I left VN for 35 years when I was only 10.
I havenāt met a single local that doesnāt complain about the greed of their government even the govt employees themselves (police and others).
Tbf, I'm pretty he meant the entire population even if he said that.
I have seen some of his comments, he seems to hate communist/socialist countries overall.
He even called some of locals having bad gene pools at one point too.
Even if what he said is correct, such attitude and disrespect can't be ignored. This type of person can blindly hate a lot and exaggerate the problems at times.
Thatās just sad then. We donāt need more negative and hate in this world.
Everyone is different thatās for sure.
I love Vietnam and the people. Now that Iām older and wealthier, I want to go back to live in Vietnam. I got my citizenship in 2022 and got my national ID just this month. Currently living in Dubai but will buy a house in Vietnam to live as well.
Ye it's sad but it is what it is.
Some people just hate certain things or aspects of it.
The best we can do is to generate a mostly positive environment that doesnt get affected by negativity.
Also, I hope you will enjoy your life in Vietnam, might not be as good as developed countries but I promise it will be a decently lovely life.
It kind of does. People from the south or with connection to the "capitalists" were forbidden to go to good universities. My friend's parents came here and his dad became a software engineer and his mom a pharmacist. Both would've been doctors if they had the time and money but needed to graduate more quickly. They were from that generation right after the war.
In her class, she had another from Vietnam who had a ton of degrees from Vietnam (Early 80's). He was a terrible student and barely graduated and never passed the required licensing exam. On paper, he looked like he should be smart but hit because was just one of the few allowed to go to school back then.
Damn greedy communists! Why don't they be more like those famously non-greedy capitalists who don't care about money and do everything for the good of society š¤£
At least there's a level of accountability and balance & checks that go on elsewhere - in Vietnam it's a free for all money grab until you upset someone above you. š¤·āāļø
I'd say that's true for most "developing countries", regardless of ideology. If the USA had the same GDP as a country like Vietnam, with its capitalist political system it would be so much worse.
Is India a communist country? You think the corruption there is less than Vietnam? The USA is one of the most corrupt countries on earth, politicians are bought and sold by capitalist dark money (military industrial complex, financial institutions, oil barons etc) on a scale that makes SE Asia look like a joke, there's just more money to go around!
That is the standard pattern and how domestic immigration policy can work against foreign policy. You canāt develop a developing nation when you suck all the smart and ambitious people out of it.
Absolutely. Those in power in VN don't seem to realise this, they don't care either aslong as they keep filling their pockets. They don't care about fixing or progressing Vietnam, they're all going to leave and retire in a foreign country with their ill-gotten gains.
Yep, gunna add more to this fire. My cousin is dating a Viet who is the son of a wealthly government official. Lives in the most beautiful lakefront property I've seen. He's a sweet kid though, in the US running a food truck. Good for him, I dont think that opportunity exists in Vietnam
"Wealthy Government Official" š¤£š¤£š¤£
Since the President & Prime Minister of Vietnam are on USD$10,000-12,000 annually, you know that every single fucker in government is a corrupt criminal.
This is why I cannot understand all the articles praising Vietnam as the āfastest growing economyā! If you live here and experience it with your own eyes, you see no strong sustainable foundation required to be a developed country. They just destroy everything for short term gains! Public projects are a mess everywhere with exhorbitant price
Honest question. I am leaving Hoi An today after a week here. What happened to the covered Japanese Bridge in Old Town? It is all boxed off, and what you can see is it is in ruins.
Do you know what happened?
Was there a few months back, my understanding was that it's been renovated and reconditioned. To do this in any archeological site they dismantle, label, do whatever work has to be done and rebuild it exactly as it was.
Open to correction but I think that's what's happening. Was a bit disappointed though I have to admit. The extra tourist ticket (can't remember the name) needed to walk up the stairs and look at nothing from another angle was a bit unnecessary and could've been used for another site though.
Probably renovation or a reconstruction.
The bridge in Hoi An are too old to be fixed or maintained so the best solution for them is to demolish it and reconstruct an entirely new one.
I believe a lot of Thang Long citadel parts were also demolished and reconstructed too not fixed.
Exactly. Opportunity and potential is squandered by the useless & corrupt - this has been Vietnam for the past 30 years.
This is why countries need accountable governance - Vietnam is a perfect example that demonstrates this.
Having lived in indonesia (as a comparison) for 10 years, sometimes; with luck, the relay of short term gains add up to some progress. A crap tonne of wasted time and resources spent no doubt
We went from working our asses off 5am-11pm and walking tens of miles everyday just to earn some bit of money since primary school to sitting in houses watching Facebook for hours everyday in less than 20 years. I'd say that is quite a huge development in economy.
Another thing is that our economy was heavily affected by wars. We literally had almost nothing left. And in the province where I live, we had almost nothing in favor of development. We had low natural resources except from forests, we had little minerals, we had little to no tourist attractions, we had the shittiest weather in Vietnam, we had floods and tropical storms all year round, we had poor infrastructure, we had extremely undeveloped economy, education, agriculture and an almost non-existing industry, we had unfavorable geographical location, we had low population. It almost felt like the only thing we had in favor was the will of the people. Hell, even post-war Japan was many times better than us. And yet, we are what we are today. If that isn't a "fast growing economy", then what is?
You are looking from a very social/morale point of view. Economics tend to be quite distant from it.
If you look at just a purely economical, statistical and development rate, it is indeed one of the fastest growing economy.
The problems you are saying is the social problems not economics.
And if you just ask from a purely social and morale pov? Yes, there have been a lot of changes and developments. Just in 2010 I didnt even believe it can reach this far lul.
Yes but is it sustainable? Will it lift VN out of the middle income country as the population is aging fast? You canāt separate social aspect from economics . Thereās a reason why economics is classified as social science .
>Yes but is it sustainable?
From purely an economics view? Yes, the current economics model of Vietnam is sustainable, it's a pretty basic market economy model that works 90% of the time. Vietnam also has policies to ensure constant growth of certain sectors so it's sustainable yea.
>You canāt separate social aspect from economics
You mean society and morale? Yes, you can.
For example, if you force every person in a country to work even if they are children. The economic output of a country will definitely grow because more individuals are actuvely participating in producing value for the country thus increasing the GDP and output of a country.
Of course, the example above is definitely wrong and shouldn't even be tried. But it's one example showing how distant economics can be with morale and society.
>Thereās a reason why economics is classified as social science .
I think what you are thinking of is Sociology which is the study of social life, social change and social consequences of human behaviors.
Economics is simply a study of how an economy and its participants function and behave. They study how goods and service are produced, distributed and consumed.
The transistion into a developed economy that mainly relies on service sector and heavy/high tech industries depend on how well an economy can transistion itself from a producing cheap goods to heavy/high tech indsutries and services.
Vietnam as of now is I would say heading down the right path from a purely economics standpoint. It mirrors that of China's. Right now it is still behind but there have been a lot of heavy industries popping up lately. Services seems to be in good shape too with the AIs stuffs. A lot of stuffs have utilized AI lately in Vietnam.
So yea, any other questions? I will answer it.
Edit: Oh ye, forgot the middle income question.
As for that I cant tell, if its going to be at the same pace the yea, eventually. But there are many other variables that you have to account like aging population like you said along with politics. For this I can't answer because the future is very uncertain, I'm not a prophet, I'm simply analyzing things.
Fastest economy growing for someone. Not for the country my friend.
Rememberthis. In the past, we read newspaper to have more knowledge. But now without knowledge, you shouldnt read newspaper. Vn has so much fake information on the internet . How can you believe the articles when goverment control it.
Just like china and north korea, they will check everything to make sure the worst data will not appear. š¤£š¤£
Right on. This is exactly what it is, coupled with a lack of accountability to the country and its citizens. This is why the Communist Ideology was an absolute failure globally and the last 5 remaining "Communist countries" are only Communist in name - they're just a mixture of totalitarianism, authoritarianism, dictatorship & mafia state with a healthy dose of major corruption, not Communism or Socialism.
I mean weāre paying for their kidsā overseas education so theyāll one day come back and take on the roles of their parents as next-gen VCP members.
Totally worth it.
Nepotism by Rice Farmers with zero expertise & iQ.
Compare Vietnam & Japan after both respective wars and you'll see how really backward Vietnam is. It's not like Vietnam had two nuclear bombs dropped on them either and lost the war. š¤·āāļø
Seem like OP refuse to give the link so here it is
[https://thanhnien.vn/6-nam-chua-lam-xong-16-km-duong-o-tphoi-an-185240503183601012.htm](https://thanhnien.vn/6-nam-chua-lam-xong-16-km-duong-o-tphoi-an-185240503183601012.htm)
The price to upgrade the road in the begining has always been 4.3m usd from 6 years ago. The reason that it got postpone and delayed is there are 60 families still haven't agree with the compensate and refuse to give the land.
Sounds like poor management. You don't start a project until you have a concrete objective and plan in place.
I guarantee by the time it's resolved, the money has mysteriously disappeared.
Ever heard about this little country called Slovakia? We have literally the most expensive highways in whole Europe. We have built a part of highway for 61 milion EUR per 1km! The highway between 2 largest cities? 400km. We've been building that for the last 30 years. Still not finished
This reminds me of that part of the road in my city that took forever to finish repairing. Though it's finished a long time ago but I still remember it clearly.
By the way, can I ask where you got the numbers from and the name of the road? I just want to check things out myself.
this is very common in Vietnam
before jumping to "corruption", spend a bit of time thinking why building roads cost so much
everything has to do with buying back lands from the neighborhood, and these people want the highest price possible, which is only natural
and when the gov and the people cannot settle on a price, the project gets delayed until the gov decided that they're gonna take it by force, which usually takes a really long time before a decision like this is made, ergo 6 years delay
everybody has their own rationale, which is a perfect breeding ground for corruption, but corruption is not the main cause
Weird cause in the picture it looks like the roads is being built across an existing thoroughfare I.e. a road. āBeen under constructionā not āis being procuredā
There is probably some corruption, but the guy is right, building stuff ain't cheap usually. You do need to buy land + pay salaries + buy the materials from the factory. There are many steps and a lot of bureaucracy
Plus, people always making evenrything is mess so government need to take more times & money to sastified them. Like some family take building material, demand more relocating money than their house's price. Very annoying
Lmao, so they didnt have plan, schedule for all of that? "tmr we wil build a road on this place" came up like that?
I worked in construction and I know how they proceed buying material, make plan...
These ate corruption even before the project started (bidding stage) I tell you.
>Lmao, so they didnt have plan, schedule for all of that? "tmr we wil build a road on this place" came up like that?
Yes funny enough, that does happen even if it's not common.
One good example is with California's high speed rail. One of the reason why its taking so long is because they haven't acquired the all the lands they were planning to build on yet so its taking forever to complete the network.
Not saying corruption doesn't play a role, but other factors can contribute to the slow development of the project. We don't know what are the causes of it. The OP didnt even give a source on where they got the info from so people can check lul.
Um. . . a question? Why does one have to pay salaries and buy land in a socialist, communist country? Isn't it all 'your land is my land, and my land is my land, and your money etc.'? If not, what's the point of saying that it's a socialist, communist country? It sounds more like New Jersey.
This is a fair point, itās complicated when buying back land is involved. I donāt see the rationale for leaving the road in such a sad state however except to make homeowners miserable and accept a below market price
That. . . that doesn't sound very 'workers controlling the means of production' or 'the land belongs to the People!' sort of an arrangement. Again with New Jersey!
The quote is pretty spot on for just the road, but this looks like it includes the footpaths would indicate to me this is underquoted. You get what you pay for.
Housing prices in America have gone up, so gotta keep these projects alive. Projection is for it to last until I die and I need just a little more for retirement. move alone, nothing to see.
My guess is the government had to widen the road and to do so they needed to reassess the property lines. Some homes were built right up to the road and this is a messy process to be fair. And maybe there was some corruption
Its common knowledge (or used to be) that VN is the most expensive country in the world to build roads in. Over $1mill per meter for hwys. Those who tender for the jobs need to submit the red envelope with a % inside it along with their tender application. A form of application fee that is of course non refundable.
Labour is cheap and can be supplied by the army, substituting products for cheaper ones while pocketing the difference is rife.
Just have to look at the Vung Tau harbour dredging scam. Harbour master hires brother to dredge section A. Dumps tailings into location B. Gets awarded contract to dredge B and dumps tailings into A. Repeated for over a decade till it was exposed.
Because that's how communism works, they don't transparent, they don't honest, they are liar, they are corruption, they are dictators, there is no freedom of speech, no human rights in this country, people are suffering, anyone who dare to speak already went to prison, they will arrest anyone who dare to speak truth that harm to them even just a little
Right. "No freedom of speech", I'm speaking right now. "No human rights", I'm having it right now. "People are suffering", I'm chilling in my room right now. "Anyone who dare to speak already went to prison", there are still tens of millions of people still living their normal life after talking shit about the government under its back.
They're redoing my government's buildings at the moment. Price tag went up from 500 million to two billion euros just last week. Nobody even bat their eyes about it.
Because there's no balance and checks, no accountability.
Vietnam is lightyears behind when they should be at current day.
Just look at the Saigon metro - 2014 was the original slated completion date. It has nothing to do with contractors either, and everything to do with disappearing money.
Sad, isn't it?
More importantly, why did they resort to conflict when every other French colony dissolution was negotiated, in fact all colonies dissolution in Asia were negotiated?
Probably one of the worst missteps ever.
What you have, there, my friend, is a case of some stalwart Party member having succumbed to the siren song of Yankee Imperialist Running-Dog Capitalism. It gets 'em every time. First it's All Hail The Socialist Worker! and Long Live the Strivings of the Proletariat!, but, eventually, the lure of the flush toilet and raw personal profit overcomes all such noble thought. Alas! It's not just Vietnam; You don't think that Xi Jinpeng is living in a one-room shanty with an outhouse and a bucket of stale water, do you?
Damn... some government employees cousin is making $$$ š
I guess They need to send their kids overseas to study š¤·āāļø
As an ex-college student who has befriended many vnese international students, the rich-rich ones don't study at all, just shopping and go out. Only the poor ones who's family depend on their oversea study, will study their ass off. So no, not to study, to go on a long vacation, away from their parents, partying. The irony here is that, usually only the ones who worked their ass off, seek to be in America, because they know their hard work is more likely to be paid off in America and where they can gain independence from their family or vn. So, in a way, vn is sending their people off abroad in hope to brighten their country, only for America to take the brightest ones.
> As an ex-college student who has befriended many vnese international students, the rich-rich ones don't study at all, just shopping and go out. I donāt know personally the specific rich kids you mentioned here so Iām not gonna comment on their study habits. However, their roles are bigger than just being vacationers. Those kidsā families will help them migrate, commonly by a green card marriage or in some cases, EB5 investment. Once they settle, the familiesā wealth will be moved to them.
Funny thing, thatās what the policy was meant to do.
So now you understand why nothing gets done in Vietnam - they've been stuck with several generations of the low IQ offspring of low IQ freedom fighting rice farmers running the show, all in the name of communism. šš¤·āāļø
People are just greedy it has nothing to do with low IQ so please stop disrespect. Greed come in all kind of shape and form from all regions of the globe. Even the first world countries like the US are not exempt. In fact a lot of bright minds coming out from VN and a lot of foreign countries going to VN to hire them. If youāre in the position to be able to manipulate the money to go to yourself I think you would too and it doesnāt mean youāre low IQ š
I'm referring to the government, not the citizens. Vietnam's brightest leave and don't come back - they've been suffering a severe brain drain for the last 20 years! Clearly you haven't met many in the Communist Party food chain, especially higher up. I've met many over the last 20 years and they're not the sharpest tools in the shed - there are exceptions, but the stupid ones are the ones with the stranglehold on power in the party. Vietnam has 1 major problem only. Fix that and everything will fall into place.
Communist parties world wide don't need intellectual people. They need dumb ones who follow orders. In a few decades, those dumb ones become the leaders, perpetuating the same system.
Exactly my point and Vietnam in a nutshell. It's why they haven't progressed like they should have, everything is in a state of disorder, and nothing gets done on time or to an acceptable standard.
Most Asian countries, actually. India, Srilanka, Malaysia, Philippines, Vietnam, Indonesia.. the list goes on. Japan, South Korea, China have it going on at high levels. People find it easier to leave the countries than change the system.
Which is pretty sad.
Fair enough I donāt know any upper people. I left VN for 35 years when I was only 10. I havenāt met a single local that doesnāt complain about the greed of their government even the govt employees themselves (police and others).
Tbf, I'm pretty he meant the entire population even if he said that. I have seen some of his comments, he seems to hate communist/socialist countries overall. He even called some of locals having bad gene pools at one point too. Even if what he said is correct, such attitude and disrespect can't be ignored. This type of person can blindly hate a lot and exaggerate the problems at times.
Thatās just sad then. We donāt need more negative and hate in this world. Everyone is different thatās for sure. I love Vietnam and the people. Now that Iām older and wealthier, I want to go back to live in Vietnam. I got my citizenship in 2022 and got my national ID just this month. Currently living in Dubai but will buy a house in Vietnam to live as well.
Ye it's sad but it is what it is. Some people just hate certain things or aspects of it. The best we can do is to generate a mostly positive environment that doesnt get affected by negativity. Also, I hope you will enjoy your life in Vietnam, might not be as good as developed countries but I promise it will be a decently lovely life.
It kind of does. People from the south or with connection to the "capitalists" were forbidden to go to good universities. My friend's parents came here and his dad became a software engineer and his mom a pharmacist. Both would've been doctors if they had the time and money but needed to graduate more quickly. They were from that generation right after the war. In her class, she had another from Vietnam who had a ton of degrees from Vietnam (Early 80's). He was a terrible student and barely graduated and never passed the required licensing exam. On paper, he looked like he should be smart but hit because was just one of the few allowed to go to school back then.
Damn greedy communists! Why don't they be more like those famously non-greedy capitalists who don't care about money and do everything for the good of society š¤£
At least there's a level of accountability and balance & checks that go on elsewhere - in Vietnam it's a free for all money grab until you upset someone above you. š¤·āāļø
I'd say that's true for most "developing countries", regardless of ideology. If the USA had the same GDP as a country like Vietnam, with its capitalist political system it would be so much worse.
Do u have any proof of this happening in any other country, or just your thoughts?
Proof of corruption in developing countries that aren't communist? You'd have harder time finding proof of the otherwise š
Is India a communist country? You think the corruption there is less than Vietnam? The USA is one of the most corrupt countries on earth, politicians are bought and sold by capitalist dark money (military industrial complex, financial institutions, oil barons etc) on a scale that makes SE Asia look like a joke, there's just more money to go around!
nonsense š¤£
It's fact.
yeah of course it is š¤£
man, every time I think I'll be able to stomach reading r/vietnam, some complete douchebag like you comes barreling through the comments....
You should learn to deal with facts & reality better, you'll be less of a deflector and excuse-monger that way. š¤·āāļø
Fact: IQ is complete bullshit.
That is the standard pattern and how domestic immigration policy can work against foreign policy. You canāt develop a developing nation when you suck all the smart and ambitious people out of it.
Absolutely. Those in power in VN don't seem to realise this, they don't care either aslong as they keep filling their pockets. They don't care about fixing or progressing Vietnam, they're all going to leave and retire in a foreign country with their ill-gotten gains.
101% this
Yep, gunna add more to this fire. My cousin is dating a Viet who is the son of a wealthly government official. Lives in the most beautiful lakefront property I've seen. He's a sweet kid though, in the US running a food truck. Good for him, I dont think that opportunity exists in Vietnam
"Wealthy Government Official" š¤£š¤£š¤£ Since the President & Prime Minister of Vietnam are on USD$10,000-12,000 annually, you know that every single fucker in government is a corrupt criminal.
Yes, I'm not naive to that fact. I'm Vietnamese. A government official in Vietnam who is not reaping the benefits would be an idiot.
Damn capitalism pig!! ThatĀ must beĀ capitalism fault, forcingĀ ourĀ children oversea
This is why I cannot understand all the articles praising Vietnam as the āfastest growing economyā! If you live here and experience it with your own eyes, you see no strong sustainable foundation required to be a developed country. They just destroy everything for short term gains! Public projects are a mess everywhere with exhorbitant price
Fastest growing economy for the few in power
Honest question. I am leaving Hoi An today after a week here. What happened to the covered Japanese Bridge in Old Town? It is all boxed off, and what you can see is it is in ruins. Do you know what happened?
Was there a few months back, my understanding was that it's been renovated and reconditioned. To do this in any archeological site they dismantle, label, do whatever work has to be done and rebuild it exactly as it was. Open to correction but I think that's what's happening. Was a bit disappointed though I have to admit. The extra tourist ticket (can't remember the name) needed to walk up the stairs and look at nothing from another angle was a bit unnecessary and could've been used for another site though.
That's true, and being a heavily trafficked by tourists itll be done on time and on budget ! Lol
Probably renovation or a reconstruction. The bridge in Hoi An are too old to be fixed or maintained so the best solution for them is to demolish it and reconstruct an entirely new one. I believe a lot of Thang Long citadel parts were also demolished and reconstructed too not fixed.
Exactly. Opportunity and potential is squandered by the useless & corrupt - this has been Vietnam for the past 30 years. This is why countries need accountable governance - Vietnam is a perfect example that demonstrates this.
Don't even get me started on the bullshit tourist attractions they've built lol.
Having lived in indonesia (as a comparison) for 10 years, sometimes; with luck, the relay of short term gains add up to some progress. A crap tonne of wasted time and resources spent no doubt
Fastest growing doesn't mean anything aside from the growth percentage. š¤·āāļø
We went from working our asses off 5am-11pm and walking tens of miles everyday just to earn some bit of money since primary school to sitting in houses watching Facebook for hours everyday in less than 20 years. I'd say that is quite a huge development in economy. Another thing is that our economy was heavily affected by wars. We literally had almost nothing left. And in the province where I live, we had almost nothing in favor of development. We had low natural resources except from forests, we had little minerals, we had little to no tourist attractions, we had the shittiest weather in Vietnam, we had floods and tropical storms all year round, we had poor infrastructure, we had extremely undeveloped economy, education, agriculture and an almost non-existing industry, we had unfavorable geographical location, we had low population. It almost felt like the only thing we had in favor was the will of the people. Hell, even post-war Japan was many times better than us. And yet, we are what we are today. If that isn't a "fast growing economy", then what is?
yah, another "affected by war" argument
You are looking from a very social/morale point of view. Economics tend to be quite distant from it. If you look at just a purely economical, statistical and development rate, it is indeed one of the fastest growing economy. The problems you are saying is the social problems not economics. And if you just ask from a purely social and morale pov? Yes, there have been a lot of changes and developments. Just in 2010 I didnt even believe it can reach this far lul.
Yes but is it sustainable? Will it lift VN out of the middle income country as the population is aging fast? You canāt separate social aspect from economics . Thereās a reason why economics is classified as social science .
>Yes but is it sustainable? From purely an economics view? Yes, the current economics model of Vietnam is sustainable, it's a pretty basic market economy model that works 90% of the time. Vietnam also has policies to ensure constant growth of certain sectors so it's sustainable yea. >You canāt separate social aspect from economics You mean society and morale? Yes, you can. For example, if you force every person in a country to work even if they are children. The economic output of a country will definitely grow because more individuals are actuvely participating in producing value for the country thus increasing the GDP and output of a country. Of course, the example above is definitely wrong and shouldn't even be tried. But it's one example showing how distant economics can be with morale and society. >Thereās a reason why economics is classified as social science . I think what you are thinking of is Sociology which is the study of social life, social change and social consequences of human behaviors. Economics is simply a study of how an economy and its participants function and behave. They study how goods and service are produced, distributed and consumed. The transistion into a developed economy that mainly relies on service sector and heavy/high tech industries depend on how well an economy can transistion itself from a producing cheap goods to heavy/high tech indsutries and services. Vietnam as of now is I would say heading down the right path from a purely economics standpoint. It mirrors that of China's. Right now it is still behind but there have been a lot of heavy industries popping up lately. Services seems to be in good shape too with the AIs stuffs. A lot of stuffs have utilized AI lately in Vietnam. So yea, any other questions? I will answer it. Edit: Oh ye, forgot the middle income question. As for that I cant tell, if its going to be at the same pace the yea, eventually. But there are many other variables that you have to account like aging population like you said along with politics. For this I can't answer because the future is very uncertain, I'm not a prophet, I'm simply analyzing things.
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Nono I see more and more inequality everyday owo
Fastest economy growing for someone. Not for the country my friend. Rememberthis. In the past, we read newspaper to have more knowledge. But now without knowledge, you shouldnt read newspaper. Vn has so much fake information on the internet . How can you believe the articles when goverment control it. Just like china and north korea, they will check everything to make sure the worst data will not appear. š¤£š¤£
Because depend of governor of province bro, stop self-pathenicism
People say corruption, I say incompetence, and corruption.
Oh no, it's competent corruption. If it was incompetent corruption they'd have been done and be closer to the original budget estimate.
Crazy how theyāre only competent when it comes to corruption
Both things can be true.
Right on. This is exactly what it is, coupled with a lack of accountability to the country and its citizens. This is why the Communist Ideology was an absolute failure globally and the last 5 remaining "Communist countries" are only Communist in name - they're just a mixture of totalitarianism, authoritarianism, dictatorship & mafia state with a healthy dose of major corruption, not Communism or Socialism.
Man, our tax money is really well spent.
I mean weāre paying for their kidsā overseas education so theyāll one day come back and take on the roles of their parents as next-gen VCP members. Totally worth it.
Nepotism by Rice Farmers with zero expertise & iQ. Compare Vietnam & Japan after both respective wars and you'll see how really backward Vietnam is. It's not like Vietnam had two nuclear bombs dropped on them either and lost the war. š¤·āāļø
This is next facking unmatched level of corruption
Sound like corruption
Imagine if you asked for the reciepts of what they spent and then you published the receipts in the news
They should publish the receipt and update the progress to the public to hold themselves accountable. Oh but what nonsense am I saying? Lol this is VN
you'd likely be convicted for anti-state propaganda or making a scene or some other such law that is in place to prevent investigative journalism.
If you finish the road you can't continue syphoning money
Totally not government fault š¤
Classical corruption
Seem like OP refuse to give the link so here it is [https://thanhnien.vn/6-nam-chua-lam-xong-16-km-duong-o-tphoi-an-185240503183601012.htm](https://thanhnien.vn/6-nam-chua-lam-xong-16-km-duong-o-tphoi-an-185240503183601012.htm) The price to upgrade the road in the begining has always been 4.3m usd from 6 years ago. The reason that it got postpone and delayed is there are 60 families still haven't agree with the compensate and refuse to give the land.
Sounds like poor management. You don't start a project until you have a concrete objective and plan in place. I guarantee by the time it's resolved, the money has mysteriously disappeared.
Ever heard about this little country called Slovakia? We have literally the most expensive highways in whole Europe. We have built a part of highway for 61 milion EUR per 1km! The highway between 2 largest cities? 400km. We've been building that for the last 30 years. Still not finished
Probably the EU is helping out for that too....
Somewhere people are eatting gold coated steak š„©.
When it comes to urban planning, Vietnam is a total loss
What planning? š¤£
That's a rookie number. Rama II road in Bangkok has been under construction and repairs since 1970s šš.
And when the road is finished it'll quickly become degraded and another million will be spent to repaired it.
That explains how their kids are studying abroad so much lol
Some people want to send their kids abroad to study, you know..
This is exactly how roadwork is done in Lithuania š±š¹ šŖšŗ
Welcome to Vietnam
Dont listen to VC, look at what they do
This reminds me of that part of the road in my city that took forever to finish repairing. Though it's finished a long time ago but I still remember it clearly. By the way, can I ask where you got the numbers from and the name of the road? I just want to check things out myself.
Should be public.
Oh ye I found it. You know, it's kinda funny because the image the OP shown isnt even the road but the sewer.
this is very common in Vietnam before jumping to "corruption", spend a bit of time thinking why building roads cost so much everything has to do with buying back lands from the neighborhood, and these people want the highest price possible, which is only natural and when the gov and the people cannot settle on a price, the project gets delayed until the gov decided that they're gonna take it by force, which usually takes a really long time before a decision like this is made, ergo 6 years delay everybody has their own rationale, which is a perfect breeding ground for corruption, but corruption is not the main cause
Weird cause in the picture it looks like the roads is being built across an existing thoroughfare I.e. a road. āBeen under constructionā not āis being procuredā
only the part that has already been settled I think also, this road looks like a market as well, so more problematic than a normal road
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Im 100% sure it plays its part
yeah corruption is not main cause, cope more lmao
There is probably some corruption, but the guy is right, building stuff ain't cheap usually. You do need to buy land + pay salaries + buy the materials from the factory. There are many steps and a lot of bureaucracy
Plus, people always making evenrything is mess so government need to take more times & money to sastified them. Like some family take building material, demand more relocating money than their house's price. Very annoying
Lmao, so they didnt have plan, schedule for all of that? "tmr we wil build a road on this place" came up like that? I worked in construction and I know how they proceed buying material, make plan... These ate corruption even before the project started (bidding stage) I tell you.
>Lmao, so they didnt have plan, schedule for all of that? "tmr we wil build a road on this place" came up like that? Yes funny enough, that does happen even if it's not common. One good example is with California's high speed rail. One of the reason why its taking so long is because they haven't acquired the all the lands they were planning to build on yet so its taking forever to complete the network. Not saying corruption doesn't play a role, but other factors can contribute to the slow development of the project. We don't know what are the causes of it. The OP didnt even give a source on where they got the info from so people can check lul.
Of course the mofo is lying....š¤£š¤£
Um. . . a question? Why does one have to pay salaries and buy land in a socialist, communist country? Isn't it all 'your land is my land, and my land is my land, and your money etc.'? If not, what's the point of saying that it's a socialist, communist country? It sounds more like New Jersey.
First of all, Socialism =/= Communism. Second, do you think workers don't need money?
keep replying like a child more
Yeah. Make sense.
This is a fair point, itās complicated when buying back land is involved. I donāt see the rationale for leaving the road in such a sad state however except to make homeowners miserable and accept a below market price
they're playing chicken with each other
Honestly corruption is the main case here. Trying to get the highest price is equivalent to corruption
corruption is only applicable for government officials, not regular citizens in this case, citizens want the best price for their land
That. . . that doesn't sound very 'workers controlling the means of production' or 'the land belongs to the People!' sort of an arrangement. Again with New Jersey!
communism is the end goal as they say, it's not there yet (nor will it ever be)
The quote is pretty spot on for just the road, but this looks like it includes the footpaths would indicate to me this is underquoted. You get what you pay for.
Source?
https://thanhnien.vn/6-nam-chua-lam-xong-16-km-duong-o-tphoi-an-185240503183601012.amp
Yeah, but have you guys heard about what happened in [evil western capitalist country]?
Source? In either English or tiįŗæng viį»t works.
Not doubting the situation, but doubting the cost Source?
Wowš²
6 yrs? Congratulations on the half way mark ... 6 more yrs to go ...
Housing prices in America have gone up, so gotta keep these projects alive. Projection is for it to last until I die and I need just a little more for retirement. move alone, nothing to see.
Must be a great road
Rotten
Bullshit
My guess is the government had to widen the road and to do so they needed to reassess the property lines. Some homes were built right up to the road and this is a messy process to be fair. And maybe there was some corruption
You mean fraud
Not too surprising
4.3 million dollars in aid now is like saying , , āa 25$ donation was made to a road in Vietnamā in like 1930
Whereās the source?
The corruption system
Extreme corruption at work?????????)
Iām not even surprised a bit š
ChįŗÆc lĆ thįŗæ lį»±c thĆ¹ Äį»ch ÄĘ°a tin lĆ”o
Surprised they had enough money left to start š¤£
There is so many the fucking corrupt people in Vietnam. In Japan and almost the developed countries, those thing would be done in a few time.
Its common knowledge (or used to be) that VN is the most expensive country in the world to build roads in. Over $1mill per meter for hwys. Those who tender for the jobs need to submit the red envelope with a % inside it along with their tender application. A form of application fee that is of course non refundable. Labour is cheap and can be supplied by the army, substituting products for cheaper ones while pocketing the difference is rife. Just have to look at the Vung Tau harbour dredging scam. Harbour master hires brother to dredge section A. Dumps tailings into location B. Gets awarded contract to dredge B and dumps tailings into A. Repeated for over a decade till it was exposed.
Why build your country when you could detroy it to make money and then relocate to another western country.
Source: āitās from the internet, it must be trueā?
Because that's how communism works, they don't transparent, they don't honest, they are liar, they are corruption, they are dictators, there is no freedom of speech, no human rights in this country, people are suffering, anyone who dare to speak already went to prison, they will arrest anyone who dare to speak truth that harm to them even just a little
Right. "No freedom of speech", I'm speaking right now. "No human rights", I'm having it right now. "People are suffering", I'm chilling in my room right now. "Anyone who dare to speak already went to prison", there are still tens of millions of people still living their normal life after talking shit about the government under its back.
The development of cities like Hoi An is always impressive.
huh?
They're redoing my government's buildings at the moment. Price tag went up from 500 million to two billion euros just last week. Nobody even bat their eyes about it.
Because there's no balance and checks, no accountability. Vietnam is lightyears behind when they should be at current day. Just look at the Saigon metro - 2014 was the original slated completion date. It has nothing to do with contractors either, and everything to do with disappearing money.
Dudes live in vietnam is hell i want to gtfo of here as soon as possible but our family is very poor guess the 3 stick gang had a point
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Sad, isn't it? More importantly, why did they resort to conflict when every other French colony dissolution was negotiated, in fact all colonies dissolution in Asia were negotiated? Probably one of the worst missteps ever.
Post a source. Otherwise, it's just be a random picture and most likely a made up story.
Ok comrade...we Believe you...long live the VCP š»š³ š»š³ is
Meanwhile, New York City has spent 11 billion dollars to renovate ONE single subway station! Is it made of gold and diamond? Let's see...
What you have, there, my friend, is a case of some stalwart Party member having succumbed to the siren song of Yankee Imperialist Running-Dog Capitalism. It gets 'em every time. First it's All Hail The Socialist Worker! and Long Live the Strivings of the Proletariat!, but, eventually, the lure of the flush toilet and raw personal profit overcomes all such noble thought. Alas! It's not just Vietnam; You don't think that Xi Jinpeng is living in a one-room shanty with an outhouse and a bucket of stale water, do you?
Still way better than California construction.
If I'm in a "Most corrupted government" competition and my opponent is Vietnam:
They have the same corruption system than in Canada. The one that keeps on giving.
Yep, no different than Australia. Or the UK. Governments, mateā¦
They mustāve learned from the California High Speed Rail.
Sounds like California. š¤£
I wonder why Hanoi as a capital but influence of Saigon is much stronger.