There's one thing you don't seem to understand. We Vietnamese are not on the side of the US or any other side against a third country. Vietnam we are self-reliant, self-sufficient, always fighting for the right, and the interests of the nation!!! But we also thank the US and other countries that are and will cooperate with Vietnam in all fields in the future. thank you !
Hung, VN foriegn policy in regards to US and China is difficult likes walking on broken glass. China is always a threat to VN since its founding, as I said to my American friends.The American war occupied 1 page in Vietnamese history book, French war 2 pages, the rest of the history book filled with struggle against Chinese. No matter how much human power, can not wage a war without technology, whatever reason China may takes on Vietnam , Vietnam will depends in the West for weapons, US foreign policy could change rapidly every new administration.
I was there in 70's and 80's, the country was in the verge of famine. When went out to eat, there were peole wait to eat your leftover right behing you. 1995 US established relationship with VN, I went back in 1997, Saigon was exactly when I left 1981. Other SE Asia can replace Vietnam's manufacturrings. VN doesn't have any product and skill the world must have. Without US opened its door, VN condition would not be better than N..Korea.
Vietnam doesn't need to become the WHOLE of China. It only needs to replicate the success of Guangdong in the Mekong Delta, with HCMC being the equivalent of Shenzhen.
Người dân Việt Nam rất thân thiện và miến khách , Việt Nam có nhiều món ăn ngon nữa :)) th-cam.com/video/NV35O8H6110/w-d-xo.html Mong các bạn đến Việt Nam 🇻🇳
I think Vietnamese should protect the country's financial sovereignty and prevent wealth from being robbed by dollars. The intelligence of Vietnamese is much higher than that of Indians, and they are more industrious. When China develops high technology and competes for high-profit industries, Vietnam accepts some industrial transfers from China, which is a very good cooperation. Vietnam and China are countries with similar cultures, I think China, Japan, South Korea and Vietnam all have the same culture in essence, but our scales are different, so no one can replace anyone.
I was born in Vietnam, though I am a citizen of the USA. It depends upon what you mean by that slippery term 'Next China.' Will it be a threat and major economic player on the world stage? No. It's too tiny. And that would be expecting a flyweight to duke it out among heavyweight contenders. But its position has been secured by being a niche player in manufacturing. And it will continue to move in that direction. I'm just glad that Vietnam did not put all its prospects into tourism, like neighboring Thailand. And it's really trying to power forward in the direction of countries like Korea or Singapore.
Hy vọng bạn vẫn hiểu được tiếng Việt. Bạn muốn VN giống như Thái Lan là thiên về du lịch, đấy tưởng là hay nhưng ko phải vậy. Kinh tế 1 nước muốn vững vàng thì cần nền sản xuất chứ k phụ thuộc du lịch vì rất rủi ro. Ví dụ điển hình là Sri Lanka vỡ nợ khi nền kinh tế phụ thuộc hoàn toàn du lịch và k thể sống sót qua 2 năm covid. Du lịch rất tốt nhưng nó chỉ nên chiếm 1 tỉ lệ nào đó thôi
@@PinkPartner-zn8tl không đọc được tiếng Anh thì bạn google dịch nhé. Ý người ta là không muốn Việt Nam cho đặt tất cả triển vọng vào ngành du lịch " did not put all its prospects into tourism" . Cố gắng làm việc, làm giàu cho chính mình, dân giàu nước sẽ mạnh.
With strong economic growth, Vietnam is believed to be one of the fastest growing countries in the world. Vietnam has become one of the biggest producers of rice, coffee and pepper in the world. Vietnam continues to flourish standing firm on the sustainable agriculture, which obviously sets Vietnam apart from China.
Good point, while China manufacture sector had grown, their agriculture remains lacking. This is why China relies on importing food from other countries.
@@blitztt94 China's grain self-sufficiency rate exceeds 95%, and China's imported grain is mainly used in industries, such as brewing, animal feed, etc.
@@herondesign4507 That's just grain tho. China still heavily relies on importing food (soys bean, pork, beef, milk, formulas...etc) to feed it 1.2bil poplulation.
Is Vietnam not developing agriculture because of this? Funny thing is that in order to do economic development, it is necessary to acknowledge that they are a poor country and not to rely on trust, humility, and other countries.
The only alternate of China is other parts of China (Central and Western China). Vietnam doesn’t have all raw materials needed to be a manuf giant. It relies on all semi knocked down parts sent from China to Vietnam, gets assembled and ships with Made in Vietnam sticker. Making show and Tshirts are good but can’t make economy so sound. Vietnam definitely has done well but No one can beat China in almost 90% of the products. Atleast for the next 40-50 years.
Vietnam will become Singapore or South Korea? is this real? What kind of political system does Vietnam implement? Is Vietnam's legal system perfect? What happened in May 2014? Will this happen again in the future? Hehe, maybe Vietnam's desire to be Singapore or South Korea is just a dream that will never come true. hehe
Yes agree, also world has benefited greatly due to cheap products at scale from China. In fact China is so indebted as a result because of the subsidies given to businesses. I don’t think any country can match that nor should it try to.
@@moonlaid2689 not really sure what upset you. America has greatly benighted from subsidised Chinese products. They have failed to invest in the right things
@@moonlaid2689 Chinese corporate debt is extremely high, this is mostly due to state run Companies, which are essentially backed up by the Government. This is good for importers who essentially get subsidised products at huge volumes from China.
@@moonlaid2689 yes, they are doing a gradual rebalancing now to decrease the debt. It’s important they execute the rebalancing properly as many things can go wrong.
Almost all clothes and shoes manufacturers have left China long ago. But if you look deeper, a lot of the materials still come from china and many factories in Vietnam are owned by the same click as in China.
I'm vietnamese and i have to say: it's nearly impossible to be the next China. Not only china can provide 10 times bigger labor force, it have resources, raw material and technology to turn these into component used in ihe industry. Years of being world's factory have left them with skilled labor, automaton that Vietnam simply doesn't have (yet?)
@@QN14Vlog tìm cho tôi ngành gì không nhập nguyên liệu TQ vào đây, hay lại công nghệ lõi phân lô bán nền? Ngay cả ngành xuất khẩu hàng đầu như may mặc cũng phải nhập kim máy may, điện thoại bkav cũng gia công lại chip, bo mạch,... Của TQ, ngay cả cái nhà máy Samsung ở Bắc ninh cũng nhập nguyên liệu từ TQ.
what the fuck are you talking about? You know nothing, Most of the foreign investments in Vietnam are from South Korea, Japan, Taiwan, and Singapore. China is nothing close to those countries.
I just left a similar comment. Met an American with business in China and they opened up in Vietnam to finish final assembly to circumvent the tariffs 😆
From population, country area to economic size, our Vietnam cannot be compared with China. Therefore, it cannot become the next China. China has the most complete economic scale. China is very admirable.
As a Chinese who have stay in HCMC for more then 3 years, most vietnam people I met have never treat China as their target, vietnam shoud be next japan, next Korea, vietnam is aim to be a developed country.
Vietnamese are smart and hardworking. I believe Vietnam will soon become an upper middle income country. But it is still difficult to become a developed country. Because Vietnam's recent rapid development is due to the transfer of mid-to-low-end industries from China. It is impossible to become a high-income country by relying on middle and low-end industries. If you want to become a high-income country, you must have high-tech industries, and no country will transfer high-tech industries to Vietnam. It is difficult for Vietnam to compete with Europe, America, China, Japan and South Korea in high technology with its own efforts. The current rapid development does not mean the permanent rapid development. This is the middle-income trap encountered by many countries.
Bạn thật sự nqu dốt Việt Nam là nước tự phát triển được 5G và đang phát triển công nghiệp ô tô bạn nghĩ đó là sản xuất cấp thấp sao ,đừng nghĩ chỉ có bạn mới biết dùng đầu óc
@@Hoaquason_93 5g do nước ngoài chuyển giao Việt Nam nào tự phát triển? Còn xe oto thì mua dây chuyền robot và nhập linh kiện về ráp chứ sản xuất được bao nhiêu phần trăm? Việt Nam sản xuất được dây chuyền robot đó chưa
To be fair, China is not even considered a developed country yet. Rich, but not developed, just like India. And USA should have been listed out of developed country already, it is just a title btw. Vietnam wont be as rich as China, but due to recent events, and undeniable strategic position, as well as meutral stance between china vs the west, vietnam can rise to the top of 3 of ASEAN, which is currently Thailand, Indonesia and Singapore. She is already the biggest economic partner target of Japan, and soon the europe. China is number 1 power in asia, but i really dont understand all stupid politic drama that leads china to be hated by many, if china keep trying to shoot herself in the foot, by threatening neighbors and the world, strengthen opponent alliance like us-japan-korea, soon she will find herself contained and surrounded, just like Russia. Very rich but stupid and arrogant, china!
Manufacturing by Country share China 31.63% United States 15.87% Japan 6.52% Germany 4.78% India 2.87% South Korea 2.71% Russia 1.83% Italy 1.8% Mexico 1.69% France 1.65% vietnam is no where near
People just don’t realise that China is actually transferring its low to mid end manufacturing to South East Asia mostly to Vietnam and they are now focusing on more value added high tech exports especially in the hardware side , I think Vietnam must aim higher instead of focusing on shoes and apparel which any low income economy can do in a span of few years , at least India is going and doing well in the space of tech cause present and future will be all tech
Vietnam's population is way smaller than China's, Vietnam cannot become next China. We would rather aim to be next South Korea or Taiwan, it's a better right path
@@celine7511 my company is a major motor manufacturer- not low technology at all. I found nothing about Tesla opening up a facility in China but if there was discussions, it would be a factory to build vehicles for the China market. Cars are typically build in facilities in or near their selling markets. Seems you just might not know much about cars.
@@linhphieu7881 when they say “next China” They mean economic growth, not the size of the countries economy. Only US and India are or could equal China.
China's rise was not because of US help, but because of its policies, including opening up to the world. To sustain its economic growth, China is focusing on cutting edge technologies, such as AI, 5G and Quantum Computing. Also, one should not forget that China is leading the world in renewable energy technologies and EV manufacturing.
Nah, Vietnam doesn't need to be "China" in term of economy. It needs to be second to China who will likely become number one soon. Historically, Imperial Vietnam has been around second or third economically during the ancient times to medieval periods because it was extremely rich due to trade with Imperial China. In the list of tributary states, Imperial Vietnam was number one to China, and Chinese emperors were persuaded by Chinese mandarins that China had been suffering huge trade deficits with Imperial Vietnam. It is ironic if you compare the history and current time.
Lol now that you mention it, I couldn't help but laugh at how hilarious it was. Especially the Qing era, China was way too generous towards Vietnam: like how Qianlong - (Quang Trung's secret lover/crush 🤣) just simply gave a shit ton of money or valuable commodities (gold, ginseng, pearl, rare animals,...) to Vietnam on a daily basis, Vietnam's emissary always earned much more in return everytime they came to China for anual tribute event in this period, thanks to Qing corrupt officials like Heshen or Fuk'anggan :))
Even Vietnamese merchants import a lot of Chinese products to sell them in Vietnam. Chinese ones are not only cheap, but also diverse in shape/form, and also consistently reliable. In contrast, Vietnamese products may be good in the 1st shipment; but the 2nd, 3rd... ones are of bad quality.
Nike comes from a shoe factory in Taiwan called "Compal". This factory has grown in China for 20 years. It moved to Vietnam a few years ago and is headquartered in Taiwan. Similar to Foxconn, the Apple foundry, it used to be a small factory. After moving to China, it became a super foundry with the development of China's economy.
India can’t do better than Vietnam. Vietnam is 10 times smaller in population and land mass than India but exports almost similar value of manufactured goods to the world like India does. And yes , remember Vietnam doesn’t export diamonds , steel raw materials and software in which India leads. Still I rank Vietnam more strong in manufacturing
Small countries start faster. But large countries can build momentum. India will become the superpower. Then it controls the trade. Vietnam has no qualities to become a super power. It will rise to middle income and be trapped in middle income.
@@parsvishal Because of two reasons. India still makes it difficult for foreign companies to do business. The second is that a lot of the factories in Vietnam are owned by Chinese companies, to get around tariffs and for cheaper labor.
@@parsvishal i agree with u. Vietnamese govt alway copy China's policies (of course workable ones). And with the same cultural background, Vietnamese can copy China's development. Meanwhile vietnam work well in education.
Though *VIETNAM* 🇻🇳 is quoted as s competitor for my country *INDIA* 🇮🇳 in 5th Industrial Revolution , I wish Vietnam grow much faster as they suffered a lot like in the past . *INDIA* 💘 *VIETNAM*
labor skills and knowledge are also one of the key factors for economy growth...majority of china's newly graduates are more competitive enough to think of new ideas and know how when it comes to business development....
No, not even close. 1) They are 2 entirely different sizes, China has the huge domestic market and supply chain to be self reliant, Vietnam can only hope to be a small cog in the global supply chain. This mean they will be at the mercy of multinationals, who will always siphon profits away from the country, and just exploit it for the cheap labor. 2) Vietnam since it's founding has been at war constantly, peace was only achieved in 1991 when China and Vietnam stopped the border wars. This means Soviet help during the cold war were in military supplies. Vietnam never received any Soviet heavy industry. Which means Vietnam's growth is VASTLY different from China's growth in the 1980s, China had a robust heavy industry, the heavy industry is the foundation of an economy, without it, an economy relying on textile industry and electronics assembly cannot grow beyond middle income country status.
Hey Mr .50 RMB, If you want to be that specific, India is the next China. India is projected to be the fastest growing economy for the next several years (not including low population countries). But Vietnam is doing that China is and is where China was 15-20 years ago. It is also competing with India fastest growing for the next several years. You’re “Vietnam is at constant war” is total Chinese propa. Expect nothing less from Mr 0.50 RMB (五毛). It’s been at peace since China invaded in 1979 and it has had a stable and fast growing economy for a couple decades.
@@Homer-OJ-Simpson China in 2002 had manned spaceflight, can Vietnam do that? China in 2002 can make pretty good machine tools can Vietnam do that? Vietnam is nowhere near China 20 years ago. It's funny how you call someone names, just because I said some facts, if you are so lazy as to not even bother to check the fact that China Vietnam border war continued to the 1991, then you need better internet connection.
In short, Vietnam never want to be next China, they just don't want to and their value of life is also so different. Well done to China for their achievements, Vietnam will head to their own course.
@@이준호-l7p you can imagine if Samsung put their manufacturing factory in Korea or somewhere else with high-income labors, the phone when it's releases to the market, its price it's gonna be so high, that's why Korea needs international labors with less-income compared to them from developed countries that they are working for their country.
@@lovelyw5460 you're wrong, no offense. obviously, Samsung they put their production lines in Vietnam for reasons, first cheap and effective-performance labors, and Vietnam is know for international companies favorite destination, and the Vietnamese really good at Korean Proficiency - TOPIK, and English. One more over 200,000 people is the number of Vietnamese in Korean, and reverse. And Korean and Vietnam has close relationship, similar culture compared to some countries. Besides, Clothing and shoes such as Nike and Adidas, and some brands also put its production factories here in Vietnam.
@@herondesign4507 you're vietnamese or me ?. I know my country better than you. Don't try to put words in my mouth, do you understand? TOP 3 investing in Vietnam including: Sing, Korean, Japanese and Chinese are only in TOP 8. Don't try to stuff China in to make them stand out. China isnt important to us.
@@twist777hz Yes. Currently, we are investing in infrastructure in Hanoi in parallel with HCMC. Currently HCMC is invested more to link seaports. Most Vietnamese businesses or startups will invest or open a business in HCM rather than Hanoi for many reasons. So in the future HCMC will be the financial center of Vietnam, competing with Shenzhen, China
As an Indian, I would say Vietnam can't become next China...a lot of companies coming out of China not only go to Vietnam...they go to Philippines, India, Indonesia and Bangladesh too....even African countries are also developing...so no one country can become a next china...even china can't be china anymore...the days of it being the world's factory are almost gone...china enjoyed that status for a short period of time when many countries were still under developed or just started developing and developed countries needed a factory...that's it
@@kristsanjaya1109 I mean the foreign companies are not enthusiastic enough in investing in China as they used to...and even many developed countries are not freely allowing them in to invest anywhere in their countries...that's why I am saying that China will the title of world's factory within a decade....but no country will get that title
for context, Vietnam's population is roughly 99mil, which is comparable to Japan's (125 mil) and doubled that of Korea (50 mil). Similar culture (all in Sino-sphere). The potential is undeniable!
What they don't know is that these stuff are actually made in China. But to circumvent the US tariff, the Chinese stamps them Made in Vietnam and then ships them over to Vietnam through an underground network in Guangdong, which is just beside Vietnam. There is no way Vietnam could churn out all these things all at the same time. When billions of dollars are at stake, expect the most creative ways people do to keep the money flowing. Come on now. You're not that stupid to believe this are you?
@@Homer-OJ-Simpson While developing high technology, China is also competing for high-profit industries. It is normal for low-end industries to move to Vietnam. Have you seen Chinese factories in Vietnam? Americans deceived Vietnam and made Vietnam stand against China.🤣
The US and Vietnam custom know this and work together to catch them. Once get caught, they give them a heavy fine and force them to close. They do it quietly and don't broadcast to the media.
@@globalnetizen956 Chinese companies should cooperate with Thailand and Philippines than Vietnam a hostile country. Settle the border dispute with Philippines
Hey Uptin! I love your videos and I wish it was a little longer in length. I think the topics you address are very relevant, and I think there’s more you can share with us on the topic 😊
Người dân Việt Nam rất thân thiện và miến khách , Việt Nam có nhiều món ăn ngon nữa :)) th-cam.com/video/NV35O8H6110/w-d-xo.html Mong các bạn đến Việt Nam 🇻🇳
As a chinese，I have to admit that there is great potential for vietnam. vietnam 's culture is very similar to East Asia's culture. they are hard working，disciplined，place high value on education. it is very easy for them to receive the transfer of the industry ，technology and investment. plus，the west countries is relatively friendly with vietnam.
Vietnam will never replace China completely, Vietnam is too small, too undeveloped, not enough population. The one country that will become the next China is probably more India, if they can sort their sh*t. Also China got a lot of raw materials needed for some manufacturing whereas Vietnam really doesn't. But if Vietnam can grow its economy to become a well-developed country, it will be one more win for the East in its war against western dominance.
Indians are more active in politics. Different to China. Labor laws in India are/would be stricter. Vietnam almost same as China. But lacks the population.
The indian government understands this and is doing their best. Iphones today are made/ assembled in india. India is second largest mobile manufacturer, second largest steel manufacturer, world's largest diamond exporter, and ofcourse the IT sector continuing to grow. Also now india is entering into semiconductor manufacturing. Etc. We have been sorting out sh*t. And there are many political challenges. Being a democracy it will take time but the growth will be slow and steady. India has made great investments in green energy sector as well partnering with germany. Transportation network and other infrastructures continues to develop.
Investors are finding themself in a place that has cheap labor, a stable economy, a neutral government and good relationship with US-EU-RUSSIA-CHINA & rest of the world, of course even though it could not threaten US because of its geography & population size compared to CHINA scale, so far they decided Vietnam could be the next country to invest that fit their requirements.
That province has 130 million of people and it is like the most industrialized province in China lol. This is the most ridiculous comparison I've ever seen.
Well in the long future, maybe after this pandemic lockdown, see who is the stone age country lol. Vietnam is not facing what China has been facing, the aging population, the fake GDP grow, the economic bubble, real estate bubble, damage infrastructures, food insecurities,...I think Vietnam actually try to stop hungry Chinese to come to our country to find jobs lol. Are you that delusion? I feel pity for you bro. I am actually mixed, I have relatives in Southern California and Paris, so actually, I gave a fair assessment for each country here. I don't hate China but the CCP is the main enemy here. You are stupid and very ignorant to say those racist thing about Vietnam in the first place! Please educate yourself!
I'm so happy and proud for the Vietnamese people. I'm from the Philippines and some of my relatives have migrated and married Vietnamese nationals. I've taught a lot of Vietnamese students to learn English and I can say that they are determined people. You can really feel their competitiveness and I like that from them. I have a lot of good friends in Vietnam and will fly there soon to accompany my best friend which is a Vietnamese. These people have strong sense of patriotism and I couldn't be prouder than seeing my students grow to become successful players in their respective niches. The thing that the Filipinos, my countrymen, can learn from Vietnamese will be to have a strong sense of patriotism, nationalism, and unity. Their GDP has surpassed the Philippines today. Vietnam may be the next Korea or Taiwan in the future if things go smoothly as planned. Although the country is a new player in the field of electronics and manufacturing, once the Vietnamese children become competent and competitive people in the future then it will only take years for them to study the technology of neighboring countries and apply those learnings through a hybridization process. The Philippines should learn better from this rising tiger. It will only take an amount of time for their GDP to surpass its neighboring developed nations.
I love your video tho. However, as a proud Vietnamese, I don't feel comfortable when hearing people say we are becoming the next China. We're striving to build our nation greater as we should, not to be the next China or the next Japan or Korea.
I 100% agree with you. As a Vietnamese, I can’t say Vietnam is going to be the next China. Vietnam is now an independent country, and there is nothing to change about it.
Vietnam is a filler for India to be the next China. A billion people need to be replaced by a billion not by 95 million. The bottomline is that India is going to have it's way with the manufacturers to produce in India as it's people growing richer, the only way the manufacturers will be able to maintain growth is to sell to the next billion people and for that they will need to move to making in India. And for the manufacturers that don't want to move, oh well, it's just a matter of time.
In that case I do think manufacturing from China will be replaced a group of countries, not just one. The next China isn't just one country, but multiple, since it's hard to replace 1 billion people. Bangladesh, Vietnam, India, a few east african countries maybe (?). The next age of manufacturing will be more decentralized
@@trendymadness5159 Building at economies of scale requires a large middle class to consume those goods. If that huge indian middle class votes to push companies to make in India to sell in india just like China or Us has done before there’s nothing that can be done. The market always wins.
That is mainly because China now relabels them as Made in Vietnam or ships 90% of the finished product to VN and have it completed there so it can be labelled Made in Vietnam.
I am Chinese. I bless Vietnam. Vietnam has hardworking and smart citizens and an efficient government. Vietnam should succeed. Since it has the same cultural genes as China, I think I will go to Vietnam to play when the epidemic is over.Vietnam's economic development is good for China, because it is right next to China, so it can easily import parts and raw materials from China to assemble products for export. Just like China doesn't care that South Korea and Japan are getting more and more developed, both East Asian countries, the more developed they are, the more helpful China's economy will be. This is determined by geography. Look at the South Asian countries. If one of the South Asian countries rises, the economy will certainly lead to the rise of the other South Asian countries.Of course, some industries in each country will compete with each other, but healthy competition can promote the economic prosperity of the entire region.
Free those journalists in vietnam now Tran Huynh Duy Thuc , Pham Chi Dung , Nguyen Tuong Thuy , Pham Chi Thanh , Can Thi Theu , Le Dinh Luong , Truong Minh Duc , Nguyen Trung Ton , Pham Van Troi , Hoang Duc Binh , Tran Anh Kim , Pham Van Diep .
No ! I am Vietnamese who lives in the West . I don’t agree with you. ! You don’t know Vietnam. You just follow the propaganda of the West. I believe Vietnam has the good reason to keep them in prison.
Vietnam is definitely on the up and up, but realistically it's more like "the next Korea" than the next China. China is a massive entity that no country (not even India) can compete with re its industry, labour force, infrastructure, and centralization. Even then, Vietnam hasn't been really "tested." It could very easily fall into the middle income trap.
as a Chinese， i think if you want to discuss will Vietnam become next china.. you need to know what china is. Is China a country that only produces shoes and clothes? nah..China actually has many high-tech companies，Apart from high-end chips that cannot be produced in China, I can't think of anything that cannot be produced in China（And high-end chip technology will be mastered by China sooner or later） china have huawei xiaomi OPPO vivo 1+ Alibaba baidu tencent dji byd and so many other hi-tech companies.China can produce everything from the space station to high-speed rail and what Vietnam has? The production of clothes and shoes can easily be transferred to places with lower wages, but high-tech production is not easy to lose. Unless Vietnam has its own high-tech enterprises, I don't think Vietnam will become China, but fall into the middle-income trap
From population, country area to economic size, our Vietnam cannot be compared with China. Therefore, it cannot become the next China. China has the most complete economic scale. China is very admirable.
Tôi là người Việt Nam, đúng là trung quốc rất mạnh về mọi mặt , và chúng tôi những người Việt Nam chỉ mong đất nước ngày càng giàu mạnh cả về quân sự lẫn kinh tế có thể sánh với Hàn Quốc, Nhật Bản mà không cần phải vượt qua Trung Quốc làm gì cả,
@@atvlog4737 Now the problem is: Japan and South Korea's high-tech industry is also being eroded by China, so Vietnam can't get around China if it wants to become Japan and South Korea. In other words, at least in one area, defeat China before becoming Japan and South Korea.. Is there such a high-tech field in Vietnam?
Really the Chinese phone was a Chinese I can tell you, Chinese phone come with American processor American (example of Qualcomm), American softwares (Android), Korean display (Samsung LED screens), Korean/ Japanese camera (Sony and Samsung should be make camera for smartphone companies), Japanese batteries (Panasonic just for example),. And manufacturing on foxcon (Taiwanese). Still you thinking oppo Vivo xiaomi was Chinese I think you should do little bit research. Yoku (youtube)weibo (copy of Facebook Twitter), lots of Chinese company was sh*t logon copy design (nothing was original)
cause it fought a massive war with the usa till 1975, and had a embargo on it with the USA till 1995, the hell is you're point? Vietnam already exporting its cars to Canada and USA and ISrael starting this year. It is producing cars already! within 4 years of setting up the company.
I think that if everything moves from China to Vietnam it is in danger of becoming as ubiquitous as Made in China today and a case of putting all your eggs in one basket; it's that the basket is going to be Vietnam instead of China... An ally of the US; they were at war with them for years... I think that apart from corruption, Vietnam's biggest problem is most of its industry is foreign owned so profit goes abroad. I think Vinfast will be good 👍 for Vietnam's economy as it's a home grown company; I wish them luck with making cars in Vietnam; if they can deliver high quality products then good 👍 luck to them!
Most definitely, the people are extremely hard working and are skilled artisans and craftsmen, and many International Boat builders have relocated to HCM City, for this reason, the boat build and cabinetry is far superior to that in Europe or the US.
As a Vietnamese In very proud of my country and the people of Vietnam two thousand years of resisting China, and 100 years of colonial the French have taken everything from us we rise and defeated France then 32 years of war with the US carpet bombing agent orange after united the country war against Khmer Rouges, China and US embargo till 1990. I remember my uncle living in England come to visit us for the first time I was only 5 years old he look so different more healthy he looks so much different from other Vietnamese at the time my father was skinny because we can barely afford food looking back it bring tear to my eyes. Now we live well eat well big house few cars and motorbikes yes Vietnam is still developing we will go from making clothes and shoes to much bigger and better high-tech products in the future because we are hard working and resilient
I wish Vietnam would cooperate with India more instead of China. For me, Vietnamese people in my heart think that Indians are quite smart (it can be said that they are as smart as China if they are well educated). Simply now I see that they are limited by customs, culture and the divide between rich and poor and education. Hopefully they will develop well and Vietnam will cooperate more deeply with India to fight China. I never expected China to grow but I do hope India will.
Living in Hanoi, I can see the slow improvement in living standards over the years, but wandering around a luxury shopping mall in HCMC is a very false standard to judge the growth in the middle class. I lived in Bangladesh for 5 years and Dhaka is full of luxury malls but is still super poor. Use a better indicator.
If Vietnam wants to continue to prosper Vietnam must have its own branded products. and is accepted internationally Not just contract production like today. The future if salaries and incomes of Vietnamese workers increase Foreign companies or factories had to move the production base to a new country to reduce production costs
Nice video. This year has been an amazing for a lot of Vietnamese companies exporting seafood, fertiliser, chemicals,... their profit increased a few times already
aren't those Vietnamese manufacturing industries owned by the Chinese? also Vietnam has a fraction of resources China has to fill its place at all. but the good outcome here is that poor countries like Vietnam and Cambodia are benefiting by this.
Much of the manufacturing in Vietnam is owned by Chinese companies and cross-border supply chains often obscure where products are actually made (i.e. most of Ford is built in Mexico, but qualifies as a domestic car brand because it's finished in the US). Is Vietnam's economy surging due to manufacturing within its borders: yes. Is China losing because of that: not really. This nuance was missed by Trump who failed to realize that China avoided tariffs by rearranging logistics to disguise the origins of products. He, like many people, failed to adequately understand globalism. Still, as China becomes post-industrial, cheaper, more labor-intense jobs will move outside China, preferably close by. That's why I don't think Vietnam will be the next China because it's like saying Mexico will be the next US; both trade relationships are subservient in nature. What will happen in Vietnam will be what happened in Mexico since NAFTA: in general, the economy/wages will grow, the middle class will blossom, and standards of living will increase.
Vietnam is as similar to china compare to US and canada. US and mexico is quite different. Even that I don’t think vietnam can replace china as vietnam is much smaller than china.
You know nothing, Most of the foreign investments in Vietnam are from South Korea, Japan, Taiwan, and Singapore. China is nothing close to those countries
@@easonhuang7117 We're talking about foreign investments, setting up factories and not importing materials or products. I guess you don't know the difference.
@@janchxxheonczsekk6412 Factory in Vietnam almost all rely on input from China to produce. Samsung Vietnam still imports electronics from China no matter who invested them.
With the communist regime in China currently, it can only hurt business activities for foreign companies established there. From slave labor to sanctions to the theft of intellectual properties, it's not attractive for companies to establish manufacturing considering the challenges and the distance the merchandise has to travel. India and Vietnam are better options.
@@simpmaster7995 is that the reason your country took over india in terms of per capita income even though in 2012 you guys were half at our level. See ik bd has problems but your trends of growth perspective 📈📈 whereas India's is 📉📉📉. We literally lost 200 million into poverty in 2020. Before 2020 we saw the worst unemployment rate at 6% highest in 45 years growth Lowest at 4%
Quite superficial. Read China's 14th five year plan and understand today's achievements. This is not determined by the population, industrial scale or the transfer of foreign companies. Vietnam may become the next Japan, South Korea or Singapore.
@@r211ose6 Việt Nam không giống với Thái Lan, nếu bạn tìm hiểu những kế hoạch mà chính phủ Việt Nam đặt ra và đang thực hiện nó, bạn sẽ có cái nhìn khách quan hơn về Việt Nam. Mục tiêu của Việt Nam không phải là công xưởng thế giới, Việt Nam đang học hỏi sự thành công của Trung Quốc trong ngành kinh tế số. Mục tiêu ngành kinh tế số chiếm 30% GDP (~ 250B$). Ngoài ra nguồn năng lượng tái tạo của Việt Nam hiện tại đang bị thừa do quá nhiều dự án năng lượng tái tạo đã và đang xây dựng. Mục tiêu chúng tôi hướng tới là xây dựng nền tảng cho cuộc cách mạng công nghiệp lần thứ 5, không phải 4.
Free those journalists in vietnam now.. Tran Huynh Duy Thuc , Pham Chi Dung , Nguyen Tuong Thuy , Pham Chi Thanh , Can Thi Theu , Le Dinh Luong , Truong Minh Duc , Nguyen Trung Ton , Pham Van Troi , Hoang Duc Binh , Tran Anh Kim , Pham Van Diep .
We believe Laos is going to be the next China. Laos could make every shoes, shirts, wallets with the now opened high speed corridor between China and Laos.
Nah😒, I’m sure Vietnam will never become a second China even if Vietnam became a rich country or the populated country The appearance may be similar, but inside two of them are different Different culture, history, language, traditional food, traditional clothes But they are neighbors so they have been fighting with each other a lot like Thailand and Myanmar in a long time ago If Vietnam really are a second China then they must have the same culture, history, language, traditional food & traditional clothes
Vietnam is a replica of China. Aside the figures, let's be more realistic and focus on facts. Please be reminded that facts never lie. Up to these current days, I really do not know why the outsiders are so fascinating about VN economic growth even under the experts' view such as the articles of Bloomberg, Financial Times, Hong Kong Shanghai Bank, IMF, WB. Some dare to name VN as an " economic marvel " of the world. Very astonishing, as I am living in VN passing my youth through the dirty war and, more over, never an instance in my life, I have quitted my mother land even for travel purpose. Thus, as a matter of course, I profoundly know my people, the political and economic system of the past and in this moment in time. Let's consider the actual facts ( Oct, 2022) : a) the whole country is facing shortage of gases, fuel of all kind; b) bank run ( Saigon Commercial Bank ) founded by the being imprisoned top tycoon of VN, madam Truong My Lan, landlord of Van Thing Phat real estate conglomerate; c) as a result, 800 affiliated companies in relation with the said conglomerate have been in the state of being frozen under police orders; d) USD and gold price are skyrocketed at the point of 700 USD much higher than that of the international trading price, e) the stock market is now stagnated, the VN index is down to the lowest point; f) bank interest rate is spectacularly going up, and no more credits issuances; g) continuously, big tycoons and high ranking officials lined up into custody; h) galopant inflation, i) impressing spread of corruption, prevarications, malversations ; g) burst out of real estate bulble; k) shortage of medicaments and medical facilities and so on, . . . Is that the sign of a " star " in South East Asia, as per some occidental media's appraisal ? Even a prestigious media like BBC stated about the coming golden era of VN. Really strange, are they stupid or do they aim at another political target ? Or the propaganda of Vietnam works so well ?
Vietnam and Philippines would be next world factories, for the decades to come, because China labor cost is not longer suitable for low-end manufacturing. India also has potential but the strange thing is that when China served as world factory, India had the same chance but never taken. So it will not be a surprise when India lose the chance again.
As a Chinese, I sincerely wish Vietnam to get better and better, no country should become the next another country, Vietnam is Vietnam.
As a Vietnamese decent, I apreciated your kind wishes!
but i think vietnam is walking on a really similar way like china
Thank you!
格局打开
As a vietnamese I love you
There's one thing you don't seem to understand. We Vietnamese are not on the side of the US or any other side against a third country. Vietnam we are self-reliant, self-sufficient, always fighting for the right, and the interests of the nation!!! But we also thank the US and other countries that are and will cooperate with Vietnam in all fields in the future. thank you !
Wishful. VN desperately need the US markets to buy its manufacturing. VN is not unique in this as all Asians countries are like this.
Hung, VN foriegn policy in regards to US and China is difficult likes walking on broken glass. China is always a threat to VN since its founding, as I said to my American friends.The American war occupied 1 page in Vietnamese history book, French war 2 pages, the rest of the history book filled with struggle against Chinese.
No matter how much human power, can not wage a war without technology, whatever reason China may takes on Vietnam , Vietnam will depends in the West for weapons, US foreign policy could change rapidly every new administration.
I was there in 70's and 80's, the country was in the verge of famine. When went out to eat, there were peole wait to eat your leftover right behing you.
1995 US established relationship with VN, I went back in 1997, Saigon was exactly when I left 1981.
Other SE Asia can replace Vietnam's manufacturrings.
VN doesn't have any product and skill the world must have. Without US opened its door, VN condition would not be better than N..Korea.
@@mfamily3301 sadly but true
@@JL-yt5hy 美国自己的工人不生产衣服，只能从其他国家进口。美国从越南进口，而不从其他国家进口，是因为越南本身具有竞争力。越南的政治是稳定的，年轻劳动力多，而且勤劳。越南与中国很近，实际上大量的中国人在越南开工厂，把技术和面料输送到了越南，其他地区国家缺乏这个条件。
中国和越南的双边贸易也在快速增长。
越南也生产很多电子产品，但是很多零部件都是从中国进口的。
希望越南发展得越来越好。越南保持中立是正确的，如果成为美国攻击中国的棋子，那么越南就处于危险之中。当然，越南人不会这么笨。
Vietnam doesn't need to become the WHOLE of China. It only needs to replicate the success of Guangdong in the Mekong Delta, with HCMC being the equivalent of Shenzhen.
Người dân Việt Nam rất thân thiện và miến khách , Việt Nam có nhiều món ăn ngon nữa :)) th-cam.com/video/NV35O8H6110/w-d-xo.html
Mong các bạn đến Việt Nam 🇻🇳
Yep you just gave an idea for free haha
@@HaoNguyen-lc6yf love vietnam from china
I think Vietnamese should protect the country's financial sovereignty and prevent wealth from being robbed by dollars. The intelligence of Vietnamese is much higher than that of Indians, and they are more industrious. When China develops high technology and competes for high-profit industries, Vietnam accepts some industrial transfers from China, which is a very good cooperation. Vietnam and China are countries with similar cultures, I think China, Japan, South Korea and Vietnam all have the same culture in essence, but our scales are different, so no one can replace anyone.
Never have chance
Because as a dog of usa 🇺🇸,which don’t want 🇻🇳 Vietnam to develop very well
I was born in Vietnam, though I am a citizen of the USA. It depends upon what you mean by that slippery term 'Next China.' Will it be a threat and major economic player on the world stage? No. It's too tiny. And that would be expecting a flyweight to duke it out among heavyweight contenders. But its position has been secured by being a niche player in manufacturing. And it will continue to move in that direction. I'm just glad that Vietnam did not put all its prospects into tourism, like neighboring Thailand. And it's really trying to power forward in the direction of countries like Korea or Singapore.
Hy vọng bạn vẫn hiểu được tiếng Việt. Bạn muốn VN giống như Thái Lan là thiên về du lịch, đấy tưởng là hay nhưng ko phải vậy. Kinh tế 1 nước muốn vững vàng thì cần nền sản xuất chứ k phụ thuộc du lịch vì rất rủi ro. Ví dụ điển hình là Sri Lanka vỡ nợ khi nền kinh tế phụ thuộc hoàn toàn du lịch và k thể sống sót qua 2 năm covid. Du lịch rất tốt nhưng nó chỉ nên chiếm 1 tỉ lệ nào đó thôi
@@PinkPartner-zn8tl không đọc được tiếng Anh thì bạn google dịch nhé. Ý người ta là không muốn Việt Nam cho đặt tất cả triển vọng vào ngành du lịch " did not put all its prospects into tourism" . Cố gắng làm việc, làm giàu cho chính mình, dân giàu nước sẽ mạnh.
@@ethanhunt6763 vietnam is vietnam, not china b you****
"It's too tiny"? How about Japan and China? Japan is just a little bigger than Vietnam. Nothing is impossible. Who knows what happens in the future?
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With strong economic growth, Vietnam is believed to be one of the fastest growing countries in the world. Vietnam has become one of the biggest producers of rice, coffee and pepper in the world. Vietnam continues to flourish standing firm on the sustainable agriculture, which obviously sets Vietnam apart from China.
Good point, while China manufacture sector had grown, their agriculture remains lacking. This is why China relies on importing food from other countries.
@@blitztt94 China's grain self-sufficiency rate exceeds 95%, and China's imported grain is mainly used in industries, such as brewing, animal feed, etc.
@@herondesign4507 That's just grain tho. China still heavily relies on importing food (soys bean, pork, beef, milk, formulas...etc) to feed it 1.2bil poplulation.
Is Vietnam not developing agriculture because of this? Funny thing is that in order to do economic development, it is necessary to acknowledge that they are a poor country and not to rely on trust, humility, and other countries.
is this a lip service from some ngos?
The only alternate of China is other parts of China (Central and Western China). Vietnam doesn’t have all raw materials needed to be a manuf giant. It relies on all semi knocked down parts sent from China to Vietnam, gets assembled and ships with Made in Vietnam sticker. Making show and Tshirts are good but can’t make economy so sound. Vietnam definitely has done well but No one can beat China in almost 90% of the products. Atleast for the next 40-50 years.
Vietnam will become Singapore or South Korea? is this real?
What kind of political system does Vietnam implement? Is Vietnam's legal system perfect? What happened in May 2014? Will this happen again in the future?
Hehe, maybe Vietnam's desire to be Singapore or South Korea is just a dream that will never come true.
hehe
Yes agree, also world has benefited greatly due to cheap products at scale from China. In fact China is so indebted as a result because of the subsidies given to businesses. I don’t think any country can match that nor should it try to.
@@moonlaid2689 not really sure what upset you. America has greatly benighted from subsidised Chinese products. They have failed to invest in the right things
@@moonlaid2689 Chinese corporate debt is extremely high, this is mostly due to state run Companies, which are essentially backed up by the Government. This is good for importers who essentially get subsidised products at huge volumes from China.
@@moonlaid2689 yes, they are doing a gradual rebalancing now to decrease the debt. It’s important they execute the rebalancing properly as many things can go wrong.
Almost all clothes and shoes manufacturers have left China long ago. But if you look deeper, a lot of the materials still come from china and many factories in Vietnam are owned by the same click as in China.
Yes
I'm vietnamese and i have to say: it's nearly impossible to be the next China. Not only china can provide 10 times bigger labor force, it have resources, raw material and technology to turn these into component used in ihe industry. Years of being world's factory have left them with skilled labor, automaton that Vietnam simply doesn't have (yet?)
Chứng tỏ m k hiểu gì.
@@QN14Vlog tìm cho tôi ngành gì không nhập nguyên liệu TQ vào đây, hay lại công nghệ lõi phân lô bán nền?
Ngay cả ngành xuất khẩu hàng đầu như may mặc cũng phải nhập kim máy may, điện thoại bkav cũng gia công lại chip, bo mạch,... Của TQ, ngay cả cái nhà máy Samsung ở Bắc ninh cũng nhập nguyên liệu từ TQ.
Maybe the next Korea or Taiwan.
@@mrhoapro1 hiện tại thì đúng là như vậy ,nhưng thời gian chưa chắc nhé. vn đang từng bước đó
@@moonlaid2689 Singapore is a city state but Vietnam isn't.
A lot of the factories in Vietnam are Chinese owned. It’s an easy way to circumvent tariffs and lower costs.
what the fuck are you talking about? You know nothing, Most of the foreign investments in Vietnam are from South Korea, Japan, Taiwan, and Singapore. China is nothing close to those countries.
I just left a similar comment. Met an American with business in China and they opened up in Vietnam to finish final assembly to circumvent the tariffs 😆
@@terencekwong3033 điều đáng buồn
@@terencekwong3033 cant outsmart chinese people haha they always find way
@@trinhnguyenthi4090 这确实是事实，因为中国和美国的贸易战，中国很多商品运到越南换个品牌再出口，当然这也给越南带来好处。
From population, country area to economic size, our Vietnam cannot be compared with China. Therefore, it cannot become the next China. China has the most complete economic scale. China is very admirable.
one could still dream big
Nhưng cũng có rất nhiều thứ mà tôi không ngưỡng mộ
@@coolspace2786 No ant is strong enough to challenge a sleeping elephant. What s the use of hard work without innate conditions,
As a Chinese who have stay in HCMC for more then 3 years, most vietnam people I met have never treat China as their target, vietnam shoud be next japan, next Korea, vietnam is aim to be a developed country.
@台湾那点事儿 大可不必，越南人本来就没有把中国当目标，学习归学习，别人仇华反华，喜欢的都是日韩。
想的到是美，发达国家可不是靠加工制造就能实现的，
I do agree with you. I am a Vietnamese.
hy chen 是的，可能大部分人目标是发达国家，但是任重道远，比起中国，他们人口基数更有优势，就人均gdp来说可能会比中国容易进入发达国家门槛，其他另说
As a vietnamese, I agree with you. Vn cant become next China. We not have enough material res, population....Developed country is real goal.
Vietnamese are smart and hardworking. I believe Vietnam will soon become an upper middle income country. But it is still difficult to become a developed country. Because Vietnam's recent rapid development is due to the transfer of mid-to-low-end industries from China. It is impossible to become a high-income country by relying on middle and low-end industries. If you want to become a high-income country, you must have high-tech industries, and no country will transfer high-tech industries to Vietnam. It is difficult for Vietnam to compete with Europe, America, China, Japan and South Korea in high technology with its own efforts. The current rapid development does not mean the permanent rapid development. This is the middle-income trap encountered by many countries.
Bạn thật sự nqu dốt Việt Nam là nước tự phát triển được 5G và đang phát triển công nghiệp ô tô bạn nghĩ đó là sản xuất cấp thấp sao ,đừng nghĩ chỉ có bạn mới biết dùng đầu óc
@@Hoaquason_93 5g do nước ngoài chuyển giao Việt Nam nào tự phát triển? Còn xe oto thì mua dây chuyền robot và nhập linh kiện về ráp chứ sản xuất được bao nhiêu phần trăm? Việt Nam sản xuất được dây chuyền robot đó chưa
@@Hoaquason_93 ha 5g internet computers..
All of that is western product
Try to build youre own something like that
呵呵 以中国人的眼光真的不够看的
To be fair, China is not even considered a developed country yet. Rich, but not developed, just like India. And USA should have been listed out of developed country already, it is just a title btw.
Vietnam wont be as rich as China, but due to recent events, and undeniable strategic position, as well as meutral stance between china vs the west, vietnam can rise to the top of 3 of ASEAN, which is currently Thailand, Indonesia and Singapore. She is already the biggest economic partner target of Japan, and soon the europe.
China is number 1 power in asia, but i really dont understand all stupid politic drama that leads china to be hated by many, if china keep trying to shoot herself in the foot, by threatening neighbors and the world, strengthen opponent alliance like us-japan-korea, soon she will find herself contained and surrounded, just like Russia. Very rich but stupid and arrogant, china!
Manufacturing by Country share
China 31.63%
United States 15.87%
Japan 6.52%
Germany 4.78%
India 2.87%
South Korea 2.71%
Russia 1.83%
Italy 1.8%
Mexico 1.69%
France 1.65% vietnam is no where near
People just don’t realise that China is actually transferring its low to mid end manufacturing to South East Asia mostly to Vietnam and they are now focusing on more value added high tech exports especially in the hardware side , I think Vietnam must aim higher instead of focusing on shoes and apparel which any low income economy can do in a span of few years , at least India is going and doing well in the space of tech cause present and future will be all tech
There is a Chinese saying.You can't be fat with one bite.NikocadoAlso from thin to fat.LOL
🤣🤣你说的对 越南人穷志短
My company in US has parent company in Taiwan. They have moved most of their production from China to Vietnam over past 5 years. It will continue .
Vietnam's population is way smaller than China's, Vietnam cannot become next China. We would rather aim to be next South Korea or Taiwan, it's a better right path
Tesla just wanna have second factory in China, seems your company is a low technology company
@@celine7511 my company is a major motor manufacturer- not low technology at all. I found nothing about Tesla opening up a facility in China but if there was discussions, it would be a factory to build vehicles for the China market. Cars are typically build in facilities in or near their selling markets. Seems you just might not know much about cars.
@@linhphieu7881 when they say “next China”
They mean economic growth, not the size of the countries economy. Only US and India are or could equal China.
@@moonlaid2689 You forgot Pakistan and Nigeria as well, you are truly half known political expert
China's rise was not because of US help, but because of its policies, including opening up to the world. To sustain its economic growth, China is focusing on cutting edge technologies, such as AI, 5G and Quantum Computing. Also, one should not forget that China is leading the world in renewable energy technologies and EV manufacturing.
Nah, Vietnam doesn't need to be "China" in term of economy. It needs to be second to China who will likely become number one soon. Historically, Imperial Vietnam has been around second or third economically during the ancient times to medieval periods because it was extremely rich due to trade with Imperial China. In the list of tributary states, Imperial Vietnam was number one to China, and Chinese emperors were persuaded by Chinese mandarins that China had been suffering huge trade deficits with Imperial Vietnam. It is ironic if you compare the history and current time.
Lol now that you mention it, I couldn't help but laugh at how hilarious it was. Especially the Qing era, China was way too generous towards Vietnam: like how Qianlong - (Quang Trung's secret lover/crush 🤣) just simply gave a shit ton of money or valuable commodities (gold, ginseng, pearl, rare animals,...) to Vietnam on a daily basis, Vietnam's emissary always earned much more in return everytime they came to China for anual tribute event in this period, thanks to Qing corrupt officials like Heshen or Fuk'anggan :))
I find the things that I buy from Vietnam tend to be of higher quality that stuff from China.
Are you talking about Dajiang UAV, Xiaomi mobile phone or shield machine
@claren guo They don't have to compete when the stuff from Vietnam is better.
Even Vietnamese merchants import a lot of Chinese products to sell them in Vietnam. Chinese ones are not only cheap, but also diverse in shape/form, and also consistently reliable. In contrast, Vietnamese products may be good in the 1st shipment; but the 2nd, 3rd... ones are of bad quality.
@@oceanwave4502 Thanks for explaining that.
Nike comes from a shoe factory in Taiwan called "Compal". This factory has grown in China for 20 years. It moved to Vietnam a few years ago and is headquartered in Taiwan.
Similar to Foxconn, the Apple foundry, it used to be a small factory. After moving to China, it became a super foundry with the development of China's economy.
Most developing country has luxury malls. Like even countries like India, Nepal, Bangladesh, Srilanka and Cambodia
奢侈品然后呢…每个国家总有发达的地方吧…
India is the closest one, not Vietnam. It's not only about economy, but also about political influence at the world levels.
India can’t do better than Vietnam. Vietnam is 10 times smaller in population and land mass than India but exports almost similar value of manufactured goods to the world like India does. And yes , remember Vietnam doesn’t export diamonds , steel raw materials and software in which India leads. Still I rank Vietnam more strong in manufacturing
Small countries start faster. But large countries can build momentum. India will become the superpower. Then it controls the trade. Vietnam has no qualities to become a super power. It will rise to middle income and be trapped in middle income.
@@parsvishal Because of two reasons. India still makes it difficult for foreign companies to do business. The second is that a lot of the factories in Vietnam are owned by Chinese companies, to get around tariffs and for cheaper labor.
@Tomo Tomo you’re joking right?
@@parsvishal i agree with u. Vietnamese govt alway copy China's policies (of course workable ones). And with the same cultural background, Vietnamese can copy China's development. Meanwhile vietnam work well in education.
Though *VIETNAM* 🇻🇳 is quoted as s competitor for my country *INDIA* 🇮🇳 in 5th Industrial Revolution , I wish Vietnam grow much faster as they suffered a lot like in the past . *INDIA* 💘 *VIETNAM*
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labor skills and knowledge are also one of the key factors for economy growth...majority of china's newly graduates are more competitive enough to think of new ideas and know how when it comes to business development....
No, not even close.
1) They are 2 entirely different sizes, China has the huge domestic market and supply chain to be self reliant, Vietnam can only hope to be a small cog in the global supply chain.
This mean they will be at the mercy of multinationals, who will always siphon profits away from the country, and just exploit it for the cheap labor.
2) Vietnam since it's founding has been at war constantly, peace was only achieved in 1991 when China and Vietnam stopped the border wars.
This means Soviet help during the cold war were in military supplies. Vietnam never received any Soviet heavy industry.
Which means Vietnam's growth is VASTLY different from China's growth in the 1980s, China had a robust heavy industry, the heavy industry is the foundation of an economy, without it, an economy relying on textile industry and electronics assembly cannot grow beyond middle income country status.
Hey Mr .50 RMB, If you want to be that specific, India is the next China. India is projected to be the fastest growing economy for the next several years (not including low population countries). But Vietnam is doing that China is and is where China was 15-20 years ago. It is also competing with India fastest growing for the next several years.
You’re “Vietnam is at constant war” is total Chinese propa. Expect nothing less from Mr 0.50 RMB (五毛). It’s been at peace since China invaded in 1979 and it has had a stable and fast growing economy for a couple decades.
@@Homer-OJ-Simpson China in 2002 had manned spaceflight, can Vietnam do that? China in 2002 can make pretty good machine tools can Vietnam do that? Vietnam is nowhere near China 20 years ago.
It's funny how you call someone names, just because I said some facts, if you are so lazy as to not even bother to check the fact that China Vietnam border war continued to the 1991, then you need better internet connection.
@@Homer-OJ-Simpson still dirt poor in India and Vietnam after all these stable development. Good point CIA shill
Vietnam and Mexico are going to be huge manufacturers for the US
In short, Vietnam never want to be next China, they just don't want to and their value of life is also so different. Well done to China for their achievements, Vietnam will head to their own course.
Uptin, Vietnam also produces 60% of Samsung's smartphones at the moment.
Isn't Samsung a Korean company? It's pathetic to rely on companies from other countries
@@이준호-l7p you can imagine if Samsung put their manufacturing factory in Korea or somewhere else with high-income labors, the phone when it's releases to the market, its price it's gonna be so high, that's why Korea needs international labors with less-income compared to them from developed countries that they are working for their country.
@@hieu9440 No, without Vietnam, there can be India, Bangladesh and Indonesia, but without South Korea, there will be no Samsung technology
@@lovelyw5460 you're wrong, no offense. obviously, Samsung they put their production lines in Vietnam for reasons, first cheap and effective-performance labors, and Vietnam is know for international companies favorite destination, and the Vietnamese really good at Korean Proficiency - TOPIK, and English. One more over 200,000 people is the number of Vietnamese in Korean, and reverse. And Korean and Vietnam has close relationship, similar culture compared to some countries. Besides, Clothing and shoes such as Nike and Adidas, and some brands also put its production factories here in Vietnam.
@@이준호-l7p 对，三星是韩国公司，越南没有自己发达的企业…
希望越南发展越来越好
Trung quốc và việt nam mãi là hàng xóm của nhau ❤
I was born in Vietnam and I know Vietnam does not want to be the next China. Vietnam rather wants to be next Japan or South Korea.
Yes
I heard Vietnam govt wants to make HCMC like Singapore
Vietnam will never be able to reach the heights of China. The only hope for Vietnam to surpass China is per capita GDP.
@@herondesign4507 you're vietnamese or me ?. I know my country better than you. Don't try to put words in my mouth, do you understand? TOP 3 investing in Vietnam including: Sing, Korean, Japanese and Chinese are only in TOP 8. Don't try to stuff China in to make them stand out. China isnt important to us.
@@twist777hz Yes. Currently, we are investing in infrastructure in Hanoi in parallel with HCMC. Currently HCMC is invested more to link seaports. Most Vietnamese businesses or startups will invest or open a business in HCM rather than Hanoi for many reasons. So in the future HCMC will be the financial center of Vietnam, competing with Shenzhen, China
As an Indian, I would say Vietnam can't become next China...a lot of companies coming out of China not only go to Vietnam...they go to Philippines, India, Indonesia and Bangladesh too....even African countries are also developing...so no one country can become a next china...even china can't be china anymore...the days of it being the world's factory are almost gone...china enjoyed that status for a short period of time when many countries were still under developed or just started developing and developed countries needed a factory...that's it
the days of being the world's factory are almost gone ??? haha what r u drinking or what r u smoking ???
Không ai muốn làm thuê mãi.và nước Mỹ cũng không muốn một china thứ hai cả.
@@kristsanjaya1109 I mean the foreign companies are not enthusiastic enough in investing in China as they used to...and even many developed countries are not freely allowing them in to invest anywhere in their countries...that's why I am saying that China will the title of world's factory within a decade....but no country will get that title
Yup, I believe in coming decades all the nations regardless of their per capita will have a robust manufacturing ecosystem for themselves.
for context, Vietnam's population is roughly 99mil, which is comparable to Japan's (125 mil) and doubled that of Korea (50 mil). Similar culture (all in Sino-sphere). The potential is undeniable!
I have nike running shoes and they are made in Vietnam 🇻🇳
Bro i have any information please send me
This is next step journalism - I’ve been watching you for a while and you are amazing! Well done!
Vietnam's GDP rise by 13.6% in Q3 2022..
What they don't know is that these stuff are actually made in China. But to circumvent the US tariff, the Chinese stamps them Made in Vietnam and then ships them over to Vietnam through an underground network in Guangdong, which is just beside Vietnam.
There is no way Vietnam could churn out all these things all at the same time.
When billions of dollars are at stake, expect the most creative ways people do to keep the money flowing.
Come on now. You're not that stupid to believe this are you?
Stuff made in Chi but sent to Viet to ship out is but a very small percentage of what comes out of Vietnam
@@Homer-OJ-Simpson Many materials in Vietnam are imported from China, so this is a good partnership.
@@Homer-OJ-Simpson While developing high technology, China is also competing for high-profit industries. It is normal for low-end industries to move to Vietnam. Have you seen Chinese factories in Vietnam? Americans deceived Vietnam and made Vietnam stand against China.🤣
The US and Vietnam custom know this and work together to catch them. Once get caught, they give them a heavy fine and force them to close. They do it quietly and don't broadcast to the media.
@@globalnetizen956 Chinese companies should cooperate with Thailand and Philippines than Vietnam a hostile country. Settle the border dispute with Philippines
No cuz they don't have huge ppl, educated young ppl and high tec manufacturing companies.
👏👏👏👏👏👏
We don't have many but we have.
Hey Uptin! I love your videos and I wish it was a little longer in length. I think the topics you address are very relevant, and I think there’s more you can share with us on the topic 😊
Thanks so much for watching! ❤
Người dân Việt Nam rất thân thiện và miến khách , Việt Nam có nhiều món ăn ngon nữa :)) th-cam.com/video/NV35O8H6110/w-d-xo.html
Mong các bạn đến Việt Nam 🇻🇳
Vietnam folks are very fast and hard working people.
No, Vietnam is Vietnam and we're becoming better! Thank you for your video!
Never have chance
Because as a dog of usa 🇺🇸,which don’t want 🇻🇳 Vietnam to develop very well
@@pengzhang5081 why aren't you proud of vietnam's accomplishments?
@@KA-rp5uh Chinese IT Cell. Ignore them. Vietnam has made some real progress in the last 25-30 years.
Not to mention, I find the quality of products manufactured in China, to be of inferior quality to those manufactured in Vietnam..
As a chinese，I have to admit that there is great potential for vietnam. vietnam 's culture is very similar to East Asia's culture. they are hard working，disciplined，place high value on education. it is very easy for them to receive the transfer of the industry ，technology and investment. plus，the west countries is relatively friendly with vietnam.
many viets have chinese blood
Yo. Since 2005 I heard about Vietnam. They will be the next manufacturing, but not gonna be like China
Vietnam will never replace China completely, Vietnam is too small, too undeveloped, not enough population. The one country that will become the next China is probably more India, if they can sort their sh*t.
Also China got a lot of raw materials needed for some manufacturing whereas Vietnam really doesn't.
But if Vietnam can grow its economy to become a well-developed country, it will be one more win for the East in its war against western dominance.
Indians are more active in politics. Different to China.
Labor laws in India are/would be stricter.
Vietnam almost same as China. But lacks the population.
@@elinnevi144 lol labor laws in India are stricters. That's a good one.
The indian government understands this and is doing their best. Iphones today are made/ assembled in india. India is second largest mobile manufacturer, second largest steel manufacturer, world's largest diamond exporter, and ofcourse the IT sector continuing to grow. Also now india is entering into semiconductor manufacturing. Etc. We have been sorting out sh*t. And there are many political challenges. Being a democracy it will take time but the growth will be slow and steady. India has made great investments in green energy sector as well partnering with germany.
Transportation network and other infrastructures continues to develop.
@@ratansharma7118 We will see by the end of this decade where India stands.
@@wiiistful7499 yeah
Investors are finding themself in a place that has cheap labor, a stable economy, a neutral government and good relationship with US-EU-RUSSIA-CHINA & rest of the world, of course even though it could not threaten US because of its geography & population size compared to CHINA scale, so far they decided Vietnam could be the next country to invest that fit their requirements.
GDP per capital Vietnam catch up China is hard as China catch up USA
The GDP of Guangdong Province in China is five times that of Vietnam. This is just a province of China, near Vietnam.
That province has 130 million of people and it is like the most industrialized province in China lol. This is the most ridiculous comparison I've ever seen.
@@augustinefaithdefender ok? what part of China isn't industrialized?
@@augustinefaithdefender How about Jiangsu Province 。？A stone age country without industry Vietnam also wants to compare with China ，LOL
Well in the long future, maybe after this pandemic lockdown, see who is the stone age country lol. Vietnam is not facing what China has been facing, the aging population, the fake GDP grow, the economic bubble, real estate bubble, damage infrastructures, food insecurities,...I think Vietnam actually try to stop hungry Chinese to come to our country to find jobs lol.
Are you that delusion? I feel pity for you bro. I am actually mixed, I have relatives in Southern California and Paris, so actually, I gave a fair assessment for each country here. I don't hate China but the CCP is the main enemy here. You are stupid and very ignorant to say those racist thing about Vietnam in the first place! Please educate yourself!
@@augustinefaithdefender There are only 50 million people in Guangxi Province, China. How can Vietnam compare
It is good Vietnam is also a manufacturing hub. Good to have alternative sources.
đúng vậy
th-cam.com/video/owomYWHwbow/w-d-xo.html
I'm so happy and proud for the Vietnamese people. I'm from the Philippines and some of my relatives have migrated and married Vietnamese nationals. I've taught a lot of Vietnamese students to learn English and I can say that they are determined people. You can really feel their competitiveness and I like that from them. I have a lot of good friends in Vietnam and will fly there soon to accompany my best friend which is a Vietnamese. These people have strong sense of patriotism and I couldn't be prouder than seeing my students grow to become successful players in their respective niches. The thing that the Filipinos, my countrymen, can learn from Vietnamese will be to have a strong sense of patriotism, nationalism, and unity. Their GDP has surpassed the Philippines today. Vietnam may be the next Korea or Taiwan in the future if things go smoothly as planned. Although the country is a new player in the field of electronics and manufacturing, once the Vietnamese children become competent and competitive people in the future then it will only take years for them to study the technology of neighboring countries and apply those learnings through a hybridization process. The Philippines should learn better from this rising tiger. It will only take an amount of time for their GDP to surpass its neighboring developed nations.
I love your video tho. However, as a proud Vietnamese, I don't feel comfortable when hearing people say we are becoming the next China. We're striving to build our nation greater as we should, not to be the next China or the next Japan or Korea.
Vietnamese hate Chinese but imitate and want to be them so bad 😂🤣😂🤣
I 100% agree with you. As a Vietnamese, I can’t say Vietnam is going to be the next China. Vietnam is now an independent country, and there is nothing to change about it.
it doesn't mean u become social living like in China, they just tell u your economy model just becoming China's early 2000. manufacture power.🙄🙄
+1
I agree with you. Vietnam is NOT the next China. Vietnam will be the next UK, or the next German，even is the next USA.
Vietnam is a filler for India to be the next China. A billion people need to be replaced by a billion not by 95 million. The bottomline is that India is going to have it's way with the manufacturers to produce in India as it's people growing richer, the only way the manufacturers will be able to maintain growth is to sell to the next billion people and for that they will need to move to making in India. And for the manufacturers that don't want to move, oh well, it's just a matter of time.
India will land on Mars soon
@@mililani6037 India's mars mission was successful
Don't talk about my country India I get mad somuch of corruption here 😭
In that case I do think manufacturing from China will be replaced a group of countries, not just one. The next China isn't just one country, but multiple, since it's hard to replace 1 billion people. Bangladesh, Vietnam, India, a few east african countries maybe (?). The next age of manufacturing will be more decentralized
@@trendymadness5159 Building at economies of scale requires a large middle class to consume those goods. If that huge indian middle class votes to push companies to make in India to sell in india just like China or Us has done before there’s nothing that can be done. The market always wins.
That is mainly because China now relabels them as Made in Vietnam or ships 90% of the finished product to VN and have it completed there so it can be labelled Made in Vietnam.
I do not really understand how this amazing channel had so less subscribers....great content bro.. Keep it up🙏🙏🙏🙏
Thanks so much!
I work for Marks warehouse and I see more than before the made in Vietnam 🇻🇳 stuff.
I am Chinese. I bless Vietnam. Vietnam has hardworking and smart citizens and an efficient government. Vietnam should succeed. Since it has the same cultural genes as China, I think I will go to Vietnam to play when the epidemic is over.Vietnam's economic development is good for China, because it is right next to China, so it can easily import parts and raw materials from China to assemble products for export. Just like China doesn't care that South Korea and Japan are getting more and more developed, both East Asian countries, the more developed they are, the more helpful China's economy will be. This is determined by geography. Look at the South Asian countries. If one of the South Asian countries rises, the economy will certainly lead to the rise of the other South Asian countries.Of course, some industries in each country will compete with each other, but healthy competition can promote the economic prosperity of the entire region.
Thanks for the post.
越南目前经济思路是正确的，利用低价格的人工和土地等生产要素来承接产业链附加值最低的组装部分。越南目前在完成原始资本积累阶段。想成为韩国或者日本，最起码要有高素质人口，基建，一流的大学，科研，稳定的内部外部发展经济的环境之外，你才能生产高附加值的产品成为发达国家，单纯的靠低附加值产品来发展经济永远不可能成为发达国家！韩国有以3星为代表的手机以及芯片产业，还有现代汽车！日本那就多了去的东西了。越南错过了第3次工业革命，错过了互联网大数据，第4次大概率他们也赶不上，因为经济基础决定上层建筑，我没看见越南成为一个发达国家的信号在未来30年内！看看中国，芯片高端仍然搞不赢韩国要不然华为手机也不会受这么大影响。但是我看到以电动汽车为未来主流的汽车产业方向把德日汽车甩在后面的苗头。越南如果要成为发达国家，必须有2到3项世界级的核心竞争力的产品且产业链！这背后还有很长的路走！
日韩不会把自己吃饭保命的高科技产业链转移到越南，美国也不会像以前打压日本经济时向韩国转移半导体产业那样扶植越南的。只有中国是唯一可能向越南转移中等制造产业链的国家，但中国的选择很多，比如老挝，柬埔寨，泰国，印尼等等，为什么非要选择越南呢？
在这个频道里几乎没人会明白这个道理，跟他们说如同对牛弹琴，一边是心高气傲的越南人一心想成为日韩，一边是极度仇视蔑视中国的美国人和印度人
Free those journalists in vietnam now Tran Huynh Duy Thuc , Pham Chi Dung , Nguyen Tuong Thuy , Pham Chi Thanh , Can Thi Theu , Le Dinh Luong , Truong Minh Duc , Nguyen Trung Ton , Pham Van Troi , Hoang Duc Binh , Tran Anh Kim , Pham Van Diep .
❤️
No ! I am Vietnamese who lives in the West . I don’t agree with you. ! You don’t know Vietnam. You just follow the propaganda of the West. I believe Vietnam has the good reason to keep them in prison.
😂😂😂🤣🤣🤣
🤣🤣🤣🤣
Who? ///
East Asia and South East Asia is growing really fast🚴三
Vietnam is definitely on the up and up, but realistically it's more like "the next Korea" than the next China. China is a massive entity that no country (not even India) can compete with re its industry, labour force, infrastructure, and centralization.
Even then, Vietnam hasn't been really "tested." It could very easily fall into the middle income trap.
china is in the middle income trap....weird argument
as a Chinese， i think if you want to discuss will Vietnam become next china.. you need to know what china is. Is China a country that only produces shoes and clothes? nah..China actually has many high-tech companies，Apart from high-end chips that cannot be produced in China, I can't think of anything that cannot be produced in China（And high-end chip technology will be mastered by China sooner or later）
china have huawei xiaomi OPPO vivo 1+ Alibaba baidu tencent dji byd and so many other hi-tech companies.China can produce everything from the space station to high-speed rail and
what Vietnam has? The production of clothes and shoes can easily be transferred to places with lower wages, but high-tech production is not easy to lose. Unless Vietnam has its own high-tech enterprises, I don't think Vietnam will become China, but fall into the middle-income trap
Hy vọng những nhận định của bạn sẽ không trở thành hiện thực.
From population, country area to economic size, our Vietnam cannot be compared with China. Therefore, it cannot become the next China. China has the most complete economic scale. China is very admirable.
Tôi là người Việt Nam, đúng là trung quốc rất mạnh về mọi mặt , và chúng tôi những người Việt Nam chỉ mong đất nước ngày càng giàu mạnh cả về quân sự lẫn kinh tế có thể sánh với Hàn Quốc, Nhật Bản mà không cần phải vượt qua Trung Quốc làm gì cả,
@@atvlog4737 Now the problem is: Japan and South Korea's high-tech industry is also being eroded by China, so Vietnam can't get around China if it wants to become Japan and South Korea. In other words, at least in one area, defeat China before becoming Japan and South Korea.. Is there such a high-tech field in Vietnam?
Really the Chinese phone was a Chinese I can tell you, Chinese phone come with American processor American (example of Qualcomm), American softwares (Android), Korean display (Samsung LED screens), Korean/ Japanese camera (Sony and Samsung should be make camera for smartphone companies), Japanese batteries (Panasonic just for example),. And manufacturing on foxcon (Taiwanese). Still you thinking oppo Vivo xiaomi was Chinese I think you should do little bit research.
Yoku (youtube)weibo (copy of Facebook Twitter), lots of Chinese company was sh*t logon copy design (nothing was original)
As a vietnamese my computer is exploding cause i have no graphics card help
In certain degree Vietnam will replace some role that China plays in the past.
He 100% right! 👏🏻👏🏻👏🏻👏🏻👍🏻👍🏻👍🏻💪🏻💪🏻💪🏻💪🏻💪🏻💪🏻
I would say not because of the size and population
But Vietnam has been touted as next engine for the last 10-15 years after doi MOI.. till today not yet reach to the heights of china still..
cause it fought a massive war with the usa till 1975, and had a embargo on it with the USA till 1995, the hell is you're point? Vietnam already exporting its cars to Canada and USA and ISrael starting this year. It is producing cars already! within 4 years of setting up the company.
I think that if everything moves from China to Vietnam it is in danger of becoming as ubiquitous as Made in China today and a case of putting all your eggs in one basket; it's that the basket is going to be Vietnam instead of China...
An ally of the US; they were at war with them for years...
I think that apart from corruption, Vietnam's biggest problem is most of its industry is foreign owned so profit goes abroad. I think Vinfast will be good 👍 for Vietnam's economy as it's a home grown company; I wish them luck with making cars in Vietnam; if they can deliver high quality products then good 👍 luck to them!
Most definitely, the people are extremely hard working and are skilled artisans and craftsmen, and many International Boat builders have relocated to HCM City, for this reason, the boat build and cabinetry is far superior to that in Europe or the US.
As a Vietnamese In very proud of my country and the people of Vietnam two thousand years of resisting China, and 100 years of colonial the French have taken everything from us we rise and defeated France then 32 years of war with the US carpet bombing agent orange after united the country war against Khmer Rouges, China and US embargo till 1990. I remember my uncle living in England come to visit us for the first time I was only 5 years old he look so different more healthy he looks so much different from other Vietnamese at the time my father was skinny because we can barely afford food looking back it bring tear to my eyes. Now we live well eat well big house few cars and motorbikes yes Vietnam is still developing we will go from making clothes and shoes to much bigger and better high-tech products in the future because we are hard working and resilient
希望越南越来越好，如果真的存在“下一个中国”，我希望越南。
I wish Vietnam would cooperate with India more instead of China. For me, Vietnamese people in my heart think that Indians are quite smart (it can be said that they are as smart as China if they are well educated). Simply now I see that they are limited by customs, culture and the divide between rich and poor and education. Hopefully they will develop well and Vietnam will cooperate more deeply with India to fight China. I never expected China to grow but I do hope India will.
@@peterseth3296 LOL, right?
Are you serious? Vietnamese are definitely smarter than Indians
@Object Prime I am from India . We really love and appreciate Vietnam 🇻🇳 for its growth.
Kiểu mình thấy quan hệ VN Ấn độ tốt (không có mẫu thuẫn hay chiến tranh từ lịch sử ) nhưng sao hợp tác thương mại giữa VN và ấn Độ lại k lớn nhỉ
@@trinhnguyenthi4090 From a cultural point of view, it is easier for Vietnamese and Chinese to do business and understand each other.
Who could have foreseen 50 years ago that a Vietnamese company would open a car 🚗 factory in the USA. Good 👍 luck to Vinfast!
Living in Hanoi, I can see the slow improvement in living standards over the years, but wandering around a luxury shopping mall in HCMC is a very false standard to judge the growth in the middle class. I lived in Bangladesh for 5 years and Dhaka is full of luxury malls but is still super poor. Use a better indicator.
Hi-enjoyed, so great editing.😮
Glad you enjoyed it!
Excellent video!
If Vietnam wants to continue to prosper Vietnam must have its own branded products. and is accepted internationally Not just contract production like today. The future if salaries and incomes of Vietnamese workers increase Foreign companies or factories had to move the production base to a new country to reduce production costs
If you open your computer, there’s a good chance that the (Intel) CPU also has “assembled in Vietnam” on it. Same goes for your Samsung smartphones.
dude, democratic chips are forbidden to be fried in com vn
Nice video. This year has been an amazing for a lot of Vietnamese companies exporting seafood, fertiliser, chemicals,... their profit increased a few times already
When US was trying to get away from producing in China we had to go to Other Countries to sort things out it was really really scary
so ppl still think China only makes shoes and toys nowadays?
This is a overstatement..
Vietnam is too small.
They don't have the complete range of manufacturing support facilities like in PRC.
aren't those Vietnamese manufacturing industries owned by the Chinese? also Vietnam has a fraction of resources China has to fill its place at all. but the good outcome here is that poor countries like Vietnam and Cambodia are benefiting by this.
Love the video! And love 🇻🇳! 10/10!
Much of the manufacturing in Vietnam is owned by Chinese companies and cross-border supply chains often obscure where products are actually made (i.e. most of Ford is built in Mexico, but qualifies as a domestic car brand because it's finished in the US). Is Vietnam's economy surging due to manufacturing within its borders: yes. Is China losing because of that: not really. This nuance was missed by Trump who failed to realize that China avoided tariffs by rearranging logistics to disguise the origins of products. He, like many people, failed to adequately understand globalism. Still, as China becomes post-industrial, cheaper, more labor-intense jobs will move outside China, preferably close by. That's why I don't think Vietnam will be the next China because it's like saying Mexico will be the next US; both trade relationships are subservient in nature. What will happen in Vietnam will be what happened in Mexico since NAFTA: in general, the economy/wages will grow, the middle class will blossom, and standards of living will increase.
Vietnam is as similar to china compare to US and canada. US and mexico is quite different. Even that I don’t think vietnam can replace china as vietnam is much smaller than china.
You know nothing, Most of the foreign investments in Vietnam are from South Korea, Japan, Taiwan, and Singapore. China is nothing close to those countries
@@janchxxheonczsekk6412 Vietnam's import from China is more than US, Japan and South Korea combined.
@@easonhuang7117 We're talking about foreign investments, setting up factories and not importing materials or products. I guess you don't know the difference.
@@janchxxheonczsekk6412 Factory in Vietnam almost all rely on input from China to produce. Samsung Vietnam still imports electronics from China no matter who invested them.
What equipment did you use for filming? A phone or a camera? It seems lightweight and effective.
my iPhone 13 Pro Max :)
I was trying to buy some shoes jordan here hebys the tag say made at Vietnam
Where you come from? Nike in western world made in Indonesia
With the communist regime in China currently, it can only hurt business activities for foreign companies established there. From slave labor to sanctions to the theft of intellectual properties, it's not attractive for companies to establish manufacturing considering the challenges and the distance the merchandise has to travel. India and Vietnam are better options.
As a Indian i can assure you that we are having a lot disadvantages comapred to Vietnam sea
@@bloodwargaming3662 As an Bangladeshi I can say we have alot of disadvantages compared to India and Vietnam.
Africa is more developed and cleaner than India. This low caste country has no future.
@@simpmaster7995 is that the reason your country took over india in terms of per capita income even though in 2012 you guys were half at our level. See ik bd has problems but your trends of growth perspective 📈📈 whereas India's is 📉📉📉. We literally lost 200 million into poverty in 2020. Before 2020 we saw the worst unemployment rate at 6% highest in 45 years growth Lowest at 4%
Vn is communist as well
Vietnam doesn't need allies...we make friends all over the world
Honestly speaking, if any major country becomes next china they'll receive same treatment like china once they reached half of the size of US economy
Japan with Plaza accord...
@@oceanwave4502 Japan is an American colony
Awesome video, full of energy and valuable information. Thanks!
Glad you enjoyed it!
good reporting!
Quite superficial. Read China's 14th five year plan and understand today's achievements. This is not determined by the population, industrial scale or the transfer of foreign companies. Vietnam may become the next Japan, South Korea or Singapore.
拿什么做？很多国家都卡在了中等国家的收入，没有新的支柱经济点，泰国马来西亚已经是上限了，达到日本韩国那种水平首先要完全重工业化，其次还有机会，现在是第四次工业革命了，要怎么弯道超车不太可能实现
@@r211ose6 Việt Nam không giống với Thái Lan, nếu bạn tìm hiểu những kế hoạch mà chính phủ Việt Nam đặt ra và đang thực hiện nó, bạn sẽ có cái nhìn khách quan hơn về Việt Nam. Mục tiêu của Việt Nam không phải là công xưởng thế giới, Việt Nam đang học hỏi sự thành công của Trung Quốc trong ngành kinh tế số. Mục tiêu ngành kinh tế số chiếm 30% GDP (~ 250B$). Ngoài ra nguồn năng lượng tái tạo của Việt Nam hiện tại đang bị thừa do quá nhiều dự án năng lượng tái tạo đã và đang xây dựng. Mục tiêu chúng tôi hướng tới là xây dựng nền tảng cho cuộc cách mạng công nghiệp lần thứ 5, không phải 4.
In Algeria customs still steal passengers' luggages
Free those journalists in vietnam now.. Tran Huynh Duy Thuc , Pham Chi Dung , Nguyen Tuong Thuy , Pham Chi Thanh , Can Thi Theu , Le Dinh Luong , Truong Minh Duc , Nguyen Trung Ton , Pham Van Troi , Hoang Duc Binh , Tran Anh Kim , Pham Van Diep .
👋
Shut up 3 sticks
We believe Laos is going to be the next China. Laos could make every shoes, shirts, wallets with the now opened high speed corridor between China and Laos.
I think Cambodia will be the next china because a lot Chinese live in Cambodia now..and Chinese build too many casino over there ..
Nah😒, I’m sure Vietnam will never become a second China even if Vietnam became a rich country or the populated country
The appearance may be similar, but inside two of them are different
Different culture, history, language, traditional food, traditional clothes
But they are neighbors so they have been fighting with each other a lot like Thailand and Myanmar in a long time ago
If Vietnam really are a second China then they must have the same culture, history, language, traditional food & traditional clothes
China has many provinces with the population of Vietnam
Vietnamese are just as hardworking and industrious as Chinese. So, good future ahead. And the food! Yum, yum. Love from China
勤劳真的是个贬义词…
说到底就是缺少奴隶罢了
Vietnam is a replica of China. Aside the figures, let's be more realistic and focus on facts. Please be reminded that facts never lie. Up to these current days, I really do not know why the outsiders are so fascinating about VN economic growth even under the experts' view such as the articles of Bloomberg, Financial Times, Hong Kong Shanghai Bank, IMF, WB. Some dare to name VN as an " economic marvel " of the world. Very astonishing, as I am living in VN passing my youth through the dirty war and, more over, never an instance in my life, I have quitted my mother land even for travel purpose. Thus, as a matter of course, I profoundly know my people, the political and economic system of the past and in this moment in time. Let's consider the actual facts ( Oct, 2022) : a) the whole country is facing shortage of gases, fuel of all kind; b) bank run ( Saigon Commercial Bank ) founded by the being imprisoned top tycoon of VN, madam Truong My Lan, landlord of Van Thing Phat real estate conglomerate; c) as a result, 800 affiliated companies in relation with the said conglomerate have been in the state of being frozen under police orders; d) USD and gold price are skyrocketed at the point of 700 USD much higher than that of the international trading price, e) the stock market is now stagnated, the VN index is down to the lowest point; f) bank interest rate is spectacularly going up, and no more credits issuances; g) continuously, big tycoons and high ranking officials lined up into custody; h) galopant inflation, i) impressing spread of corruption, prevarications, malversations ; g) burst out of real estate bulble; k) shortage of medicaments and medical facilities and so on, . . . Is that the sign of a " star " in South East Asia, as per some occidental media's appraisal ? Even a prestigious media like BBC stated about the coming golden era of VN. Really strange, are they stupid or do they aim at another political target ? Or the propaganda of Vietnam works so well ?
very very interesting videos bro. keep going
Thank you so much!
Hey, I could catch what you said about Vietnam by chance.
I agree with you. Are you living in Vietnam? From Korea
vietnam is not another china, its a part of china 🤷🏿♂️
if you like that in front of Vietnamese , they will beat your ass
Those shoe companies are owned by a Taiwanese billionaire who has factories in Vietnam and China
Vietnam and Philippines would be next world factories, for the decades to come, because China labor cost is not longer suitable for low-end manufacturing.
India also has potential but the strange thing is that when China served as world factory, India had the same chance but never taken.
So it will not be a surprise when India lose the chance again.
I really loved this video!