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Greetings from U.S- lived there for a cup of years. Vietnam is an uniqe and lovely country and people there are the greatest warriors on earth that always impressed the world..always a heroic symbol from many nations in the world who fight for freedom and independence against foreign invaders. Only the nation that defeated the mongols 3 times in 13 century and humiliated chinese empires many times in History when China tried to invade them. They also crushed 3 powers: France in 1954 in historic battle Dienbienphu, America in 1975 (unification of vietnam) and China (border war in 1979) in 20 century. The war in 1979 was a total military disarter for Chinese army as they got a huge casualties by Vietnamese local units and failed to save the genocidal Polpot regime in Cambodia . Only 25 years living in peace ..from total destruction from long wars and economic embargo and one of the poorest nations but now 2024 as we know Vietnam has become a new Asian economic tiger, one of the fastest growing countries 8,2% in 2022 , a upper middle-income country with 16.000 PPP per or GDP per capita - 5000 dollars in 2023. Moreover, now Vietnam is one of the top 20 biggest world's exporters 370 billions dollars in 2023. They are even building a huge EV Factory-Vinfast Cars 4 billions dollars in US and also 2 more factories in India, Indonesia. Peace and love!

I am optimistic about Vietnam.🇻🇳 I am sure it will become rich country. Love from India.🇮🇳

Fun fact: As a business student and a Vietnamese, lately I have realized a big trend among young Vietnamese people to work on sustainable agriculture. I wonder if this trend contributes to the high % agriculture workforce in the video.

The emergence of Vinfast and other conglomerates can definitely bring prosperity and wealth to Vietnam. I wish Vietnam the best and rich. Love from Cambodia.

I'm from Indonesia. Vietnam is often talk among SEA as inspiration for of great growth on economy for developing countries.

I'm a Vietnamese lawyer. I dont think Vietnam needs to be a rich country. Rich countries nowadays have a lot of problem, especially with inequality, and people's mental health. Vietnam needs to be a well-blance country in all aspect. Money alone does not make a country strong.

Vietnam has the disadvantage that they started very late compared to other countries (Bangladesh, Philippines, Malaysia, Thailand and Indonesia), that is, it was not until the 2000s that the embargo was lifted by the US. And when poverty is completely lifted, Vietnam will miss the largest labor force (18-30). Vietnam's advantage is that it still has a relatively young population, the elderly still contribute to the labor market in many different ways, and women (40% of the population) in Vietnam are extremely hard-working. Maybe they If they can maintain a growth rate of 5-7% continuously for 20 years. They can absolutely achieve high income levels.

Vietnam has never applied a one-child policy like China. Vietnam encourages each couple to limit having only 2 children. Only people working in state agencies will be reprimanded for giving birth to 3 or more children. Vietnam has never banned people from having a third child, the government just does not encourage it.

Most manufacturing companies that leave china go to vietnam rather than India or other SEA countries because vietnam is most similar to china in terms of Policies and culture

So glad this channel blew up! I remember being one of the first 50ish subscribers.

越南做任何事情中国都支持，我们是兄弟国家

Keep Korea Japan China Vietnam and other countries and nations safe 🙏❤

Vietnam will become rich, just like it's neighbors and that's inevitable, the only problem is time which is something that a lot of people doesn't account for.

Vietnam’s map includes Hoang Sa and Truong Sa

Vietnam still has common problems other sea countries experiencing: geopolitical instability, corruption, resource mismanagement, environmental degradation, economic dependence, etc. economy is fragile to external shocks. hope sea countries will prosper together

Quite possibly one of the best overviews of Vietnam and its economic forecast.

I always thinking your videos are so high quality, thank you for your effort and sharing with the world

...⭐️⭐️⭐️ If looking at gdp to evaluate Vietnam's living standards is wrong because Vietnam's gdp is not calculated most accurately, many of the houses on the street are freely operated, rented and in Vietnam there are Up to 70-75% of the population living in rural areas freely engage in agricultural production, animal husbandry, aquaculture, fishing, and thousands of craft villages in rural areas are not included in GDP. The government also does not need to count them in GDP to receive preferential loans

Vietnam and Bangladesh was similar in 90's now Vietnam progressed twice of Bangladesh Bangladesh is lacked for corruption and looting by governments

Tôi yêu đất nước tôi. Hy vọng đến năm 2035 Việt Nam sẽ lọt vào top 20 nước có nền kinh tế lớn nhất thế giới.

I think Vietnam will be an "important" country, but not a rich country.

Really interesting, you should do more videos discussing Southeast Asia like the Philippines or Indonesia.

The important thing is that land in Vietnam is permanently privately owned, we love that, it motivates us to strive to build on our own land, that creates our love for with the land we own, and our descendants will fully inherit it. I think if you have Vietnamese nationality you will also have the same.

Vietnam needs larger company to compete in world market. Something like Toyota, Sony, Samsung, Hyundai, Huawei, Alibaba, etc. which are well-known to foreign countries. Without such world class multinational companies middle income trap is inevitable. See Thai and Malysia which have no such large company originated from them.

Sorry, at 5:25, when you say 185% of GDP… do you mean the value of just exports? I’m just confused what the number is that you’re saying is more than total GDP cos surely it can’t be net trade

To be rich (15000$/people/year), vn gdp has to grown 8%/year over 30 years, and yet, looks what happened. It is more likely to be old before rich.

In all nations there is a tug of war between Land, People and Capital - Resource rich countries like Australia and Canada tend to move to the easy low hanging fruit of Resource exploitation at the cost of more diversified industries. In oil rich areas of Canada, trying to find someone to work at a hotel or a coffee shop comes with competing on wages with high priced oil field and supporting industry jobs. This stifles investments into research, innovation, patents, new businesses etc. Long term, Canada has a large trading partner more similar to itself than Australia has, how this plays out over the long haul will be interesting to watch.

Easy to say! I live in VietNam, i know deep down how hard could it be!

I really like your videos but this one was a little dry. Vietnam has such a fascinating history would have been interesting to hear how this has impacted their economy (and trading partners) today.

You should add Hoang Sa and Truong Sa on this map, because Hoang Sa and Truong Sa belong to Vietnam

I have a somewhat pessimistic outlook on Vietnam's economic prospects. There are many problems that need to be solved before it can truly become an economic powerhouse like weak institutions, dependence on foreign economic components, extremely ineffective public investment projects due to corruption, energy security issues...

Please make videos on laos, Cambodia and philipines economies as they have potential to grow a lot but what is stopping them

A accurate and great analysis

Vietnam is a much smaller geographic and population than China and India. So, it would take less development in energy and transportation infrastructure and key human services like health care and education to impact a larger percentage of the overall population.

SEA nations are prone to the middle income trap. Only the late four tiger economies managed to escape it. Thailand, Malaysia were all promising but turned out to be sad.

If south Korea escaped middle income trap and still has been border line developed. Vietnam will have hell of a time long way to go.Especially the 8 other economies ahead of vietnam in SEA is struggling to break the middle income trap. They all had the same optimism before.

🇰🇷🤝🇻🇳

Though I disagree with this video at some minor point, it's an impressive analysis. I need to correct you with one detail which is Vietnam did not have 1-child policy like China but 2. There was a slogan in Vietnam back then "whether son or daughter, just 2 is enough"

There's a high possible that Vietnam will become rich in the future but not now. The future will tell I am sure Vietnam will shows it weath around 2027 and 2030

Bonus: In Vietnamese villages, when they turn 18 they will go abroad to work and send foreign currency back home. Vietnamese workers in Japan are ~500,000 people, in Korea ~200k-250k people, EU ~100k. If you work in the country, it's difficult to earn about $12,000/year. Just like the video shared, Vietnam's economy is too dependent on foreign countries and the garment industry is now mainly in Bangladesh. Cambodia is also a suitable destination with a young population

I am living in HCMC, and in the last 2 years, I wanted to move to Ireland to pursue a master's degree and stay back to find work. However, after doing some calculations, the net salary for a fresh graduate and living expenses in Ireland will make me earn less than the time I live in Vietnam. By Living in Vietnam, I can make a down payment and get a mortgage for a house within 2 years and quickly secure my life, but going to Ireland will take me more than 5 years to get a house in Vietnam

Vn muôn năm dân tộc vn muôn năm

I think Vietnam is still growing and gives it another 20 years, it will face the same problem of China as there’s another leap from middle income to developed status.

越南会的，已经有这些年的发展经验，现在不会变慢，但越南天热还会停电，这说明电力不足，这个一定要得到解决。

We just want peace! ❤

vietnam got a lots of tourism so pretty sure they can get rich pretty fast

👍

The analysis is one-sided, based only on numbers found online. Did you know that most households in Vietnam do not have to pay taxes, or only have to pay a symbolic tax when they receive income from employment or production? It is estimated that 40% of Vietnam's GDP is overlooked because the government does not count small businesses in total GDP. And you take an index of labor productivity (An INDEX BASED ON GDP per capita), and like I said 40% of GDP is ignored? So the video owner thinks that the elites of the United States and Korea are stupid for investing in Vietnam because of cheap labor? You think Vietnam lacks freedom and censorship, but every year tens of millions of international tourists come to Vietnam to travel? Have you arrived in Vietnam yet? definitely not. But I know your great country, America, has eliminated Tik Tok because it can't compete with Tik Tok. LoL. That's right, democracy is the best, so we are only ranked in the top 40 countries in terms of GDP value, the remaining more than 160 countries and territories are probably all dictatorships :)) I respect those who friend out there has knowledge, but certainly not the owner of this silly KZfaq channel

Các bạn không cần phải so sánh đất nước chúng tôi làm gì. Một đất nước chiến tranh tàn phá nhất thế giới. Thì làm sao các bạn đem so sánh. Có khập khiễng không?

For me, Vietnam is the country in SEA the most likely to become rich aside from SIngapore who already is. Everyone else seems to have some major problems that are really holding us back.

很期待越南的社会主义同志们发展越来越好！来自中国的爱。

Corruption is the cancer holding Vietnam back (as a Vietnamese)

They are doing what the americans used to do in the 19th century and what the chinese are doing now. So, yes! they are going to be fine.

LOL the intro of video make the VCP seem like some form of foreign governor, not that the Vietnamese government themself

Nah i dont think this is possible

In VIET NAM we never say VN war!! we said :The war of resistance against American imperialism please respect that, peace

Why does this video not mention that China attacked Vietnam after the United States left?

How long do you live in Vietnam??, it's very fun when I hear Vn will be rich 😂, of course I am a Vietnamese

Economic growth based on foreign investment will not be enough, as the majority of the growth or roughly 90% are contributed by the domestic investment. Demostic primary industries are ultra important. If your country have the resources and produce the raw materials for the second and third industrial manufacturing, the chain reaction multiple instead of just adding value, you keep skills in a diversified industries. India always wanted to overtake China as the next world manufacturing complexes, yes India have plenty of labour supply, but lack raw materials and skills from the primary industries to supply the input for the third industrial manufacturing. India is the world manufacturer of genetic medicine, but relied on the supply of its raw materials from China, just like the high technology iPhone assembly, 99% of the iPhone components are made in China, othe 1% of Indians labour and the Indians printed packaging. The overall economic value is very limited for the Indians mass labour supply.

Big companies will just keep moving on and arbitrade labour for the cheapest available.Just like they moved on from japan and china.Vietnam next ,then cambodia,then myanmar ect..

well, the world cannot compare Vietnam and Thailand cos technically Thailand didn’t really have to fight any war.

Vietnam is already rich. They have plenty of food to eat. They produce so much food that we need to export most of them. They are also at peace. So the people are content and happy. If that is not wealth, then I’m not sure what rich means.

Tôi thích nhất cái phong cách người VN làm nhục người Trung Quốc 😂

I can do whatever I want in Vietnam tho, except planning a coup or participating in reactionary groups obviously, and I'm also a Christian living in Vietnam and I no one is banning me from doing anything religion-related, so the assessment is kinda wrong. Coorruption no doubt is still a problem, but more and more people are getting arrested for it. I have no problem with Statism cuz electricity, water, and wifi is dirt cheap lol, I dont want to pay few hundred dollars for electricity, water and wifi😂

Kinh tế Việt Nam: “xanh vỏ đỏ tròng” 🎉

11:06 I see what you did there.

A Future Economic Powerhouse Short Of Power For Economy.

No. Too much stealing from the ruling class. Also water supply is critically threatened due to Chinese, Cambodia dams across the Mekong river.

There are many countries which have come ahead of Vietnam like Indonesia, Malaysia, Thailand, India, Bangladesh, Vietnam's ,land population and many other things is not so much that it can make it a big power.

and now people are still saying vietnam needs to get back on the previously dictatorial and basically racist for reigions that are not christianity path😔

1980 việt nam vẫn còn chiến tranh

USA needs to bring factories back to the USA and Mexico using automation and Robotics 🇺🇸

Press x to doubt

If even China, with their increasingly smart and technological economy, is struggling to escape the middle income trap, Vietnam's not going do much better than that. Look at Thailand. They've been industrializing for many decades, now they have a diverse, vibrant economy with good infrastructure, but not exactly "rich". That's the best future Vietnam can hope for

As a vietnamese myself, i gain alot of more insight as to how vietnam is heading, economically. Finacially, vietnam actually benefit alot from remittances of oversea, gain a total of over 90 billion dollars, which like a adrenaline shot for vietnam market spending in recent year to be where it is today beside the open market reform and investment. However, as the video layout, and i mostly agree with the problems it mention, the question is, can vietnam be a rich country? My answer is..unlikely, very unlikely. My reason is vietnam is getting more politically unstable and corruption is getting worse. People in vietnam is actually losing faith in the communist party and the north - south dividend is getting worse because of unfair treatment across southern provinces by channeling all taxes to build the north leaving the south to fence for themself. In 2 years, our country has ousted 2 presidents, 1 Nation Assembly Chairman, and so many more of high ranking in the party. The propaganda machine in vietnam is getting ever closer to Russia, Iran and North Korea, all from State Medias, which is saying something, especially on the ukraine and israel gaza war. As a common sense and a logical person would, soon outsider will take notice of this and make judgement for themself. Its not hard to see where this is heading in the furure and we can make prediction. Plus the aging economy and middle income trap will not give my country the time it need to achieve it. If i have to describe Vietnam situation right now, its symptons start to show and problem will probably get worst. We were from worse to better, but i think its ending here until changes come.

Of Course not it's. Not a popular place

越南加油

You can find this same content on all tv and newspapers in the ‘people’ socialist republic of Viet cong

not 1 child but 2child policy in Vietnam (before)

Yes it's going to be. It has a small population so it won't have much problem. Like malayasia never reached their potential still it is a rich country and has high per capita

Let me guess, it's a bubble

Steady exchange rate? You must be joking 😅

12:36 is wrong, this not 1 child, this 2 child

I have smth to say about low "civil liberties" and "ethnic minority rights". Thats some soft of lie. In here, if u dont go find trouble, trouble wont find u. And i kinda want to be some soft of ethnic minorities group.🤧 Since they get an extra amount of score in university entrance exam.

i dotn think so . a race to the bottom is a game vietnam will lose to malaysia thailand and bangladesh . they will become economically important but not a power.

Is this bad in a way

GDP is 4000k$ you make me laughs a lot really

In my opinion, I don't know that country will prosper financially, Because the recent corruption issues in Vietnam have led to doubts about investments, hampering economic growth and impeding improvements in GDP per capita and education.

Yeah, I suppose you do get rich if half of your country is swindled from your neighbor.

It won’t be rich, but it can become a low to middle income manufacturing country.

I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life

Actually we have two children per household policy not one child policy 😂

2020 trở thành nước Công nghiệp hóa rồi mà ghê chưa

I'm not so optimistic about my country, Vietnam can not get out the middle income trap... of course, there are so many problem behind that, corruption, lack of industry investment, and the people not really care about "education", they just want to blow the price of real estate and sell it. Not so healthy economic..

.

The only reason autocracies and communists get some wealth is because they allow in capitalists who then export to other capitalists. Left to their own devices, communist nations would remain largely agrarian and poor. Communism: Everyone gets to be equally poor, except for the ruling politicians who live like kings. What a horrible system to live in. There is no difference between monarchies, communists, and theocracies. The premise is: A ruling elite group or individual with all the money and power. And then 99.99% of the population live basically as serfs. Very poor, but everyone gets to be equally poor. Monarchies and Theocracies are essentially the same, the ruling elite tell the poor that God favors the elite, and that is why the elite make the rules and have all the money. They also tell the poor that Heaven awaits and all their poverty will be rewarded with a glorious afterlife. Communists do away with lying about the afterlife and just use the military to keep their boots on the necks of the poor. The poor are taught that equality is more important than wealth, and don't pay attention to their communist leaders who own dozens of mansions and have fleets of maids and butlers and live like god-emperors.

🇹🇭 >>> 🇻🇳

Cái cuối thật sự là quá xàm

12:35 we never have one child policy lmao pls correct this ! We have 2 child policy but it was never enforced but more like suggestion