I like to see people look down on us Viet

[Edison Chen]

Honestly, I like to see people look down or underestimate us like those Chinese morons. But we just raise, succeed out of expectations that would make those look down on us angry, with long sad disappointing face and jump up and down like a monkey. That so entertain me. Good job Nguyen Tan Dung for pioneer Vietnam economic. Keep it up not freaking Truong Chinh, Nong Duc Manh, pro-China with empty head.

Vietnam is embarking on an unprecedented deal making spree as the economy prepares to open up to greater foreign competition.
Acquisitions involving Vietnamese companies may reach as much as a record $4.5 billion this year, surpassing $4.2 billion in 2012, Christopher Kummer, president of the Institute of Mergers, Acquisitions and Alliances, said by e-mail. There have already been $1.9 billion of deals so far this year, the most in three years, data from the Vienna-based think tank show.
Companies are seeking to bulk up as Vietnam is expected by PricewaterhouseCoopers LLP to be one of the world’s fastest- expanding economies through 2050.
Vietnam signed free trade agreements with South Korea and a Russia-led group in May, is part of the proposed US-led 12-nation Trans-Pacific Partnership and is working on a similar pact with Europe.
“Vietnamese companies will face a lot more competition when the market gets more open,” said Alan Pham, chief economist at VinaCapital Group, the nation’s biggest fund manager.
“Many local companies have low capitalization, lack of skilled manpower, inadequate marketing capacity. By using M&A to merge into a larger entity, compensating for each other’s deficiencies, they will improve their competitiveness.”
The VN Index has gained 8.1 percent this year, twice the gain in the MSCI Emerging Markets Index.
War chests
Vietnam Dairy Products JSC, known as Vinamilk, set aside VND4 trillion ($183 million) for dealmaking this year and is looking for targets at home and abroad. Vingroup JSC, the country’s biggest listed developer, bought Vietnam National Textile & Garment Group’s supermarket chain in April and has announced at least five other acquisitions in the past year.
While the trade agreements will benefit Vietnamese apparel manufacturers and shrimp exporters, they could hurt domestic auto assemblers and food and beverage producers, according to Tu Vu, head of research at Viet Capital Securities JSC.
Vietnamese consumers prefer Western brands, so lowering import duties for baby formula and confectionery products would lead to fiercer competition, Vu said by phone June 19.
The best-capitalized domestic companies in Vietnam will make acquisitions to increase their scale even further, Rehan Anwer, Credit Suisse Group AG’s Singapore-based head of frontier markets banking, said by e-mail. Deals will likely happen in the consumer, agriculture and real-estate industries, according to Anwer.
Overseas expansion
“The M&A market is in a sweet spot,” Attila Vajda, managing director at Singapore-based advisory firm Project Asia Research & Consulting Pte, said by phone. “Vietnam will be more integrated into the world economy and tax barriers will fall, so it will be easy to operate from here.”
FPT Corp., Vietnam’s biggest listed technology company, has set aside about $50 million for acquisitions this year to help achieve its goal of $1 billion in annual revenue from overseas by 2020, Deputy General Director Nguyen The Phuong said June 23.
Last year it bought German utility RWE AG’s technology unit in Slovakia, gaining 400 employees focused on SAP SE software and smart-home systems in its first purchase outside Vietnam.
The government is also pushing deals. This month, Prime Minister Nguyen Tan Dung approved the sale of large stakes in some state-owned enterprises to improve competitiveness and boost corporate governance. In February, a new rule took force that encourages bank consolidation by restricting cross- shareholdings among lenders.
Vietnam’s stable economy and currency paired with low inflation are giving companies more confidence to make acquisitions, said Tony X. Diep, a Ho Chi Minh City-based managing director of Indochina Capital Corp.
The government targets economic expansion of 6.2 percent in 2015, up from about 6 percent last year, and has kept inflation below 1 percent in the first five months of the year.
“A lot of people would be very surprised to see Vietnamese companies buying assets of foreign companies -- it shows how mature they are,” Diep said. “We will definitely see more deals coming, and things will still be very busy for the rest of the year.”

This the feature all emerging markets should have.

Once I was interested in Vietname thing, the sight-seeing, the food...But the Vietnamese poster's behaviour really disappointed me so much.

 

[Jlaw]

Sorry to break the news to the OP, the world looks down on Vietnam as a whole, sorry but true. The general view in the west is that Vietnamese are dirty, engage in gangs and many scams.

During the crisis, the US was not only slow to respond but also tried to take advantage of the crisis by making ridiculous demands in return for help.

China , on the other, assisted greatly by not devaluing the RMB. In fact, then China's Vice Minister of Foreign Trade and Economic Cooperation, Long Young-tu, said that: "We have evaluated the pros and cons and decided that it is in the best interests of China not to devalue. This might affect China's competitive position but we have more important things to do."

Hindsight, was that a mistake? China could have grown more wealthier. There was no point saving these other SEA countries. Now they just fight with us on SCS and go back to the US camp.

Lesson learned--or not.

In general, I have a lot of respect for Vietnamese people. Hard working and humble from my personal experiences.

Totally the opposite of the actual Vietnamese classmates that I went to highschool / university with. You sure they're not Chinese? A lot of Chinese from Vietnam left after 1976 and fled to US, Canada, etc.

 

[DaiViet]

Sorry to break the news to the OP, the world looks down on Vietnam as a whole, sorry but true. The general view in the west is that Vietnamese are dirty, engage in gangs and many scams..

Speaking of scam and gang and dirty Chinese is second to none but they always think they super power already, king of copy cat and king of thieves stealing other IP.

Do you always use your azz to speak, do you also use your azz to eat too

 

[XiangLong]

Is TPP that deadly to China? lol

Whatever gets that guy off lol

 

[dusjanbe]

Honestly, I like to see people look down or underestimate us like those Chinese morons. But we just raise, succeed out of expectations that would make those look down on us angry, with long sad disappointing face and jump up and down like a monkey. That so entertain me. Good job Nguyen Tan Dung for pioneer Vietnam economic. Keep it up not freaking Truong Chinh, Nong Duc Manh, pro-China with empty head.
”

Try any Western forum, China is pretty much being trashed there, i think is just reverse psychology venting out everything Western posters use to troll them with.

 

[Jlaw]

Try any Western forum, China is pretty much being trashed there, i think is just reverse psychology venting out everything Western posters use to troll them with.

Of course, people in the west are afraid of the rise of China and not the rise of Vietnam.

So they make up fantasies and rehash stereotype of Chinese people little do they know they are also making fun of Japanese, Koreans and Vietnamese in the process.

Believe me I know how you people think

 

[DaiViet]

Of course, people in the west are afraid of the rise of China and not the rise of Vietnam.

So they make up fantasies and rehash stereotype of Chinese people little do they know they are also making fun of Japanese, Koreans and Vietnamese in the process.

Believe me I know how you people think

You know how people think? Then why not go to Casino to make money instead of sitting here make 50 cents per post

 

[dusjanbe]

Of course, people in the west are afraid of the rise of China and not the rise of Vietnam.

Lol , how is China a "threat" to the West when is got beaten hard by the West for the last 150 year. In Europe Russia are percieved as a threat because they won wars in the past and earn "the big title". To put in perspective Russia got many pieces of Eastern Prussia after WWII, while China had to give Hong Kong and Macau to some country half the world away for years to come and still squabbling about some rocks with Japan.

As for the U.S, China is a threat to U.S "interest" in Asia not directly at the U.S while the U.S is a very direct threat aiming at China

Though i can can understand why weaker countries in the periphery is worry because they are to close to China and China can still bully the weaker one.

China don't "rise" is just cathching up with industrialized countries. The only thing Europe should be worry about it is the illegal immigration of Chinese into EU. With "the rise of China" more of them will come

 

[DaiViet]

We enslaved Viets for 1000 years. We know what kind of primitive, ungrateful jungle animals the Viets are. Why should we look down on them? They are best handled with agent orange spray until they turn deformed.

Who are we? You mean you and the people 2000 years ago? Did you do blood test, DNA test, gene test to see if you truely relate to people who "enslaved" us 2000 years ago. Because you dont look smart, dont look like people who could "enslaved" us but look like an inferior product of rape by Manchus, Mongols, or an offshoot of Zhuang, Tai and other shitties in China. You keep repeating the same shitt over and over again, like an azz hole can only shoot same shiit.

 

[mike2000 is back]

Lol , how is China a "threat" to the West when is got beaten hard by the West for the last 150 year. In Europe Russia are percieved as a threat because they won wars in the past and earn "the big title". To put in perspective Russia got many pieces of Eastern Prussia after WWII, while China had to give Hong Kong and Macau to some country half the world away for years to come and still squabbling about some rocks with Japan.

As for the U.S, China is a threat to U.S "interest" in Asia not directly at the U.S while the U.S is a very direct threat aiming at China

Though i can can understand why weaker countries in the periphery is worried because they are to close to China because China can still bullying the weaker one.

China don't "rise" is just cathcing up with other industrialized countries. The only thing Europe should be worried about is the illegal immigration of Chinese into EU. With "the rise of China" more of them will come

I agree completely. I also said something similar to Chinese members on here. They are in no way a threat to us(especially we Europeans), Russia is and has been our main threat for over a century now, and even today Russia still poses the biggest military threat to us BY FAR, CHINA DOESN'T EVEN COMES CLOSE FOR NOW TO BE HONEST. Just like we have seen with Crimea, Georgia, flying its bombers over European and even American airspace,seizing the kurils from Japan after defeating the Japanese at the end of WWII, parts of eastern Europe they got after wars as well, outer Manchuria from China etc etc. What has China taken(land) from us or even any country by war ever? NOTHING AT ALL, If anything we are the ones who have taken a lot from them in the first place. China is/was the only P5 victorious power who lost territory after WWII, that alone tells us a lot.

 

[Azizam]

Try any Western forum, China is pretty much being trashed there, i think is just reverse psychology venting out everything Western posters use to troll them with.

What are those forums? Is there an alternative to this forum with more logical discussions? I think I should consider moving. Nowadays, we barely see any useful discussion going on here.

 

[CCP]

China is/was the only P5 victorious power who lost territory after WWII, that alone tells us a lot.

UK lost ~99% of its land after WWII. (India ,PK,Middle-east, HK...)
FR lost West Africa and Vietnam..
USSR .....
USA lost Philippine

 

[LacViet]

We enslaved Viets for 1000 years. We know what kind of primitive, ungrateful jungle animals the Viets are. Why should we look down on them? They are best handled with agent orange spray until they turn deformed.

what did Mongolian, Manchurian and white people in china in the past ?

 

[CCP]

what did Mongolian, Manchurian and white people in china in the past ?

Mongolian, Manchurian have been massacred and almost extinct.
White people will lose their luck if they fight China right now.

China don't "rise" is just cathching up with industrialized countries. The only thing Europe should be worry about it is the illegal immigration of Chinese into EU. With "the rise of China" more of them will come

How do you like some "illegal immigration" nuclear missiles?

 

[LeveragedBuyout]

What are those forums? Is there an alternative to this forum with more logical discussions? I think I should consider moving. Nowadays, we barely see any useful discussion going on here.

Please let me know where you land if you decide to move on. I lurk on several other niche forums, but I haven't yet found a suitable replacement for PDF (in the holistic sense).