Vietnam Economy Forum

[AViet]

looking at vietnam is so pathetic comparing to other South East Asian countries.

It depends on from what point of view you are looking.

1. Education: second best in South East Asia and one of the best in the world, roughly equal to Canada, Germany or Australia.
2. Health care: second best in South East Asia, with regards to no. of hospital bed per millions. And although the service quality is not good, the professional level of Vietnamese doctors are among the best in South East Asia, if not the world. Surely better than the kind of Latin America or even East Europe, I believe. Vietnam has some of the highest life expectancy in developing world.
3. Political stability: one of the best, if not the best, in South East Asia.
4. Poverty reduction: one of the world lowest poverty rate among developing countries.
5. No religious or ethnic tensions.
6. Manufacturing and exports: increasing fast, while most of the world are decreasing
7. Transport and environment: improving, but still bad

Items 1,2,3, 4 will determine the future and sustainable growth of any country. No.5 is also very important. Come on, give the government some credits it deserves.

If you are comparing Vietnam with Singapore, then I agree, but with other South East Asian countries...

 

[vtnsx]

It depends on from what point of view you are looking.

1. Education: second best in South East Asia and one of the best in the world, roughly equal to Canada, Germany or Australia.
2. Health care: second best in South East Asia, with regards to no. of hospital bed per millions. And although the service quality is not good, the professional level of Vietnamese doctors are among the best in South East Asia, if not the world. Surely better than the kind of Latin America or even East Europe, I believe. Vietnam has some of the highest life expectancy in developing world.
3. Political stability: one of the best, if not the best, in South East Asia.
4. Poverty reduction: one of the world lowest poverty rate among developing countries.
5. No religious or ethnic tensions.
6. Manufacturing and exports: increasing fast, while most of the world are decreasing
7. Transport and environment: improving, but still bad

Items 1,2,3, 4 will determine the future and sustainable growth of any country. No.5 is also very important. Come on, give the government some credits it deserves.

If you are comparing Vietnam with Singapore, then I agree, but with other South East Asian countries...

Can't compare to South East Asia. Vietnam needs to compete with the top USA, Canada, EU. It's been 40 years and Vietnam is so behind. 40 years! Some countries can revolutionize in 5 years! This is due to the suppression of freedom, lack of human rights protection. People should be awarded for being educated, not looked down. Knowledge shouldn't be suppressed but explored and expanded. VCP suppresses freedom and knowledge to control its people and to remain in power. But now with internet, people are getting smarter. VCP will be crushed because it will not last any longer due to the pressure of other countries such as China. Other countries will take over because they allow freedom to thrive for their people. This is why USA is so successful. Hopefully, things will change for the better future in Vietnam.

Until the VCP start realizing that they are selfish people and what they are doing is just killing the country and themselves then that is when the VCP will change. They can't remain in control forever and they know it. Being a small country, you cannot afford to be this selfish.

 

[AViet]

Can't compare to South East Asia. Vietnam needs to compete with the top USA, Canada, EU. It's been 40 years and Vietnam is so behind. 40 years! Some countries can revolutionize in 5 years! This is due to the suppression of freedom, lack of human rights protection. People should be awarded for being educated, not looked down. Knowledge shouldn't be suppressed but explored and expanded. VCP suppresses freedom and knowledge to control its people and to remain in power. But now with internet, people are getting smarter. VCP will be crushed because it will not last any longer due to the pressure of other countries such as China. Other countries will take over because they allow freedom to thrive for their people. This is why USA is so successful. Hopefully, things will change for the better future in Vietnam.

Until the VCP start realizing that they are selfish people and what they are doing is just killing the country and themselves then that is when the VCP will change. They can't remain in control forever and they know it. Being a small country, you cannot afford to be this selfish.

You can say whatever you want, but coming years will be hard times for any "liberal democracy" government, whether Germany or the US, as China economy will loom large and the authoritarian, Chinese and Vietnamese-style system looks much more attractive than the failed system of liberal democracy to most countries in the world.

Probably you belong to the privileged group of "yellow flag" Vietnamese, who can say and write whatever nonsense they want, to whom both Vietnamese government and the US government are very tolerant, because you are just a bunch of losers.

 

[AViet]

And compared with many EU countries today, like Greece, Portugal, Italy, let alone Bulgaria or Romania..... I would choose Vietnam for sure. I had chances to go to Canada as part of its professional immigration program, but declined.

 

[pher]

Can't compare to South East Asia. Vietnam needs to compete with the top USA, Canada, EU. It's been 40 years and Vietnam is so behind. 40 years! Some countries can revolutionize in 5 years! This is due to the suppression of freedom, lack of human rights protection. People should be awarded for being educated, not looked down. Knowledge shouldn't be suppressed but explored and expanded. VCP suppresses freedom and knowledge to control its people and to remain in power. But now with internet, people are getting smarter. VCP will be crushed because it will not last any longer due to the pressure of other countries such as China. Other countries will take over because they allow freedom to thrive for their people. This is why USA is so successful. Hopefully, things will change for the better future in Vietnam.

Until the VCP start realizing that they are selfish people and what they are doing is just killing the country and themselves then that is when the VCP will change. They can't remain in control forever and they know it. Being a small country, you cannot afford to be this selfish.

you are just brainwashed as far as it can go. West just take the top in the recent 300 years before they lived in a life of barbarians, and mind you no single one in west were democratic country before they get rich. democracy is the result of those developed nation rather than the reason.

From a broad view of the world, the only countries which are near to west in terms of development in the past 100 years are asian 4 little dragons, and they share 2 common chractristics: living under China confucius value and authorian governship when its economy took off. Verifying this @AViet

 

[JaiMin]

It depends on from what point of view you are looking.

1. Education: second best in South East Asia and one of the best in the world, roughly equal to Canada, Germany or Australia.
2. Health care: second best in South East Asia, with regards to no. of hospital bed per millions. And although the service quality is not good, the professional level of Vietnamese doctors are among the best in South East Asia, if not the world. Surely better than the kind of Latin America or even East Europe, I believe. Vietnam has some of the highest life expectancy in developing world.
3. Political stability: one of the best, if not the best, in South East Asia.
4. Poverty reduction: one of the world lowest poverty rate among developing countries.
5. No religious or ethnic tensions.
6. Manufacturing and exports: increasing fast, while most of the world are decreasing
7. Transport and environment: improving, but still bad

Items 1,2,3, 4 will determine the future and sustainable growth of any country. No.5 is also very important. Come on, give the government some credits it deserves.

If you are comparing Vietnam with Singapore, then I agree, but with other South East Asian countries...

1st point to be honest, our education lack practical, too much theory and unnecessary subjects. It is mostly focus on doing the test rather than problem solving, communication and evaluation. As the result our students lack social skill. If you talk about primary or secondary education then it is ok but not higher education. Just look at labor market and u can see that. Ofc there is exceptional, like in Ha Noi if u study in Amsterdam then it is not bad at all. But set aside that on IT, Math education sector yes it perform quite reasonable given the amount of capital invested. But u know the Ministry of Education too much focus on " Thành tích" rather than efficiency. Also too much bureaucracy and rigid and lack room to to maneuver. It need to open to private sector and teachers to set syllabus or different syllabus than national ones still OK, let them compete but ofc u still can observe what is teaching right?

 

[vtnsx]

You can say whatever you waft, but coming years will be hard times for any "liberal democracy" government, whether Germany or the US, as China economy will loom large and the authoritarian, Chinese and Vietnamese-style system looks much more attractive than the failed system of liberal democracy to most countries in the world.

Probably you belong to the privileged group of "yellow flag" Vietnamese, who can say and write whatever nonsense they want, to whom both Vietnamese government and the US government are very tolerant, because you are just a bunch of losers.

Why do you sound like an angry loser? Did I hurt your stupid feelings? you're so sensitive, why don't you cry me a river, little boy. Why are you even bringing in "yellow flag"? It means nothing to me and neither does the Vietnamese flag mean anything to me. You're an uneducated loser in Vietnam with no experience about Western Democracy and how it works. I've lived in Vietnam for 10 years and now in Canada for 22 years. I'm much more qualified to talk about Communism and Democracy than you ignorant loser. I got an Degree in Western University, what do you got? a pathetic brainless scum that talk garbage and nonsense. You're so dumb, you don't even know the difference between watching "Youtube" videos and real life situation happening in the US. That's right because you can't afford to COME TO USA. You rely on bribery and robbery to make a living because you're a coward and afraid to stand up for yourself. Pathetic.

Every Democratic systems are different with different countries. To say Chinese system is the same for Vietnam is complete lunatic. China economy is loom large? you must be drinking acid. If the VIetnamese government think their systems are working fine, then why the hell are they coming to America? you ignorant fool.

you are just brainwashed as far as it can go. West just take the top in the recent 300 years before they lived in a life of barbarians, and mind you no single one in west were democratic country before they get rich. democracy is the result of those developed nation rather than the reason.

From a broad view of the world, the only countries which are near to west in terms of development in the past 100 years are asian 4 little dragons, and they share 2 common chractristics: living under China confucius value and authorian governship when its economy took off. Verifying this @AViet

brainwashed for what ? I lived in Vietnam for 10 years and was brainwashed by the ignorant Socialist/Communist of Vietnam. What are they even good for? Did the Communist of Vietnam helped my family? helped my education? They DO nothing. And the only reason you are able to talk to me is because of US technology. The US invented the WORLD WIDE WEB AKA INTERNET! Without the US dollars, China is LESS TO INDIA.

Do you even know what the land of freedom is? stop talking crap when you know nothing about America.

 

[pher]

Why do you sound like an angry loser? Did I hurt your stupid feelings? you're so sensitive, why don't you cry me a river, little boy. Why are you even bringing in "yellow flag"? It means nothing to me and neither does the Vietnamese flag mean anything to me. You're an uneducated loser in Vietnam with no experience about Western Democracy and how it works. I've lived in Vietnam for 10 years and now in Canada for 22 years. I'm much more qualified to talk about Communism and Democracy than you ignorant loser. I got an Degree in Western University, what do you got? a pathetic brainless scum that talk garbage and nonsense. You're so dumb, you don't even know the difference between watching "Youtube" videos and real life situation happening in the US. That's right because you can't afford to COME TO USA. You rely on bribery and robbery to make a living because you're a coward and afraid to stand up for yourself. Pathetic.

Every Democratic systems are different with different countries. To say Chinese system is the same for Vietnam is complete lunatic. China economy is loom large? you must be drinking acid. If the VIetnamese government think their systems are working fine, then why the hell are they coming to America? you ignorant fool.



brainwashed for what ? I lived in Vietnam for 10 years and was brainwashed by the ignorant Socialist/Communist of Vietnam. What are they even good for? Did the Communist of Vietnam helped my family? helped my education? They DO nothing. And the only reason you are able to talk to me is because of US technology. The US invented the WORLD WIDE WEB AKA INTERNET! Without the US dollars, China is LESS TO INDIA.

Do you even know what the land of freedom is? stop talking crap when you know nothing about America.

wow, how proud of you speaking in a tone of US citizen although they treated you just like second rate parasite, and you assume everyone will be west-licking as you scums? Mind you I spent 5 years studying and working in US, nothing you can show off in front of me, a pathetic loser considering you even come from a backward country called Canada.

You even dare to bring out west freedom here. It is the west which commited the most atrocious crime in human history, colonizer, slave vendor and drug trafficker, you name it.

As for debt, remember without China's invention of compass and gunpowder, there will be no US in the first place. moron !!!The whole exsistence of America even the whole west's development attributed to China's such invention, so that they could colonized and looting the world, let alone our paper and printing technology made west mass education and technology advancement become possible. Looking for another meaning of mandarin in English, in fact the whole western civil governing system is copied from China, You ignorant imbicile!!!

 

[AViet]

Why do you sound like an angry loser? Did I hurt your stupid feelings? you're so sensitive, why don't you cry me a river, little boy. Why are you even bringing in "yellow flag"? It means nothing to me and neither does the Vietnamese flag mean anything to me. You're an uneducated loser in Vietnam with no experience about Western Democracy and how it works. I've lived in Vietnam for 10 years and now in Canada for 22 years. I'm much more qualified to talk about Communism and Democracy than you ignorant loser. I got an Degree in Western University, what do you got? a pathetic brainless scum that talk garbage and nonsense. You're so dumb, you don't even know the difference between watching "Youtube" videos and real life situation happening in the US. That's right because you can't afford to COME TO USA. You rely on bribery and robbery to make a living because you're a coward and afraid to stand up for yourself. Pathetic.

Every Democratic systems are different with different countries. To say Chinese system is the same for Vietnam is complete lunatic. China economy is loom large? you must be drinking acid. If the VIetnamese government think their systems are working fine, then why the hell are they coming to America? you ignorant fool.



brainwashed for what ? I lived in Vietnam for 10 years and was brainwashed by the ignorant Socialist/Communist of Vietnam. What are they even good for? Did the Communist of Vietnam helped my family? helped my education? They DO nothing. And the only reason you are able to talk to me is because of US technology. The US invented the WORLD WIDE WEB AKA INTERNET! Without the US dollars, China is LESS TO INDIA.

Do you even know what the land of freedom is? stop talking crap when you know nothing about America.

You seem to have lost your mind. Pathetic.

 

[vtnsx]

You seem to have lost your mind. Pathetic.

When speaking to an ignorant person like you, yes! I do lose my mind. LOL

 

[Carlosa]

Vietnam's foreign investment surges to over $10 billion in Jan-May
http://www.thanhniennews.com/business/vietnams-foreign-investment-surges-to-over-10-billion-in-janmay-62562.html

Vietnam has been promised US$10.15 billion of foreign direct investment in the first five months this year, up a staggering 136 percent from a year ago, according to new data.

A statement from the Ministry of Investment and Planning said Vietnam licensed 907 new foreign projects worth $7.56 billion. Another $2.59 billion was registered for existing projects.

South Korea remained the top investor among 60 countries and territories by committing another $3.42 billion, or nearly 34 percent of the pledges.

Luxembourg came second with nearly $1.25 billion, followed by Singapore with $907 million.

Manufacturing and processing sectors continued to be the top sector, accounting for 65 percent of the registered funds, followed by information and communication with nearly 13 percent and real estate, 5.3 percent.

Investment worth $5.8 billion was disbursed during the period, which was a 17.2 percent increase from last year.

The FDI sector has been enjoying good business in Vietnam this year. It reported a trade surplus of $9.1 billion in the first five months.

 

[Viet]

Nicole Weers
It was a rare sight - US President Barack Obama sitting on a flimsy plastic stool, having a simple Vietnamese meal in a Hanoi restaurant with celebrity chef Anthony Bourdain.

The US$6 (S$8.25) bun cha meal they shared on Monday (May 23) caused a huge buzz on the Internet, with many taking the opportunity to sing the praises of delicious yet affordable Vietnamese street food.

Since then, the restaurant Bun Cha Huong Lien has experienced a surge in customers, with many flocking to try the dish that has been dubbed "bun cha Obama", according to Tuoitrenews.

The culinary offerings in humble eateries in Vietnamese cities make use of fresh ingredients, spices, herbs and French cooking techniques thanks to their colonial past. The results are delicious meals that are inexpensive and irresistible.

Vietnamese restaurants have now sprung up around the world, and in Singapore, many restaurants and eateries now offer typical dishes like pho and banh mi.

Here are six of the best Vietnamese streets eats and where to go for them in Singapore.


1. BUN CHA

Bun cha, a popular Hanoi dish, is pronounced "boon cha", and consists of white rice noodles, herbs and grilled pork. PHOTO: THE NEW PAPER


You can smell this dish even before you see it.

Every city has its own distinctive smell and for the streets of Hanoi, it is the delicious aroma of pork grilling early in the morning.

This quintessential Hanoi dish features marinated pork patties and pork belly grilled over a charcoal fire, perfectly complemented with rice noodles, herbs and a fish sauce broth.

President Obama and Bourdain picked a good spot to have the meal in Hanoi, as the restaurant Bun Cha Huong Lien is a family-style eatery known for having one of the best bun cha in the city.

Where to go: Vietnamese chain Wrap & Roll now has an Obama set meal ($12.90) made up of bun cha Hanoi and Vietnamese beer. This promotion is available from May 28 to June 19 at Wrap & Roll ION Orchard, Changi City Point and The Star Vista.

Another place for bun cha is Uncle Ho Tuckshop (100 Pasir Panjang Road 01-04), which serves this scrumptious dish, a house special, at $12.90.


2. PHO

Vietnamese pho from Pho Hung in Ho Chi Minh City, Vietnam. PHOTO: ST FILE


When someone mentions Vietnamese food, pho would probably be the first dish that springs to mind.

The word pho actually refers to the rice noodles used in this dish, and the Vietnamese term for rice noodles is banh pho.

A bowl of pho usually consists of a hearty broth, made from boiling beef bones for hours, served with rice noodles, basil leaves, bean sprouts and a meat topping of usually beef slices or beef balls.

Where to go: Pho can be found in many Vietnamese restaurants in Singapore, and is the speciality dish of popular Vietnamese chain NamNam ($9-$19.90), Pho Stop ($8.10-$9.50, 72 Tanjong Pagar Road) and Mrs Pho ($7.90-$8.90, 349 Beach Road).


3. COM TAM

Sauteed lemongrass pork slices from COMNAM Broken Rice restaurant at Raffles City Shopping Centre at 252 North Bridge Road, #B1-46/47. PHOTO: LES AMIS GROUP


If you want to spice up your meal with something more than just the plain white rice, com tam must be your pick.

The flavourful dish is made with broken rice, which are rice grains that have been fractured during the milling process, making the grains smaller.

A typical bowl of com tam comes with sliced vegetables, fried egg and pork chop, accompanied by Vietnam's renowned fish sauce.

Other variations of this dish include the rice served with lemongrass wagyu beef or prawns.

Where to go: Grab a wholesome com tam at Comnam (B1-46/47 Raffles City Shopping Centre), popular for its affordable rice bowls, with prices ranging from $10.90 to $15.


4. BANH MI

Banh mi made with freshly baked baguettes, from Vietnamese restaurant Moc Quan. PHOTO: ST FILE


Often fondly described as a Subway sandwich with a Vietnamese twist, the banh mi consists of a baguette - crispy on the outside, soft on the inside - stuffed full with a variety of meat, usually pork, and pickled vegetables such as carrots and cucumbers.

Sauces like mayonnaise, fresh cilantro or chilli are also added as finishing touches to the sandwich.

In Vietnam, banh mi is typically sold at roadside stalls or push carts, making it the perfect choice for those who want something tasty and easy to eat on the go.

Where to go: Baguette - The Viet Inspired Deli, located at Marina Bay Link Mall and Hitachi Tower, is famous for its variety of baguettes such as its signature Saigon and Lemongrass Beef Sausage. Prices range from $3.30 to $3.70 for a mini and $6 to $7 for a regular baguette. Sandwich Saigon Cafe (93 East Coast Road) also serves unique banh mi with ingredients such as chicken cheese sausage and fish otah. Prices range from $6.90 to $8.50.


5. GOI CUON

Goi cuon, Vietnamese rolls, from Pho Pho Vietnamese Cuisine at Telok Ayer Street. PHOTO: PHO PHO VIETNAMESE CUISINE


For those who have a soft spot for spring rolls or popiah, goi cuon is the dish of choice for you.

This Vietnamese version is made up of fresh greens, rice noodles, pork slices and/or prawns all rolled in a translucent layer of rice paper.

Together with a special dipping sauce, this dish is flavourful and probably healthier for you as the roll is not deep fried.

Where to go: Vietnamese chain Wrap & Roll, famous for their Roll-It-Yourself dishes, features this appetizer at the price of $5.90 for two pieces and $11.90 for four pieces.


6. CA PHE SUA DA

Legendee, an in-house blend made from coffee beans excreted by wild weasels, using a drip filter, is available at Trung Nguyen Cafe. PHOTO: TRUNG NGUYEN COFFEE


For avid coffee-drinkers, getting a caffeine fix the Vietnamese way is more than just having your brew black or white.

Ca phe sua da literally translates into the three ingredients used to make this exquisite coffee drink - coffee, milk and ice.

The traditional process of making a cup of ca phe sua da involves dripping the rich and aromatic brew through a filter and into a cup containing 2 to 3 tablespoons of sweetened condensed milk.

The filtered coffee is then poured into a cup of ice for a refreshing cold brew that's sweet but with a great caffeine kick.

Where to go: For a caffeine buzz the Vietnamese way, head to Trung Nguyen Cafe - Vietnam's equivalent of Starbucks (L1-71, Bay Level, The Shoppes at Marina Bay Sands). Prices range from $5 to $16.50 for a hot cup of traditional Vietnamese drip coffee and $5.50 to $17 for the iced version.

 

[CountStrike]

Japan's ANA Holdings Become Strategic Partner Of Vietnam Airlines

TOKYO, May 30 (Bernama) -- Japan's ANA Holdings will buy 8.77 per cent of Vietnam Airlines' stake worth US$109 million, becoming the national flag carrier's strategic shareholder under a strategic cooperation deal signed in Tokyo on Saturday, Vietnam News Agency (VNA) reported.

From June 30, Vietnam Airlines and ANA Holdings will launch 30 domestic and 10 international code-share routes.

Frequent passengers are able to accumulate mileages for rewards on code-share flights.

Both sides will also cooperate in check-in procedures, cargo, transport and dining services, aircraft maintenance and other ground services in Vietnam's and Japan's airports.

ANA and its affiliates committed to providing Vietnam Airlines with technical assistance in workforce governance, strategic planning, information technology and training.

As Japan's largest carrier in terms of revenue and passengers, ANA Holdings is the parent company of All Nippon Airways and low-cost airline Vanilla Air. It owns a fleet of 240 planes flying to 88 destinations and serves 47 million passengers each year.

It is also a member of Star Alliance.

-- BERNAMA

 

[gtiger]

Some countries can revolutionize in 5 years!

I'm curious. What country did revolutionize in 5 years? Some countries' economic growth have been miraculous, but they all need much more than 5 years. Take the case of South Korea. The Korean war ended in 1953. After the South Korean government took the plunge and accept investment from the old enemy Japan, its economy grew fast, but it wasn't until the late 1980s that it became an Asian tiger. That's quite remarkable, but that wasn't in 5 years.

 

[AViet]

1st point to be honest, our education lack practical, too much theory and unnecessary subjects. It is mostly focus on doing the test rather than problem solving, communication and evaluation. As the result our students lack social skill. If you talk about primary or secondary education then it is ok but not higher education. Just look at labor market and u can see that. Ofc there is exceptional, like in Ha Noi if u study in Amsterdam then it is not bad at all. But set aside that on IT, Math education sector yes it perform quite reasonable given the amount of capital invested. But u know the Ministry of Education too much focus on " Thành tích" rather than efficiency. Also too much bureaucracy and rigid and lack room to to maneuver. It need to open to private sector and teachers to set syllabus or different syllabus than national ones still OK, let them compete but ofc u still can observe what is teaching right?

Thank you for your reply and sorry for my late response, as I was not in the mood to talk about this subject.

I did not pass the test to enter Hanoi-Amsterdam in 1988. My brother, who won the third prize in Hanoi Math Olympiad, studied at this school and then Hanoi University of Technology. He is ambitious and now developing many apps, hoping to imitate the success of Nguyễn Hà Đông, who graduated from the same University. (Just joking).

Regarding the quality of education, I do not trust the discussion in media now. Now under me, there are dozens of expats, who hold degree from Leeds, Pensylvania, KIT,...I do not see they outperform our engineers who graduate from Hanoi University of Tech, or even lower-tier technical universities, such as Hanoi university of Industry, Da Nang or Ho Chi Minh university ot Tech. In most cases, they underperform Vietnamese engineers, except in English skill.

Sadly, good English skill is a must to work for foreign companies, which in general pay more generously. Hence currently, people would prefer an Anglo-Saxon degree, whatever it is and regardless of quality, to get a well-paid job in Vietnam.

I am not sure about R&D, but for normal engineering works, I would prefer Vietnamese degree holders, who is more disciplined and generally, know more than engineers who study abroad with English not their mother tongue.

With regards to social subjects, like Finance, history, MBA, etc. I see that most Western degree holder are quite useless when working in Vietnamese environment. Their knowledge are very limited, but having a foreign degree, especially from the US, make them so arrogant that they cannot work well with others.