Vietnam External Trades surpass $405 billion in mid December

[cirr]

Yet Vietnam's 2016 GDP is still only 204.6 billion USD, about 70% of that of Guangxi, one of the poorest autonomous region in China bordering Vietnam.

 

[Nike]

Actually manufacturing hardware and stuff is still everything, cut the past and trying to get the third phase of industrialization will not get you anywhere. Western power like US, france, UK, russia, German all had mastering the manufacturing prowess and process thats why they can leisurely getting the service and ITC industry without being worried they dont have suitable platform for their technology invention. Japan and Sokor all had mastering manufacturing process too, so they can move forward toward third phase of industry.

I can argue, why Indian defense industry is not capable to producing any worthy platform like Artillery, UAV, cargo planes, Tank or fighter recently is because there is lag in their manufacturing sector. Compared them with the new entrant like Sokor in which capable to producing world class arms on time and on budget.

 

[TaiShang]

Actually manufacturing hardware and stuff is still everything, cut the past and trying to get the third phase of industrialization will not get you anywhere.

Definitely. Skip manufacturing tangible stuff phase of development, and end up an India right there.

Which developing country, North Korea included, would be willing to swap their place in development with that of India?

I believe none.

 

[Spy Master]

Ok at least you admit the reality. Look, as software companies, I believe you know it: Making software is hundred times more difficult than making hardware. I work in the field I know it. the world currently moves from hardware to software. Ok I am not saying India is a giant in making software nor the Chinese can’t make good software. but there is a small but important difference between China and India. India people have little problem with english proficiency and transfer knowledge to audience, while the Chinese mostly fail in these fields.

Dear, software is much easier than Hardware, even simple 8051 and AVR programming is much difficult for newbies than doing programming in C# or Java..secondly, I don't know why you say that world is moving from Hardware to software, Software needs hardware to run!

 

[Viet]

Dear, software is much easier than Hardware, even simple 8051 and AVR programming is much difficult for newbies than doing programming in C# or Java..secondly, I don't know why you say that world is moving from Hardware to software, Software needs hardware to run!

Look, assume you have blueprints & money you can buy a product line for car, computer or ship. But can you buy a program or software that is never written before? Sure you can write codes in c, c++ or other languages as easy as you said but how far would you come to make it commercially useful? Most attempts end up in kindergarten stage.

The world has half of population that survives on one dollar a day. If you are expert in SAP programming language, companies are ready to give you as much as 200 dollars a hour. Yes per hour. Most major Germany companies use SAP applications. Of course software needs hardware to run, but the role is less important and hardware can easily be replaced if defective. the development of new hardware is much easier.

Ok take again Google. What do you think why it usually takes only seconds to deliver a response to a query that a human would take millions of year? Ok I give you a hint: Google builds own hardware, the world’s fastest switches.

But having the fastest network is not enough to give Google an edge over competitors. Other can build the same.

 

[Spy Master]

Look, assume you have blueprints & money you can buy a product line for car, computer or ship. But can you buy a program or software that is never written before? Sure you can write codes in c, c++ or other languages as easy as you said but how far would you come to make it commercially useful? Most attempts end up in kindergarten stage.

The world has half of population that survives on one dollar a day. If you are expert in SAP programming language, companies are ready to give you as much as 200 dollars a hour. Yes per hour. Of course software needs hardware to run, but the role is less important and hardware can easily be replaced if defective. the development of new hardware is much easier.

Take again Google. What do you think why it usually takes only seconds to deliver a response to a query that a human would take millions of year? Ok I give you a hint: Google builds own hardware, the world’s fastest switches.

Dear, I quoted you because you said hardware is easier than software not about the significance of both, Hardware implementation is much difficult than software, also if you look at current flux, you can find tons of good software programmers but only hundreds of good hardware programmers. Yes no doubt software is eating the world nowadays, but the topic in discussion was ease of both software and hardware! Anyhow, you are entitled to your opinion!

 

[Viet]

Dear, I quoted you because you said hardware is easier than software not about the significance of both, Hardware implementation is much difficult than software, also if you look at current flux, you can find tons of good software programmers but only hundreds of good hardware programmers. Yes no doubt software is eating the world nowadays, but the topic in discussion was ease of both software and hardware! Anyhow, you are entitled to your opinion!

Ok I got your point.

Exactly software will eat the world. The new trend is SDN/openflow and NFV.

Yet Vietnam's 2016 GDP is still only 204.6 billion USD, about 70% of that of Guangxi, one of the poorest autonomous region in China bordering Vietnam.

Ok the Koreans provide $13.5 billion cheap loan, because they know too, you are rich while we are poor.

 

[Edison Chen]

The Southeast Asian economy exported roughly $204 billion of goods over the Dec. 15 year-to-date period

 

[TaiShang]

Korean supplier Hanon to build third compressor plant in Dalian

Automotive News China | 2017/12/22

DALIAN -- Korean supplier Hanon Systems says it plans to build a third plant in the northeast China city of Dalian to produce compressors.

Hanon opened its first factory in Dalian in 2004. Today, the company’s operations produce 2.7 million compressors annually. Hanon also is the largest Korean company in terms of sales in the Dalian area in China.

"We are pleased to receive this formal approval to invest and expand our Dalian operations, which is critical to support our business growth with local China automakers and global vehicle manufacturers operating in China," said company CEO In-Young Lee.

http://www.autonewschina.com/en/article.asp?id=17039

 

[Viet]

exactly, software is where the fat operating margin lies. Just think of a hardware which has crappy user interface, no one will buy it. Fact that some software is more expensive than cpu or gpu is testament to it. One of the critical resources for software is talent ie ppl. voila you have low input to high output which can be rapidly scaled or started..etc

The very fact americans have outsourced most of the hardware manufacturing outside the country should give more hint on which is more profitable.

By the way, India should certainly have more trade with Vietnam. Hopefully India should start importing more electronic hardware from friendly Vietnam.

bro India can look for VN made products on Alibaba, a great platform for great people. my first search delivers 700,000 VN made products. why import from China? the chinese brag they are rich, don´t need trades with poor countries.

https://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&SearchText=Vietnam

 

[AViet]

Whether software or hardware is more important, India is still good at none. Saying India is good at software because of instructors and IT support companies is like saying the Phillipines is a giant in maritime industry or petrochemical / oil industry because Fillipino sailors / engineers are everywhere.

 

[Viet]

Those are some impressive figures.

too little, look at Germany, a country that is smaller than Vietnam in size and population: trade volume of $2,400 billion a year. we even export less than Singapore. since we are at it, a good news: with the beginning of new year, three shippers Danmark´s MCC Transport, Taiwan’s Yang Ming Line, Hong Kong´s OOCL will link Vietnam to China, HK and Japan with new routes. I hope we can launch a regular shipping route to Singapore and India too.

https://www.joc.com/maritime-news/c...-cover-growing-intra-asia-trade_20171215.html

 

[Mista]

too little, look at Germany, a country that is smaller than Vietnam in size and population: trade volume of $2,400 billion a year. we even export less than Singapore. since we are at it, a good news: with the beginning of new year, three shippers Danmark´s MCC Transport, Taiwan’s Yang Ming Line, Hong Kong´s OOCL will link Vietnam to China, HK and Japan with new routes. I hope we can launch a regular shipping route to Singapore and India too.

https://www.joc.com/maritime-news/c...-cover-growing-intra-asia-trade_20171215.html

Vietnam is still a developing country so it's still premature to compare Vietnam to other developed countries. What was impressive to me is the growth in such a short period of time.

 

[Bussard Ramjet]

not a problem, you see, Vietnam is a late starter, but now has emerged as direct competitor to China as industrial and manufacturing hub. we import lots of stuffs from China, the Chinese increasingly source products from Vietnam. we are both partner and enemy in trade. why should there be any difference if coming to India? you have now more options when buying a crane from China or from Vietnam. we can buy blueprints of destroyers submarines from you. win win.

Umm... No.

Vietnam is not even in the same league as China when it comes to industrial structure. Vietnam's major exports and value addition all display patterns of relatively low skilled work for now.

And trade with China is huge due to following reasons:

1. Geography: For God Sake you share an actual border with each other! And in maritime sense you people are pretty much next door neighbors.
2. Culture: Vietnam is ultimately a very Sinitic civilization. There are far more Vietnamese who learn Chinese and live, stay, and trade with China than that with India. Similarly, far more Chinese do the same with Vietnam.
3. Industrial Structure: Vietnam is grabbing a lot of manufacturing that is leaving China, at the lower end. This often requires imports of components, parts, machinery, and raw materials, and exports of goods.

On the other hand, India is usually in direct competition with Vietnam. Both India and Vietnam are trying to grab the jobs and manufacturing exiting China right now.

For example:

Both India and Vietnam are competing for the apparel business and boosting their apparel exports.

Both India and Vietnam are competing for establishing electronics supply chain from almost nil. Vietnam has already gained some substantial assembly and testing work. The same is true for India as well.

The economic structure of India and Vietnam right now largely makes them a competitor.

Obviously since India is a huge country with huge diversity, there are sectors where India is more ahead than its per capita GDP would expect others for it to be.

Yet Vietnam's 2016 GDP is still only 204.6 billion USD, about 70% of that of Guangxi, one of the poorest autonomous region in China bordering Vietnam.

When Chinese members here use their relative economic success to browbeat others, they are not serving Chinese interests. They are serving their own interests, by extracting some fun at other's expense. But Chinese interests suffer, because such comparisons, even with hostile neighbors make them have a negative attitude towards China.

Humility in success, and resilience in defeat. The mantra given by wise sages.

 

[Viet]

Umm... No.

Vietnam is not even in the same league as China when it comes to industrial structure. Vietnam's major exports and value addition all display patterns of relatively low skilled work for now.

And trade with China is huge due to following reasons:

1. Geography: For God Sake you share an actual border with each other! And in maritime sense you people are pretty much next door neighbors.
2. Culture: Vietnam is ultimately a very Sinitic civilization. There are far more Vietnamese who learn Chinese and live, stay, and trade with China than that with India. Similarly, far more Chinese do the same with Vietnam.
3. Industrial Structure: Vietnam is grabbing a lot of manufacturing that is leaving China, at the lower end. This often requires imports of components, parts, machinery, and raw materials, and exports of goods.

On the other hand, India is usually in direct competition with Vietnam. Both India and Vietnam are trying to grab the jobs and manufacturing exiting China right now.

For example:

Both India and Vietnam are competing for the apparel business and boosting their apparel exports.

Both India and Vietnam are competing for establishing electronics supply chain from almost nil. Vietnam has already gained some substantial assembly and testing work. The same is true for India as well.

The economic structure of India and Vietnam right now largely makes them a competitor.

Obviously since India is a huge country with huge diversity, there are sectors where India is more ahead than its per capita GDP would expect others for it to be.



When Chinese members here use their relative economic success to browbeat others, they are not serving Chinese interests. They are serving their own interests, by extracting some fun at other's expense. But Chinese interests suffer, because such comparisons, even with hostile neighbors make them have a negative attitude towards China.

Humility in success, and resilience in defeat. The mantra given by wise sages.

bro we have come from a long way, traveling a century long thru a deep valley of blood and tears, such remark from Chinese here and there sounds sometimes disgusting but overall ignorable. In the 1980 we were one of poorest countries on the planet, with $100 per capita a year. Can you imagine that? In 1990 economically we played in as the same league as Burma.

If you think we place our bet on manufacturing jobs leaving China for Vietnam then you are wrong. China is big and populous but she only plays a junior role in VN’s effort of industrialization. Vietnam main export items are electronics not garments. We want to catch up with Singapore in exports in few years, and reach $1 trillion in export in 10 years. You are right we won’t achieve our goals by low skilled workers. We need to invest huge sum in education.

I haven’t said we now produce same high priced products as the Chinese. Not yet, but we want to get there with help of some friends in the region such as Korea and Japan.

Ah last, according to some estimates Vietnam GDP is $328 billions this year.