Vietnam to build a high-speed train system

[Gufi]

Haikou Railway Station (Chinese:海口站) is the northern terminal of the Hainan Eastern Ring High-Speed Railway and the Hainan Western Ring Railway. It is located near the Hainan terminal of the Guangdong–Hainan Ferry, in the far western suburbs of Haikou, the capital of Hainan Province of the People's Republic of China.

Haikou Railway Station - Wikipedia, the free encyclopedia
@AndrewJin

 

[BoQ77]

That's good, so the parts to fix cars are cheap. The big money is for the new car.
Crazy car prices in Vietnam, that really needs to change.
Kia morning, super small car, goes for $19,000. Crazy.

Spare parts is not cheap.
Same part number: for after market service always double price of that part for assembly, even more.

Cars in Vietnam?
My policy at this moment,
choose the most suitable models : give them more preferential policy, but high localization.
others : leave them compete with imported cars.

2018 would be the first year of Zero percent import tax rate of cars throughout ASEAN

 

[hans]

Nice!
I have been to Yanoda forest once..

@hans
UbView attachment 201452

I guess the political issue..
The government is not going to send many tourist to a place where anti-Chinese riots could happen..
For those tourist friendly countries like Thailand, government encourage tourist to go.

What's the reason for them not to come ?

 

[Carlosa]

2018 would be the first year of Zero percent import tax rate of cars throughout ASEAN

Yes, but I wonder if the government will just replace those import duties with other taxes in order to keep the prices high.

 

[BoQ77]

Nice!
I have been to Yanoda forest once..
I guess the political issue..
The government is not going to send many tourist to a place where anti-Chinese riots could happen..
For those tourist friendly countries like Thailand, government encourage tourist to go.

There're something I must tell you and other Chinese people.
Any dispute, harmless to Chinese tourists.

I'm not sure, if we could be safe in China at the same time, but Chinese are safe in Vietnam.

The fighting cause injuries, happen between two groups of workers in the same area.
We know those fightings ever happened in the past, sometimes it's Chinese workers who cause the fighting, sometimes by Vietnamese workers.

It's non-related to hatred between two nationals.

The people are free to travel, and I think PH bananas doesn't suddenly contaminate with something hazardous.

Yes, but I wonder if the government will just replace those import duties with other taxes in order to keep the prices high.

I hope not, it would be great. Because expressway has been building.
How about Da Nang - Quang Ngai ?

 

[Carlosa]

There're something I must tell you and other Chinese people.
Any dispute, harmless to Chinese tourists.

I'm not sure, if we could be safe in China at the same time, but Chinese are safe in Vietnam.

The fighting cause injuries, happen between two groups of workers in the same area.
We know those fightings ever happened in the past, sometimes it's Chinese workers who cause the fighting, sometimes by Vietnamese workers.

It's non-related to hatred between two nationals.



I hope not, it would be great. Because expressway has been building.
How about Da Nang - Quang Ngai ?

Danang has very good roads and now they are finishing the connection to Quang Ngai.

 

[hans]

Personally I would agree with you.
Yet the government would think about other factors..
Even a rare issue could make the government in high pressure..
In the last anti-Chinese riots, 4 Chinese are killed and there are strong voice of taking further action .
But finally I think both countries calm down. Chinese government takes a lot of pressure.

For Vietnam people in China, you are absolutely safe..
Killing people with malicious intention will be sentenced to death penalty.
No matter where the victim from...

There're something I must tell you and other Chinese people.
Any dispute, harmless to Chinese tourists.

I'm not sure, if we could be safe in China at the same time, but Chinese are safe in Vietnam.

The fighting cause injuries, happen between two groups of workers in the same area.
We know those fightings ever happened in the past, sometimes it's Chinese workers who cause the fighting, sometimes by Vietnamese workers.

It's non-related to hatred between two nationals.

 

[BoQ77]

Danang has very good roads and now they are finishing the connection to Quang Ngai.

normally, Vietnamese doesn't goes around too far from home. But with new, good roads, AND benefit from Zero percent policy, I think Vietnamese would rush for pickup trucks, SUV or MPV suitable to their need.

 

[hans]

Very possible..
For small countries without auto industry, importing too many cars will bring huge imbalance of foreign currency..
You have to export more ..

Yes, but I wonder if the government will just replace those import duties with other taxes in order to keep the prices high.

 

[BoQ77]

Very possible..
For small countries without auto industry, importing too many cars will bring huge imbalance of foreign currency..
You have to export more ..

Asean would be closer to one community at this year end. The cars made in ASEAN would get benefit, while outside wouldn't, as ATIGA ( Asean Trade In Goods Agreemen ) tariff schedule

 

[hans]

But you are not going to trade with your own currency..
You have to trade with foreign currency like USD, etc..
Then you are going to lose a lot of foreign currency for car importing...
ASEAN community is not going to help that..

Asean would be closer to one community at this year end. The cars made in ASEAN would get benefit, while outside wouldn't, as ATIGA ( Asean Trade In Goods Agreemen ) tariff schedule

 

[BoQ77]

But you are not going to trade with your own currency..
You have to trade with foreign currency like USD, etc..
Then you are going to lose a lot of foreign currency for car importing...
ASEAN community is not going to help that..

don't worry, Vietnam is the number one exporter of ASEAN to USA.
More, oversea Vietnamese in USA sending nearly 8 billion dollars home annually.

 

[hans]

Yet Vietnam still need to import the material from China and earn the tiny profit of assembling..
While importing autos are quite expensive...

don't worry, Vietnam is the number one exporter of ASEAN to USA.

 

[BoQ77]

Yet Vietnam still need to import the material from China and earn the tiny profit of assembling..
While importing autos are quite expensive...

Any export from Vietnam to USA would be adjusted to be compliant with TPP regulation : No outside materials.
maybe next year. So today they still import material of textile from China, but totally stop next year.

Even, Intel chips made in Vietnam, so we could hope more,
China is not the exporter of high tech items to Vietnam, so it could be replaceable.

At this moment, Vietnam importing auto from USA, Japan, ... so it's less affect to import from ASEAN.

 

[hans]

By joining TPP you are just selling yourself to US..
Wanna scaring China??

What China produce is not much high tech.
Yet most countries in this planet cannot produce same quality with same low price..
So China is replaceable from tech side but not replaceable from economy side..

Any export from Vietnam to USA would be adjusted to be compliant with TPP regulation : No outside materials.
maybe next year. So today they still import material of textile from China, but totally stop next year.

Even, Intel chips made in Vietnam, so we could hope more,
China is not the exporter of high tech items to Vietnam, so it could be replaceable.

At this moment, Vietnam importing auto from USA, Japan, ... so it's less affect to import from ASEAN.