Vietnam's economic, security interests at odds in battle for Ukraine

[Viet]

Hanoi
A TRIPLE whammy of coal shortages, higher energy costs and soaring inflation could be on the cards for Vietnam if Russia's invasion of Ukraine drags on, said analysts.
Long Pham, chief economist at Ho Chi Minh Securities Corporation, told The Business Times that bilateral trade between Russia and Vietnam accounted for only about 1 percent of Vietnam's trade and the impact would be minimal.
He noted, however, that Russia was the third largest supplier of coal to Vietnam.

https://www.businesstimes.com.sg/asean-business/vietnams-economic-security-interests-at-odds-in-battle-for-ukraine

 

[vi-va]

When US demands Vietnam to condemn and sanction Russia, Vietnam has to nod.

 

[Indos]

Energy products from Russia are not fully banned though, Vietnamese can still buy Russian coal but with more difficulty, that's it.

Coal price Today is 437 USD per ton, much higher when energy crisis happened in October 2021 where coal price was at around 247 USD per ton. The price that will make Vietnam and other coal importers face difficulty.

Oil price will likely cool down a bit if Iran Nuclear deal is struck, but coal and gas price is likely to remain very high since it is related to Western european countries effort to swich Russian gas with coal. Power plant dont use oil anymore.

Long term gas contract is usually tied to oil price, so if oil price is cooling down, long term gas price will also cool, while spot market will likely remain very high due to European demand.

If Iran and Venezuela oil spur the market I predict oil price will remain below 100 USD per barrel, between 90-98 USD per barrel.

Oil price at the moment is already very high, 130 USD per barrel, so JP Morgan is right and they have made huge profit since they have bet oil price will cross 100 USD per barrel since middle 2021

 

[Han Patriot]

Hanoi
A TRIPLE whammy of coal shortages, higher energy costs and soaring inflation could be on the cards for Vietnam if Russia's invasion of Ukraine drags on, said analysts.
Long Pham, chief economist at Ho Chi Minh Securities Corporation, told The Business Times that bilateral trade between Russia and Vietnam accounted for only about 1 percent of Vietnam's trade and the impact would be minimal.
He noted, however, that Russia was the third largest supplier of coal to Vietnam.

https://www.businesstimes.com.sg/asean-business/vietnams-economic-security-interests-at-odds-in-battle-for-ukraine

See Vietnam is starting to bite their old friends again.

 

[vi-va]

See Vietnam is starting to bite their old friends again.

I won't be surprised one day Vietnam announce they will sanction Russia for the sake of US friendship.

 

[Nan Yang]

I won't be surprised one day Vietnam announce they will sanction Russia for the sake of US friendship.

US probably needs Vietnam more.

 

[Song Hong]

Energy products from Russia are not fully banned though, Vietnamese can still buy Russian coal but with more difficulty, that's it.

Coal price Today is 437 USD per ton, much higher when energy crisis happened in October 2021 where coal price was at around 247 USD per ton. The price that will make Vietnam and other coal importers face difficulty.

Oil price will likely cool down a bit if Iran Nuclear deal is struck, but coal and gas price is likely to remain very high since it is related to Western european countries effort to swich Russian gas with coal. Power plant dont use oil anymore.

Long term gas contract is usually tied to oil price, so if oil price is cooling down, long term gas price will also cool, while spot market will likely remain very high due to European demand.

If Iran and Venezuela oil spur the market I predict oil price will remain below 100 USD per barrel, between 90-98 USD per barrel.

Oil price at the moment is already very high, 130 USD per barrel, so JP Morgan is right and they have made huge profit since they have bet oil price will cross 100 USD per barrel since middle 2021

Vietnamese buying Russian coal??????????


There are lots of good and high quality coal in Quang Ninh that can last at least 200 years.

And Vietnam is giving up on coal because US and Jews are sabotaging everyone with their global warming scam.

 

[vi-va]

US probably needs Vietnam more.

Vietnam is a bargaining chip, a chip is a chip. While US is the one using the chip.

Step 1: Announce you are my partner
Step 2: Mutual interest, given and taken
Step 3: Interdependence formed
Step 4: Obey my command

Put India and Vietnam into the formula, you will see.

 

[Song Hong]

Vietnam is a bargaining chip, a chip is a chip. While US is the one using the chip.

Step 1: Announce you are my partner
Step 2: Mutual interest, given and taken
Step 3: Interdependence formed
Step 4: Obey my command

Put India and Vietnam into the formula, you will see.

Some Vietnamese especially those from the South, today forgot how US killed and raped them. They think Dang Cong San trouble maker and US come and prevent spreading of communism.

Before Dang Cong San, Vietnamese were living like slave and 90% were tenant farmers.

Vietnamese do not know there are many 5th column even in Dang Cong San, who wish to establish slavery system, together with their US masters.

 

[vi-va]

Some Vietnamese especially those from the South, today forgot how US killed and raped them. They think Dang Cong San trouble maker and US come and prevent spreading of communism.

Before Dang Cong San, Vietnamese were living like slave and 90% were tenant farmers.

Vietnamese do not know there are many 5th column even in Dang Cong San, who wish to establish slavery system, together with their US masters.

The difference between China and Vietnam.

1. China spent 100 years fighting against imperialism before 1949
2. China had war against enemy inside and outside for 30 years before 1949
3. China had 20 years for ideology and economy transform, from 1969 to 1989
4. China had almost 30 years of social revolution from 1949-1976
5. China had 30 years of heavy industry development from 1949-1976
6. China had 40 years of high speed economy development from 1979-2022

Vietnam has much less of those.

1. Vietnam was in semi war mode or full war mode from 1945-1989.
2. Suddenly, Soviet collapsed. Vietnam has to adopt the new international reality. The old and new mixed, the rotten class was deeply rooted.
3. Vietnam opened up to the west, the economy and social development contrast is huge.
4. Vietnam social transformation is too fast.

 

[Song Hong]

The difference between China and Vietnam.

1. China spent 100 years fighting against imperialism before 1949
2. China had war against enemy inside and outside for 30 years before 1949
3. China had 20 years for ideology and economy transform, from 1969 to 1989
4. China had almost 30 years of social revolution from 1949-1976
5. China had 30 years of heavy industry development from 1949-1976
6. China had 40 years of high speed economy development from 1979-2022

Vietnam has much less of those.

1. Vietnam was in semi war mode or full war mode from 1945-1989.
2. Suddenly, Soviet collapsed. Vietnam has to adopt the new international reality. The old and new mixed, the rotten class was deeply rooted.
3. Vietnam opened up to the west, the economy and social development contrast is huge.
4. Vietnam social transformation is too fast.

There are many race traitors in Vietnam especially from Ho Chi Minh City. Some "reform" they implemented harm vietnam beyond repair.

For example infrastructure building is crazy expensive in Vietnam because vietnam privatize land.

The property were snapped up at rock bottom price by white glove with relative in USA. Now price is crazy in Hanoi and HCMC. Government cant build anything.

 

[vi-va]

There are many race traitors in Vietnam especially from Ho Chi Minh City. Some "reform" they implemented harm vietnam beyond repair.

For example infrastructure building is crazy expensive in Vietnam because vietnam privatize land.

The property were snapped up at rock bottom price by white glove with relative in USA. Now price is crazy in Hanoi and HCMC. Government cant build anything.

Vietnam is more like East European countries, the former soviet block

While, India and Yugoslavia shared a lot of commonality of social issue, India was lucky, while Yugoslavia is not.

 

[Viet]

Energy products from Russia are not fully banned though, Vietnamese can still buy Russian coal but with more difficulty, that's it.

Coal price Today is 437 USD per ton, much higher when energy crisis happened in October 2021 where coal price was at around 247 USD per ton. The price that will make Vietnam and other coal importers face difficulty.

Oil price will likely cool down a bit if Iran Nuclear deal is struck, but coal and gas price is likely to remain very high since it is related to Western european countries effort to swich Russian gas with coal. Power plant dont use oil anymore.

Long term gas contract is usually tied to oil price, so if oil price is cooling down, long term gas price will also cool, while spot market will likely remain very high due to European demand.

If Iran and Venezuela oil spur the market I predict oil price will remain below 100 USD per barrel, between 90-98 USD per barrel.

Oil price at the moment is already very high, 130 USD per barrel, so JP Morgan is right and they have made huge profit since they have bet oil price will cross 100 USD per barrel since middle 2021

That’s the best time ever for you Indonesia. Energy prices will hit the roof. Putin will not back down. Hard times ahead.

By the way Vietnam domestic coal reserves is enough for 65 years. Unproven reserves is even estimated enough hundreds of years. Problem is Vietnam coals are dirty not good for modern coal power plants.

Vietnam Coal Reserves and Consumption Statistics - Worldometer

Current and historical Reserves, Production, and Consumption of Natural Coal in Vietnam. Global rank and share of world's total. Data, Statistics and Charts.

www.worldometers.info

 

[vi-va]

That’s the best time ever for you Indonesia. Energy prices will hit the roof. Putin will not back down.

By the way Vietnam domestic coal reserves is enough for 65 years. Unproven reserves is even estimated enough hundreds of years. Problem is Vietnam coals are dirty not good for modern coal power plants.

Vietnam Coal Reserves and Consumption Statistics - Worldometer

Current and historical Reserves, Production, and Consumption of Natural Coal in Vietnam. Global rank and share of world's total. Data, Statistics and Charts.

www.worldometers.info

 

[Song Hong]

That’s the best time ever for you Indonesia. Energy prices will hit the roof. Putin will not back down. Hard times ahead.

By the way Vietnam domestic coal reserves is enough for 65 years. Unproven reserves is even estimated enough hundreds of years. Problem is Vietnam coals are dirty not good for modern coal power plants.

Vietnam Coal Reserves and Consumption Statistics - Worldometer

Current and historical Reserves, Production, and Consumption of Natural Coal in Vietnam. Global rank and share of world's total. Data, Statistics and Charts.

www.worldometers.info

Quang Ninh has world best coal. Current known reserve can last 70 years. And there are so many coal in Quang Ninh that unexplored. Lots of room to revise upwards.

越南广宁煤田的无烟煤是世界上质量最好的无烟煤之一，从露头到300米深的储量约为33亿吨，按年均2000万吨～2500万吨产量计算，可采70多年。

https://coal.in-en.com/html/coal-1270631.shtml