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Closer manufacturing ties with China could help boost slowing Vietnam economy

Our contest in SCS has risen to overshadow mutual developmental progress, unless we can adopt the same rapprochement strategy like what the Philippines-China has done thus far, I don't think more can be done. Best to put the dispute to back burner, or resume bilateral engagement without US interference. Their presence will NOT solve our problems. Only Chinese & Vietnamese can solve it.
We are brave but not stupid my friend. The US presence is there for balance of power. should Vietnam reach military parity in one day, the US interference will disappear.
 
I have forecasted this years ago, including the rise of cultural conflicts and radical factors in Western countries. The war of ideology is no longer, as "democratic" countries are acting more and more authoritarian and totalitarian, while "communist dictator" countries like China and Vietnam are becoming more open to business and freedom of speech. (I do not think uncontrolled freedom of speech is good idea for any country).

My idea is that Vietnam should integrate more with China economically and even become part of its production chains. We should focus on China's market for our products in long-term strategy, not the US and EU, although they are still very important.

The Northern part of Vietnam, where people has Confucious work ethnic, should focus on developing industry and science, where the South should focus on agriculture.
Bro the saigoners feel offended when you call them lazy, should focus on agriculture. China and Vietnam can do more to promote trades. How about ending visa rule for their citizens and free trade flows between border cities? There is even a $450 million investment project underway, supporting small enterprises in the border regions.

http://www.forbes.com/sites/ralphje...ease-a-festering-border-dispute/#4e1ff7fe7201

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HA GIANG, VIETNAM - NOVEMBER 27: Local people mostly H'mong go shopping for clothes at Dong Van Sunday Market, one of the furthest market up north near the border with China, in the mountainous province of Ha Giang on November 27, 2016 in Ha Giang, Vietnam. (Linh Pham/Getty Images)
 
I will be the first who supports Vietnam to work in tandem with China. The most obstacle is the mutual distrust between the two nations. It is nearly impossible to overcome.


I don't know what the future will bring. Nobody can't. But as said I expect Vietnam will offer Donald Trump a nice trade deal that he can't resist he will feel "I am the winner!".

Without political reforms it is impossible to give more freedom to the economy. It is mutual dependency. I think that pays out if you look at the key figures for this year 2016: the South Koreans invest $7 billion, in total the foreigners invest $25 billion in FDI, exile Vietnamese $20 billion, 110,000 new established companies, trade surplus, forex reserves rising. That is not too bad. Sure Vietnam still has many challenges but I think we are on the right track.

China as world's second biggest economy invests too little, doing too little. The Chinese can do more. A lot more.

Foreign direct investment, net inflows (BoP, current US$)


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I wonder how of this comes from China. What is China's share in VN FDI inflow?

@Viet
 
end of 2015, the foreigners invested more than $300 billion, establishing more than 21,000 companies

300 billion USD from 1990s?

As par the WB data above I shared, from 2008 to 2015, total FDI is under 80 billion.

Don't have the number for China. I think less than 10pct of the total figure.

That's very small.

This is what I have found.

China's FDI to SEA.
 

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300 billion USD from 1990s?

As par the WB data above I shared, from 2008 to 2015, total FDI is under 80 billion.



That's very small.

This is what I have found.

China's FDI to SEA.
the $300 billion figure comes from the government.

http://www.saigon-gpdaily.com.vn/Business/2016/12/122008/
At the same time, PM Nguyen Xuan Phuc laid stress on the important role played by 21,000 foreign-invested enterprises in the country. The FDI enterprises have invested a combined 300 billion USD in Vietnam. Total FDI capital flow into Vietnam has topped 17 billion USD in 2016.
 
the $300 billion figure comes from the government.

http://www.saigon-gpdaily.com.vn/Business/2016/12/122008/
At the same time, PM Nguyen Xuan Phuc laid stress on the important role played by 21,000 foreign-invested enterprises in the country. The FDI enterprises have invested a combined 300 billion USD in Vietnam. Total FDI capital flow into Vietnam has topped 17 billion USD in 2016.

It should be correct because 2015 figures are well above 11 billion. So, it is a strong growth in FDI. 300 billion should cumulative.

China's FDI last year was well above 200 billion. This year should be more or less the same.

upload_2016-12-30_21-44-52.png
 
It should be correct because 2015 figures are well above 11 billion. So, it is a strong growth in FDI. 300 billion should cumulative.

China's FDI last year was well above 200 billion. This year should be more or less the same.

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yes the figure is cumulative. well China plays a different league.

what did you mean the military parity?
it is not what you may have in mind. it is not parity on weaponry, plane by plane, ship by ship, missile by missile. because we can never meet in parity. Vietnam military strategy is called "flexible response". it has not changed since centuries. but I can´t reveal too much to you.
 

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