Surprise: Vietnamese friends actually comment on the latest situation in the South China Sea so
You What do you think about these new developments? You think how this will affect bilateral relations and regional stability?
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as a Vietnamese, when our country was invaded, I would also like you to feel sad. But the forum is not reality: Some people talk about the history of defeated France and the United States, “the history of our ancestors is the resistance hero of China”. Today, the guerrilla tactics of how can I defeat the missiles, bombers and nuclear submarines? We have exhausted all means to our troops armed with modern armaments, and invited have talented overseas Yueyi of scientists to return home. Only in this way, the Vietnamese to resist the dangerous expansion in China. Le Nam, Ho Chi Minh City, Vietnam
China over Vietnam. Take a look at the bilateral trade deficit to know. Cheap Chinese goods are very common in Vietnam. Do not tell the Vietnam conflict – at least in the foreseeable future. They are to build trust on the international stage. Besides, most Chinese people do not want war with Vietnam. Hung, France
Vietnam is a poor country. It had to borrow for economic, how can there be enough military spending? At present, the Sino-US relations is the world’s most important, the United States never to Vietnam to push China’s antithesis. They were not interested to do so. Therefore, Vietnam must first respect the Chinese, because the fist has always been truth. Chi, Hanoi, Vietnam
read the reviews of Chinese readers, obviously know that they are arrogant. Day China is still instill this idea to the people, neither will be no peace with a constructive solution. Nguyen, Ho Chi Minh City, Vietnam
Vietnam poisonous spider-class missile boats
I do not see Vietnam the reasons for war with China. Differences even in the territorial waters, they still need each other. Vietnam lip die, China Tooth cold. We need stability in order to develop the economy. Vietnam to fight the fight enough. I have a message to friends: We do not want war, but if forced, we would like thousands of years ago, fighting. Dai the Viet, Hanoi, Vietnam
, the Chinese government said that Vietnam had violated China’s waters, the Vietnamese government said that China had violated Vietnamese waters. Future generations, we do not really after that period of history, how can we know which side that right, which side was wrong, but who have very strong dialectic. Just hope that both sides to the peace of the people to make smart decisions, and not to the territory to the detriment of people’s lives, resulting in injuries between the two countries. Threatened in the motherland, our Vietnamese of course, no matter how the force vulnerable thin should try for the motherland War. Autumn Zhuang, Hai Phong, Vietnam
, due to the incompetence of the current government, regardless of the Vietnamese how to strengthen the arms, they can not match China. History has proved that China is definitely not brothers and friends in Vietnam. Why we can not completely break with China to find safety and protection from the U.S. side, side to have the opportunity to develop armaments. Thach duy Phong, Portland, USA
to peaceful coexistence with China to eliminate its threat, we must take the following means: 1. Development of the national economy, efforts to attract foreign investment, including funds in China and other countries, the more vigorously the introduction of U.S. funds. Two. To improve the state system, the establishment of a truly civilized society. Only such a society to be able to from the novel of the people. 3. Work closely with ASEAN to reach a consensus on the South China Sea issue. 4. Strengthen the military and technological cooperation with the United States and its allies, including Japan, Korea and Thailand. 5 Our navy is equipped with the most advanced weapons. Thanh, Do, Hanoi, Vietnam
you do not know the real Vietnam secret: Chinese people watching was surprised
, obviously, Southeast Asia since the Vietnam War changed a lot. In the past 25 years, Vietnam itself has a lot of changes. In 2007, Vietnam by joining the WTO to become a formal member of the global economic community. It began to attract substantial foreign investment, quickly shift to high value-added production and services-based economy from an agricultural economy. However, if Vietnam wants to maintain the momentum of rapid development, it needs to improve in the next few years, the labor productivity of the production and service areas.
the following 10 point from the McKinsey report “to maintain Vietnam’s development: the challenges of productivity, may make you fresh and new.
1, the speed of the Vietnam Development in Asia after China.
once war-torn Vietnam, Asia’s economic development model in the past quarter of a century to create. Since the Communist Party in 1986 the “DoiMoi (economic innovation), the country reduced the restrictions of trade and capital flows, open the door to the private sector. During this period, the pace of economic development more than any one except China Asian countries, its GDP per capita annual growth rate of 5.3%. Even in the 1990s Asian financial crisis and the recent global economic crisis, its growth still did not stop (from 2005 to 2010, Vietnam has an average annual GDP growth of 7%), far more than any other Asian economies.
, Vietnamese are out of the paddy field
Vietnam’s economy is no longer totally dependent on agriculture. In fact, the contribution of agriculture to the country’s GDP in 15 years fell from 40 percent to 20 percent, the fastest in the first of all countries in Asia. The same process of transformation in China 29 years to 41 years in India.
in the past decade, the number of agricultural jobs throughout the country to reduce by 13%, the number of industrial and service sector jobs increased by 9.6% and 3.4% respectively. Employed population transfer from agriculture to industry and services into a powerful force for Vietnam’s economic development, because of the huge productivity differences between the different industries. The agricultural share of GDP lower by 6.7%, while the industrial share of GDP rose by 7.2%.
3, Vietnam is a major exporter of pepper, cashew nuts, rice and coffee
Vietnam is the world’s largest pepper exporter, its exports in 2010 capacity of 116,000 tons, or in the past four years, the world’s largest cashew exporting countries. Vietnam’s rice exports after Thailand, coffee exports after Brazil, particularly coffee exports in the past four years has tripled. Vietnam ranked fifth in the world tea production, export volume of aquatic products ranked sixth, including catfish, squid, shrimp and swallow to take fish.
, Vietnam is not a “China +1″.
Chinese labor costs so that some factory owners shifted their production bases to Vietnam, which includes a large number of low-income jobs. Many entrepreneurs are talking about, Vietnam will become export-oriented manufacturing industry in China, an Asian platform, a small Chinese or Chinese +.
However, Vietnam and China in two ways completely different. First, Vietnam’s economy mainly relies on the public consumption. Household consumption accounted for 65 percent of Vietnam’s GDP – which is rarely seen in Asia, China’s domestic consumption accounted for only 36% of GDP.
Secondly, China’s rapid economic growth rely mainly on export production and unusually high capital investment, Vietnam’s economy in the manufacturing and service sectors have gained a certain amount of balance, they are, respectively, of GDP 40 percent. Vietnam’s economic foundation for growth is huge, there is a competitive employment opportunities in various industrial fields. In the past five years, the annual growth rate of the industry (including construction, manufacturing, mining and public utilities) and services generally are about 8%.
, Vietnam is a magnet to attract foreign investment.
Vietnam is one of the most attractive to foreign investors in emerging markets. The findings of the UK Trade & Investment and Economic Intelligence Department, consistent Vietnamese listed in the BRIC (Brazil, Russia, India, China) as the most attractive foreign direct investment (FDI) in emerging markets. Vietnam record of FDI rose from $ 3.2 billion in 2003 to $ 71.7 billion in 2008. By the global economic crisis, this figure dropped to $ 21.5 billion in 2009.
Vietnam here to show the differences with China, 60% of FDI in China have entered the labor-intensive manufacturing industry in Vietnam, only 20%. Other investment in the mining, quarrying, oil, natural gas (40%) and real estate (15% to 20%), reflecting the rapid growth of Vietnam tourism. Vietnam the number of foreign tourists increased by a third in 2005.
, Vietnam than in the Philippines and Thailand have more advanced road infrastructure.
, Vietnam began to invest heavily in infrastructure. Although many investors in Vietnam, the country’s road conditions are still quite primitive, but at the present stage of economic development, Vietnam has begun a rapid increase of road resources. In 2009, Vietnam’s road density per square kilometer for 0.78 Kongmy, and higher than the Philippines and Thailand. That same year, the grid has covered 96% of the country’s land area. Yung orange and cover plum new container terminals, the airport of Danang in central Vietnam and the Mekong Delta Can Tho to help this country and the world a better connection.
7, Vietnam’s young generation will be the Internet.
Vietnam’s population is relatively young, well-educated, and like networks. Registered mobile phone users in the period 2000 to 2010, average annual growth of 70%, while the United States in this decade, an annual average increased by only 10%. By the end of 2010, Vietnam has 170 million telephone subscribers, of which there are 154 million mobile phone users.
31% of Internet usage much lower than Malaysia (55%) and Taiwan (72%) and other Asian countries in Vietnam. However, the situation is changing rapidly. Vietnam’s broadband subscribers increased from 50 million in 2006 to 3.8 million in 2010, the year of 3G subscribers reached 770 million. Once the telecommunications infrastructure to keep pace, mobile and fixed Internet is bound to explosive growth. Vietnamese Internet users have a 94 percent read online news, and more than 40% of people online every day.
, Vietnam is becoming a top outsourcing to.
Vietnam has more than 10 million people engaged in outsourcing services, $ 1.5 billion of revenue annually to the state. Some famous multinational companies have stationed in Vietnam, including HP, IBM and Panasonic. In fact, the country has the potential to become one of the 10 outsourcing service providers in the world, its advantage is the large number of young university graduates (University of Vietnam transportation to the market every year 257,000 young workers) and relatively low cost. A Vietnamese software engineer’s salary is only 60% of the data and audio processing professionals, wages are only 50%.
Vietnam’s outsourcing services to bring 60 billion to 80 billion dollars in revenue each year, most of which are export-oriented – as long as the world needs their services, while Vietnam to ensure that this demand will continue. This part of the service will be the protection of the urban employment in 2020, Vietnam also needs the 600000-700000 employment staff, they will contribute to the GDP growth of 3% to 5%.
Bank Vietnam than China, India and ASEAN countries, bank loans volume.
Vietnam can not repay the loan amount in the past decade the average annual growth rate of 33%, higher than China, India and all countries of the European Union. Unable to repay the total amount of the loan to the end of 2010, will reach 120 percent of GDP, in 2000 the figure was only 22%. It also illustrates the vitality of the Vietnamese economy to show, but in expanding the banking system, people worried about the increase in bad loans might lead to the Vietnamese economy of the Great Depression (like other countries), and eventually forced the government to intervene financial system in order to protect the interests of the depositors, the banking system and taxpayers.
10, Vietnam’s demographic dividend is reduced.
from 2005 to 2010, the expansion of the young labor force from an agricultural society, rapid transition is to ensure that in two of the three factors of the Vietnam Development Another factor is the upgrading of the workforce. But now, the first two factors are waning. The official statistical data to forecast labor force growth in the next decade, started to slow down about 6% from 2000 to 2010, the labor force every year growth rate of 2.8%. Does not seem longer, as we have witnessed the transformation speed from farm to factory.
Therefore, if Vietnam hopes to continue to maintain historical growth rate, increased productivity is bound to provoke a pair of heavy burden. More precisely, the services and areas of production, productivity must be increased by 50%, raised to 6.4% average annual growth of 4.1 percent, to reach 7 percent to 8 percent annual growth rate set by the government. If productivity gains did not materialize, Vietnam’s economic growth will decline by 4.5% to 5%. At this rate, the development of Vietnam’s GDP in 2020 will be left behind in plans to 7 percent of middle-aged growth rate of 30 percent.
Vietnam has a unique advantage – the young labor force, abundant natural resources and stable political situation. If it is more courageous to give up short-term interests, the pursuit of productivity gains long-term plan, it will usher in prosperity and the second spring.
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