pakistanamerican
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Its kind of funny that the only reason China is not speaking Japnese is because of those US military expenditures.
Thinking About Vietnam
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Its kind of funny that the only reason China is not speaking Japnese is because of those US military expenditures.
ZhengHe
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oh i get it, you say that because the British colonized your entire country and tamed all your people to speak English- but you see, Indians and Chinese are very, very different: where Indians happily submit; Chinese will continue to fight to the very last man, woman, and child.
Perhaps if China in 1962 took the war to the heart of India, all Indians would be speaking Chinese.
cross1993
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Steady as she staggers
Rulers pass up the chance to deal with mounting economic problems
Vietnam's troubled economy
Jan 6th 2011 | HANOI | from PRINT EDITION
http://media.economist.com/images/images-magazine/2011/01/08/as/20110108_asp002.jpg
ALL too frequently Vietnams capital is plagued by power blackouts. Hotel lifts get stuck, and even the espresso machines in Hanois Parisian-style cafés splutter to a halt. Many thought this fast-developing country had left such symptoms behind. Yet the economy is now straining, and often failing, to keep up with the ambitious growth targets set by Vietnams Communist bosses. Inflation is rising; the budget is in deficit; the currency is falling; and people are rushing to turn their savings into dollars or gold.
Decisive action is called for, but is unlikely to come from the Communist Partys showcase congress, its 11th, later this month. As well as a misfiring economy, the list of problems includes official corruption, unpopular land grabs, environmental damage and, as ever, a lack of political transparency. Little change in policy is expected, nor even in personnel, apart from a polite game of musical chairs at the very top. Earlier hopes that a cohort of reform-minded apparatchiks might replace an older, more staid generation have now been disappointed.
Even the prime minister, Nguyen Tan Dung, may stay in office, after speculation that he would take the rap for the biggest mishap, the collapse of Vinashin, the giant state-owned shipbuilder. Last year the sprawling empire imploded with debts of $4.5 billion. In December Vinashin defaulted on a loan to international creditors and it has been forced to go cap in hand to the government to pay its wage bill.
To critics of Vietnams policies, the collapse of Vinashin was a vivid illustration of the perils of relying on state-owned enterprises (SOEs) to provide the impetus for economic growth and modernisation. Yet according to congress documents which have already been agreed upon, the SOEs will continue to play the economys leading role, as they always have done. One expert on Vietnam, David Koh of the Institute of South-East Asian Studies in Singapore, says that, away from the party congress, the government has been taking some action. It recently issued directives that put new restrictions on how SOEs are allowed to operate, particularly in terms of how much they may diversify away from their core businesses. But commerce in Vietnam is highly bureaucratic. It will take the state enterprises a long time to respond to these directives, if indeed they ever do. Meanwhile, who is to say that the enterprises are in the right business to start with?
Such conservatism will make investors fret. The problems of the SOEs explain much of Vietnams weakening macroeconomic outlook. If the government does not take the SOEs by the scruff of the neck, it will be able to do little else. The SOEs need to be set free, but for that the Communists would have to give up political control of the economy. That is out of the question. So these corrupt and inefficient behemoths continue to gobble up and then squander a good share of the foreign investment and export earnings that come into the country. Meanwhile, the government is blowing its budget. The fiscal deficit rose to 7.4% of GDP last year, breaching the target of 6.2%.
The country now also runs big trade and current-account deficits, as it relies too heavily on exporting low-value stuff like processed seafood and rice. These deficits, added to inflation, which rose to 11.8% last year, have put the currency under pressure. Three times in the past 14 months the government has been forced to devalue, hence the rush among Vietnamese to hoard dollars and gold as they lose faith in the dong. The government has pledged to improve all these gloomy figures. Yet chasing growth rates of 7% a year or more without commensurate structural change will only generate more of them.
Rulers pass up the chance to deal with mounting economic problems
Vietnam's troubled economy
Jan 6th 2011 | HANOI | from PRINT EDITION
http://media.economist.com/images/images-magazine/2011/01/08/as/20110108_asp002.jpg
ALL too frequently Vietnams capital is plagued by power blackouts. Hotel lifts get stuck, and even the espresso machines in Hanois Parisian-style cafés splutter to a halt. Many thought this fast-developing country had left such symptoms behind. Yet the economy is now straining, and often failing, to keep up with the ambitious growth targets set by Vietnams Communist bosses. Inflation is rising; the budget is in deficit; the currency is falling; and people are rushing to turn their savings into dollars or gold.
Decisive action is called for, but is unlikely to come from the Communist Partys showcase congress, its 11th, later this month. As well as a misfiring economy, the list of problems includes official corruption, unpopular land grabs, environmental damage and, as ever, a lack of political transparency. Little change in policy is expected, nor even in personnel, apart from a polite game of musical chairs at the very top. Earlier hopes that a cohort of reform-minded apparatchiks might replace an older, more staid generation have now been disappointed.
Even the prime minister, Nguyen Tan Dung, may stay in office, after speculation that he would take the rap for the biggest mishap, the collapse of Vinashin, the giant state-owned shipbuilder. Last year the sprawling empire imploded with debts of $4.5 billion. In December Vinashin defaulted on a loan to international creditors and it has been forced to go cap in hand to the government to pay its wage bill.
To critics of Vietnams policies, the collapse of Vinashin was a vivid illustration of the perils of relying on state-owned enterprises (SOEs) to provide the impetus for economic growth and modernisation. Yet according to congress documents which have already been agreed upon, the SOEs will continue to play the economys leading role, as they always have done. One expert on Vietnam, David Koh of the Institute of South-East Asian Studies in Singapore, says that, away from the party congress, the government has been taking some action. It recently issued directives that put new restrictions on how SOEs are allowed to operate, particularly in terms of how much they may diversify away from their core businesses. But commerce in Vietnam is highly bureaucratic. It will take the state enterprises a long time to respond to these directives, if indeed they ever do. Meanwhile, who is to say that the enterprises are in the right business to start with?
Such conservatism will make investors fret. The problems of the SOEs explain much of Vietnams weakening macroeconomic outlook. If the government does not take the SOEs by the scruff of the neck, it will be able to do little else. The SOEs need to be set free, but for that the Communists would have to give up political control of the economy. That is out of the question. So these corrupt and inefficient behemoths continue to gobble up and then squander a good share of the foreign investment and export earnings that come into the country. Meanwhile, the government is blowing its budget. The fiscal deficit rose to 7.4% of GDP last year, breaching the target of 6.2%.
The country now also runs big trade and current-account deficits, as it relies too heavily on exporting low-value stuff like processed seafood and rice. These deficits, added to inflation, which rose to 11.8% last year, have put the currency under pressure. Three times in the past 14 months the government has been forced to devalue, hence the rush among Vietnamese to hoard dollars and gold as they lose faith in the dong. The government has pledged to improve all these gloomy figures. Yet chasing growth rates of 7% a year or more without commensurate structural change will only generate more of them.
Ok, my fellow countrymen are now on the fever of hunting for the Viet brides. How good is that, eh?
They are pretty cheap, you can find a good looking one who is young and virgin for only 30k USD.Otherwise, you can even get a refund without any pre/post-condition.
Of course, Vietnam is becoming a supply for China about the women shortage.
dude it is 200k taiwanese yuan not chinese yuan!
it is equivalent to 8k USD actually...
cross1993
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Hey, You make ChineseTiger1986's trap exposure...
The Americans could not distinguish traditional and simplified chinese....
Lol
ChineseTiger1986
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Sorry my bad, this was written in traditional characters, yes it was the ad from Taiwan.
casual
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TruthSeeker
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dude, this is the interwebs
I know. So what?
ViXuyen
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Just ignore these 1.3 billion Chinese. Most Asian men don't have the up-tight-in-the-asz attitude toward White men like that. To the Chinese, if you don't hate White men, then that is equivalent to kissing their behind, if you have any kind of positive feeling toward the White men, you're also kissing their
ChineseTiger1986
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偶长期在北美读书，那里的中文报纸都是繁体字，看惯了所以一时之间没有留意
放心，偶绝对不是WW
TruthSeeker
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Just ignore these 1.3 billion Chinese. Most Asian men don't have the up-tight-in-the-asz attitude toward White men like that. To the Chinese, if you don't hate White men, then that is equivalent to kissing their behind, if you have any kind of positive feeling toward the White men, you're also kissing their
5Star,
If the Chinese on this forum are representative, then the Chinese are the most racist people on the planet. They seem to hate anyone who is not Chinese, unless they think that they can dominate and use them, then they show them a false smile.
ViXuyen
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Chinese attitude is very straight forward, they laugh at your failure and hate on your success. That's why you see them laugh on most Asian countries while hating on most White countries
LOL mainland chinese use traditional chinese too, though to a lesser degree. you can tell its a ad from taiwan from the telephone number.
no need to put it racial....
. i'd prefer to view it in this way. the romantic relationship between chinese and vietnamese youth boost the friendship and two nations. 
below_freezing
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I am not a racist. This thread was opened for purely discussing matters related to Vietnam. It is a fact, however, that the damage inflicted to Vietnam by 2 predominantly white nations (France, US) was far greater than that inflicted by non-white nations.
ChineseTiger1986
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It looks like that Vietnam will never switch its Anti-China stance. So we must take back Nansha Islands by force. We lent them money to fix their economy during the crisis time, while they are sill hating on us. That's fine.
So be ready for a regional conflict with Vietnam in coming 2015-2020, just be prepared to knock out their air force and navy in a short time before they can call Yankee for rescue.
So be ready for a regional conflict with Vietnam in coming 2015-2020, just be prepared to knock out their air force and navy in a short time before they can call Yankee for rescue.
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