Economical Goals for Vietnam by 2010, $100 Billion in Real GDP, $100 Billion in Export Value Options

[SoCal]

Do you think it is possible?

Please be civil.

[asean.asia]

Most of the export will go to the US. Since there are cockroaches out there standing in front of the way, we might face some challenging.

[Placebo]

Be realistic. 2010 is about 3 years from now. Vietnam can hardly achieve that goal in 2010. What Vietnam need to do is to improve its social, legal, and physical infrastructures so that the country can sustain stable development for a long time. Figures can be nice photo to your eyes, but quality of development is more important. Road networks in Vietnam are unimaginable. Traffic accidents, food safety, and environmental pollution are of great concerns now. These problems can backfire pretty soon if Vietnam has no practical solutions to cope with them.

[blacklight]

Be realistic. 2010 is about 3 years from now. Vietnam can hardly achieve that goal in 2010. What Vietnam need to do is to improve its social, legal, and physical infrastructures so that the country can sustain stable development for a long time. Figures can be nice photo to your eyes, but quality of development is more important. Road networks in Vietnam are unimaginable. Traffic accidents, food safety, and environmental pollution are of great concerns now. These problems can backfire pretty soon if Vietnam has no practical solutions to cope with them.

Good point. I love our economic growth but our infrastructure is stressed as hell and we seriously need to improve governance to increase transparency and accountability. But we are infintely better off dealing with the problems generated by economic growth than dealing with either zero or negative economic growth.

[Byron]

Darn the US with their monitoring scam (violation of WTO rules) is making it had to export textiles. I believe 80% of orders by certain companies have already been cancelled. I think now is a good time for Vietnam to start moving away from textiles and start entering the high tech market. There's just way too much competition in the textiles industry and Vietnam has an unfair disadvantage to other countries due to the US monitoring program targetting Vietnam.

Vietnam needs to start making plans to move away from the cheap textiles market if they want long term growth.

This post has been edited by Byron: Jan 17 2008, 06:35 PM

[i3ig_iviac]

Vietnamese needs to develop our underworld a little better. More organized drug, prostitution rings and kinky illegal porno. We need to established ourselves as a major player in the underworld in SEA. Billions to be made

[nfacblade]

Stupid US with their monitoring scam (violation of WTO rules) is making it had to export textiles. I believe 80% of orders by certain companies have already been cancelled. I think now is a good time for Vietnam to start moving away from textiles and start entering the high tech market. There's just way too much competition in the textiles industry and Vietnam has an unfair disadvantage to other countries due to the US monitoring program targetting Vietnam.

Vietnam needs to start making plans to move away from the cheap textiles market if they want long term growth.

The US wanted to keep Vietnam from being developed with this illegal monitoring. High tech industry requires more capital and foreign know-hows. I'd like to see Vietnam becoming a high-tech hardware manufacturing hub while nurturing the software industry for growth. Manufacturing industry distributes wealth to the mass better than higher-skilled mind work like software which only concentrates wealth to the few. This is the case with a certain country in Asia that in spite of high growth in software outsourcing, the mass is still very poor.

[SIG_P229]

It doesn't matter because, the majority of the money will go to greedy, money hungry commies/viet cong government anyway..

[Byron]

The US wanted to keep Vietnam from being developed with this illegal monitoring. High tech industry requires more capital and foreign know-hows. I'd like to see Vietnam becoming a high-tech hardware manufacturing hub while nurturing the software industry for growth. Manufacturing industry distributes wealth to the mass better than higher-skilled mind work like software which only concentrates wealth to the few. This is the case with a certain country in Asia that in spite of high growth in software outsourcing, the mass is still very poor.

I love how US sees Vietnam as a bigger threat to their economy than India (since they don't get it even though India is supposedly a bigger threat) While it is nice that the US thinks of Vietnamese as that much of a threat, it isn't gonna help our economy so Vietnamese better think of some way to get around this or move to another industry.

Not to mention this pretty much shows Vietnam that International treaties mean jack. So if the US wants to play it that way, then Vietnam should violate the Nuclear Proliferation Treaty and take its enriched uranium to make some warheads.

This post has been edited by Byron: May 27 2007, 12:00 PM

[nfacblade]

I don't think the US sees Vietnam as a threat. Rather, the US sees Vietnam desperately wanting to have the PNTR and having no economic leverage. Without the leverage of economy of scales like China, the US can play any game they see fit. They wouldn't do that to China because the Chinese can wreak havoc on the US economy with trade retaliations. It's asinine to see no monitoring on Chinese textiles while this is imposed on Vietnam which is a smaller player. What Vietnam should do is to export textile to the US via a third country. This has been done all the time but they would lose some profit in doing so. Also the anti-vietnam sentiments still persist in the US congress which don't help. Well, Vietnam is a country of resourceful people. She will figure out how to deal with those Yankee biases.

[SoCal]

http://asia.news.yahoo.com/061013/3/2rae3.html


Vietnam, Real GDP, Per Capita

2007, $70 Billion, $820
2008, $80 Billion, $900
2009, $90 Billion, $1000
2010, $100 Billion, $1100