The rebirth of a cocoon into a butterfly
There is a saying that goes: Three days of shibetsu, when you are impressed.
As soon as the world wakes up, Vietnam has successfully become the hottest investment destination in Asia and the world, as well as a world-class manufacturing power. At the same time, many world-renowned multinational companies have transferred half or all of their production capacity to Vietnam, such as Samsung, Apple, Nike, Adidas, Hon Hai and so on.
In recent years, Vietnam's success has attracted the world's attention, and the economic model of "the world's processing plant" has taken shape. In 2021, Vietnam's total import and export volume reached 668.55 billion US dollars, of which exports exceeded 336.3 billion US dollars, an increase of 19% year-on-year; imports exceeded 332.2 billion US dollars, an increase of 26.5%.
In the first quarter of this year, Vietnam's total import and export of goods was US$176.35 billion (nearly US$50 billion less than that of the big countries), an increase of 14.3% year-on-year. Among them, exports were 88.58 billion US dollars, an increase of 12.9% year-on-year.
Cocoon into butterfly
You know, Vietnam is only a country with an area of 320,000 square kilometers and a population of more than 90 million.
Vietnam's success today, although not three days but thirty-six years, has finally succeeded.
India shouted more than a decade ago that "Made in India" will lead the world, but until the second term of Mr. Mo is almost halfway through, "Made in India" is still beyond the reach of "Made in Vietnam".
India's greatest failures were its excessive geopolitical ambitions and its political servant state, which many consider to be an "authoritarian state" (Xiongda).
In this way, India has lost the trust of capital and the international mainstream world. This also corresponds to the saying: do not live by your own sins.
Who to mix with, but to recognize the bear that the world is looking at as a "dry father". This is self-inflicted.
When India is proud of its bears, when India is proud of itself as the hegemon of the Indian Ocean and the big brother of South Asia, and is hallucinatingly proud, investors have moved away from it and settled in Vietnam.
When people are increasingly seeing more and more "Made in Vietnam" in their daily necessities, Vietnam has been working hard for decades. In the past few decades, Vietnam has not been easy, and has experienced the pain of transforming into a butterfly one after another.
By the time humanity reaches 2022, Vietnam has become a major rising star among the world's twenty major trading powers, however, some countries have inadvertently ceded this century's opportunity to Vietnam for some reason.
Let's see how Vietnam seized this once-in-a-lifetime opportunity, the best opportunity of the 21st century.
The "background" of the circle of friends
Trust is priceless, and no one can stand without faith. In the "circle of friends" of international relations in the world, there have always been many friends and a good road.
First, the greatest success of Vietnam's reform is universally recognized by the international community.
Vietnam is a socialist country and a one-party dictatorship, and it is strange that the Western countries are not hostile to Vietnam.
The international community, especially the West, now sees Vietnam's political reforms as increasingly "democratizing."
(1) Reform of the parliamentary system in Vietnam (change of legislative power). The Vietnamese parliament has real legislative power, and the members are elected by one person and one vote of the people. The election of members of the Vietnamese parliament is very close to the western parliamentary election system and has been basically westernized.
(b) Senior Vietnamese officials are elected by the National Assembly of Viet Nam for a fixed term of office, which supervises them on behalf of the voters and has the power to dismiss incompetent officials. The relationship between local councils and local governments in Vietnam is analogous.
Viet Nam implements a "vote of confidence" system for officials in parliament;
Vietnamese Parliament votes
(1) The National Assembly of Vietnam and local councils shall have real powers over the management of officials and economic affairs.
Vietnam's local officials are subject to parliament, local officials can not pat their heads, the parliament votes, officials are only the executors. This blocks the doorway for officials to use their power for personal gain.
(b) Economic power shall be vested in parliament. What major projects and major constructions are carried out by the Vietnamese national and local governments are decided by the parliamentary vote, because it is taxpayers' money. Because parliament holds economic power, it is difficult for officials to be corrupt.
This kind of institutional design is very attractive to investors, after all, the rule of law is much stronger and more insurance than the rule of man. Investors are investing in real money and silver, and naturally they will consider all aspects.
3. Vietnam's judicial power reform, the implementation of the "semi-Vietnamese and semi-Western-style separation of powers" system.
One of the most eye-catching reforms in Vietnam is the "reform of judicial power." For example, Vietnam's Anti-Corruption Law (promulgated in 2010) stipulates that D government organs and D government cadres cannot interfere in the administration of justice, regardless of their rank. Vietnam has hardly seen a single case of official corruption in Vietnam.
Before the judicial reform in Vietnam, corruption occurred from time to time, and after the reform of judicial independence, corruption almost disappeared. A good judicial environment has attracted a large number of foreign investors and customers, and more and more countries have signed free trade agreements with Vietnam.
Vietnamese people voting scene
Fourth, Vietnam's economic reform with the private sector as the main body.
The most surprising thing about Vietnam's economic reform is the reform of economic privatization rights and land privatization rights. According to Vietnam's "Investment News", there are 807 state-controlled enterprises with more than 50% state-owned capital in Vietnam. According to a report submitted to the National Assembly by the Vietnamese government, only 4 of the state-owned enterprises are profitable.
This situation has long been noted by the Vietnamese Parliament, and as early as 2020, it has legislated that no new state-owned enterprises will be established in Vietnam until 2030. Giving way to private enterprises and leaving existing state-owned enterprises to "fend for themselves" has shown that the Vietnamese government has the determination to carry out economic privatization reforms.
Vietnamese ethnic minority voting scene
Fourth, the reform of social and people's livelihood is biased towards "hiding wealth from the people".
For example, Vietnam implements a system in which the amount and use of taxes are determined by the parliament and the people, and implements a system of free education and relatively free medical care. At present, Vietnam stipulates that all medical treatment for children under 6 years old and above 70 years old is free, and others are exempt from more than 80% (all drugs).
In terms of international relations, Vietnam tends to adopt a reform strategy of "leaving Asia and entering Europe".
In recent years, Vietnam has been more adept at maximizing its interests in international relations and at creating opportunities for its own interests in international relations.
For various reasons, in recent years, some Western countries have been unabashedly saying that they want to rebuild global supply chains, and Vietnam has seized on this point to quickly move closer to the West.
For example, it has participated in the Comprehensive and Progressive Trans-Pacific Partnership Agreement, the Vietnam-EU Free Trade Agreement, the Vietnam-UK Free Trade Agreement, and the Regional Comprehensive Economic Partnership Agreement.
People with big eyes don't care about sixpence on the ground
Vietnam is moving towards a better future! Bless you from the bottom of my heart!
"Butterfly Love Flower"
(Text/Divine Code Life.) 2022.5.1 in Guizhou)