>>221724272
Japan dumped like 6 trillion USD worth of money on development in the 90s and put their entire country on margin. That's not happening again in Asia, no one else has the balls to do that.

Vietnam seems kinda comfy as is, ngl. For what reason would you want the economy to grow to 'firsty' levels?

>>221724272
>communist country is progressing
WTF? I thought communism doesn't work.

>>221724679
In order to have literally any global influence, you need to become wealthy and powerful. Vietnam is not really in control of it's future with behemoths like China and the US around, but they should be able to contest similar sized nations like SK and Japan. Whether they will or not is truly a question of century. Can a brown nation actually rise? It remains to be seen.

>>221724679
>t. passportbro

>>221724745
They rapidly liberalized their economic zones and became active in the world order, same as China. Calling Veitnam communist is retarded. Cambodia is communist. Cuba is communist. Vietnam is an autocratic meritocratic oligarchy run by a mix of the elite, the military, and some technocrats. Not unlike China.

>>221724272
>>221724346
S. Korea and Japan dumped hundreds of billions of dollars of investment in Vietnam alone to prop it up so that they'd have another country that near China that can stand up to CCP shenanigans. Also, they may indirectly arm Vietnam by sharing civilian technologies with potential military uses then set up situation where Vietnam is in confrontation with Mainland China to keep the Chinese heat off themselves.

>>221724679
No, it's not. You only say it comfy because Vietnam is a destination for White tourists with cashes, it's a shithole with wages is shit, infrastucture is shit, it's no better than Philipines

>>221724760
>>221724822
didn't ask you, thank you for your attention to this matter

>>221724346
>Japan dumped like 6 trillion USD worth of money on development in the 90s and put their entire country on margin. That's not happening again in Asia, no one else has the balls to do that.

The scale was absolutely insane. Japanese stocks went from 29% of GDP in 1980 to 151% by 1989, and Japan was trading at a CAPE ratio of nearly 100x, more than double what the U.S. hit at the peak of the dot-com bubble. In Tokyo's prime districts, land values reportedly reached 350 times those of comparable parcels in Manhattan, and popular lore held that the land beneath the Imperial Palace was worth as much as the entire state of California.

>>221724867
Not your blog, faggot. You post, you open for discussion.

>>221724272
you go down a cliff once you hit the top.
growth isn't important, sustainability is.

>>221725051
You sound like an Indian xitter ngl

i help by donating to a cute vietnamese vtuber

>>221725196
>You sound like an Indian xitter ngl
really? lol
i thought being 16th most populous country while world enters its most volatile times is a challenge with many traps ahead. How long can you rely on favorable political and economic conditions? Will you be independent enough to prevent outside players from exploiting you?

>>221724824
>autocratic meritocratic oligarchy run by a mix of the elite, the military, and some technocrats

Leave out 'meritocratic' and you're describing the USA.

>>221724679
They want the 0.5 tfr of south korea

>>221725051
They can always do what China did once growth dry out, by demolishing every part of the country and sell the land to developers for maximum gain.

>>221725051
look at us ffs
>>221724272
>China just racked up 10-15% GDP growth like it was nothing.
the Party said my chocolate rations are up 125% this week

>>221726465
>They can always do what China did once growth dry out, by demolishing every part of the country and sell the land to developers for maximum gain.

and run into the real estate crisis like China did?

>>221726258
>zigger cope
Okay buddy :)

>>221726871
uummm chud its not a real estate crisis its a state controlled correction for affordable housing mmkay?

>>221724272
What happened Vietcong bros?

>>221727932
>reality is le zigger cope

Whatever you say migatard.

>>221724760
>they should be able to contest similar sized nations like SK and Japan
Two states with a 30+ year headstart?

>>221729302
I mean eventually not right now.

>>221729611
The thing is that there's countless events that can fit occur within any reasonable timescale. Which means that plenty of setbacks can occur with impact development that is out of their control, covid pretty much set the world back by 5-10 years and killed any economic momentum.

>>221729701
I didn't provide a timeline. But, if they can't manage to reach parity in, say, 50 years, then it's probably doomed.

>>221730142
It wouldn't say doomed. It just means that move avenues to diffentiate itself or stand out in SEA could or would be found. Trying to 1:1 copy the development path of a other state is a pointless effort at best or harmful at worst. Trying to out China the China is a losing battle. Same with trying to copy the extremely dense urban manufacturing and city building of SK and Japan which were things that sprung out of necessity due to their histories, Japan being dense and very mountainous and SK having to adapt to losing a ton of manufacturing infrastructure to NK when Korea split.

>>221730142
It's not a videogame. There are no power levels. Vietnam now is where Malaysia was in the 80-90s. They'll grow and reach a level that the local conditions will allow and then just maintain it, barring some major disasters or wars. We Malaysians have been chasing that "developed nation" status for 30 years but have come to realize it is a poisoned chalice. A developed nation dumps their "dirty" primary industries and agriculture in favour of "high income" and "clean" service sector. Thing is, this has bitten the US and most of Western Europe in the arse. Also, we realized the currency exchange game is rigged to favour Western countries. Mediocre economies like Australia and New Zealand somehow have higher dollar value than vibrant SEA economies just because speculators prefer to buy their currency. So now, we decided to march to our own beat and for our own goals, not for some arbirtary IMF definition.