Friday May 20, 2022

The kind of promises profits, but with risk

Pichz on a series of pt dl series about “One of the Future”. We will remain for the time being in the region of Southeast Asia. the fourth country to come to is Vietnam, which is still a communist country. Pesto, the government is trying to find a way to the thorns of the thorns.

Vietnam, the official name of the Socialist Republic of Vietnam, is still strongly marked by the wolf. The wolf, which probably started with a completely staged incident and which some people used to say today, admit that its goal was not to win, but to last as long as possible. Pensions were as always and in the first place. and a few hundred thousand people died? Who cares

In the rest of Vietnam, with a little bit of it, one could summarize in two words the kind of. The only political party allowed is the Communist Party of Vietnam. For twenty years now, there has been a reform process known as Doi Moi. Vietnam is striving for a kind of thorn economy with social features.

The big problem is the poverty of the rural population (according to the estimates of the World Bank, more than 20% of the population is below the poverty line). Vietnam has so far been among the developing countries with a GDP of around $ 725 per capita (for 2006). The clemax will jump into the middle-income countries (GDP of USD 1,000 per capita) by 2010.

Another so-called shortcoming, as we are used to from previous countries, is infrastructure. A large number of rural households, especially in mountainous areas, are not electrified. Most roads do not have a paved surface, moreover, about a third of them are impassable during the period. The only debtor at the time has a capacity similar to the Czech D1. All seven railways are only single-track. When we realize that this is a country with about 83 million inhabitants (and a ronm finger of 1.35%)…

This problem is the deteriorating situation in these cities, such as Hanoi or Ho-i-Min City. On the one hand, it is a traffic collapse and according to the state of the air and the environment as such. It is therefore full to build a system of overhead and underground railways in both cities.

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The fourth shortcoming is the wasteful resources, their inefficient use, inefficient production and especially inefficient agriculture. With the dream of customs within the ASEAN groupings, the Vietnamese manufacturers are far from demanding. If they want to stay competitive, they have to work on efficiency. To do this, you need to innovate production and agricultural machinery. With increasing efficiency, the bag appears to be a problem, especially in rural areas, and that is unemployment.

Despite all the above problems, the Vietnamese economy will take a very long time. In the first quarter of this year, GDP grew by 7.7% compared to the previous year, and Vietnam thus confirmed the long-term growth trend in the range of 7-8%, which is even five years. Inflation of 7.2% is a measure of the GDP growth rate.

Exports increased by a respectable 22% in the first quarter of the month (imports even by 32.8%). The main agricultural export commodities include (in the world a comparable type of leverage after Thailand), coffee, raw rubber and Moscow products. According to oil, coal, wood products, electronics and of course, our Vietnamese are famous for clothing and footwear. The machines and various components that are in the local factories of the assembly plant (eg car parts) will be imported.

As with all other countries in the region, the future of the Vietnamese economy has largely depended on the foreign capital. At the same time, as was the case in the previous dismantled countries, the biggest corruption here is associated with excessive regulation and unscrupulous legislation. The recent entry into the World Trade Organization (January 11, 2007) helped Vietnam a lot. In the course of the past two years, he also adopted some new laws, which gave two foreign investors comparable conditions with domestic ones (for example, the limit under the foreign capital was abolished).

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