Author: Daily Yijian
In the first quarter of this year, Vietnam's import and export trade far exceeded Shenzhen during the same period.
So, Vietnam surpassed Shenzhen and caught up with Guangdong, and even replaced China as the investment hotspot for the next world factory?
These problems all emerged like mushrooms after a rain.
Let’s look at the specific data first.
According to data released by the Vietnam Customs, from January to March this year, Vietnam's export volume was US$89.1 billion, which was 584.2 billion yuan in RMB, and increased by 213.4% year-on-year.
Among them, the export volume in March was US$34.7 billion, equivalent to RMB 227.5 billion, an increase of 14.8% year-on-year.
Let’s compare Shenzhen in the same period.
From January to March this year, Shenzhen's export volume was 407.66 billion yuan, of which 120 billion yuan was 14% year-on-year, which was about half of Vietnam's export volume.
is not only compared with Shenzhen, but also with the entire Guangdong Province, Vietnam is not at all inferior.
Just the export volume in March this year, Vietnam can already reach 60% of the entire Guangdong Province.
Seeing this, many friends are about to laugh.
Vietnam is a country after all, and a country is so great that even our country’s Guangdong Province can’t compare with our great China. Just this, how can we compare with our great China?
, even, there is no chance to pose a threat to us.
Didn’t I often say before that Russia’s economy is not as good as that of Guangdong Province in our country.
Nowadays, Vietnam is not as good as Guangdong Province.
But now, why is Vietnam so hopeful? It is the star of tomorrow, while Russia is in decline and has been counting on living a life of the former Soviet Union?
Of course, Vietnam and Russia are different.
First of all, Russia is the first in the world, while Vietnam has a total territory of 331,212 square kilometers, which is a medium-sized country and can only rank 65th in the world.
Russia has a population of 143 million, while Vietnam has only 98 million.
More importantly, Vietnam's growth momentum is now very rapid.
You should know that in 2021, Vietnam's total GDP is 2.3 trillion yuan, while Guangdong Province's GDP in 2021 is 12.4 trillion yuan, five or six times that of Vietnam.
However, in March this year, Vietnam's export volume can actually reach 60% of that of Guangdong Province. How can this kind of progressive ability not make people feel scary?
Another one.
In most of us, the environment in Vietnam should be dirty and messy, standard developing countries.
Poverty, hungry.
But in fact, that's all stereotype .
Nowadays, it is actually like this:
This way:
can also be like this.
Although it still has a strong Vietnamese characteristic, some of Vietnam's big cities have entered modernization, with high-rise buildings and dazzling golden blue.
Walking on the streets of Vietnam, you can't feel that this is a developing country at all, and it will even give you the illusion that this is already a developed country.
Of course, our discussion scope is limited to cities. The rural areas in Vietnam are still not developed properly and are very poor.
So, why is Vietnam developing so rapidly?
is very simple, it is still the same keyword, industrial chain transfer.
2017 After Trump took office as US President, Sino-US trade frictions intensified.
In 2019, the United States brazenly launched a trade war against us.
The United States imposes a punitive tariff of 25% on some of our export products.
This is a devastating blow to many coastal export companies.
What does it mean for people who do business to increase the cost by 25%?
Either you will increase the price, or you will bear the 25% loss yourself.
If the price increases, it is originally an industrial product. Competing with other peers, how can there be an advantage? It will soon be abandoned by the market and sales plummeted.
So, price increase will not work.
So, you will bear the 25% loss yourself?
This is not possible. Many industrial products produced now have small profits but quick turnovers. They win completely by quantity, and there is no profit for at all.
now has to give up 25%, which is something no company can bear.
So, Trump's tariffs are simply a devastating blow to those coastal companies that rely solely on exporting to the United States.
Not only that, after the tariffs were added, many American customers stopped buying in China.
They transferred all the orders originally sent to China to Southeast Asia.
Vietnam is the first to bear the brunt.
Seeing this, many friends are worried.
What should we do now?
Hehe, don’t worry, let’s continue reading.
How smart are those entrepreneurs? You are seeing your tariffs coming.
line, then we just move it away.
Therefore, in addition to retaining some domestic demand business in China, many export companies have gone to Vietnam to build new factories.
First, it was the textile industry, mainly thousands of clothing factories in the Pearl River Delta region.
Then, the electronics industry, technology, machinery manufacturing industry, , also began to move to Vietnam.
The bosses of those factories went to Vietnam to invest in building factories, recruit people, and start construction.
Soon, the new factory started to operate.
And at this time, the order from the American customer came. Although the one who took the orders was from Vietnam, I’m sorry, most of these factories were run by us Chinese.
So, in the end, the money still flowed into the pockets of us Chinese. How do you say the classic saying of
?
Don’t look at these orders being lost, he just changed his way and returned to us.
What are the advantages of Vietnam?
First of all, the labor cost in Vietnam is about 50% of that in China. Although the minimum wage standard has been raised this year, it is still lower than that in neighboring countries.
Secondly, Vietnam's political situation is stable, occupying a deep water port, and transportation is convenient, unlike Thailand's political situation.
The third point is also a very important point, Vietnam's tariff discounts.
In the past 15 years, Vietnam has joined 16 free trade agreements.
The most important of these is that in 2020, after the Vietnam-EU Free Trade Agreement came into effect, EU canceled the tariff on Vietnam's exported goods and will gradually reach a 99% exemption rate within 10 years.
This is equivalent to that Vietnamese goods entering the EU without paying taxes.
This is simply too profitable.
picks up money out of thin air, who doesn’t want to come here? Before
, someone had a bad idea, thinking of getting the goods from China, walking around in Vietnam, and then sending them to the EU and the United States again.
But this trick was quickly discovered.
Moreover, this is equivalent to taking advantage of the loopholes of the Vietnamese government.
Vietnamese government feels that we have worked hard to go out and ask grandpa to sue grandma to sign those free trade agreements, and they think that it can promote the economic development of domestic . As a result, you guys, take advantage of loopholes and get our wool. How can we not deal with it seriously?
Later, everyone also learned to be smart.
Since that's the case, can we build a factory directly in Vietnam?
Now, your Vietnamese government can't object, right?
So, Chinese bosses came and they built OEM factories in Vietnam and made great investments.
Then sell the product to Europe and the United States, and earn money and return to China. The trick of
is equivalent to laying eggs with a chicken.
Just sit and wait for counting the money.
Although foreign-funded electronic factories only account for one-third of similar enterprises in Vietnam, their export share accounts for more than 90% of the total industry.
is even more ruthless in the textile industry, foreign-funded factories monopolize 70% of the export volume of the entire industry.
The local companies in Vietnam have no way to survive, and their profits and resources have been stolen by foreign capital.
Foreign capital brings all the wealth back.
Vietnamese are like a happy moment.
This is the so-called "Made in Vietnam" logical trap.
Do Americans know? I actually know
, but I can't stop it anymore. The things are Vietnamese, produced by Vietnamese themselves, and the shipping location is also Vietnam. What else do you check?
Is it because the boss belongs to China, so you don’t want it?
, don’t want it, where else can you buy it?
You just talk about it.
Don’t say that there is no place, even if there is one, we Chinese will occupy you the next day, and open a factory there and continue to sell it to you.
Anyway, no matter what, Americans, we can make money, you can't hide it.
Just like that, Americans can only buy so-called high-quality and low-priced Vietnamese products, and then watch our Chinese bosses make a lot of money. . .
Yes, that's right, Vietnam's economy is taking off now.
However, this so-called Vietnamese economic myth is just a flash in the pan created by our Chinese bosses.
Wait until Myanmar, Thailand, or Cambodia , there is a better location advantage than Vietnam. Then, maybe our industrial chain will be transferred.
Of course, it may also be Africa or other places, because the world is developing, and you will never know where the new trend will be in the next second.
But wealth and mind are here with us, so what else can I worry about?
Before, when we were facing the transfer of the industrial chain, we were very scared and panicked.
But now, I saw it, there is no need to worry at all. For us, this is still a great thing that saves time and effort and can make money while lying down.
This reminds me of the things that happened to Yongzheng dynasty.
Those hardcore crops of the descendants of Eight Banners are gone, and the court will not give them any money, but will only distribute the land and let them go to the fields to farm themselves. As soon as the news came out, the people from the Eight Banners complained, how could they grow their bodies?
And at this moment, someone next to him gave an idea.
"You are stupid, you can move people to death and trees to live, you don't know how to adapt. You can share the land to your own land, but you can rent it out and collect rent every month."
" Finally, the rent collected every month is more than ten times the salary paid by the imperial court before. "
Did you see it?
What is flexibility?
This is flexibility.
Anyway, Americans always have to eat food. Even if they don't eat what we planted on our hands, then we go to other places to rent a piece of land, let others plant it, and then sell it to them again and again?
You don’t have to work anymore, you can still make money while lying down. How fun it is.
Why not do it?
Welcome to recommend me to your family and friends
