Vietnam Vietnam Economy Thread

[xizhimen]

village school teachers in China had been known for their abysmal low salary so everyone tries to avoid taking such jobs , but still now even among new village teachers, the monthly salary had been raised to over 10,000￥ （$1,574）recently by the government.

Young Chinese village school teacher jumps around with joy after receiving government pay raise
Young Chinese village school teacher jumps around with joy after receiving government pay raise. China greatly improved rural school teachers' pay and benefits to enhance rural education. This young rural school teacher jumped around with joy after receiving over 10,000￥ （$1,574）monthly salary via her cellphone.

 

[xizhimen]

Keep living in delusion, No one stop u, when 600 Million CNese will still can't buy enough healthy food for their pathetic lives like in N.Korea, leading to birth rate keep dropping fast.

When being asked about this so called media report, this Xinjiang girl said 2 Chinese words, perfectly summarized this report, Now I give them to you 扯淡

 

[Viva_vietnamm]

My God you are jumping from one topic to another - like a rabbit in spring.

600 million people whose monthly income is barely 1,000 yuan (USD 140) - yes, but they all have a farm house or apartment and it's a disposable income figure

First don't forget that China is still receiving development aid - so it's always good/smart to highlight poverty.!!
Secondly - I wouldn't have a figure - but a substantial part of these people are supported by e.g. their family members working - as such their actual income is far higher then 1000 yuan a month. More or less all of my previous unskilled workers in Shanghai or Suzhou - earning at average around 4500Rmb - Skilled worker around 7000 Rmb, send half their money and more to their parents or family members living 2000km away in some poverty stricken or rural area.
Plus around 500-900Rmb of social security paid by the employer.

And in Shanghai a simple noodle dish costs around 45Rmb, in Suzhou around 25Rmb and in a local godforsaken farm area in Qinghai 5 Rmb

And as in almost every country in the world - it is always the "underprivileged" who have the most kids.

So what exactly are you trying to point out?

I just point out that 600 million Cnese are as poor as N.Korea, thats why CN's birth rate keep dropping like N.Korea cos with 140 usd per month, they can't even buy enough healthy food, let alone fancy Mercedes C200 or raising kids

And as in almost every country in the world - it is always the "underprivileged" who have the most kids.

But in East Asia, like N.Korea, story is different.

--------------------
North Korean women are not impressed. The country’s fertility rate keeps slowly sliding down, reaching an estimated 1.9 in 2019. While not as bad as in the South, the figure is unusually low for such a poor country. The result is that North Korea is one of the few countries that has seen its population begin to age while still poor, and it is doubtful whether government policies can reverse this process.

North Korea wants women to bear children for the motherland. They aren’t. | NK News

South Korea is experiencing a demographic disaster these days: Its total fertility rate (TFR), the average number of children born to a woman during her lifetime, has dropped below the psychologically important 1.0 mark, and the COVID-19 pandemic is driving it even lower. The TFR should be...

www.nknews.org

 

[xizhimen]

I just point out that 600 million Cnese are as poor as N.Korea, thats why CN's birth rate keep dropping like N.Korea cos with 140 usd per month, they can't even buy enough healthy food, let alone fancy Mercedes C200 or raising kids

When being asked about this so called media report, this Xinjiang girl said 2 Chinese words, perfectly summarized this report, Now I give them to you 扯淡 ! (my arse!)

 

[Viva_vietnamm]

When being asked about this so called media report, this Xinjiang girl said 2 Chinese words, perfectly summarized this report, Now I give them to you 扯淡 ! (my arse!)

Say that to Premier Li , who said 600 million people whose monthly income is barely 1,000 yuan (USD 140)

(40% = 600 million people )

 

[Viva_vietnamm]

April 1, 2022

VOV.VN - Vinfast's project in North Carolina, with an investment of up to 2 billion USD in phase 1, will be started in 2022 after receiving a construction permit.

VinFast and the government of North Carolina, USA have just signed a memorandum of understanding on the construction of VinFast's first electric car and battery factory in the North American market. Vinfast's project has been supported and welcomed by US officials.

The US Secretary of Energy and the Secretary of Commerce held a press conference on March 31, to highlight President Biden's Infrastructure Act to build a clean energy economy, while encouraging companies to build a clean energy economy. The company invests in manufacturing in the US, strengthens domestic supply chains for clean energy technology, and creates high-paying jobs in the US. Both US ministers highly appreciated Vinfast's project in efforts to build a clean energy economy by the Biden administration.

“Vinfast is the latest example of companies contributing to President Biden's efforts to build a clean energy economy through their massive investments. Surely Vinfast will not be the last company to join this effort. Once again I want to thank Vinfast for choosing to invest in the US, hire workers in the US, and make us more energy independent,” said US Energy Secretary Jennifer Granholm.

Vinfast's project has been supported and welcomed by US officials.

Speaking at the press conference, Vietnamese Ambassador to the US Nguyen Quoc Dung said that so far there have been more than 70 projects, with a capital of about 300 million USD invested by Vietnamese enterprises in the US, but this is This is the first time there is a project of this scale and creating thousands of jobs for Americans.

“This is a very special and very significant event, and says three big things. Firstly, this is the result of the rapid development of the Vietnam-US relationship since the normalization of relations until now. Second, it shows the rapid and outstanding growth of Vietnam and Vietnamese enterprises. Currently, Vietnam and Vietnamese businesses have enough capacity to fully integrate into the international economy and can reach out to distant markets like the US. Third, it shows that the future of Vietnam-US relations is very bright. The potential of the two countries is still very much. With more than 2 million Vietnamese living in the US and tens of thousands of Vietnamese students studying in the US, as well as the interest and support from businesses of both sides, it shows the development potential of the relationship between the two countries. system is very large. I believe the success of Vinfast is an encouragement for many Vietnamese businesses to also pay attention to the US market and will invest more", said Ambassador Nguyen Quoc Dung.

Vinfast's project in North Carolina, with an investment of up to 2 billion USD in phase 1, will be started in 2022 after receiving a construction permit and is expected to be operational in July 2024 . The capacity of phase 1 is expected to be 150,000 vehicles/year.

Giới chức Mỹ đánh giá cao dự án sản xuất xe ô tô điện của Vinfast

VOV.VN - Dự án của Vinfast tại bang Bắc Carolina có mức đầu tư lên tới 2 tỷ USD trong giai đoạn 1, sẽ được khởi công ngay trong năm 2022 sau khi nhận được giấy phép xây dựng.

vov.vn

 

[xizhimen]

Say that to Premier Li , who said 600 million people whose monthly income is barely 1,000 yuan (USD 140)

(40% = 600 million people )

View attachment 45326

He quoted " disposable income" data from years ago, which was based on the Chinese population including children , unemployed , people on government welfare, disabled and retired people, it has nothing to do with the salary level , did you really watch that Taiwan vidoe for this report I posted ?
It's very funny that a Vietnamese knows how much Chinese make while Chinese themselves don't know, lol, at least Taiwan people came to China and went to the streets to seek the truth, while Vietnamese I guess can't afford the tickets to do the same.

By the way, when you were a school kid, how much pocket money did you have?

 

[Jagdflieger]

I just point out that 600 million Cnese are as poor as N.Korea, thats why CN's birth rate keep dropping like N.Korea cos with 140 usd per month, they can't even buy enough healthy food, let alone fancy Mercedes C200 or raising kids

View attachment 45324

But in East Asia, like N.Korea, story is different.

--------------------
North Korean women are not impressed. The country’s fertility rate keeps slowly sliding down, reaching an estimated 1.9 in 2019. While not as bad as in the South, the figure is unusually low for such a poor country. The result is that North Korea is one of the few countries that has seen its population begin to age while still poor, and it is doubtful whether government policies can reverse this process.

The N-Korea figure you post is showing GDP per capita = US$1,300 = US$ 110/month
China's GDP per capita = US$ 13,000 = US$ 1100/month

Realistic stats regarding N-Korea show an average of around US$35/month throughout the entire country
Realistic stats regarding China show a average of around US$ 500/month throughout the countries rural areas and they do not suffer from famines like N-Korea.
Realistic stats regarding China show at minimum around US$ 300/month throughout the countries rural areas and they do not suffer from famines like N-Korea.
So your statement that 600 million people in China are as poor as N-Korea - is a baseless - totally unrealistic statement.

I never forwarded that all Chinese or those 600 million have a C200 - but the average middle class (monthly average household income around US$ 3000) have and they are mostly the ones that presently have no kids or no planing for own kids. The upper middle class (monthly average household income around US$ 6000 have at least two cars and 1 child. And then you have the rich, (more or less Chinese manufacturers employing above 100 workers) the very rich, and super rich.

If the figures 1.9 N-Korea and 1.15 China are correct - then the N-Korean fertility rate would still be 60% higher then that of China, despite famine.

Maybe it's time for you and many others to come and visit China - so that you can get a realistic impression or view onto China.

 

[Viva_vietnamm]

The N-Korea figure you post is showing GDP per capita = US$1,300 = US$ 110/month
China's GDP per capita = US$ 13,000 = US$ 1100/month

Realistic stats regarding N-Korea show an average of around US$35/month throughout the entire country
Realistic stats regarding China show a average of around US$ 500/month throughout the countries rural areas and they do not suffer from famines like N-Korea.
Realistic stats regarding China show at minimum around US$ 300/month throughout the countries rural areas and they do not suffer from famines like N-Korea.
So your statement that 600 million people in China are as poor as N-Korea - is a baseless - totally unrealistic statement.

I never forwarded that all Chinese or those 600 million have a C200 - but the average middle class (monthly average household income around US$ 3000) have and they are mostly the ones that presently have no kids or no planing for own kids. The upper middle class (monthly average household income around US$ 6000 have at least two cars and 1 child. And then you have the rich, (more or less Chinese manufacturers employing above 100 workers) the very rich, and super rich.

If the figures 1.9 N-Korea and 1.15 China are correct - then the N-Korean fertility rate would still be 60% higher then that of China, despite famine.

Maybe it's time for you and many others to come and visit China - so that you can get a realistic impression or view onto China.

No one stop u living in delusion, but 600 million Cnese are starving like in N.Korea with just 140 usd per month, thats Premier Li said, and the World trust him much more than you cos he's CN premier.

It explain why CN birth rate is dropping cos 600 million Cnese can't even have enough good food and they don't have 3 stories houses nor Geely cars like u said, they sleep on the streets

 

[xizhimen]

Lo, where did you get that photo? Vietnam? people in it look very south east Asians, not Chinese, and I haven't seen a single homeless person in China for many years already, where did you go to find them?

Chinese Woman Shocked By Seeing So Many Homeless People After Moving To The US

<p>A Chinese woman was left stunned by the number of homeless people living on the streets in the US. More than half a million people are estimated to be homeless across America, with approximately 17 people per 10,000 experiencing homelessness each day and thousands dying every year as a...

www.unilad.co.uk

 

[Jagdflieger]

The one that is living in delusion would be you - as I said come to China and see for yourself.

How Western media's work (agenda) is known to me since the 60's - due to having grown up in S.E.A. and living/working in S.E.A. and China for almost 40 years.
That there are likely a 50 million people with less then US$ 200/month is feasible - and no one said that China isn't keeping up it's work to eradicate that poverty as well - not even the Western media.

But to claim/state that 600 million people in China as as poor as N-Koreans - therefore no higher birthrate, is just ........
But hey, it's your Vietnam forum, so it's content is up to you.

 

[Viva_vietnamm]

The one that is living in delusion would be you - as I said come to China and see for yourself.

How Western media's work (agenda) is known to me since the 60's - due to having grown up in S.E.A. and living/working in S.E.A. and China for almost 40 years.
That there are likely a 50 million people with less then US$ 200/month is feasible - and no one said that China isn't keeping up it's work to eradicate that poverty as well - not even the Western media.

But to claim/state that 600 million people in China as as poor as N-Koreans - therefore no higher birthrate, is just ........
But hey, it's your Vietnam forum, so it's content is up to you.

Go and blame Premier Li cos he just busted your bubble about "beauty CN where poorest CNese living in 2,3 stroies houses, buying Geely instead of Mercedes C200, but actually they sleep on the streets with hungry stomatch like in N.Korea ". don't blame me, bro

 

[Viva_vietnamm]

Lo, where did you get that photo? Vietnam? people in it look very south east Asians, not Chinese, and I haven't seen a single homeless person in China for many years already, where did you go to find them?

Chinese Woman Shocked By Seeing So Many Homeless People After Moving To The US

<p>A Chinese woman was left stunned by the number of homeless people living on the streets in the US. More than half a million people are estimated to be homeless across America, with approximately 17 people per 10,000 experiencing homelessness each day and thousands dying every year as a...

www.unilad.co.uk

U haven't seen a single homeless person in China cos u r living in delusion while Premier Li seen 600 million starving CNese and he's CN Premier while u r just a junkie, dude :lol

 

[xizhimen]

U haven't seen a single homeless person in China cos u r living in delusion while Premier Li seen 600 million starving CNese and he's CN Premier while u r just a junkie, dude :lol

LOl, a bit of thick from someone who never visited China and only look for China bashing pieces on the internet

Searching for a homeless person in China

 

[xizhimen]

In terms of personal wealth on strict dollar basis, China is a little bit above the global average, not very good but we are still working hard to improve it.

 

[Viva_vietnamm]

LOl, a bit of thick from someone who never visited China and only look for China bashing pieces on the internet

Searching for a homeless person in China

Homeless at higher risk during coronavirus outbreak​

By Li Lei | China Daily | Updated: 2020-03-19 11:08

A homeless woman carrying bags crosses a road in Beijing, China, as the country is hit by the novel coronavirus outbreak, on January 30, 2020. [Photo/Agencies]

To curb infections, shelters have stepped up efforts to accommodate the homeless. Health screenings are tight for the newcomers and body temperature checks are frequent.
Wuhan's Civil Affairs Bureau also rolled out plans to accommodate the stranded.
Bureau figures show that by Friday, a total of 69 shelters had been set up in buildings around the city to cater for 4,843 people without lodgings. More than 16 million yuan ($2.28 million) has also been allocated to 5,839 homeless people.

Homeless at higher risk during coronavirus outbreak

On the afternoon of Jan 16, Wu Qian, who worked at a homeless shelter in Wuhan, Hubei province, departed the city with two colleagues and a deaf boy.

www.chinadaily.com.cn

 

[xizhimen]

Homeless at higher risk during coronavirus outbreak​

By Li Lei | China Daily | Updated: 2020-03-19 11:08

A homeless woman carrying bags crosses a road in Beijing, China, as the country is hit by the novel coronavirus outbreak, on January 30, 2020. [Photo/Agencies]

To curb infections, shelters have stepped up efforts to accommodate the homeless. Health screenings are tight for the newcomers and body temperature checks are frequent.
Wuhan's Civil Affairs Bureau also rolled out plans to accommodate the stranded.
Bureau figures show that by Friday, a total of 69 shelters had been set up in buildings around the city to cater for 4,843 people without lodgings. More than 16 million yuan ($2.28 million) has also been allocated to 5,839 homeless people.

Homeless at higher risk during coronavirus outbreak

On the afternoon of Jan 16, Wu Qian, who worked at a homeless shelter in Wuhan, Hubei province, departed the city with two colleagues and a deaf boy.

www.chinadaily.com.cn

Did you actually read what you posted, it's Wuhan during the lockdown, many were stuck in the city and this is why the city set up shelters for those people

 

[Viva_vietnamm]

Did you actually read what you posted, it's Wuhan during the lockdown, many were stuck in the city and this is why the city set up shelters for those people

Before Covid, there are 5,839 homeless people there, thats why the city had to set up shelters for them during Covid

 

[xizhimen]

Before Covid, there are 5,839 homeless people there, thats why the city had to set up shelters for them during Covid

There might be, there might not be, but they are very few, hard to find in Chinese cities and town, it's also a hard fact, ask anyone who ever visited China personally for confirmation.

 

[Jagdflieger]

Country	Poverty Rate (WB) Germany - 14.8% Vietnam - 6.7 % China - 0.6 %

	Data Year (WB)	% Less than $10/day Germany - 1.24% Vietnam - 55% China - 43%	% Less than $5.50/day Germany - 0.5% Vietnam - 20% China - 14%

I think that you don't even know as to how the poverty rate index is calculated - there is no US$ 200/month standard covering the world

Poverty index is individually calculated upon each country - in regards to it's cost of living - as such you are considered to be poor in Germany if your household income is below US$ 1500 a month. Whilst in China the same income would be considered to be a good middle income.

N-Korea isn't on the list - because everyone (aside maybe from you) knows that the entire country is impoverished and plagued by famines.

And having e.g. US$ 150/month in China (1000Rmb) - doesn't make you homeless or starving or forced to beg - just simply poor.
What does indeed make some beg is e.g. a Chinese making U$ 150-300 a month and playing Mahjong or betting on what ever.

You can move your cursor over the map

Poverty Rate by Country 2024

worldpopulationreview.com