Is Vietnam becoming “North Korea 2.0”?

No! Vietnam is becoming “South Korea 2.0” following the China path.

I have visited Vietnam many times since 1992. It has developed almost as fast as China, despite being a paria country. Having Russia, Cuba and North Korea as their sole friends did not entice a lot of investors…

HCMC and Hanoi were very poor in the 90’s. To the point where there were virtually no car in the streets, only bicycles! Now, it’s all cars and motorcycles. But while visiting a lot of farming areas, I was amazed at how energetic farmers were working in their fields. Even when they were still a state property! And how smart they were… A lot of common sense and cheap solution to every problems.

Vietnam is small but has a huge population mostly living on mountains but they managed to set up irrigated rice-fields everywhere. They have the highest yield in SE-Asia for many crops like rice, coffee,…

A very hard-working people that have now turned into the second factory for the world, after China. If the communist party continues to open up like in China, it has a brilliant future!