why Vietnam has emerged so rapidly as an important investment destination and how Thailand and its investors should adjust to the new environment.
Thai investors seeking to invest abroad are usually looking at countries within the 10-member Asean as they have more common grounds than differences.
Their proximity and the familiar way of dealing with people, governments and related agencies have helped keep Thai investors glued to their Asean neighbours.
Furthermore, the lower transport and logistics costs and potential gains from the Asean Free Trade Area (Afta) play a key role in their considerations. Under the Afta, goods and services are taxed between zero and 5% and the tariffs are set to be fully liberalised over the next two years.
Apart from Asean, there is also a huge interest in countries such as China, mainly due to the abundance of labour, the large domestic market and the low cost of production. But the market has become very competitive in nature.
Facts about Asean There are some points of consideration when investing in Asean:
- We would not invest in countries such as Malaysia and Singapore because the labour costs are higher than in Thailand.
- Laos has a population of 6.5 million, while Ho Chi Minh City alone has more than 8.5 million people.
- Burma is a closed country with no political or currency stability.
- Cambodia has a small population but the people are not as hard-working or inquisitive as the Vietnamese.
- The Philippines is too far. Its political situation is not very stable. It also is prone to a lot of natural disasters.
- Indonesia, among all the Asean countries, is the only country in which Thai entrepreneurs could invest. Its population is about 250 million. It has a low labour cost, but also has a lot of crime and ethnic conflicts, especially with the Chinese community.
The country also has lots of religious problems and terrorist threats, and the government's stability is also not very good. But if you cater to the domestic market, or need to use local content, then this is where you should pour the money in.
Indonesia is also abundant in its natural resources such as seafood, mineral ores and coal.
China vs Vietnam When it comes to China and Vietnam, the following comparison could be helpful for those wondering which offers the better value and greater return.
From the information available to me in my dealings with customers, especially investors from Taiwan, here are some of the key differences between the two countries:
- Labour costs: The costs of labour are about the same but China's cost structure is on the upward trend, while in Vietnam, the cost rises only once every few years. For example, over the past 10 years, wages rose only once in April this year from $35-45 a month to the current level of $45 to $55.
- Incentives: As for privileges offered for raw materials imported for production, Vietnam gives a tax break of nine months while China collects 17% when goods are imported and returns 9% when the products are exported.
The remaining 8% is returned in the future, but in reality the funds are asked to be donated to local organisations that are underprivileged and it is difficult to say no; therefore, doing business in China ends up being more expensive.
- Currency value: The Vietnamese dong has had a tendency to depreciate and over the past four years it has weakened by 1% annually. The yuan, on the other hand, has been appreciating against the US dollar and Beijing is under intense pressure from the United States and European countries to float its currency.
- Dumping problems: China faces various anti-dumping measures from countries such as the United States and the European Union but Vietnam sees its products welcomed, especially by European countries.
This has caused a lot of companies in China, such as furniture and candle producers, to close shop and move to Vietnam.
- Tax rates: The tax rates in both countries also make a difference. As a member of the 10-member Asean, Vietnam has the advantages that China does not have. Import and export taxes are therefore lower and transport and logistics are more convenient and cheaper as it is closet to Thailand.
- Policies: The policies of the central and provincial governments are in line with each other in Vietnam, but in China this is not always the case. In one case, the court in Beijing allowed Thai businessmen to invest in Shenzhen but the local administration in the province blocked the move, citing local laws.
- Preferred businesses: Vietnam welcomes large corporations, as well as small and medium-sized investors, whereas in China the red carpet is laid out primarily for large multinationals with deep pockets and good connections.
Apart from these advantages, Vietnam has lots of natural resources such as seafood, ores, crude oil and natural gas. It also exports farm products in large volumes such as rice (second-largest in the world), coffee (second after Brazil), cashew nuts (second to India), pepper (world's largest), frozen food (sixth largest in the world), and tea leaves (seventh largest).
These strengths, coupled with the highly efficient workforce in Vietnam, have help attract some of the labour-intensive industries out of the various countries in this region.
Another area that could be of interest to Thai investors is the tourism industry, an inherent strength of the Thai people, as tourism continues to show tremendous growth in Vietnam.
Vietnam has more than 3,260 kilometres of beachfront and has beautiful beaches such as Na Trang, Phan Thiet, as well as the world heritage site Halong Bay.
Other areas that Thai investors could look to tap into are the automobile industry.
Although right now car sales in Vietnam are not very high, they are increasing every year and the area that is really booming is the motorcycle market.
Currently, there are 20 million motorcycles in Vietnam and the number is increasing by two million a year. Thai entrepreneurs can look to tap this growing market by supplying parts and accessories, exporting or building clusters of factories.
Wittaya Supatanakul is Bangkok Bank Plc's adviser on Vietnam. He was the general manager for Bangkok Bank's Ho Chi Minh City branch before becoming the adviser on the bank's Vietnam strategy.
Vietnam has a broader view of the world than laos does. While vietnam is trying to reconciliate with the west aka the usa, laos is still badmouthing the usa. While vietnam is sending her best students to usa, even to the american ivy league schools to get the best education, laos is still begging for scholarship to go to a vietnamese school. And you all know who get it - only the nayoby kids - good at nothing. All real lao brain and best students are wasted...
Vietnam has a broader view of the world than laos does. While vietnam is trying to reconciliate with the west aka the usa, laos is still badmouthing the usa. While vietnam is sending her best students to usa, even to the american ivy league schools to get the best education, laos is still begging for scholarship to go to a vietnamese school. And you all know who get it - only the nayoby kids - good at nothing. All real lao brain and best students are wasted...
That's my 2 kips.
Zorro
Thanks for your comment. I would like to believe that you are really right, but I still want to listen the opinion of people who live or study in Vietnam. Why Vietnam can go so fast?
I think LAO sent students to many countries not just VietNam. Lao has students in Australia, Singapour, China, France etc...Refer to Vietnam's reconciliation with Us, but not Lao, I believe Lao does the same thing. I must agree with one article in Why Lao has only 1 party? topic, it stated that american bombs and bullets killed lot of people in aroung the world for whatever objectives are.....like in Vietnam as I saw in Us document said that more than 3 millions Vietnamese died during the war with american. American weapons killed directly or indirectly millions people around the world even now as we see in IRAQ. I don't believe Lao badmouthing about american but someone just replied to some bad comments about LAO and Lao's reality that's all. Again if we look carefully Lao has send students to many countries not necessary just Vietnam, and Vietnam as well they send their students to Germany, Russia, England, Australia, Japan, China, etc not only USA. As I read in the news Vietnam has thousand and thousand students in Russia.
i agree with you , zorro, when vietnam pm visited the us it seemed that vietnam has commanded 10 boeing 747 and many mutual understanding agreements were signed...i really don`t see why laos does not follow vietnam who has made a big step forward in term of development of foreign relations instead of staying stil llike we are doing right now. let`s forget our painful wounds, we already have ntr with the us and let`s go forward along with vietnam... regards.
Oh come on, Lao kids study all over the world, including America, and Laos may have recent historical ties with Vietnam but it is also redeveloping them with Thailand and China (most important), and recently it was America that helped Laos to stop some stupid old men (Vang Pao and company) from trying to blow up Vientiane. People who say Laos is still dependent on Vietnam are themselves still dependent on a Cold War view of the world that has long dissappeared. Why anyone would want to study in America is beyond me anyway. Apart from its ivy league universities, which are full of American Nanyobai kids like George W. Bush, the education system in American is pathetic. Its sole aim is to produce dumb jocks who will be unable to get real work and so more likely to join the army and go and fight for American oil interests in Iraq. Why would any Lao or peaceful intelligent person anywhere want to be a part of that system? Ridiculous.
That's a ridiculous statement from a hardcore caveman. Don't want to be part of an american educational system then why let those lao kids go and waste their money over there, tell them to go elsewhere or just go home and learn from you.
We cannot copy everything from vietnam because our country have not the same environment, the density of people, the skill in meticulous work, different geographical position...so , we have the right to choose the right and appropriated things that suit us the most ...
I am a Lao student, studying in hanoi, Vietnam der! 1. Vietnam's culture: Vietnam is more open mind. so it is faster to change something out of date, a very simple Ex: Most of Vietnam university allow student dressing modern stlye, keep mordern hair style( no uniform ) why?...because they want they new generation much more CREATIVE, so first students has the right to be themself, but Lao embassy in Hanoi still not allow Lao students to do so, Lao need its student to be seriuos with the rules (which sometimes nonsense, not suitble in the modern society as today) 2. Most of Vietnam people very look important at MONEY, WEALTHY or something concer to material, then most of them are very hard working + selfish, meterialistic, safe money.. or not they can not exist what are very different from Laos, i am often feel very angry with my vietnamese friends becase thier selfishness...terrible 3. Vietnam is richer in natural resourses and they have sold them for along time ago but Laos has just done so recently i still have more consideration but too long, let share later
Vietnam developed faster than Laos and Cambodia that is the truth but not faster than Thailand. Vietnam is still decades behind Thailand or more if the yellow shirt military coup did not over Thaksin out from the office .If Thaksin still is in the office Thailand might still be the number one in South East Asia or will be neck to neck with Singapore today.
Vietnam developed faster than Laos and Cambodia that is the truth but not faster than Thailand. Vietnam is still decades behind Thailand or more if the yellow shirt military coup did not over Thaksin out from the office .If Thaksin still is in the office Thailand might still be the number one in South East Asia or will be neck to neck with Singapore today.
Any way Thaksin was out of office and Thailand economy is bad and Thailand is in debt and the unelected yellow shirt government could not fix the problems . The unelected yellow shirt dictator government is good only for the coup and over throw the elected government. They don't know how to trade but spending.
Laos is a land lock nation with less people and poor all over the country. Laos isn't open to the world so this makes many Lao #1 brain drain within the Asean community.
Also they have narrow minded Lao leaders who doesn't know how to run a country!
Most of the Lao leaders are not aggressive enough to push Laos further, which is why all other country are a mile ahead!
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admited that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
Laos is a land lock nation with less people and poor all over the country. Laos isn't open to the world so this makes many Lao #1 brain drain within the Asean community.
Also they have narrow minded Lao leaders who doesn't know how to run a country!
Most of the Lao leaders are not aggressive enough to push Laos further, which is why all other country are a mile ahead!
You need to look at your country statistic about the poor first and bad mouth about my country Ok. Where the F.u.c.k. did get the information that people are poor all over the country? let' see between Thailand and Laos whom got the most poor that roaming around the country ?
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admited that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
Don't feel bad Laos is not the only one so do North Korea , Cuba, Burma and other Africa countries.
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life .
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life .
So how many people could afford these kinda SUV ? and you know how much that yellow H2 cost in laos? 60 grands and up. if these big SUV own by the Business people i probably impress very much because they works hard for their money. But if these big SUV own by the PDR's kids, No i'm not impress at all. I, my self, own 2 big SUVm 07Range Rover and 08 GMC Yukonnnnn Denali. I know how much these trucks cost in Laos ? Please do not try to show me, Oh by the way, I do not asked any penny from my family to buy these cars at all. My hard earn money... so you try to show off with the wrong guy like me.... and a couple of day, my best friends just got big SUV Porsh and Yellow H2. all of us just love Big SUV.....
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life .
Pay check to paycheck ? Maybe your family or your cousins ? Not me, Mine has to be an education first and Job. that's i could afford whatever i want here in the USA WITHOUT WORRY ABOUT MY FINACIAL. EDUCATION FIRST, EDUCATION FIRST, EDUCATION FIRST. READ THREE TIME THEN YOU WILL BE LIKE ME...5555
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life .
Pay check to paycheck ? Maybe your family or your cousins ? Not me, Mine has to be an education first and Job. that's i could afford whatever i want here in the USA WITHOUT WORRY ABOUT MY FINACIAL. EDUCATION FIRST, EDUCATION FIRST, EDUCATION FIRST. READ THREE TIME THEN YOU WILL BE LIKE ME...5555
Lucky you but how many percent that young Lao American who don't make it and drop out from school and become gang members and none skill workers who get pay by the minimum wage or have to depend on the pay check after pay check and have to worry about their rent month after month. How many successful millionaires and well educated men with Phd or Master degree ? Maybe only a few and most of them are poor and try to survive month after month and pay check after pay check .
Laos is a land lock nation with less people and poor all over the country. Laos isn't open to the world so this makes many Lao #1 brain drain within the Asean community.
Also they have narrow minded Lao leaders who doesn't know how to run a country!
Most of the Lao leaders are not aggressive enough to push Laos further, which is why all other country are a mile ahead!
You need to look at your country statistic about the poor first and bad mouth about my country Ok. Where the F.u.c.k. did get the information that people are poor all over the country? let' see between Thailand and Laos whom got the most poor that roaming around the country ?
Don't blame on the system . The system is good so blame on the persons who are running the country. India is democratic country and look at
The Indian Billionaire
Slum in China
Chinese Billionaires
Number of Chinese billionaires 'second only to US'
By Michael Bristow BBC News, Beijing
China's leaders say they are worried by the growing rich-poor gap
China now has more billionaires than any other country besides the United States, according to Forbes magazine.
There are a total of 64 people in that bracket in mainland China, the magazine says in its annual list of the world's richest people.
The figure is perhaps not surprising considering that China's economy has seen rapid growth over recent years.
China is set to overtake Japan as the world's second-biggest economy sometime this year.
According to Forbes, the world now has 1,011 billionaires.
The country with the biggest concentration is the US, with 403. But China comes second with 64 living in the mainland.
That figure jumps to 89 if Hong Kong is included. The former British colony was returned to China in 1997, but largely governs its own affairs.
On Forbes' list of billionaires there are a total of 97 new additions - and 27 of those are from mainland China.
They include people such as Li Shufu, who is chairman of Geely, a car-maker that is currently poised to buy Sweden's Volvo.
The richest man in China, Zong Qinghou, runs a multi-billion-dollar firm, the Wahaha Group, that makes soft drinks.
In an interview with Forbes, he hinted at why his firm has become so successful.
"We're not afraid of competition. To meet competition, however, you have to continuously innovate," he said.
Wealth gap
China's increasing prominence on this rich list reflects its growing economic muscle, confirmed on Wednesday with a report that exports rose in February by nearly 50% compared to a year earlier.
But the news that there are now more billionaires in China might not be welcomed by everyone in the country.
Many people, including some officials, say that the gap between rich and poor is already too large.
Just a few days ago in a speech at the start of China's on-going parliamentary session, Chinese Premier Wen Jiabao said the government must reverse the widening income gap.
"We will not only make the 'pie' of social wealth bigger by developing the economy, but also distribute it well," he said.
Mr Wen added: "[We will] make our society fairer and more harmonious."
So does the system really give every body equal opportunity to be billionaires .
India is democracy country and China is communist country ?
So no sweat what the systems are but it you who have the brain that make the different so don't blame the system .
The answer to this question is simple but with many factors.
- Corrupt or incompetent leaders - Old ways of thinking in a global market (The world is competitive we need to modernize our thinking) - Free Trade Organization (We need to get into this to have more international companies come in to Lao) - Education (We need to get this up to date and send more Lao people to top universities around the world) - Lao Diaspora (Similar to the Africa Diaspora on Africa making it lag in development compare to other places.) - Pride (Sometimes we think we know it all but we don't or when we do need help we don't ask for it. Lose face) - Jealousy (We need support one another and encourage our people not bring them down). Do not worry about other countries instead worry about making Lao the best country it can be. - Science over Superstition (Science and math will help us innovate new ideas and technologies - Partnering with other countries besides China and Vietnam. I.E Japan, South Korea, Singapore, US, Europe, Etc. - Decide on a course or plan. What are our objectives? How will we achieve it? What do we need? - Reconcile Lao Nai and Lao Nork. This is the Key. There are plethora of highly educated Lao all over the world. - Do not pollute our land like the Chinese. They will pay for it in the future in terms of environmental problems. - Think Positive and be positive.
There are more but these are what came up in my head. We cannot change the past but we can change the future.
-- Edited by 7 Seasons on Friday 10th of June 2011 05:57:19 PM
-- Edited by 7 Seasons on Friday 10th of June 2011 05:58:32 PM
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admited that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing alot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what tha F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admited that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing alot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what tha F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vietiane prefecture (KhumphengNakhon ViengChunh only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developping or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR's government is doing ??????????????????????
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life .
Pay check to paycheck ? Maybe your family or your cousins ? Not me, Mine has to be an education first and Job. that's i could afford whatever i want here in the USA WITHOUT WORRY ABOUT MY FINACIAL. EDUCATION FIRST, EDUCATION FIRST, EDUCATION FIRST. READ THREE TIME THEN YOU WILL BE LIKE ME...5555
Lucky you but how many percent that young Lao American who don't make it and drop out from school and become gang members and none skill workers who get pay by the minimum wage or have to depend on the pay check after pay check and have to worry about their rent month after month. How many successful millionaires and well educated men with Phd or Master degree ? Maybe only a few and most of them are poor and try to survive month after month and pay check after pay check .
No I don't think I'm lucky, I worked hard my a$$ off to get where I'm today... after get out from school, go right straight to a major manufacturing almost 20 years now and still have the same job. how many people out there work at the same place ? not many I guess.....
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admitted that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing a lot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what the F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vientiane prefecture (Khampheng Nakhon Vieng Chan only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developing or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR government is doing ??????????????????????
So you want every part of Laos to be developed as you wish that it would be . So how long it take the United Sates to develop to all the unbanned and remote area every state . Today the United states still could not finish developing the unbanned and remote area.So Look at China and India and they still have a long way to go . So If you are so good and the expert instead of complaining . So let see your plans and what would you do to make Laos better place to live and fast develop . Please, show us your plans just general idea not the detail what are you going to do to make Laos to develop fast and how much time that you need to get it done . Talk is Cheap and action that what is count brother.
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life .
Do you ever think about those millions Laotians who live in a hut? Learn a basic math and do the average. You poor Lao are living on $4/month?
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admitted that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing a lot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what the F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vientiane prefecture (Khampheng Nakhon Vieng Chan only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developing or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR government is doing ??????????????????????
So you want every part of Laos to be developed as you wish that it would be . So how long it take the United Sates to develop to all the unbanned and remote area every state . Today the United states still could not finish developing the unbanned and remote area.So Look at China and India and they still have a long way to go . So If you are so good and the expert instead of complaining . So let see your plans and what would you do to make Laos better place to live and fast develop . Please, show us your plans just general idea not the detail what are you going to do to make Laos to develop fast and how much time that you need to get it done . Talk is Cheap and action that what is count brother.
My first and priority plan is ' Demolish the Socialist system'' and send those old guard packing, Would you agree with me on this ????? if not, there's no need to go any further with my policy. if you do agree, then I'll go on with my policy.
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admitted that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing a lot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what the F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vientiane prefecture (Khampheng Nakhon Vieng Chan only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developing or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR government is doing ??????????????????????
So you want every part of Laos to be developed as you wish that it would be . So how long it take the United Sates to develop to all the unbanned and remote area every state . Today the United states still could not finish developing the unbanned and remote area.So Look at China and India and they still have a long way to go . So If you are so good and the expert instead of complaining . So let see your plans and what would you do to make Laos better place to live and fast develop . Please, show us your plans just general idea not the detail what are you going to do to make Laos to develop fast and how much time that you need to get it done . Talk is Cheap and action that what is count brother.
My first and priority plan is ' Demolish the Socialist system'' and send those old guard packing, Would you agree with me on this ????? if not, there's no need to go any further with my policy. if you do agree, then I'll go on with my policy.
Just another cheap talk . No better than acting smart but knowing nothing. China and Vietnam are not moving away from socialist economic system.China and Vietnam are still one party and one government and the people still don't have the right to vote for the president and the prime minister. One group of people still make all the decision for all people regardless the people like it ir not that is they way China and vietnam run the country. It seems to me China and Vietnam are doing very well in developing and economical growth. Singapore is one party government also as you could see . The Singaporean leader and their government transformed their country from poverty to the most modern country and turn their people from cheap labor to well educated and skill workers. So what is your plans ? Are you the expert in economic ? If you are then show me .If you are not then go back to school , when you become an expert then come back and show us .
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admitted that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing a lot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what the F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vientiane prefecture (Khampheng Nakhon Vieng Chan only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developing or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR government is doing ??????????????????????
So you want every part of Laos to be developed as you wish that it would be . So how long it take the United Sates to develop to all the unbanned and remote area every state . Today the United states still could not finish developing the unbanned and remote area.So Look at China and India and they still have a long way to go . So If you are so good and the expert instead of complaining . So let see your plans and what would you do to make Laos better place to live and fast develop . Please, show us your plans just general idea not the detail what are you going to do to make Laos to develop fast and how much time that you need to get it done . Talk is Cheap and action that what is count brother.
My first and priority plan is ' Demolish the Socialist system'' and send those old guard packing, Would you agree with me on this ????? if not, there's no need to go any further with my policy. if you do agree, then I'll go on with my policy.
Just another cheap talk . No better than acting smart but knowing nothing. China and Vietnam are not moving away from socialist economic system.China and Vietnam are still one party and one government and the people still don't have the right to vote for the president and the prime minister. One group of people still make all the decision for all people regardless the people like it ir not that is they way China and vietnam run the country. It seems to me China and Vietnam are doing very well in developing and economical growth. Singapore is one party government also as you could see . The Singaporean leader and their government transformed their country from poverty to the most modern country and turn their people from cheap labor to well educated and skill workers. So what is your plans ? Are you the expert in economic ? If you are then show me .If you are not then go back to school , when you become an expert then come back and show us .
Now i knew that you're another commie licking @ss, that's why you can't take it when i mention about Demolish the Communist system, 555. anyway, let father tell you something about Vietnam and China economic reforms. especially China, when it come to their economy they the chinese go all in with capitalist economy. go and read about socialism policy you stupid, socialism do not allow private interprise ok. china openned their country for the west and investors and allowed private interprise that's why their economic is boomong now you stupid. i assumed you are living outside the country, but i don't see you learn anything at all... what a shame.........
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admitted that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing a lot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what the F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vientiane prefecture (Khampheng Nakhon Vieng Chan only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developing or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR government is doing ??????????????????????
So you want every part of Laos to be developed as you wish that it would be . So how long it take the United Sates to develop to all the unbanned and remote area every state . Today the United states still could not finish developing the unbanned and remote area.So Look at China and India and they still have a long way to go . So If you are so good and the expert instead of complaining . So let see your plans and what would you do to make Laos better place to live and fast develop . Please, show us your plans just general idea not the detail what are you going to do to make Laos to develop fast and how much time that you need to get it done . Talk is Cheap and action that what is count brother.
My first and priority plan is ' Demolish the Socialist system'' and send those old guard packing, Would you agree with me on this ????? if not, there's no need to go any further with my policy. if you do agree, then I'll go on with my policy.
Just another cheap talk . No better than acting smart but knowing nothing. China and Vietnam are not moving away from socialist economic system.China and Vietnam are still one party and one government and the people still don't have the right to vote for the president and the prime minister. One group of people still make all the decision for all people regardless the people like it ir not that is they way China and vietnam run the country. It seems to me China and Vietnam are doing very well in developing and economical growth. Singapore is one party government also as you could see . The Singaporean leader and their government transformed their country from poverty to the most modern country and turn their people from cheap labor to well educated and skill workers. So what is your plans ? Are you the expert in economic ? If you are then show me .If you are not then go back to school , when you become an expert then come back and show us .
Now i knew that you're another commie licking @ss, that's why you can't take it when i mention about Demolish the Communist system, 555. anyway, let father tell you something about Vietnam and China economic reforms. especially China, when it come to their economy they the chinese go all in with capitalist economy. go and read about socialism policy you stupid, socialism do not allow private enterprise ok. china opened their country for the west and investors and allowed private enterprise that's why their economic is booming now you stupid. i assumed you are living outside the country, but i don't see you learn anything at all... what a shame.........
Who stopping you or any one from owning the enterprise in Laos. You could build your own empire as big as you want if you have the brain to do so . There are no law against you or any one to build the business in Laos just like in China and Vietnam or in the United States or any where else in the world . There are no discrimination against you and any body in Laos as long as you don't break any law of the land. In Thailand there is Majesty law and the penalty worst than second degree murder that you have to respect the law if you want to live and do business in Thailand. You could insult the God but not the king and the members of his family that is the law. So the same thing in Laos if you want to do business in Laos , you must obey and respect the Lao's laws . India is democracy country and there are a lot of billionaires and also a lot of poor people . China is a communist country and the second economical power in the world and there are 115 billionaires and about 300 million Chinese have a good living (rich) in China and of course about one billion people are still poor and earn about $3 to 5 dollars per day without those cheap labors China would not be economical success today. So Stop talking ,show me some acting . Talk is cheap .
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admitted that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing a lot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what the F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vientiane prefecture (Khampheng Nakhon Vieng Chan only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developing or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR government is doing ??????????????????????
So you want every part of Laos to be developed as you wish that it would be . So how long it take the United Sates to develop to all the unbanned and remote area every state . Today the United states still could not finish developing the unbanned and remote area.So Look at China and India and they still have a long way to go . So If you are so good and the expert instead of complaining . So let see your plans and what would you do to make Laos better place to live and fast develop . Please, show us your plans just general idea not the detail what are you going to do to make Laos to develop fast and how much time that you need to get it done . Talk is Cheap and action that what is count brother.
My first and priority plan is ' Demolish the Socialist system'' and send those old guard packing, Would you agree with me on this ????? if not, there's no need to go any further with my policy. if you do agree, then I'll go on with my policy.
Just another cheap talk . No better than acting smart but knowing nothing. China and Vietnam are not moving away from socialist economic system.China and Vietnam are still one party and one government and the people still don't have the right to vote for the president and the prime minister. One group of people still make all the decision for all people regardless the people like it ir not that is they way China and vietnam run the country. It seems to me China and Vietnam are doing very well in developing and economical growth. Singapore is one party government also as you could see . The Singaporean leader and their government transformed their country from poverty to the most modern country and turn their people from cheap labor to well educated and skill workers. So what is your plans ? Are you the expert in economic ? If you are then show me .If you are not then go back to school , when you become an expert then come back and show us .
Now i knew that you're another commie licking @ss, that's why you can't take it when i mention about Demolish the Communist system, 555. anyway, let father tell you something about Vietnam and China economic reforms. especially China, when it come to their economy they the chinese go all in with capitalist economy. go and read about socialism policy you stupid, socialism do not allow private enterprise ok. china opened their country for the west and investors and allowed private enterprise that's why their economic is booming now you stupid. i assumed you are living outside the country, but i don't see you learn anything at all... what a shame.........
Who stopping you or any one from owning the enterprise in Laos. You could build your own empire as big as you want if you have the brain to do so . There are no law against you or any one to build the business in Laos just like in China and Vietnam or in the United States or any where else in the world . There are no discrimination against you and any body in Laos as long as you don't break any law of the land. In Thailand there is Majesty law and the penalty worst than second degree murder that you have to respect the law if you want to live and do business in Thailand. You could insult the God but not the king and the members of his family that is the law. So the same thing in Laos if you want to do business in Laos , you must obey and respect the Lao's laws . India is democracy country and there are a lot of billionaires and also a lot of poor people . China is a communist country and the second economical power in the world and there are 115 billionaires and about 300 million Chinese have a good living (rich) in China and of course about one billion people are still poor and earn about $3 to 5 dollars per day without those cheap labors China would not be economical success today. So Stop talking ,show me some acting . Talk is cheap .
Wao you brothers really go against one another, and as I've read both of your discussion both of you brothers have a point. But the other one kinda show off and C.o.c.k.y... Ha,Ha. Sorry for saying that. I also love to jump in with the issue but you brothers alreadies has a heat with each others maybe next time...
How can we make Laos into the best country it can be when we cannot have a constructive dialogue between brothers? We don't need to stop the finger pointing and belittle each other but work with one another to improve the lives of our people. It is not what I have, it is not what you have, it is how we can improve our country as a whole. We can all disagree with each other but we need to RESPECT each other without that we will never achieve nothing.
It is good to emulate the Vietnamese but we need to have our own style. This is how Singapore is defining itself. A tiny island country with 10,000 engineers and scientists. We need to improve our education system by partnering with these countries so that future students are learning from the best in the world. Focus less on materialism and more on education.
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life .
Say what ever you want that Laotian are poor but the Laotian are able to pay for the exotic expensive cars in cash unlike you guy have to finance and make the payments for many years and working your ass off pay check by pay check for the rest of your life
I just wonder how you guy have the monies to pay for these cars in cash when your parents salaries are less than $500 per month and how you could afford to live in a very expensive house and travelling abroad and study in very expensive university and live your life in the luxury style like monies growing from the tree .
Laos is a land lock nation with less people and poor all over the country. Laos isn't open to the world so this makes many Lao #1 brain drain within the Asean community.
Also they have narrow minded Lao leaders who doesn't know how to run a country!
Most of the Lao leaders are not aggressive enough to push Laos further, which is why all other country are a mile ahead!
You need to look at your country statistic about the poor first and bad mouth about my country Ok. Where the F.u.c.k. did get the information that people are poor all over the country? let' see between Thailand and Laos whom got the most poor that roaming around the country ?
This was only a international standards. Laos as a part of a newly international community we see Laos development and education below the rest of the Asean community. But there is a reason for that is poor system and leadership. I'm not trying to bad mouth Laos. I just think maybe it is time to think outside of the box since Laos does actually have potential.
What Laos need now is strong and aggressive leader who goes out there towards the international community to welcome them into Laos. A best leader of a country should be push hard and be very motivated in any circumtances. That's how Laos as a whole can improved and standards goes up higher for the generation of Lao.
Right now Laos need to stop listening to Vietnam and start standing on her own two feet and with with those Lao oversea and the international community. Vietnam doesn't care about the Lao people or Laos. We have to take care of our own people first just like how Vietnam take care of there own people.
When I look at Ho Chi Minh City I see a lot of thing's going on there. When I look at Vientiane I see nothing but a village !
-- Edited by bigmouth on Saturday 11th of June 2011 01:18:40 PM
I watch them but I don't see any thing to be learned from because what I see , is the pollution and traffic jam and density ( too many people) and smog. I look at Vientiane and I am sad because Vientiane will be like Them soon if we don't do any thing about it. The country be developed .It don't have to be polluted and over population and traffic jam with big tall buildings every where in the city. All Laos don't need to be like them . Laos need to be yourself. Laos only need good water pipe line, power (electricity ) , good plumbing and sew system, good hospitals , good schools and good university, good communication , telephone ,TV and Radio stations, good roads and high ways and railways and good transportation system good fire department , good justice system and good court building and good police station and jail to enforce the law and order and plenty of good jobs for all citizen .No need big tall building and fancy restaurant and night club with all night light and entertainment and big shopping mall and a lot of cars . We are happy to live in simple life of beautiful nature in the paradise.Lost should somewhere in time with hi tech and modern technology.
Laos is not a poor country and has more natural resource than Singapore and other countries . Laos is poor because Lao people makes the country to be poor. Lao people don't do the right thing unlike Singaporean and south Korean people and upper Austrian people. Stop taking the wrong advices from foreigner advisers. Have the mind of your own.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admitted that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing a lot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what the F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vientiane prefecture (Khampheng Nakhon Vieng Chan only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developing or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR government is doing ??????????????????????
This idiot do not have a master degree but you on the other hand, what a waste of money on that degree.
Yes Lao kid you were right that Lao is not a poor country, But how come you do not admited that Laos has been run by a screw-up system... after more than 30 years in power ? Should country be better off by now ?
As far as I can see and remember, currently for the last 30years Lao is moving and developing alot faster than it has been prior to 1980s so what are you talking about I have been to Lao since in the early 90s and multiple trips since, I saw the changes...and they are much much much better than when i was there in the 70's. so what tha F....are you talking about....I will be the first one to tell you that Lao governments are not stupid.
Yes around Vietiane prefecture (KhumphengNakhon ViengChunh only) you idiot, But the rest still like... what do you want me to put it !!! into a word ? I've had an economic and political science majors and I know how to look at which country is really develop or not. I was borned and raised in Laos, I know if our country is developping or not. please don't just tell me you just f.u.c.k.i.n.g. hangout only in capital. Have ever gone outside the capital city ? if you have, please explain it to me you idiot... how the rest is looking like !!! and who said Lao PDR are stupid ? who say it ? now china and vietnam are move away from socialist economic system, what about your brother PDR's government is doing ??????????????????????
Why don't you look up what is the word screw-up mean: did you say you have two majors?
screw up **** up mess up fail mistake idiot failure retard stupid blunder ruin fubar error botch epic fail destroy **** loser messed up **** ...