Despite Vietcong regime met the collapsed conditions as corruption, poverty, and the major population hates Ho Chi Minh, actually Vietnam Communist party is the super gang of genocide, treason, but the ruthless regime still exists that comes from the reasons:
1-Democratic President Bill Clinton rescued “comrade” Vietcong: while the sanction was affected the inhumane regime, but President Bill Clinton, a Vietnam War’s opponent, and evaded military service, he lifted the embargo to Vietcong regime in 1994. Nevertheless, President Bill Clinton illegal received the fund of China’s financial agents in the election 1992 and 1996, so Bill Clinton deserved many priorities for China as the Most Favored Nation’s policy, so he also helped Vietnam communist regime, the vassal of China although the human rights violation has never changed. Democratic presidents made China growth and America was worst off.
Vietcong considers Bill Clinton as their savior, so in 2000, before the second presidential term expires, Bill Clinton visited Vietnam, Hanoi regime warmly welcomed as a hero. The embargo lift also endorsed by John Kerry, Hanoi Songbird Senator John Mc Cain, and Democrats
2-The foreign aid: mostly, the foreign aid to Hanoi regime that created more than 300 millionaires and billionaires of the US dollar, the members of political bureau gained the taxpayers of the capitalist’s countries, almost, the red capitalists stationed the properties and assets overseas, they sent children to study at the Western and laundering money. The Western taxpayers poured into the pocket of Vietcong’s high profiles, the foreign aid went wrong from many decades.
3-The offshore Vietnamese provided more than $USD 20 billion per year: they are the financial sources:
-Annually, there were more than 800,000 Vietnamese refugees turned asylum seeker, they returned to where the escaped for freedom bid. The false refugees provided money for Vietcong regime when they came back safe and spent, including bribed from airport to local government.
-The financial agents: Vietcong sent the financial agents to the Western countries, mostly, whoever links the business with Vietnam, they should be the financial agents. The Asia groceries owned by Vietnamese refugee or migrant should relate to Hanoi, actually the business association in the Western countries.
-The overseas worker: Vietcong exported the laborer worldwide.
-The charity fuelled foreign currencies that helped the inhumane regime takes over the difficulty. The charity carries out under multiple forms as religion (Buddhist and Catholic), some individual charity as former movie star Kiều Chinh, Mr. Trúc Giang (SBTN Vietnamese television in the US) including the so-called helping South Vietnam’s disabled soldier, the prominent collector is musician Nam Lộc.
However, economic Vietnam is managed by the communist party, actually, the politic Bureau, almost, the economic deciders have no capacity, the inexpert and illiterate economic management is like a peasant practices the medical doctor in surgery, so the patient life being risked. The national economy is managed by the unknowledge that is the disaster. The incumbent Vietnam Prime Minister Nguyễn Xuân Phúc who is in charge the national economy, but he couldn’t read the properly Vietnamese language (*), how could he manage Vietnam’s economy?
After Soviet-Union collapsed, Vietnam lined up with China leading, so Hanoi regime often followed the great master’s footstep. China applied the ugly economic pattern:” free market is led by socialism” and Vietnam followed. China joined WTO, Vietnam followed too. On the other hand, Vietnam is the untold colony or an unofficial province of China since Ho Chi Minh’s era, actually, Vietnam is the economic vassal of China. Therefore, the pauperization policy of communist regime plus the corruption those couldn’t improve the national economy, instead, Vietnam has fallen into the worst off despite Hanoi regime made the profits come from foreign sources. The debt increases that raise the worry of Vietnam communist regime while the government debt approximates 58 % GDP in a quarter of 2018, it predicts up to 62% in 2020.
Vietnam’s public debt was $USD 94 billion by 2015 and it increases when the national economy has been plunged and continuing to fall. The most dictatorial regime often deals with the difficult situation, the irresponsible and poor management kills the regime, it is the economic suicide or economic cancer.
During the US adjusts the fair tariffs, it is the war fighting against the global economic terror of China. Vietnam couldn’t escape the worst situation, it is the fate of China’s colony. Vietnam’s stock market has started to fall, the worst signal aggravates economic cancer in a communist paradise. On May 22, 2018, Vietnam’s Index lost that following 257 others lost, Vietnam wiped out $USD 15 billion.
There are just 30 days after the big loss, once again, on June 21, 2018, in Ho Chi Minh Stock Exchange (HoSE), Vietnam Index plunged 14.8 points that affected 167 million shares are worth more than $USD 202. 19 million. The government company’s share as BVH & GAS tumbled from 5,600 Dong VN to 2,600 Dong VN, VIC And SAB lost 2,000 Dong VN/ share while Vietnamese currency is Dong daily loses the valuation then government printing more money, the currency risks and adding the worst situation. In Vietnam, the people could store the toilet paper that is better than keeping Dong because toilet paper increases the price.
The continuous loss raises the nervousness of Vietnamese investors, the most wealthy shareholders are Vietnam communist members and high profiles, so the index loss affects Vietnam communist party than the major population.
Vietnam benchmark index has lost more than $USD 20 billion in valuation since April 9, 2018. The foreign investors could learn the uncertain marketing in Vietnam, it is the time to get out as soon as possible if they don’t want to see the worst situation is going to come.
Nowadays, Vietnam government lacks the foreign currencies (USD and Euro) for the debt and interest’s repayment, nevertheless, the Vietnamese overseas decrease the cash-fuelled to Vietnam. So Vietnam communist regime intends to rob 500 tons of gold from Vietnamese people (jewelry) but this plan faces the strong reaction. Vietnam communist regime encourages the people, actually Vietnam overseas deposit the US dollar or Euro into government banks with the high interest, therefore, the customers couldn’t withdraw the foreign currencies, instead, Vietnam currency is Dong replaces. It is the robbery’s policy of Vietnam communist regime.
Hanoi regime obeys the decree of China and also reducing the debt, they intend to give away the territories are Vân Đồn, Bắc Vân Phong, and Phú Quốc for China in 99 years and China will build the Special Economic Zones. It matches one belt and one road of China’s hegemonic strategy and the Special Economic Zones will become the places for China product packed in Vietnam then export, Beijing prepares to cheat the world, actually responds the US. The real face of treason has faced Vietnamese people protest nationwide, Vietnam communist regime oppresses by police, public security guard, and the other tools. The situation is not over yet when the most Vietnamese people recognize Vietnam communist party is the actual hand of China./.
Notes (*): Australia is the same circumstance, under the rule of Labor government from 2007 to 2013, the national economy managed by Treasurer Wayne Swan and Finance Minister Penny Wong. Unfortunately, both didn’t understand the basic economic lesson. Every time, Reserve Bank of Australia cut the rate, they were happy and believed the economic growth, indeed, it was declined, so within 6 years, Labor spent $AUD 42 billion surpluses left over by John Howard and the deficit has increased, nowadays, Australian debt is up to a trillion dollars. Vietnam and Australia (under Labor) cause the debt because of the poor management and illiterate economic knowledge.