The Cold War followed up after Second World War ended, once again, the planet was facing a new threat of communist movement that is dangerous thuggery killed the people more than Hitler, and the victim of communist is up to 100 million people massacred. Despite the Global Communist Bloc proclaimed the unity between the so-called the socialist national brotherhood, therefore in the reality, the Bloc was fallen into the power challenge and separated two centers: Europe gathered under the Soviet Union led to the Easter Europe Communist Bloc and Asia led by China.
The Soviet Union was a global communist cradle, a first communist country founded on October 1917, but on December 1991, Soviet Union collapsed and disintegrated into 15 separate countries and also Eastern Europe Communist Bloc changed the political regime.
However, China is a hub of communism in Asia still remains with China leads Vietnam, Laos, North Korea, particularly there is only Cuba stands alone in the Caribbean Sea, in 2016 President Barrack Obama lift the sanction for his comrade, but President Donald Trump abolished.
Despite the half of Global Communist Bloc failed, but China is still leading the communist in Asia, it means the cold war is not over yet. Therefore the communist in Asia is contumacious, the communist countries gathered around China and finding out the way for survival. The cunning communist vestige has applied the tactic lizard changes skin. China, Vietnam, and Laos have pretended openly the iron curtain, but North Korea didn’t because Pyongyang regime became an official province of China, so master brings the beneficiary for the territory.
The communist’s survival that cheats the Western countries, actually the innocent leaders and the left party. China and Vietnam have applied an ugly economic pattern:” the free market is led by the socialism”. But the free market respects the private and competition, while the socialism is dictatorially economic management. Whatever, China and Vietnam quietly confessed the failure of Marxism-Leninist in the economic field, an essential materialism? Certainly, China and Vietnam couldn’t moderate between the free market and controlled economy, despite the Western countries invested, however, the risky market, corruption, and the uncertain politic situation awaken the foreigners after entering into the tricky kingdoms. A time of the Western people recognize the investment into the communist countries is like handle money to the bandit, actually money.
The currency is like blood in the body, but in Vietnam, a weak chain of Asia communist, it is facing the big problem the currency. The phenomenon of monetary firm signals the symptom of bankruptcy likely in 2001, Argentina had been facing the currency crisis, the Peso devalued and President Fernando de la Rua resigned on December 21, 2001. The money decides the national wealth or poverty, even the US after President Barrack Obama left the office he also left the debt is up to $USD 20 trillion for the country, so a poor country has the deep debt, the bankruptcy could happen anytime then following the government collapsed.
The currency presents the people rely on nationally monetary unit, but after Vietcong claimed an unpredictable victory on April 30, 1975, the communist party applied the robbery policy on its people with three times changing currency:-on September 9, 1975-on May 3, 1978, and on September 14, 1985, despite the robbery succeeded but it causes of the long term damage. The tyranny regime in Hanoi has never recovered the people trust on the Vietcong currency, it is the Đồng (Piastre) to be devalued, so after 3 times robberies, the Vietnam people including the communist party member distrust the Đồng with Hồ Chí Minh picture, the purchasing or bribery based on the Cây Vàng (1 cây vàng=37, 5 grams pure gold) and late, the foreign currencies become the precious money, actually US dollar is favorite. The Đồng valuation has been inflated as the rocket, so the Vietnamese compare storage the toilet paper is better than keeping the Đồng of Hồ Chí Minh.
The Đồng couldn’t save the valuation, although Vietcong regime used the Polymer Bank note since June 2001. Therefore, there were some officials related to the Reserve Bank of Australia corrupted with bribery, they have been investigated by the Australian police. Moreover, the Vietnam Polymer bank not being controlled by the Vietnam government, so they could print more amount as the demand and counterfeit spread that colludes with the member of communist party. The Đồng rubbished valuation, so it couldn’t exchange to the other currencies, the Vietnamese tourist has to find the US dollars, it is the big problem for the communist paradise in Vietnam.
The economy of Vietnam engages into the dilemma, the currency (Đồng) has no trust from its people and the world, so the investment in Vietnam is risky. The ugly economic pattern” the free market is led by socialism” failed badly, now Vietnam faces the deep foreign deficit is up to $USD 117 billion (World Bank warns on October 2016) the debt is more than 64% GDP. Nevertheless, a bad news for Vietcong, from July 2017, the ODA increases interest from 3% to 5%. The big trouble is the lacking of foreign currency while the Vietnam government does need to repay the interest, buying the petrol and the other international monetary expense. The so-called” Đổi Mới” (Innovation policy) just created more than 300 billionaires and millionaires, mostly the wealthy elements come from the central politic bureau but the people to be pauperized as before. Mostly the robbery assets to be deposited overseas, even the high Vietcong profiles have no trust their banking system, how could the Western people trust the banks of Vietnam?. The Vietcong Prime Ministers as Nguyễn Tấn Dũng, Nguyễn Xuân Phúc have the mansions in the US (the favorite place is California).
In Vietnam, the foreign monetary firms couldn’t make a profit while this country lacks the credit currency, but the Đồng is worth zero. Recently the Commonwealth Bank of Australia (government ownership), ANZ (among 4 biggest banks in Australia) and HSBC (one of 4 major banks of UK) are leaving Vietnam.
The running away of the foreign banks from Vietnam that is the worst situation for the vassal of China, certainly, Vietnam is a weak chain of the communist in Asia. Last year, three villain leaders of Vietnam Communist Party are Secretary General Nguyễn Phú Trọng, Prime Minister Nguyễn Xuân Phúc and government chairperson Trần Đại Quang planned to rob 500 tons of pure gold of Vietnam people, likely the changing currency before. But the conspiracy couldn’t carry out because the people could stand up against the regime. As the experience, in 1945 Hồ Chí Minh launched a week collective gold campaign, he gathered 3 tons of gold. Therefore, nowadays, Vietcong couldn’t convince the people to donate the gold because the Vietnam people knew Vietcong is a super gang. The foreign currency provided from the Vietnamese overseas being declined after President Donald Trump getting in the office, it raises more difficult for the Vietcong regime. The banks run away, the foreign investment will follow, so Vietnam economy could be faced the stroke anytime because of the lacking money.
Nowadays, the Vietnam situation being risked, the most banking in Vietnam link with the communist party. Some Banks cheat the customers, they encourage deposit the US dollars changing to Đồng (Vietnam currency) and limit or refuse the foreign currency withdrawal. The Vietnamese people have the bloody experience, they keep the US dollar and gold, avoid deposit into any banks of Vietnam. Do not listen to the communist talk, let’s watch they did, actually money is the favorite of the Karl Marx’s pupils, any investment with the communist regime has no safe. The circumstance of Australian billionaire James Packer who has been robbed $ USD 3.2 billion after poured money into Macau resort that is a sample.