A potential market!An unexpected Vietnam!Not just the stock market

2022-07-21 0 By

Guo defeated Vietnam A few days ago, let A person sigh with emotion whether these people can fight for tone of voice, even A host said: don’t laugh at zu ball, in fact, our big A and Vietnam’s stock market, is worse.This led me to investigate the Vietnamese market.The A-share market, which has no backbone, plunged in January, but Vietnam s stock market is almost the opposite of Korea s.With the exception of 2020, when the epidemic began to have a slump, the trend of the other times almost matched the Dow Jones Index, out of a complete trend.But to be honest, Vietnam, as a “small country” in our neighborhood, is also developing gradually.I used to think people were poor, and the most popular news I saw was going to Vietnam to “buy a wife”.In fact, Vietnam in recent years, is also gradually developing.It could even be India that developed 20 years ago!Take manufacturing in Vietnam, for example: Goeracoustics produced some AirPods in Vietnam, which will expand in 2019. Vietnam accounted for about 30% of Apple’s AirPods production in the same period, and it is expected to increase gradually over time.Almost all the Taiwanese pensets and motherboards are moving to Vietnam, including the famous Inventec, Compal and so on.Foxconn’s Factory in Beijiang province, which produces some macBooks and ipads, will start construction in 2021 and aim to produce 8m units a year.The entire upstream and downstream industrial chain of Samsung Group is distributed in Vietnam, including RESEARCH and development center, mobile phone, TV, air conditioner, refrigerator, washing machine, chip capacitor, etc., and the revenue of Samsung Vietnam in 2021 reached $74.2 billion.In renminbi, it’s about 470 billion yuan.If you think about the whole A stock market, how many companies make $400 billion A year?According to information released by Vietnam’s National Bureau of Statistics, Vietnam’s economy grew 2.58% in real terms in 2021, with a nominal GDP of 8398.606 trillion VND, equivalent to 362.619 billion US dollars.The population is around 98.5 million, with a per capita GDP of about $3,700.According to data released by the National Bureau of Statistics, China’s per capita GDP in 2021 was 80,976 yuan, about 12,551 US dollars.In this way, we have so many people, and our per capita GDP is more than three times their own, less than half that of our neighbors in Guangxi.Not bad for a country that officially ended its war with Vietnam in 1990 and has been developing for just over 30 years.Back in 2008, our GDP per capita was only about $3,800.Compared with China a few decades ago, Vietnam at this time can also enjoy the “demographic dividend”.In the previous development process, many developed countries would choose to build factories in our mainland, largely because our labor force is cheap.In the United States, it may cost 10,000 RMB a month to recruit workers, but in China, 3,000 RMB can get a lot of workers.That’s why we’re where we are now, but when we’re no longer “cheap” or “more expensive” than we were before, capital flows into places where costs are lower or cheaper than ours.That was the case in India a few decades ago and Vietnam now.I believe you have heard such a story: some foreigners came to China to spend money when our exchange rate was 8:1, that is, 1 million DOLLARS can be exchanged for 8 million RMB. After spending 2 million RMB a few years, they found that the exchange rate had become 6:1, that is, 6 million RMB can be exchanged for 1 million DOLLARS.So this guy changes his money into $1 million, brings in $100, takes back $1 million, and gets to eat for free.If nothing else, this person is a “winner in life.”As with India, Vietnam is a good place to pull up your wool.For example, Alibaba did not expand its own brand “Alipay” into the Indian market, but chose to support its local “Alipay” — Paytm.Because India was a developing country at that time, if we wanted to let our people know about local customs and habits, it would cost a lot of time and manpower. It was better to support local enterprises than to grab the market by ourselves.Therefore, In 2014, Ma Was very optimistic about the prospect of mobile payment in India and the huge demographic dividend, so he began to invest in The Indian version of Alipay — Paytm.Until November 18, 2021, Paytm, India’s largest electronic wallet, was successfully listed on the Bombay Stock Exchange, raising a total of 18.3 billion Indian rupees (15.647 billion yuan), setting the record of the largest IPO in The history of India.As of March 2021, Paytm had 333 million registered users and 21 million merchants, accounting for half of India’s nearly 700 million Internet users.Don’t forget, ant group still owns 25% of Paytm after the ipo and remains the largest shareholder.This may be a business opportunity.There is also a wave of wealth creation opportunities in Vietnam today, which may benefit many people, but only time will tell!