Why US invest $ 1.2 billion, the largest expense in history to build a new embassy in Vietnam?

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
Google trans

-----------
https://**********/pdf/attachments/photo1630038770461-1630038771095162348939-jpg.773682/


The US Embassy complex to be built in Vietnam has an investment capital of up to $1.2 billion, nearly $500 million more than the largest US embassy in the world. Ambassador Pham Quang Vinh gave three important reasons for the US to build a new embassy on a large scale in Vietnam.
August 27, 2021

Currently, the largest US embassy in the world is located in the Iraqi capital Baghdad. Located on 42 hectares of land, this is also the largest embassy in the world, and about five times larger than the US embassy in Yerevan, which is the second largest US diplomatic facility abroad. The embassy complex in Baghdad cost up to $750 million to build.

The second largest US embassy in the world is in the Armenian capital Yerevan. Completed in 2005, this project is located on an area of nearly 90,000 m2. The third largest US embassy in the world is in Beijing, China. The 8-storey building is located on 46,000 m2, with a total cost of 434 million USD.

Especially, the US embassy built in London, England also cost only 1 billion USD to build, this is currently the most expensive US embassy ever built in the world.

It can be seen that, with a construction investment of up to 1.2 billion USD, the US embassy built in Vietnam will become the most expensive embassy in the world, 200 million USD larger than the UK court, more than 500 USD. million USD compared to the whole in Baghdad, especially worth nearly 3 times more than the US embassy in China.

Why did the US invest in building the most valuable embassy in Vietnam?

Speaking about the relationship between the two sides, US Vice President Kamala said that Southeast Asia in general and Vietnam in particular are of special importance and significance for the US. The fact that the US has signed a land lease agreement to build a new embassy in Hanoi for up to 99 years is evidence of the US's long-term commitment to the cooperative relationship with Vietnam.

In addition, deciphering the investment in building an embassy worth 1.2 billion USD in Vietnam, Ambassador Pham Quang Vinh - Former Deputy Minister of Foreign Affairs, former Ambassador Extraordinary and Plenipotentiary of Vietnam to the US, said, when a country decides to invest in building an embassy, it is not just a building. The embassy demonstrates how important Vietnam is to America's cooperation with the region and with Vietnam. "It must be enough for the relationship between the two countries and the regional position for the US to decide on foreign policy priorities and make big investments here," Vinh commented.

According to Forbes, recently, the trade partner with the fastest growing bilateral turnover with the US is Vietnam. Bilateral turnover in the first 6 months of 2021 between Vietnam and the US increased by more than 50% over the same period in 2019. Vietnam's trade surplus to the US in the first 6 months of the year ranked third after China and Mexico.


According to a report by the Ministry of Industry and Trade of Vietnam, in the first 6 months of 2021, the US is Vietnam's largest export market with a total value of nearly 45.1 billion USD. This has proved the importance of Vietnam in the US trade promotion strategy.

In particular, Ambassador Pham Quang Vinh also pointed out three reasons why the US built the most valuable embassy compared to the US embassies that have been built in the world.

"First of all, the relationship between the two countries, both bilaterally and regionally, proves that the US needs to have an apparatus, including a larger building, enough to carry out the more important task because the momentum the two countries have created.

Secondly, it is definitely necessary to commit to a long-term cooperation with Vietnam, as well as the region, to have this event.

Third, this is a story of cooperation to remove procedural difficulties, "reciprocity" and mutual advantages between the two countries", said the former Ambassador Extraordinary and Plenipotentiary of Vietnam to the US.

According to Ms. Kamala Harris, the 99-year term for the Embassy represents a long-term commitment. Mr. Pham Quang Vinh commented: "There will probably be many more 99 years, I believe so".

 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
USA does not builds embassies. it builds regional CIA headquarters.
They lost in VN war in 1975 , bro. CIA was deceived by VN's spies.

US wanna replace China by Vietnam in manufacturing hub now, new embassy is a promise to help VN become new manufacturing hub .

India investors can come and seek for business opportunities from VN, too
 

Bhairav

Regular Member
Joined
Sep 17, 2020
Messages
681
Likes
2,825
Country flag
They lost in VN war in 1975 , bro. CIA was deceived by VN's spies.

US wanna replace China by Vietnam in manufacturing hub now, new embassy is a promise to help VN become new manufacturing hub .
Bro I am not saying that it is going to be used against Vietnam. Let the bygones be bygones. We have a common enemy now. and trust me or not, US operates Spy networks through its embassies in every country, be it its enemies or friendly countries. and yeah Vietnam+India+Indonesia+Taiwan will replace China.
 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
Bro I am not saying that it is going to be used against Vietnam. Let the bygones be bygones. We have a common enemy now. and trust me or not, US operates Spy networks through its embassies in every country, be it its enemies or friendly countries. and yeah Vietnam+India+Indonesia+Taiwan will replace China.
US operates Spy networks through its embassies, then we also operates Spy networks through our embassies, thats tit for tat, bro.
 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
New embassy will help improving the relationships between Vietnam and USA. VN expect US president will visit VN soon.

Google trans
------------
Full text of US 'strategy' on Kamala Harris' Hanoi visit
August 25, 2021
Kamala Harris hopes to strengthen U.S. relationships with regional partners, Singapore and Vietnam

Kamala Harris hopes to strengthen U.S. relationships with regional partners, Singapore and Vietnam

On August 25, while US Vice President Kamala Harris was in Hanoi, the White House website published a document titled Enhancing the Vietnam - US Comprehensive Partnership.

48 hours of Kamala Harris in Hanoi: Short-lived but lasting impact

This document reveals the announcements and exchange contents of Ms. Kamala Harris in Vietnam, and at the same time expresses the strategic vision of the US on relations with Vietnam.

Below is a translation of the full text, by BBC News Vietnamese:

Last year, the United States and Vietnam celebrated the 25th anniversary of the establishment of diplomatic relations. Over the past few decades, our bilateral relationship has made significant strides, allowing us to now cooperate on many issues, including combating the Covid-19 pandemic and preparing for health security threats in the region. future, climate change, and addressing the common legacies of war.

We have deepened our economic relationship as Vietnam's second largest trading partner and top export market, and mutual support is working together. : a vibrant Vietnamese economy is vital to the supply chains Americans depend on, a point that Covid-19 has highlighted as the shutdown of production abroad has led to difficulty in domestic freight.

Our security relationship has expanded significantly as we support Vietnam's independence and sovereignty, especially in the maritime domain. The United States and Vietnam have also enhanced capacity to prevent, detect, and respond to infectious disease threats through a partnership in the Global Health Security Program. The already strong and growing partnership between the two nations has helped nearly 30,000 Vietnamese study in the United States, contributed nearly $1 billion to the U.S. economy, and recently opened a new job. Peace Corps office in Hanoi.

The Vice President's visit to Vietnam demonstrates the deep commitment of the United States not only to the region, but also to the US-Vietnam relationship. In bilateral meetings with Vietnamese leaders, Vice President Harris reaffirmed the United States' commitment to a strong, prosperous, and independent Vietnam, as well as an Indo-Pacific region. Yang is free, open, healthy and resilient.
 

ezsasa

Designated Cynic
Mod
Joined
Jul 12, 2014
Messages
21,301
Likes
84,487
Country flag
New embassy will help improving the relationships between Vietnam and USA. VN expect US president will visit VN soon.

Google trans
------------
Full text of US 'strategy' on Kamala Harris' Hanoi visit
August 25, 2021
Kamala Harris hopes to strengthen U.S. relationships with regional partners, Singapore and Vietnam

Kamala Harris hopes to strengthen U.S. relationships with regional partners, Singapore and Vietnam

On August 25, while US Vice President Kamala Harris was in Hanoi, the White House website published a document titled Enhancing the Vietnam - US Comprehensive Partnership.

48 hours of Kamala Harris in Hanoi: Short-lived but lasting impact

This document reveals the announcements and exchange contents of Ms. Kamala Harris in Vietnam, and at the same time expresses the strategic vision of the US on relations with Vietnam.

Below is a translation of the full text, by BBC News Vietnamese:

Last year, the United States and Vietnam celebrated the 25th anniversary of the establishment of diplomatic relations. Over the past few decades, our bilateral relationship has made significant strides, allowing us to now cooperate on many issues, including combating the Covid-19 pandemic and preparing for health security threats in the region. future, climate change, and addressing the common legacies of war.

We have deepened our economic relationship as Vietnam's second largest trading partner and top export market, and mutual support is working together. : a vibrant Vietnamese economy is vital to the supply chains Americans depend on, a point that Covid-19 has highlighted as the shutdown of production abroad has led to difficulty in domestic freight.

Our security relationship has expanded significantly as we support Vietnam's independence and sovereignty, especially in the maritime domain. The United States and Vietnam have also enhanced capacity to prevent, detect, and respond to infectious disease threats through a partnership in the Global Health Security Program. The already strong and growing partnership between the two nations has helped nearly 30,000 Vietnamese study in the United States, contributed nearly $1 billion to the U.S. economy, and recently opened a new job. Peace Corps office in Hanoi.

The Vice President's visit to Vietnam demonstrates the deep commitment of the United States not only to the region, but also to the US-Vietnam relationship. In bilateral meetings with Vietnamese leaders, Vice President Harris reaffirmed the United States' commitment to a strong, prosperous, and independent Vietnam, as well as an Indo-Pacific region. Yang is free, open, healthy and resilient.
how many acres is this thing?

For reference, India’s new parliament building construction cost is 120 million $.
 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
Some pics abt the plot for new US embassy.

The plot has 4 fronts, full view of Cau Giay Park According to information from the Ministry of Foreign Affairs, yesterday, during the visit of US Vice President Kamala Harris to our country, the Hanoi People's Committee signed a land lease contract with the US Embassy to build a new headquarters in Cau Giay District.

The plot of land the US Embassy rented to build the headquarters has 4 fronts. In which, one side is adjacent to Pham Van Bach street opposite the headquarters of the Central Institute of Hematology and Blood Transfusion and the Supreme People's Procuracy; one side is adjacent to Cau Giay Park, only one road away; The other two sides have large roads covered with asphalt, and sidewalks with trees.


https://**********/pdf/attachments/1630157054092-png.773754/




Cận cảnh khu đất 3,2 ha xây dựng công trình Đại sứ quán Mỹ tại Hà Nội - ảnh 5


Cận cảnh khu đất 3,2 ha xây dựng công trình Đại sứ quán Mỹ tại Hà Nội - ảnh 6




Cận cảnh khu đất 3,2 ha xây dựng công trình Đại sứ quán Mỹ tại Hà Nội - ảnh 7
 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
I will continue the Full text of US 'strategy' on Kamala Harris' Hanoi visit

COVID-19 and Health Security:

The Vice President reinforces the United States' commitment to leading the world in ending the COVID-19 pandemic. She announced the funding of a new COVID-19 vaccine for Vietnam, important support for vaccine distribution, and the opening of a new regional CDC office to strengthen health security cooperation.

Vaccine funding: Recognizing the severe damage COVID-19 has caused to both countries and the Biden-Harris Administration's efforts to serve as a vaccine depot for the world, the Vice President announced that the United States of America sponsoring an additional million doses of Pfizer to Vietnam, bringing our total number of vaccines for Vietnam to 6 million doses.

Technical and Programmatic Assistance on COVID-19: Through the American Rescue Plan Act (ARPA) and other emergency resources to date, USAID and CDC are assisting Vietnam in its response to COVID- 19 with an additional $23 million in assistance, bringing the total amount of assistance provided since the start of the pandemic to nearly $44 million. This support will promote equitable access and safe and effective delivery of a COVID-19 vaccine, strengthen Vietnam's health system to respond to COVID-19 and build capacity to detect and surveillance for COVID-19 and future disease threats. USAID also provided the Vietnam Red Cross with $1 million to reduce the impact and prevent the spread of COVID-19 in vulnerable communities.

Vaccine distribution support: The Department of Defense has committed to providing 77 ultra-low temperature vaccine freezers to support vaccine distribution efforts in all 63 provinces in Vietnam. These freezers are specifically designed to meet the harshest vaccine storage requirements, significantly enhancing Vietnam's national vaccine distribution network.

Emergency Operations: Through the Defense Threat Reduction agency, the United States has provided two Regional Public Health Emergency Operations Centers, currently operating 24/7 to collect and share information COVID-19 surveillance through the Ministry of Health.

New CDC Southeast Asia Office Launch: Vice President launched US Centers for Disease Control and Prevention (CDC) Southeast Asia Regional Office in Hanoi with the Deputy Prime Minister of Vietnam and Health Ministers from ASEAN and Papua New Guinea. The CDC Office will promote global health security by maintaining a sustainable presence in the region, enabling a rapid and effective response to health threats — whenever they occur. — and reinforces CDC's core mission of protecting Americans.

The Vice President and Vietnamese government and civil society leaders agreed on the importance of responding to the climate crisis, strengthening resilience and working together towards a clean energy future.

Leveraging the Private Sector in Climate Action: USAID and the Vietnam Chamber of Commerce and Industry (VCCI) signed a Memorandum of Understanding (MOU) to enhance Vietnam's competitiveness and expand opportunities. market for U.S. companies and strengthen Vietnam's environmental policy. This MOU with VCCI will help VCCI improve its focus on sustainability, green technology and climate change. USAID also intends to assist VCCI in developing a Green Index to help US businesses select provinces that are investing in green activities.

Clean Energy and Electric Vehicle Expansion: The U.S. government announced the Vietnam Low Emissions Energy Program II (V-LEEP II), a five-year, $36 million USAID project to accelerate the process. Vietnam's transition to a clean, safe and market-oriented energy system. The project will work to improve government energy planning, increase competition to encourage U.S. private sector participation in energy service delivery, and strengthen the clean energy system. The project will help Vietnam expand the application of electric motorcycles and implement the Direct Power Purchase Agreement (DPPA) mechanism that allows businesses to buy electricity directly from private companies producing renewable energy. create.


Protecting the Mekong Delta: Through USAID, the U.S. government launched the Mekong Coastal Habitat Conservation Project, a new three-year, $2.9 million project with the International Union for Conservation of Nature (IUCN). This project aims to protect key coastal habitats in the Mekong Delta region for sustainable fisheries, climate change adaptation and biodiversity conservation.

Accelerating Climate-Essential Agriculture: The United States welcomes Vietnam to the Agriculture Innovation Mission for Climate (AIM4C), an initiative announced at President Biden's Climate Summit and will be officially launched at COP-26 in November 2021.

Market Access and Development Support:
The Vice President highlighted the efforts of the Biden-Harris Administration to promote economic growth and opportunity.

Promoting women-owned and minority-owned businesses: The U.S. Government announced the Improving Private Sector Competitiveness (IPSC) project, a flagship effort of USAID $36 million to develop women-owned and minority-owned businesses and promote job growth in rural areas through the adoption of new American technology.

Supporting Vietnam's transition to a digital economy: The U.S. Government announced the Workforce for the Startup and Innovation Ecosystem (WISE), a USAID project offering up to $2 million to support Vietnam's efforts to transition from a low-skilled, labor-intensive economy to a workforce better equipped to participate in the global digital economy. Building Vietnam's digital skills will increase trade opportunities between the United States and Vietnam and will promote U.S. technologies.

Reduced tariffs on US exports: US farmers and pork producers will have greater access to the Vietnamese market - the seventh largest market for US agricultural exports - due to Vietnam actively considers our proposal to eliminate or reduce import duties under the MFN preferential scheme for corn, wheat and pork products. This tariff reduction allows U.S. farmers to supply Vietnam with quality products at competitive prices and helps reduce the U.S. trade deficit with Vietnam.

Human Rights and Civil Society:
The Biden-Harris administration is putting human rights at the heart of our foreign policy, and while in Vietnam, Vice President Harris emphasized the essential role civil society plays in global development.

Promoting civil society and grassroots policy advocacy: The United States supports Vietnam's civil society and supports freedom of expression, belief, and association in Vietnam — as pointed out by the Vice President in government meetings. In addition, she will hold a meeting on August 26 with representatives of grassroots advocacy groups, in which she will highlight the important role of civil society as a driver of sustainable development. stability and prosperity for all.

Addressing Legacy Issues of War:
The United States and Vietnam have overcome a difficult past to become reliable partners. Vice President Harris pledged to the leaders of the Government of Vietnam our determination to continue to address the issues of our shared war legacy.

Addressing Common War Legacys: The United States commits an additional $17.5 million to unexploded ordnance (UXO) survey and clearance, demonstrating our continued commitment to addressing these issues. war legacy. The State Department is committed to continuing large-scale demining and surveying projects, building the capacity of the national mine action center, and implementing risk education initiatives to save lives and create opportunities. economic association.

Supporting People with Disabilities: The U.S. Government, through USAID, announced two new awards for local Vietnamese organizations that support people with disabilities: Raise Voices, Create Opportunities II, and Embrace my hand II. These projects, with a total budget of approximately $4 million, will assist people with disabilities by improving their quality of life and promoting social inclusion. As one of our oldest war legacy initiatives, part of the Senator Leahy War Victims Fund since 1989, disability programming has long been a core element of our partnership. Bilateral.

Security Cooperation:
The United States supports Vietnam in enhancing its maritime security and law enforcement capabilities.

Security Partnership Commitment: The United States and Vietnam reaffirm their commitment to continue high-level security cooperation to support a strong, prosperous, and independent Vietnam, including humanitarian commitments such as the Thai Partnership. Binh Duong and visits by US ships, including aircraft carriers.

Strengthening Coast Guard Partnership: The Vice President discussed the deep relationship between the Vietnam Coast Guard and the United States, including being able to provide a second high-endurance patrol vessel. of the United States Coast Guard, subject to congressional review. This vessel will complement two other ships provided by the United States, a fleet of 24 patrol boats, bases, piers, law enforcement training and other joint operations aimed at strengthening Vietnam's capabilities in the region. contribution to maritime security in the South China Sea.

Expanding humanitarian and disaster response cooperation: The United States and Vietnam are committed to establishing a medical trauma exchange between the Vietnamese Army and the U.S. Department of Defense to expand disaster response capacity and humanitarian aid, and at the same time cooperate to promote patient care for Vietnamese soldiers, veterans and people.

 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
Invest in bilateral relations:
Vice President Harris and Vietnamese government leaders reaffirmed the strength of the Vietnam-U.S. Comprehensive Partnership, as demonstrated by the signing of a new U.S. Embassy building and the opening of the United States Peace Organization. Vietnamese vase.

Establishment of the Vietnam Peace Organization: The Vice President of Vietnam announced the establishment of the Vietnam Peace Organization, marking the end of 17 years of negotiations and opening a new era of opportunity for young Americans serving in the war. services abroad and promote people-to-people relations between our two countries. Peace Corps Vietnam will welcome Peace Corps Volunteers to launch in 2022.

Signing of New U.S. Embassy Complex: The Vice President will witness the signing of a lease agreement for the new U.S. Embassy Complex in Hanoi, to symbolize the future of relations between the United States and China. our work. The U.S. Embassy celebrated its 25th anniversary of normalization in 2020, and formalizing the lease allows us to look ahead to the next 25 years and beyond in terms of U.S. involvement. States in Vietnam.


Strengthening the International Rules for Peaceful Space Exploration:

The United States and Vietnam support efforts to ensure space operations are conducted responsibly and sustainably.

The United States and Vietnam recognize the growing importance of space in providing benefits to all of humanity, addressing climate challenges, and ensuring development on Earth. We also exchanged views on the Artemis Agreement during our visit and acknowledged the key role international cooperation plays in maintaining the outer space environment in order to maximize the benefits that space has to offer. In this regard, the United States and Vietnam are committed to a civil space dialogue, which will take place in the first quarter of 2022, to align our goals to ensure non-aircraft operations. conducted in a responsible and sustainable manner.

Higher Education Support:
Vice President Harris emphasized the United States' commitment to Vietnam's future and the enduring nature of the U.S.-Vietnam partnership.

Education Reform Partnership: USAID announced its Higher Education Reform Partnership, a five-year project offering up to $14.2 million to strengthen teaching, research, innovation, and governance. among the three largest national universities in Vietnam. With US universities and private sector partners, the project will support inclusive economic opportunities for nearly 150,000 Vietnamese students to support a strong, prosperous, and independent Vietnam. as an important partner of the United States.

End.
 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
New Headquarters US Embassy in Hanoi inspired by Ha Long Bay
LDO | August 25, 2021 | 18:23
Phó Tổng thống Mỹ Kamala Harris dự lễ ký thoả thuận thuê đất để xây dựng trụ sở mới của Đại sứ quán Mỹ tại Hà Nội, ngày 25.8. Ảnh: ĐSQ Mỹ

US Vice President Kamala Harris attends the signing ceremony of land lease agreement to build the new headquarters of the US Embassy in Hanoi, August 25. Photo: US Embassy

screenshot2021-08-26at44355pm_cvmq.png


On August 25, US Vice President Kamala Harris attended the signing ceremony of a land lease agreement to build the new headquarters of the US Embassy in Hanoi.

As a symbol of an important milestone in the diplomatic relationship between the US and Vietnam, the US Embassy complex - planned to be built in Hanoi - is a modern urban space embodying culture and vitality. of the city. The new embassy headquarters will ensure that the US diplomatic mission in Hanoi will be located in a position that can support and become a symbol of cooperation, friendship, and development for many years .

Located on a dynamic boulevard, this 3.2-hectare complex is nestled between the bustling city space and the peaceful Cau Giay park. The building's design is inspired by Ha Long Bay, and represents a forward-looking, dynamic, adaptive, and transparent approach to US foreign policy.

The landscape design of the embassy complex is inspired by the traditions of horticulture and rice production, such as the topography of the Mekong Delta and the Red River Delta, and has a connection to the capital's history. features of the area where the complex is located, which was originally a rice field in the early 2000s.

After the US and Vietnam normalized diplomatic relations in 1995, the Vietnamese Government committed to give the US a site to build the embassy complex in Hanoi. Continuing to build on the growing partnership between the two countries, the US and Vietnam reached an agreement on the current location for the new embassy headquarters in 2019.

Earlier this year, the Hanoi People's Committee approved the leasing of the site to the US and issued a decision to lease the land. The signing ceremony of the land lease agreement on August 25 is the result of these commitments between the two countries.

Currently, the process of site selection and planning has been completed, the project is in the design process to closely combine the elements of architecture, safety and scale requirements to create a space. working to ensure security, modernity and sustainability for agencies and employees of the US Government. The groundbreaking ceremony will take place at a suitable time in the future.

According to the US Embassy in Vietnam, the new embassy headquarters will be a testament to the pioneering of environmental sustainability and climate adaptability. The interior equipment will ensure health and energy savings through the use of sustainable materials with a high percentage of recycled materials, low carbon emissions and organic compounds. low volatile organic matter (VOC).

The Department of Overseas Operations (OBO) and the US Department of State are committed to meeting high environmental and sustainability standards in Hanoi and around the world, building on achievements in the field. this for many decades.

The budget to build the new headquarters of the US Embassy is 1.2 billion USD. Construction scale 39,000m2 on an area of 3.2 hectares. Washington D.C.-based EYP Architecture & Engineering Group is the architect, working with a diverse team of professionals to deliver cutting-edge engineering and design solutions.

A key goal of the design team was to incorporate design elements from both the US and Vietnam, including artwork by American, Vietnamese and Vietnamese-American artists. The design of the Embassy will become a solid symbol of the important relationship between the US and Vietnam.

 

Indx TechStyle

Kitty mod
Mod
Joined
Apr 29, 2015
Messages
14,990
Likes
35,681
Country flag
They lost in VN war in 1975 , bro. CIA was deceived by VN's spies.
Still US spies more than 190 countries in the world. Allies or adversaries don't matter.
They have plans for other Asian countries too once China has contained.
US wanna replace China by Vietnam in manufacturing hub now,
Vietnam can't replace China in overall manufacturing due to smaller size and technological limitations. VN can do in low end and electronics sector but not aerospace. It is absorbing a part of it.

For US, anyone who stands against China is their ally now.
new embassy is a promise to help VN become new manufacturing hub .
No. Embassy isn't a factory.
India investors can come and seek for business opportunities from VN, too
India is running into protectionist mode these days trying to reduce imports and manufacture everything which was built in China through local companies. It can't afford to outsource any kind of manufacturing abroad.

Over it, it's a race between India, Japan, Thailand, Malaysia and Vietnam to absorb manufacturing whatever is leaving China. So, they all will be more focused on absorbing that.
Vietnam trying for metals, weldables, basic electronics, Thailand and Malaysia trying for electronics and India trying for cars, electronics, trains, aerospace and heavy industries. Japan trying for everything.
 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
Still US spies more than 190 countries in the world. Allies or adversaries don't matter.
They have plans for other Asian countries too once China has contained.

Vietnam can't replace China in overall manufacturing due to smaller size and technological limitations. VN can do in low end and electronics sector but not aerospace. It is absorbing a part of it.

For US, anyone who stands against China is their ally now.

No. Embassy isn't a factory.
True, Embassy isn't a factory, but if US keep slapping tariff on all Chinese products export to US, then no surprise factories like Foxconn will keep leaving China to India and VN bcs US VP Kamala Harris promise VN will not suffer from US's tariff.

Just look at the charts, when those products got 25% tariff, then the investors will move those factories to VN and the rest of the world.

OG-FY850_Semico_4U_20210511151520.png


OG-FY852_Change_4U_20210511151610.png


OG-FY855_Change_4U_20210511152210.png

------------------
Reduced tariffs on US exports: US farmers and pork producers will have greater access to the Vietnamese market - the seventh largest market for US agricultural exports - due to Vietnam actively considers our proposal to eliminate or reduce import duties under the MFN preferential scheme for corn, wheat and pork products. This tariff reduction allows U.S. farmers to supply Vietnam with quality products at competitive prices and helps reduce the U.S. trade deficit with Vietnam.
India is running into protectionist mode these days trying to reduce imports and manufacture everything which was built in China through local companies. It can't afford to outsource any kind of manufacturing abroad.

Over it, it's a race between India, Japan, Thailand, Malaysia and Vietnam to absorb manufacturing whatever is leaving China. So, they all will be more focused on absorbing that.
Vietnam trying for metals, weldables, basic electronics, Thailand and Malaysia trying for electronics and India trying for cars, electronics, trains, aerospace and heavy industries. Japan trying for everything.
India can invest in pharma sector

India Hopes to Invest in US$ 500 Million Pharma Park in Vietnam

 

no smoking

Senior Member
Joined
Aug 14, 2009
Messages
4,484
Likes
1,236
Country flag
True, Embassy isn't a factory, but if US keep slapping tariff on all Chinese products export to US, then no surprise factories like Foxconn will keep leaving China to India and VN bcs US VP Kamala Harris promise VN will not suffer from US's tariff.

Just look at the charts, when those products got 25% tariff, then the investors will move those factories to VN and the rest of the world.
In the meantime, Vietnam imports from China is growing dramatically.

1630457258586.png
 

VivaVietnamm

Regular Member
Joined
Aug 30, 2021
Messages
130
Likes
581
Country flag
In the meantime, Vietnam imports from China is growing dramatically.

View attachment 107628
Yes, we still need raw material, part, components , machineries from China, but the factories like Foxconn, auto parts, EV car battery can move to Vietnam for assembling. Thats enough to make China lose million jobs plus Tax revenue.

-------------------------
“But what Trump is doing now is making everyone panic, especially the smaller firms,” Zhou added.

Companies are also fearful of growing hostility from local governments in China, should they announce their plans to relocate. Officials do not want to lose the tax revenue, nor the employment the factories bring to local communities.

 

Latest Replies

Global Defence

New threads

Articles

Top