What is the reason for Vietnam’s low consumption level?

It depends on who is in Vietnam.

1. Vietnamese government officials and their relatives and children, successful overseas Vietnamese businessmen, belong to the wealthy class in Vietnam. They live in villas, drive good cars and pay for rent. Their living standards are comparable to those in Europe and the United States. Senior officials have very good The welfare is very similar to that in China, but there is a huge gap between the rich and the poor.

2. Vietnam’s middle class is far behind China’s, with an income equivalent to only RMB 3,000 a month. Ho Chi Minh City’s consumption level is equivalent to China’s second-tier cities, and housing prices are basically comparable to Guangzhou. .

3. The urban poor and rural residents in Vietnam can barely meet the subsistence level. The first group of Vietnamese individual businessmen who did border trade with China have become rich.

When I went to Hanoi, I saw a lot of slums, and there were also a lot of beggars. I felt that Chinese people did not feel safe when traveling there, so they should not walk around at night. The poor beggars in Vietnam looked at the Chinese people strangely, which was very disturbing. I felt like I was being targeted by robbers------------- personal feelings.