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How backward is the Vietnamese economy? Why do many Vietnamese like to sneak into other countries?
In terms of life in Vietnam now, many people have several suites, and some people don't have a house. It is as difficult for Vietnamese to buy a house as it is in China. The average middle class can buy rough houses, but for some areas in Vietnam, the house prices are still very high. Even wealthy families still need some time and money. Vietnamese young people like living in Hanoi and Ho Chi Minh City, just as we like living in the north, Guangzhou and Shenzhen.
At present, Vietnam's overall economy is still in a relatively backward position, and people's living standards are still at the poverty line. Families earning more than $20,000 a year are wealthy. Although it seems that the threshold is very low, there are only 250,000 people in Vietnam who can reach the level of wealth at present, and the number of wealthy people and the middle class is growing rapidly. It is estimated that the number of rich people in Vietnam will reach 530,000 in 2020.
Vietnam's economy is showing signs of taking off now, but there are great problems in their development. There is still a big problem behind Vietnam's seemingly prosperous economic phenomenon, and the single economy is a very big problem. Vietnam began to open to the outside world, and it was able to absorb foreign ways and means, and the flow of capital was different from that envisaged by the government. Therefore, Vietnam is currently trying to balance the independence of monetary policy and the complete flow of capital. However, this is precisely the biggest weakness of Vietnam's economy.
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