A stable social system
The simplest answer to why should choose Vietnam market among the many emerging countrys is the stability of the Vietnamese social system.
1) Socialist group management system
Vietnam is headed by a member of the Big 4 and 12 political circles including the party secretary, the country's president, the prime minister, and the speaker of the National Assembly
Vietnam has a group communist leadership system. It is not a single person who wields absolute power, but a system in which major decisions are made by the collective system. So the business that the country is going on is continuity and the direction of the country does not change overnight by one power.
It is also very stable because the strong military and police maintain social order under the strong centralized control system. Unlike other emerging countries, the security of Vietnam is very safe and the accident does not occur even if the woman alone goes to the road at night.
2) Countries without conflicts of religion
In Vietnam, there are various religions, from Catholics to Hindus to Muslims, based on the civil faith, which is basically Taoism + Buddhism.
Vietnam, unlike China, is a flexible country and recognizes freedom of religion despite being a socialist state. Nonetheless, 70% of Vietnam's population is religion-free, believes in ancestral or traditional beliefs, and Catholic and Buddhist believers do not conflict. Basically, it is strong to pray for the well-being and health of the family because of the belief in the couch. There are other Muslims and Hindus, but there is no conflict.
3) Vietnam does not have the influence of ethnic Chinese and has no ethnic conflicts.
Although Vietnam is a country of 54 tribes, 89% of the population is Vietnamese (Viet), so there are few absolute ethnic groups. Unlike other Southeast Asian countries where ethnic Chinese have an absolute position, there is almost no influence of the ethnic Chinese on the other hand, and the number is only 1%.
When Ho Chi Minh, the hero of Vietnam, declares independence, two out of four people who set up the flag of the country are so strong that they are a minority, and there is no great discrimination against them as a minority.
4) How about other emerging country?
In emerging markets, as like Nigeria, Myanmar, and the Philippines, it is often the case that independence movements arise from conflicts between religions and racial, or even violent conflicts arise. The most vulnerable of emerging markets is not in Vietnam.
In addition, there is no conflict between ethnic Chinese as like Southeast Asian countries because they do not have the influence of the ethnic Chinese who hold strong power. In Vietnam, everyone is confident that they can study hard and have good business items to succee.
In Malaysia, they are the lower classes of Malay people and all the main consumption is done by the Chinese. In recent years, low-wage workers in Pakistan and Sri Lanka have become the lowest-paid workers, and an unstable social system has been maintained.
In Philippine, Although many people have strong convictions about the Philippine market, it is almost impossible for the Philippines to succeed. The history of the Philippines began with the Spanish colonial occupation in 1565. There is no history of the former Aboriginal people. As we learn about the heroes of the past, like our country or Vietnam, there is no point in that we can be as good as before.
Moreover, the seventeen families, which account for more than 50% of the Philippine nationality, have been living in their own countries since the Spanish colonial period and have been the president of the Philippines in turn, forming the bellwether. In addition, the Philippines is a place where a central investigator who came to investigate the corruption of the provincial governor is shot and shot, but nothing happens because he is forming a nation in association with the local autonomous provinces. In the case of local governor or mayor election, it is common for domestic indigenous families in the rivalry to kill or terrorize in the market.
The history of the Philippines itself is a history of independence from Spain and the war, in spite of the fact that several families were asked to be recognized as a Spanish noble during the Spanish colonial period and rejected. It is made by the identity of the ruling classes, not the independence made by the people 's aspirations. In addition, the economy is gripped by the Chinese, and the people are living in the shanty towns in the gap between the rich and the poor.
In Indonesia, Indonesia has a population of 240 million, and its underground resources are abundant. It is true, however, that more than 40% of the population is still not getting enough electricity and water supplies.
In Indonesia, however, there is a strong perception that it is not economically successful unless it is an ethnic Chinese. In Indonesia, the economy is still dominated by Chinese. For this reason, the 1998 anti-Chinese riot demonstrations, in which many Chinese were brutally murdered, are at any time inevitable. In addition, the threat of terrorism caused by constant conflict with anti-government forces ...
Recently, Indonesia is rapidly growing and the social system is stabilizing. However, 20 years ago, because of the memory, the Chinese in Indonesia are not able to conceal their anxiety from one side of mind.
The most obvious of the many reasons Vietnam is a promising country is the stability of this system.