Vietnam Defense and News forum

the army operates postal service: Viettel Post, a direct competitor to other private postal service providers. All sorting machines and level 4 robots are made by Viettel.
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all kinds of Viettel robots including delivery robot to house door
not too bad
Viettel has money and resources to invest in technology,
other private companies have tough time to keep up.
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Luring chinese gamblers, Vietnam property developer Sun group will begin with the construction of $2 billion casino and hotel complex at Quang Ninh in 2027.
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Front view of PTH152 howitzer with a machine gun more clearly visible
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Inside a monitoring army unit, friend-foe UAV detection
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iblini said:
since when and why the housing market are like that in Vietnam, that lady?
Click to expand...
Just like looking into the mirror, Vietnam property market is much like China property market 10-20 years ago, or in general like Vietnam economic development 10-20 years delay behind China.
 
Viet said:
Just like looking into the mirror, Vietnam property market is much like China property market 10-20 years ago, or in general like Vietnam economic development 10-20 years delay behind China.
Click to expand...
step into the same hole again?
 
iblini said:
step into the same hole again?
Click to expand...
very possible. the Vietnamese tend to copy everything from China, even mistakes. from my assessment, the housing purchases by my families in Vietnam, a crash is possible but not in short term.
interesting, when I ask OpenAI: “will vietnam housing market head to a crash like in china?”
I got this:

Short answer: a China-style crash looks unlikely in Vietnam, but parts of the market are still fragile and could see more stress.
Why Vietnam isn’t China (structurally):
  • Developers are generally less leveraged, and Vietnam bans some practices that amplified China’s bubble (e.g., very early off-plan pre-sales). A fund manager analysis comparing leverage and sales practices argues an “Evergrande-type” meltdown is unlikely under Vietnam’s rules.
  • Policy has eased bond pressures (e.g., Decree 08 allowed extensions/in-kind payments) and is being overhauled via new land/housing laws to improve transparency—imperfect, but supportive versus outright clampdowns.
 
The West is worried that Vietnam tungsten mines and refineries come under Chinese control. In military applications the mineral is used in armor piercing projectiles. But little reason to worry. Vietnam gov will never approve the sale.
Tungsten is illuminated with mineral light in a mine in Gangwon Province

Tungsten is illuminated with mineral light

Companies
  • Masan has flagged interest in selling tungsten complex, sources say
  • Its Nui Phao complex is a top supplier of the critical mineral outside China
  • Two Chinese firms interested in taking a stake in the business, source says
  • Western diplomats have visited the complex multiple times in recent months, sources say
The Nui Phao mine is one of the largest outside China. It produces almost all the roughly 3,400 metric tons estimated to be extracted annually from Vietnam, which last year was the world's second-biggest producer after China, according to the U.S. Geological Survey, a government agency.
 
Interesting to know the top 3 countries with most tungsten reserves are China, Australia and Vietnam. Tungsten carbide alloy Is the most suitable metal in anti tank rounds due to its exceptional hardness. Vietnam refineries processes most of Australia tungsten outputs.
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Vinfast electric V9
chopped, custom built as leading car in the military parade
it’s reported many taxis, auto leasing companies will gradually phase out japanese cars. they will use domestic cars instead.
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what a surprise
just 1 year after entering the Philippines, Vinfast captures 25% the country’s EV market.
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it’s always the case, internal conflicts between north and south factions, conservatives and reformers, pro west vs anti west factions, nothing new. but the new party chief To Lam appears to be part of the progressive faction which surprises the most.
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Elite Competition and Narrative Inconsistency in Vietnam’s Propaganda Apparatus | FULCRUM

This Long Read argues that Vietnam’s propaganda apparatus is increasingly shaped by internal tensions between two informal but influential elite coalitions. On one side are conservative actors embedded in the military and ideology apparatus, who prioritise ideological orthodoxy and regime...
fulcrum.sg fulcrum.sg
 
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