Business & Economics Perspective Blogger

Vietnam Youth Union It's been 80 years since Vietnam achieved its independence in 1945. Some time ago, I wrote about how Vietnam's Doi Moi actually disproves the Trust Me Bro School of Economics . I wasn't too accustomed to researching Vietnam's ironic economic miracle . Vietnam is a one-party state ruled by the Communist Party of Vietnam. The word Communism would evoke fear and terror. What I find funny is that some people are using Vietnam as an excuse not to open up the Philippine economy (read here ). Such stupid people think that Vietnam "won this revolution," supposedly self-industrialized from its own treasury before opening up to FDI. In short, some people either believe that (1) Vietnam is an example of how a highly protectionist economy works, or (2) that Vietnam made itself rich before opening to FDI. Both of them are lies. I'll focus on the second point for this new blog post!  Right now, some people can say that I'm just another marites (...

24h.com I wasn't planning on blogging today. However, I saw from my Facebook feeds, I found something in interesting on the ANC 24/7 Facebook page. This was what I found: I read the full story on the ABS-CBN website. One reason why I'm critical of ABS-CBN is how they're very anti-reform. They tend to treat the 1987 Constitution of the Philippines as if it's so holy and pure, as if not one provision   of it must be amended! Oftentimes, Atty. Hilario G. Davide Jr. and/or Atty. Christian Monsod, are frequently featured when it comes to the welfare of the Philippines. Now, I'd like to share an excerpt from the ABS-CBN website, which makes me cringe.  Balisacan replied that the pandemic caused a bigger contraction in the Philippine economy compared to Vietnam .  “First, Vietnam over the last decade has been growing faster than the Philippines. Second, during the 2020 pandemic, our economy contracted by almost 10 percent. Whereas Vietnam contracted only a little. That pa...

Vietnam National University It's crazy how people don't realize the bigger picture between Communist Vietnam and the democratic Philippines (read here ). It's really crazy how Senator Joseph Victor Gomez Ejercito apparently thinks that delayed proceedings to Vice President Sara Duterte-Carpio's impeachment trial could scare away FDIs. Meanwhile, Atty. Renee Louise Co of Kabataan Partylist could talk about economics, all the while Kabataan Partylist is still against open FDI. It's amazing how Raoul Abellar Manuel, a cumlaude in applied mathematics, still believes in #SahodItaasPresyoIbaba economics! Meanwhile, the biggest picture is that Communist Vietnam , while it's under a One-Party State of the Communist Party of Vietnam, is has the better picture of how to invite FDIs. In fact, the Constitution of Vietnam  is rather silent on economic restrictions . The CPV chooses to impose economic restrictions through legislation rather than enshrining them in its Constit...

Foreign Trade University A few days ago, I wrote about Kabataan Partylist needing to learn economics from the Ho Chi Minh Communist Youth Union . Otherwise, I'll continue using the Vietnam Youth Union for convenience. Speaking of which, the Foreign Trade University in Vietnam is actually a government-owned university (read here ). For this post, I decided to expand on a point, saying that Kabataan Partylist needs to learn from the Vietnam Youth Union on entrepreneurship . I pretty get jealous of the Vietnam Youth Union members with their practical early immersion.  The  National Defence Journal   of Vietnam gives out this important detail of the Vietnam Youth Union:  Fifth, enhancing the support of young intellectuals to get access to opportunities of work, research, develop ideas, products, and start-up to legitimately enrich themselves, the community and the country. Support the implementation of startup ideas and projects of young intellectuals in practice, making...

Vietnam National University, Hanoi Kabataan Partylist, is that you? No, it's actually the Ho Chi Minh Communist Youth Union (Đoàn Thanh niên Cộng sản Hồ Chí Minh), or alternatively, it can be called the Vietnam Youth Union . The color blue may remind some of Kabataan Partylist. Both Kabataan Partylist and the Vietnam Youth Union are involved with recruiting youths into the organization. However, there's a crucial difference between Kabataan Partylist and the Youth Union in how they view economics. The  Kabataan Partylist Laguna's blog  even writes this: It believes that the Philippines, as a semi-colonial and semi-feudal country, is plagued by a system which allows foreign and big business interests to dominate, while the majority of our countrymen are left poor and hungry . We are living in a society where foreign subservience, peasant landlessness, and rampant corruption are the top three ills. To that end, Kabataan Party-list strives to galvanize the Filipino youth in u...