Why Trump's China Tariff's are making Vietnam Insanely Rich

[dinhphu]

As a vietnamese i can say "insanely rich" is just an exaggeration. Our goal is to become a developed country by 2045.

[emilieratsimeuang]

It doesn't make Vietnamese people "insanely rich." It made those rich investors INSANELY RICHER!!

[ConCacDuMe]

Then Trump hit Vietnam with a 46% tariff as of today.

[hunghehe]

Vietnam's GDP per capita is about $4, 900, ranked 120th in the world, and Vietnam is still a developing country. Absolutely not "insanely rich".

[yeet]

Not gonna lie, seeing a small nation that just straight up ended their war in 1979 and then ended embargo in 1994, it shocked me on how fast they can grow, 34 years to stand back up on their foots and non-stop growing

[lynnnguyen]

“Insanely rich” is kinda misleading here. Not something an average Vietnamese feels day to day 😂

[thetreekeeper]

I like how you describe Vietnamese government as "a single party state" but not as an authoritarian/ dictatorship.

[lly]

These video are great the data visualisation is top notch! I was in Vietnam 7 years ago and then again a few months ago and the country and skyline has completely transformed in that time. I am now planning to move there soon from the UK. Thanks

[ilovephotography]

Based upon the people who I know who were born in Viet Nam, the people are very hard working and very ambitious.

[LuckyB.C]

You chose not to buy anything made in China, then turned to Vietnamese-made products. But now with the 46% tariff on imports from Vietnam, you find yourself looking back at China again. That’s the cycle.

Meanwhile, foreign companies manufacture clothes and tech in Vietnam, but the profits? They go to South Korea, Japan, and other nations. Vietnam provides the cheap assembly labor, but ownership and earnings return to the home countries.

So, if American workers want to be paid $200–$300 per month with no childcare support, then fine—maybe they’d fit into that system. But the reality is, for over 40 years, foreign-owned tech and services in Vietnam have been inaccessible to the very people who live there.

And let's talk about taxes—foreign companies in Vietnam don’t pay taxes for at least five years, and their employees are exempt from income taxes too. So if Americans think this is purely a Vietnamese problem, they’re mistaken.

Now, Vietnamese policies are shifting. Foreigners—especially Americans—will soon face the same 46% tariff. The playing field is changing.

[TheBuddhasaid-oy]

Vietnam is a small country, but the will of the people of this country is extremely strong. Even if the United States embargoes them... Vietnam will still rise up strongly to develop. The Vietnamese have a saying {Only with Food can one practice Religion} and Vietnam is one of the countries that maintains food security in the World. With an important geographical position in the World, what the United States should do is cooperate with Vietnam to develop together and benefit each other. That is also the debt of the War that the United States should pay.

[dan]

Update 3 April announcement: 46% reciprocal tariffs just removed all advantage.

[tnahvu]

Fantastic video—well-researched, insightful, and communicated with clarity, complemented by effective infographics. Subscribed.

As someone born in Vietnam but now living in the U.S., with frequent visits back over the past few decades, the transformation on the ground today has been astounding. It’s even made me seriously consider relocating there permanently—something that felt unimaginable just a few years ago, especially when I first arrived in the U.S. as a refugee from Vietnam.

Keep up the excellent work!

[AlexCDrone]

I have been in Vietnam, in Ha Noi, last september. I was astonish! The future looks very good for the vietnames people.

[Dnothnikt]

Vietnam getting rich.

nothing wrong here. lots of real competent engineers there.

[paulhoovdaddy]

Just visited Vietnam. Very impressive country. Infrastructure and streets are well-run and clean. Growing rapidly. They seem to be doing everything right.

EDIT: Relax people. I visited multiple towns/cities/villages and stand by my statement. I’m speaking in comparison to other developing countries like the Philippines. The villages/towns/cities I visited all had a pleasantly organized layout. There are so many small things they do that are admirable, like they only deal with raw meat that is super fresh so there are never flies in the outdoor markets, unlike the Philippines. I didn’t see trash on the street like I do in the Philippines - the streets are just overall nicer like I said. I found the thin multi floor buildings charming and efficient. Yes pollution is high but that’s from all the cars and construction because it’s growing so fast. Of course it’s not as developed as say, Japan, but there’s just something very impressive about Vietnam and the Vietnamese people that I guess I’m having trouble putting into words ha but they’re very smart, hard-working, friendly and passionate, and I strongly encourage everyone to go visit and experience it for yourself, even if just to check out where all the action is happening!

[timedone]

“Insanely rich” and then went on showing GDP/capita of $4200..

[ntuAaq]

only 2 thing in this video
because of the tariff
1. more foreign investment in Vietnam
2. Chinese products pretend to be Vietnam products by export to Vietnam first

[philly]

Im Vietnamese, and im happy for Vietnam, but i just hope they're not polluting Vietnam's already bad air and water

[MrPriceG]

Vietnam Is in progress of transition phase, hope a successful transformation! Love from MrPriceG