If Vietnam is growing so fast as the Vietnamese say, then why do the Philippines and Indonesia have better malls?

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If Vietnam is growing so fast as the Vietnamese say, then why do the Philippines and Indonesia have better malls?

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Ok. Philippine and Indonesian friends are more developed than Vietnam. You are developed in all aspects, you are already a developed country, you are already rich. As for Vietnam, we are still poor, we are still a developing country. We still have to live on cheap loans from other developed countries. I hope Indonesia and Philippines support us with ODA loans. You guys are so happy that you are not near China. We live near China. You don't have to invest much in the military, instead you can balance your budget spending to develop the country. Sometimes, we also dream that Vietnam has a territory far away from China like you. Or at least, a sea as far away from China as Japan. Then we will have more money for economic development. We will not be affected by protracted wars. You guys are so happy. Congratulations

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OK, you guys Filipinos, Indonesians are super, advanced with big malls, modern cities, la, blah. We, Vietnamese don’t argue with that. When it comes to China bullying, let’s see who is tougher. Vietnam just got out of non-stop wars for several decades, we can not beat you guys in term of economy and else but then…TIME WILL TELL, BUDDY !

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For all the colonialism followed by civil war between the north and the south, which were on and off for 80 years untill 1975, Vietnam had a hard time recovering and not until 1990s that the country seems to be able to get back on track (still with limited resources at this point and trying to define its own version of a “Socialist country”) and started rolling ever since.

But, a friend of mine just pointed out an interesting insight which I found to make much sense, that every French colony stays poor and behind with their economic development, especially compared to the British colonies like Hongkong, Singapore, Australia, America? It’s probably due to the French’s policies of colonization at that point of time maybe.

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Have you seen the spending culture in Indonesia and phillipines?

Vietnamese are heavy savers and save their spare cash for future. Indonesians and phillipines are heavy spenders. Even though in smaller towns I have seen a bit of saving culture in Indonesia but the bigger cities has uncontrolled spending like they will skip some meals in a day to afford a priced item. In phillipines, more than 70% population is unbanked so they spend it recklessly in malls and when money runs out they call out for BUMBAYS to help them out and give loans and when they cannot afford they say BUMBAIYA is bad.

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Vietnamese traditional grocery store, when buying here you can have everything you need without searching, without parking, without paying tax, you can buy goods within 1 minute.…

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