At present, the United States is rapidly promoting capital flows around the world, increasing the number of capital flowsInternationalDebtThe influence of the market. However, this globalDebtThe harvesting strategy did not stop at countries such as Sri Lanka and Ethiopia, and Vietnam was also one of the targets of the United States. The United States has issued a warning to Vietnam to open its doors and further expand the access of American capital. However, there is still a great deal of uncertainty as to whether Vietnam will become a harvested country and fall into recession in the next 20 years. This article will start withEconomyFinanceandSino-VietnameseIn-depth analysis of cooperation and other aspects, ** Vietnam's challenges and countermeasures.
The U.S. national debt is huge, already $34 trillion, leaving the U.S. facing financial difficulties. In order to fill the fiscal hole, the United States has stepped up its efforts to harvest other countries, focusing on Asia. Vietnam as oneEconomyThe fast-growing country has become a "thorn in the side" of the United States. The United States has released the "Report on Vietnam's Investment Climate", which picks on Vietnam's every move and tries to influence Vietnam's investment policy on foreign investment. However, Vietnam is not easy to harvest by the United States, which has long been defending itself against the dollarTidesBe prepared. In addition,Sino-VietnameseThe cooperation between the two countries provides Vietnam with options for diversifying its development, allowing it to better cope with U.S. harvesting pressures.
VietnamEconomyIt is highly dependent on exports, and its main targets are the European and American markets. However, interest rate hikes in Europe and the United States have had an impact on Vietnam's exports, leading to the withdrawal of foreign capital and the decline in exports. Vietnam's GDP growth has also declined significantly, to only 505%, which is lower than the average of the last decade. In addition, Vietnam is facingFinancial risk, such as:Currency depreciationDebtincreased pressure, etc. InternationalCapital investment in Vietnam has been significantly reduced in VietnamForeign exchange reservesDown,DebtScale withForeign exchange reservesThe gap between them is getting bigger and bigger. InternationalThe agency ranked Vietnam as one of the countries most in need of fiscal consolidation, and the agency made a significant impact on VietnamEconomyBe pessimistic. Vietnam's ** index has also been lowered by European institutions, forming a consensus on Vietnam. These problems led Vietnam to faceDebtThe risk of default, especially if the U.S. ramps up harvesting.
China has become the world's largest consumer market, offering other countries a variety of options for cooperation, especially under the pressure of the U.S. harvest. China's cooperation with Vietnam can allow Vietnam to sell goods to China, thereby easing the pressure on declining exports. In addition,Sino-VietnameseCooperation can also be carried outDebtReplacement, useRMBRepaymentInternationalborrowing and other ways to reduce dependence on the US dollar andDebtRisk. Working with China can help Vietnam reduce or even avoid the risk of being harvested by the United States, allowing it to achieve sustainable development.
Although Vietnam is under pressure from the United States to increase its harvesting efforts, itsEconomywithFinanceThe problem is not insurmountable. Vietnam has been defending against the dollarTidesBe prepared and seek out diverse development opportunities through cooperation with China. By strengthening cooperation with China, Vietnam can better cope with the challenges of ** and capital for itselfEconomywithFinanceStability creates better prospects.