Blowing Vietnam, the slap in the face is coming

Mondo International Updated on 2024-02-05

Write a short one today. Some time ago, there were a lot of "more blows" on the Internet, and now the slap in the face is coming. The Vietnam News Agency, the official Vietnamese news agency, recently reported two events. Two things were said: On the afternoon of May 10, the fifth plenary meeting of the 13th ** Committee of the Communist Party of Vietnam officially closed. At the closing ceremony, in his concluding speech, Nguyen Phu Trong, the head of Vietnam, said: We must resolutely stop land speculation! The tone is very harsh. In Vietnam, the situation is special. Vietnam has always had the saying of "four troikas": the prime minister, the prime minister and the chairman of the National Assembly. Land speculation is a specific task in the economic field, and the top leader generally does not personally intervene. Since you have made a move, it means that you feel that the problem is serious. The signal is very strong. The next day, that is, yesterday, May 11, another incident happened: at the meeting of the Standing Committee of the National Assembly, the Chairman of the National Assembly of Vietnam Ong Dinh Hue said: Recently, the Vietnamese market is extremely abnormal! He also said: Recently, the ** market has not been stable for a day, it is simply "sunny in the morning, rainy in the afternoon". Among the "four troikas", two couldn't help but speak. And the official media have reported it. Why do I say that these two pieces of news are a slap in the face? Now a lot of self-praise, blowing Vietnam is too much: what Vietnam chose to "lie flat", now the economy is a mess, import and export are very hot, and the total amount has exceeded Shenzhen. As early as 2018, Vietnam's import and export volume surpassed Shenzhen, okay? There are also those who blow Vietnam, saying that Vietnam's economy is good, ** is very hot, and it has more than doubled in two years! Blowing the property market is a bit unpopular. So some people have changed their way of blowing: even Li Ka-shing is going to Vietnam to invest in the property market! Next, let's talk about how accurate Li Ka-shing's vision is and how divine his investment is. What do these blows mean? To put it simply, there are two points: the first point is that it is good to say "lie flat". You see, Vietnam is "lying flat", exports are so good that they are a mess, ** has risen sharply, and even housing prices have risen by ......That's a boom. The second point is that something is wrong. Now a large number of people, after blowing Vietnam, began to encourage everyone to buy Vietnam** and buy houses. I searched on the Internet, but there are many self-proclaimed "senior experts" in the middle. Because I have a lot of old friends. Originally, I didn't want to write this article because it's easy to offend people. But for such a long time, everyone has gotten along well, so I have to remind you: if you usually encounter people who blow Vietnam to invest, in this case, you should be especially careful. Why? Because thunderstorms have already begun to appear in Vietnam, at this time, if you really follow what some people on the Internet have blown and run, instead of catching flying knives, you will directly step on landmines. Do you remember what I said last year? On December 10 last year, a land auction was held in Ho Chi Minh City, Vietnam's largest city. When the results came out, everyone was shocked. There is an area in Ho Chi Minh City, called Thu Thiem New District, which is named after the Thu Thiem Peninsula in the area. This place is a typical affluent area, and it used to be called: Vietnam's version of Pudong. In that auction, a total of 4 plots of land were auctioned, of which the unit price of the most expensive piece of land reached 67 per square meter55.76 million yuan, converted into US dollars, per square meter** more than 10$60,000! What is the concept? It is currently the most expensive land price in the world!

Ho Chi Minh City, Vietnam, once auctioned the world's most expensive land parcel (marked 3-12).You must know that Vietnam's economy is not very large, with a population of less than 100 million, and the national GDP was only 270 billion US dollars last year, which is not only far inferior to Beijing, Shanghai, Shenzhen, Hong Kong, Guangzhou and other cities, but even compared with Hangzhou, it is only slightly higher. It is very scary to be able to auction this kind of land price. I didn't say anything about the rest. It's very weird: because not long after that, probably in January of this year, Vietnam's New Hoang Minh Group, which auctioned off the land, suddenly announced that it was withdrawing from the deal. To participate in the auction, you are not empty-handed, and you have to pay a deposit. This time to exit the deal, Vietnam** said: Tan Hoang Minh Group lost an advance payment of VND 588.5 billion. Because it was too high-profile before, it caused a national sensation in Vietnam, so it attracted the attention of all parties. The more you investigate, the more you realize that something is wrong. The one who participated in the auction was Xingyue Real Estate Investment Company, a subsidiary of the New Huangming Group, which has a total asset of just over 76 trillion VND, but the land it bids for is worth 24VND 5 trillion. Typical "snake swallowing elephant". Here's the question: so much money, where does this company come from? Will its parent company, the New Huangming Group, do it? No, its assets are less than VND20 trillion, which is not enough for the bidding price. That's too ruthless. After further investigation, everyone was shocked: several companies under the New Huangming Group have been losing money in the past! Under the umbrella of the new Huangming Group, there are three companies: the aforementioned Xingyue Real Estate Investment Company, Winter Palace Joint Stock Company, and Soler Hotel Services and Investment Joint Stock Company. In 2020 alone, the loss exceeded VND 1 trillion. How does this company make money? The trick is quite dark: it started a project for many years, but in fact, this project has never started at all. It then issued corporate bonds under the pretext that it was going to start the project. It is very common to issue corporate bonds in order to start a project. But do you know who bought these corporate bonds? It turned out to be the new Huangming Group itself! This is strange: didn't you issue corporate bonds because you were short of money? Why did you buy it yourself? That's where it gets black. After buying these bonds, it created a bond investment product, desperately trying to pull "partners" in society, promising high interest rates, and then advertising everywhere that anyone with 100 million VND could become "partners". If you buy a corporate bond, you have to pay it back. But if you engage in this kind of bond investment cooperation, I'm sorry, it will become an investment behavior. The bonds are still in the hands of the New Huangming Group, and when the time comes, as long as the New Huangming Group announces the failure of the cooperation, everything will be yellow. A lot of people have lost a lot. On April 5 this year, the Ministry of Public Security of Vietnam prosecuted the relevant personnel and units of the New Hoang Minh Group on charges of "deception and embezzlement of property"; The day before, Vietnam's State ** Committee said it had made a decision that the transactions of the bonds in Tan Hoang Minh were invalid. Then a large number of people were arrested. Tan Hoang Minh is a big man in Vietnam's real estate industry, so this matter is very shocking. But the question is: whether there are other things behind the scenes, no one can say now. Two more things: the first thing is in Vietnam, anyone who holds an E-prefix passport, even if they buy a house in Vietnam, may not be able to get a real estate certificate; The second thing is that according to the Vietnamese government**, 1,247 houses were sold in Ho Chi Minh City** in Vietnam in the first quarter of this year, 78% less than the previous quarter and 53% less than the same period last year.

Screenshot of Vietnam's official media e-report: The reason for the sharp decline in Vietnam's property market

This is the thriving and prosperous Vietnamese property market in the mouth of many "Yue Blowing"! So as soon as the two are combined, which ones will blow the Vietnamese property market on the Internet, and say that they want to invest, which direction will they go? It is very likely that it is to play the hand of the new Huang Ming who has been thunderous, and let people engage in bond investment cooperation! In addition, the recent Vietnam ** market, in fact, there is also a thunderstorm. It's this company: FLC Group. It is a listed company in Vietnam. A large number of people were also arrested.

What's the matter? On January 10, 2022, Zheng Wenju, the chairman of this company, sold 74.8 million shares of FLC**, but did not report or issue a notice before trading as required, resulting in a shock. On January 18, Vietnam's National Committee imposed an administrative fine of VND 1.5 billion on Truong Van Trump, while suspending his trading activities for five months. Vietnam's official ** said: This is not the first time that Trung Van Trung has illegally *** In 2017, he had **57 million shares** without prior announcement, and at that time, Trung Van Trung was fined 65 million VND. Some time ago, there were some other similar events in Vietnam, because the biggest one has already been said, and the others will not be talked about in detail. But they all caused the first major earthquake in Vietnam. Now the United States has begun to raise interest rates. As I said before, once the US starts monetary tightening and enters a cycle of interest rate hikes, it will be a catastrophe for the whole world. The whole process is divided into four steps: the first step: the dollar "release", depending on the specific situation of different countries, with FDI, dollar bonds, underground money or something, first pour in, get the chips in hand, violently raise the assets**, and at the same time absorb a wave of hot money into the market, make a big bubble; Step 2: The Fed announces a rate hike in the US dollar; Step 3: The US dollar that entered the market left the market in a short period of time, bursting the bubble, causing assets to plummet, the foreign exchange market to plummet, foreign exchange reserves to decrease sharply, the unemployment rate to increase sharply, and the people had no way to live; Step 4: When the country has reached a desperate situation and wants to seize even a life-saving straw, a large number of long-awaited dollars rush into the market and harvest assets frantically at the lowest price. After understanding, it is very convenient to judge which country the United States is going to loot next: in the absence of major changes in the fundamentals, to see which country's foreign exchange reserves suddenly increase sharply, **substantially**, and the property market **soars, then this country is ten likely, and it will be the target of the United States' looting. Isn't that exactly what happens in Vietnam? There is one more thing: in fact, Vietnam's current economic situation is not at all as good as the Viet Touk people say now. Actually, it's very bad. This is also the news disclosed by Vietnam's official ** some time ago: since April this year, more than 200,000 unemployed workers in Vietnam have applied for a one-time withdrawal of social security payments. For example, in front of the social security bureau in Shoude City, Ho Chi Minh City, Vietnam, a large number of exhausted workers have been queuing here since the early hours of the morning to submit an application for withdrawal of social security funds.

Why do these people apply for a lump sum withdrawal of social security payments that have accumulated over many years? I can't get by, I really can't help it! Otherwise, who would do such a thing? Note the time, it's only been April. This situation has arisen in Vietnam, can this be called thriving, prosperous? No matter what the purpose is, in the actual situation of Vietnam, to blow it, blow it and lie flat, I personally think: it's really not very good. It's even worse if there's a last-minute entice to entice someone to take over. The world is complicated, everyone should be careful!

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