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My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

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    May 18, 2023

    My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

    Vietnam, I've been to Vietnam 5 times. In July 2001, company organized tours for middle and senior employees who could bring their children and family members and leave customs at Dongxing Port in Guangxi. In December of same year, company organized a delegation to a plant in Vietnam to check use of imported German equipment, which was also exported from here. The other three trips to Vietnam were from second half of 2013 to first half of 2014. They were for company to go out and build factories. One trip was to Dongxing Port and other two were direct flights to Ho Chi Minh City. City and Hanoi.

    My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

    Dongxing Port, Fangchenggang City, Guangxi

    My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

    Vietnamese Mong Cai port opposite Dongxing port

    The first time I went to Vietnam, it was nothing special, it was a trip organized by a company, because I took my children and family members with me, so trip was very busy, I went to Halong Bay by boat, and visited several places such as Hanoi. There were five of us in inspection of same year. After visiting factory, we again went to Ha Long Bay. Maybe this place is too famous, so Vietnam is also a must see, so when we did land inspection later, because staff was different, Some people have not been there, so they still go there once.

    My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

    Mong Cai Corner, Vietnam

    My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

    Halong Bay

    The last three times I have been to Vietnam, mainly to choose a site for construction of a factory, so I basically traveled all over Vietnam before and after, and I have a detailed understanding of policies of various economic development zones in Vietnam at that time, degree preferential treatment, surrounding conditions of land, etc., after returning home, after discussions, serious comparisons, a feasibility study and a feasibility study of plant location, it is a pity that main shareholders did not agree with this plan for unknown reasons, and at same time, we thought that you could also insist on continuing domestic production. For institutional reasons, opinions of major shareholders are very important, and disagreeing with them is tantamount to refusing to exit business.

    My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

    Street corner in Vietnam

    At that time, cost of domestic production was already very high, and export of products also depended on various conditions, especially in terms of tariffs, so many domestic enterprises went to build factories one after another, and some were already very mature. In terms of overseas location, Vietnam was best choice at that time. Firstly, distance was relatively close. Secondly, Vietnam's development needs were more favorable. Many enterprises in our country have already camped there. And some large enterprises in Japan and South Korea have also set up factories and produce products there, which has generated momentum, so related auxiliary facilities are relatively complete. At that time, a well-known Chinese company that went to Vietnam requisitioned a large piece of land near sea in northern Vietnam for first time when Ho Chi Minh plant was working normally. I hope a large company will join it, and I suggest that our company cooperate to manage land and discount offered by Vietnam is still quite strong. It is a pity that opportunity was missed due to a major shareholder. Many years later, my original company is still in existence and I have traveled to several places in Africa to research and build factories, but it wasn't perfect. I recently heard that I was thinking of going to Vietnam to research and prepare to build factories. .But after nearly ten years, Vietnam's development has also become fast, cost of production has risen to a high level, and dividend in human resources is getting smaller and smaller. Obviously, investment period has passed, and point is no longer great.

    Actually, my impressions of Vietnam are not bad, I have been there five times and have a basic idea about it. Locals often say that there are three heights or three lengths in Vietnam, one is a long coastline, another is long roads, houses are narrow and tall, and a third is a length of people. Vietnam is a long and narrow country from north to south, so coastline from east and west is very long, since there is no internal mouth, beaches are clean and beautiful. The north-south passage in Vietnam is Highway No. 1. The road is very narrow and has only two-way two-lane lanes, so overtaking is very difficult. The speed on road is below 60 kilometers. If there is a truck in front, it will take a lot of effort to pass. The buildings on both sides of road are mostly over 3 floors, and some are over 5 floors. People in Vietnam are taller, there are no fat people, especially in south, everyone is thin, and belly of general is almost invisible to locals. This may be related to their diet. The food is not greasy and it is very light Please use it One of bosses we ate said that Vietnamese food is wrapped in cling film, meaning other food is wrapped in vegetable leaves.

    My Notes on Foreign Travel (7) Five Trips to Vietnam (1)

    The beauty of Halong Bay