Comparing observations and insights between China and Vietnam reveals not only differences between the two countries but also provides some insights.
Firstly, the difference lies in land use rights.
In China, land use rights typically last for 70 years, while in Vietnam, there is a situation of perpetual land use rights.
This means in Vietnam, land can be passed down through generations, providing long-term economic support for families.
However, in China, land use rights have a shorter cycle, and after approximately 70 years of building construction, the land will be returned to the state.
This necessitates a focus on education and work to create wealth through other means rather than relying on land inheritance.
This difference also influences the development direction of the two societies;
Vietnam focuses more on the utilization of land resources, while China emphasizes talent cultivation and technological innovation.
Secondly, he discusses China's live streaming sales model.
Unlike the traditional model of large factories distributing to distributors and then to consumers, now in China, large factories directly sell products through live streaming, interacting directly with consumers.
The emergence of this new sales model eliminates many intermediaries, making the connection between producers and consumers more direct.
This is also a direction Vietnam needs to learn. With the popularity of the internet and the development of technology, live streaming sales have become a new trend.
Vietnam can learn from China's practices to promote its own e-commerce development.
Thirdly, the prices and quality of Chinese products.
China has many products that are cheap and of good quality, some of which are not even found in Vietnam.
This reflects China's advantages in product research and manufacturing and also provides some enlightenment to Vietnam.
Vietnam can improve its product quality and competitiveness by learning from China's manufacturing technology and management experience.
In addition, he also mentioned the service consciousness of Chinese people and transportation development.
Chinese people excel in service and hospitality; they warmly welcome you whether you purchase products or not.
China's transportation development is also impressive, with well-developed subway, high-speed rail, and other transportation facilities providing convenience for people's travel.
These are areas Vietnam can learn from to improve its service level and infrastructure construction.
Overall, the blogger encourages Vietnamese entrepreneurs to visit China, witness China's development and differences firsthand, in order to better learn and emulate.
China's development has far surpassed Vietnam's in the past 20 years, a fact he deeply realizes through personal experience.
Through exchanges and learning from China, Vietnam can find its own development direction, achieving sustainable economic growth and social progress.
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