However, if one takes a serious and responsible look at the current economy of Vietnam, he will see that the current development has no foundation, is very close to being at the edge of a cliff, and faces the kind of dangers that can push the whole country to a precarious dead end. The main source of finance today centers on the reservoir of real estate. Vietnamese have sold their houses to foreign investors and used that money for living, shopping, building new homes, and entertaining. All sorts of consumer services, in turns, live off that money. The land reservoir has grown smaller and smaller.
Foreign investors take over more and more strategic property across Vietnam.
After 30 years of struggling to regain the country, our beautiful land is being sold off to new foreign bosses. The Vietnamese Communist Party announced that it would finance itself and stop using government funds to pay for Party's activities. As the government calls for privatization of state-run companies to push forth economic reform, to erase favoritism, to cut losses burdening the state, cadres currently in power are the ones that buy most of the new stock. Workers in companies are symbolically allowed to buy a few shares to cover-up and to hold them responsible for the companies. These practices have sucked up people's strength to create a class of red capitalists who form the richest core of the Vietnamese Communist Party.