Where are the Vietnamese now in socio-economic terms?
Vilified, called “losers” by much of the world press after 1975, or even “traitors” and “scum of the earth” by their communist victors, the overseas Vietnamese can now take a certain ironic comfort if not pride in the fact that the Hanoi rulers had to revise their opinion, twist their tongue and call them in recent years “the extension of Vietnam’s innards thousands of miles away” (“khuc ruot xa ngan dam” as the expression goes in Vietnamese). But the overseas Vietnamese are not dupe, they are not about to fall into the trap because they are mindful of the The Red Riding Hood story when the wolf, imitating the grandmother, pipes lavish praise into the ears of Little Red Riding Hood as to how wonderful she is or looks. This is reflected in the amount of dollars they send home every year as compared to the flimsy amount of investment money they bring into the country. If the GDP of Vietnam, i.e. of its 84 million people, at the present time is estimated to come to 58 billion dollars per
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