Vietnam's President Nguyen Xuan Phuc visited South Korea, with the highlight being South Korea's retro-style honor guard. In fact, Vietnam has some requests for South Korea, as Vietnam's economy is much weaker than South Korea's. The Samsung Group and other South Korean groups have invested a lot in Vietnam, with Samsung being the largest investor. Therefore, when President Phuc visited South Korea, he hoped that South Korea would increase its investment and continue to support Vietnam. Just one Samsung Group has large enough factories in Vietnam.
Samsung also invests a lot in China, but it may not be as much as in Vietnam, as Vietnam's current wage levels are slightly lower than ours. Samsung is profit-driven, so it is inevitable that it will open more factories in Vietnam.
Moreover, Samsung's phones are almost unsellable domestically, just like South Korean cars, with very low sales. Therefore, South Korean investments in China are no longer as high as before. So, President Phuc's visit to South Korea aims to get President Lee Jae-myung to continue increasing investments and assistance to Vietnam.
Additionally, Vietnam's greatest confidence in South Korea lies in the fact that Vietnam has achieved reunification between the North and the South, while South Korea has not. Vietnam has repeatedly highlighted its experience and insights on reunification, prompting South Korea to actively learn from it. Although South Korea is very angry, it has reluctantly accepted the facts and repeatedly expressed a willingness to learn humbly.
In fact, during the Vietnam War, the South Korean military was the largest auxiliary force of the U.S. military. The South Korean military participated in the Vietnam War the most times and had the largest number of troops, and their performance was even more brutal than that of the U.S. military. However, Vietnam, in order to develop its economy, put aside its hatred towards South Korea and looked toward the future, which allowed it to achieve development.
Original article: www.toutiao.com/article/1840070736247820/
Statement: This article represents the views of the author.