Re:Vietnam’s Richest Man Bets $2B to Sell Cars to Americans
by bilbo0s on Monday December 09, 2019 @08:02PM
(#21748586)
>I can't imagine any upstart without any compelling unfair advantage/killer product is going to fair well
Vietnam doesn't really care too much about WTO rules, so they provide not only enormous resources to their firms through the back door, but also slap enormous tariffs on foreign auto dealers at the front door.
So yeah, what we may term unfair advantage, they call command capitalism.
Vietnam doesn't really care too much about WTO rules, so they provide not only enormous resources to their firms through the back door, but also slap enormous tariffs on foreign auto dealers at the front door.
So yeah, what we may term unfair advantage, they call command capitalism.