• Southern BoyOP
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    2 months ago

    Hanoi needs some serious infrastructure so I do agree the amounts should be higher but this is paranoid thinking

    The country is poor and literally every facet of infrastructure could do with cash injection, there’s hardly room for graft without pissing people off. They actually sentence people for it and NGOs aren’t getting a free ride anymore.

    The level of pessimism coming out here from people who don’t even know how these cooperation agreements work is kind of disappointing.

    • CyborgMarx [any, any]@hexbear.net
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      2 months ago

      French capital is not investing for the sake of Viet rail and the wild returns that would bring in

      This is quid pro quo under the table deal making and graft, the French are purchasing access to something they think will make real money and definitely something they shouldn’t have access to

      • Southern BoyOP
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        2 months ago

        I mean feel free to back any of that up but it really just seems like bong rip paranoia that flies in the face of how these cooperation agreements work and the competition and diplomatic pressure France is facing

        Capital outflows from imperialist countries have not created rail development abroad beyond what was needed to extract resources for a century in many places so imperialists paying for infrastructure is symbolically a reversal, it’s bringing them to heel

        • CyborgMarx [any, any]@hexbear.net
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          2 months ago

          Capital outflows from imperialist countries have not created rail development abroad beyond what was needed to extract resources for a century in many places so imperialists paying for infrastructure is symbolically a reversal, it’s bringing them to heel

          That’s my point, the French wouldn’t pay for infrastructure unless they thought they were getting something out of it, if there’s a clear reversal (symbolic or otherwise) the French wouldn’t so much as return Hanoi’s calls

          Obviously the French see a door that is open or appears to be open, a door that most likely has nothing to do with rail (considering the comically low amount they’re investing) and shouldn’t be open to begin with

          Whether that “door” is actually open and the Vietnamese aren’t just playing 4d chess on Paris is up for debate, I hope they are

          • Southern BoyOP
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            2 months ago

            Yeah I get it doing Dengism is bad because the French are evil

                • Southern BoyOP
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                  2 months ago

                  Every time I look at the map of chemical scars it makes me get really itchy and I want to cry but I don’t because I need people to take me seriously ☝️🤠

        • CyborgMarx [any, any]@hexbear.net
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          2 months ago

          The french corporations are not interested in selling trains, they’re interested in making Profit ON selling trains, and the lack of profitability is blatantly clear in light of the low amounts they’ve invested in the form of loans

          Selling trains to a public service state entity in Vietnam is not profitable in itself, the loan is a ticket purchase for access to Vietnamese resources or industries that are profitable when invested in

          What the French are purchasing access to isn’t specified publicly, but it sure as shit ain’t access to build rail for working class Vietnamese in the form of sub-strandard inter-industry foreign loans