Why The Vietnamese Don’t Give Two Fucks About Billionaires
By Wally Tuan
As we delve into contemporary society in our beloved nation of Vietnam, it seems an uncanny calm blankets the communal psyche. Amidst a world where titans amass fortunes rivaling small nations’ economies — with figures such as Zuckerberg and Bezos boasting personal wealth that exceeds national GDPs in countries like Luxembourg or Bermuda — Vietnam stands resilient, largely impervious to the glistening allure of billionaire excess.
Let’s embark on an illustrative journey through a typical day for us: Mẹ Kim wakes up at 6 a.m. with her two children and starts preparing breakfast as Phan Giang returns from his modest job in construction, followed by the family sharing their meal over cups of strong Vietnamese coffee. Their daily routine is simple yet fulfilling — echoes of generations past still resonate within these familial ties steeped in tradition and communal harmony.
As they finish breakfast with a lighthearted conversation, let’s take an imaginative leap to contrast their modest lifestyle against that of billionaire Larry Summers — who reportedly earned $35 million last year alone after selling his private equity firm for hundreds of millions more. In a country where only 1% own as much wealth as Mẹ Kim, it is clear their lives are worlds apart in terms not just of currency but also values and priorities — something Vietnam has never lacked amidst its rice terraces and floating markets.
Even the average monthly salary here doesn’t quite match up to Summers’s annual earnings; our diligent workers, with jobs spanning from local merchants selling fresh fruit under sun-drenched awnings in Ho Chi Minh City marketplaces (average income: around $470 per month) to fishermen casting their nets off Hoi An’s ancient riverbanks, all find contentment and strength within the simplicity of life.
As we draw our explorations to a … Read more


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