Recently, the Vietnamese government announced that to commemorate the August Revolution and the upcoming 80th anniversary of the National Day, it would give 100,000 Vietnamese shields to more than 100 million people in the country, each.

You may be curious, how much is 100,000 VND? To convert, it's about 3.8 US dollars, which is equivalent to 27 RMB. It doesn't sound like a large amount, but counting the country's population of 100 million, it will cost a total of $380 million. However, for the Vietnamese government, this financial pressure is not too great.

What can you do with 27 yuan in Vietnam? Basically, you can eat two or three bowls of Vietnamese rice noodles, or take a short taxi, or get a massage. For ordinary people, it is not a large subsidy, but more like a small surprise red envelope. The promotion of consumption is also limited, but its significance is not that there is more money and less money.

This move is more like a symbolic gesture. The state sends money to the people at major festivals, essentially a kind of care, so that the people feel ¡°the government is ignoring us¡±. This way, it is easy to form a positive response in the public opinion. In other words, this money is not purchased by consumer power, but by national pride and national identity.

You think, September 2 is Vietnam¡¯s Independence Day, and this is a very important node. The government chooses to give money at this time, it is emphasizing patriotism and solidarity, so that everyone feels ¡°we are one¡±.

In fact, the Vietnamese government has been emphasizing the image of the "family people" for years. To send money to the whole people is a very intuitive operation. You can say it is to spend little money to do big things. Although the amount is not large, but the effect can be enlarged several times. Especially in the era of social media, everyone will sunbath, creating an atmosphere of sharing the whole people.

From another perspective, it is also a political propaganda.The Vietnamese government, by issuing money, demonstrates at home and abroad that we care about the people and have the capacity to give the people tangible benefits at major points in the country.This not only enhances the people's sense of trust in the government, but also shapes a national image of "responsible, close to the people."

We go back and think about what this is different from other countries' "red packs" like the United States often stimulate consumption during economic crises or general elections, directly to the people to discover gold checks, the purpose is mainly to pull domestic demand.

This is also in line with the current state of development in Vietnam. The economy is limited in size and the government has no capacity to make large-scale subsidies like the big nations, so choosing to issue small amounts of cash on particular festivals. This is a relatively smart practice.

Of course, we also see the other side. While this money can bring positive effects, it also illustrates some of Vietnam¡¯s limitations on governance. For example, what people really need may be the long-term guarantees of healthcare, education, employment, rather than the one-time ¡°Festival Red Pack¡±.

The Vietnamese government issued money not to stimulate the economy, not because of financial surpluses, but to create an atmosphere of national unity and patriotism at the 80th anniversary of the National Day.