Uploaded on 2020-07-19 by Jimin

An abundance of water provided by the Saigon River, coffee (exports), and foreign and domestic investments. During the rainy season, the river prevents flooding by carrying surface water away to the sea, and facilitates the flow of other stocks such as plants from the upper course. In the long term, it has potential to become an effective transport route. Products such as coffee are produced in excess for export purpose. Vietnam earns foreign currency through this trade, which in turn makes the country’s wealth more stable (since Vietnamese currency is less stable than USD), and enjoy chain benefits resulting from this financial stability. Lastly, foreign and domestic investments can be seen as stocks and flows of capital. Increase in capital in HCMC supports the growth of start-ups and pre-existing firms, which contributes to increased competitiveness in the global market. This drives economic development of Vietnam, which then leads to overall increase in the standard of living.