For a light-hearted take, Google Ali Wong's bit about Jungle Asians. The gist is that different waves of immigrants from different countries ended up with wildly different average socioeconomic outcomes in the US. Even different waves from the same country. Sadly, cohort matters.

Note that Vietnamese here is good, because in other situations, it ain't good. The college admissions context is a confounder that flips the desirability of being a particular ethnicity.