While large and luxury condos with over 100 square meters (about 1076 square feet) are having a hard time selling, sales of smaller and less expensive units have been gaining momentum in the real estate market recently. These small condos are typically in the suburban areas, away from the high concentration in large cities, but remain well connected to the busy centers. Priced … [Read more...] about Small and Inexpensive Condos Are Selling Fast
Vietnam Dropped in Global Competitiveness Index 2009
According to World Economic Forum, Switzerland tops the overall ranking in the Global Competitiveness Report 2009-2010. Due to the economic recession and the weakening macroeconomic stability, the United States falls one place to second position. Top 10 countries followed Switzerland and US are Singapore, Sweden, Denmark, Finland, Germany, Japan, Canada, and … [Read more...] about Vietnam Dropped in Global Competitiveness Index 2009
Vietnam Won the Third Prize in Asia Pacific Robot Contest 2009
Robocon 2009 took place in Tokyo, Japan and finished on August 22. Vietnam team won the third prize in the contest; China was the winner and Hong Kong the runner up. This once again confirmed the potential talents of Vietnamese students. How can we truly unlock them? What will it take to enable such talented individuals to transform Vietnam? … [Read more...] about Vietnam Won the Third Prize in Asia Pacific Robot Contest 2009
Officials Jailed in an Adoption Scam
Sixteen health and charity officials in northern Nam Dinh province were tried for getting involved in an adoption scam. Six of them were sentenced to jail terms of two to five and a half years; the other ten were were on suspended sentences of fifteen to eighteen months. These officials were accused of receiving babies from mothers with unwanted pregnancies, assembling false … [Read more...] about Officials Jailed in an Adoption Scam
Global Economic Crisis and Vietnam – A local perspective
Khanh sits and ponders. A slim girl with straight black hair and a fair complexion, she came to Saigon from Da Lat a few years back – right out of college. She came at a time when the economy was in a much better shape. With her degree in Computer Science, Khanh landed a job with decent pay from a software company. For Khanh and her peers, opportunities were everywhere. … [Read more...] about Global Economic Crisis and Vietnam – A local perspective