Out of 143 countries, Vietnam is fifth highest in life satisfaction per unit of planetary resources consumed. Since 2006, NEF, an independent think tank, has been using what it calls a Happy Planet Index (HPI) to measure each country’s ability to produce “happy life” through consumption of the earth’s finite resources. HPI is essentially a efficiency measure: “well-being … [Read more...] about Vietnam is No.5 in Life Satisfaction
Vietnamese Fashion Design Makes Headlines with $117,000 Dress
A young fashion designer in Vietnam by the name of Huy Vo released his latest creation today: a diamond and ruby encrusted satin wedding gown. This gown has already begun to catch the eyes of wedding fashion experts across the web, as seen on countless Twitter and blog posts. Compared to significantly more expensive designer wedding gowns like the $1.5 million Swarovski crystal … [Read more...] about Vietnamese Fashion Design Makes Headlines with $117,000 Dress
Vietnam Makes the Cut for Top 10 Outsourcing Locations
For the first time, Vietnam shares the top 10 outsourcing stage with giants like India and China. Since 2004, A.T. Kearny Consulting began publishing a Global Services Location Index that captures top 50 off-shoring countries in the world. Rankings are based on three basic categories: financial attractiveness, people and skills availability, and business environment. This … [Read more...] about Vietnam Makes the Cut for Top 10 Outsourcing Locations
Vietnam, A Growing Population of Consumers
For years now, I've been hearing that there is a growing middle class in Vietnam. So people are getting richer, but how will this affect Vietnam's economy? Well, when you have more money, you'll spend more, a lot more! A recent study by Vietnam's General Statistics Office shows that Vietnam's retail sales growth outstripped GDP growth from 1997 to 2007. Over ten years, … [Read more...] about Vietnam, A Growing Population of Consumers
Vietnam’s Economic Outlook
For almost a year now, all we seem to be hearing on the news is how bad the economy is. There are rising unemployment here and bankruptcies there. So how has the economic downturn in the US, Europe and other major economies affected Vietnam? In a new article by Dr. Long S. Le of University of Houston, he writes that Vietnam is more vulnerable than ever with its growing links to … [Read more...] about Vietnam’s Economic Outlook