Vietnam ranks 45th in the 2009 Financial Development Index published by the World Economic Forum (WEF). Vietnam receives a score of 3.0 in 2009 compare to 3.3 in 2008 out of a maximum of 7.0. Other Southeast Asian countries in the index include Singapore (4th), Malaysia (22nd), and Thailand (35th). According to the report, a low degree of external vulnerability (4th) and a … [Read more...] about Vietnam Ranks 45th in WEF’s Financial Development Index
Business & Tech
Small and Inexpensive Condos Are Selling Fast
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 Approved $1.25 Billion Metro Line in Ho Chi Minh City
According to the Dow Jones Newswires, the Vietnamese government has approved plans to build an underground metro line in Ho Chi Minh City at a cost of $1.247 billion, the Ministry of Transportation said Friday. Deputy Prime Minister Nguyen Sinh Hung has approved the project being funded using loans from three foreign banks, the ministry said in a statement. Vietnam will … [Read more...] about Vietnam Approved $1.25 Billion Metro Line in Ho Chi Minh City
Vietnam Will Host International Rice Congress
Rice, the grain that feeds half the world... In 2010, Vietnam will host the 3rd International Rice Congress (IRC) - the world's largest gathering focused on rice - in Hanoi. The IRC2010 theme—The Future of Rice—will focus on increasing public and private support to help poor rice farmers and consumers. Dr. Zeigler, director of International Rice Research Institute (IRRI), was … [Read more...] about Vietnam Will Host International Rice Congress
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