These are precarious times for governments around the world: Social media has led to an explosion of information sharing. Text, pictures, and videos flow freely over the information highway; trying to contain it has proven impossible. Technology will only get faster and internet access will be ubiquitous: within this year, many of us will have internet access faster than … [Read more...] about Why Vietnam’s Government Shouldn’t Fear Facebook and Social Media
Business & Tech
Tallest Skyscrapers in Vietnam: Race to the Sky Causes Traffic on the Ground
Skyscrapers are popping up at a fast pace in major cities in Vietnam. Height records are constantly being set and broken. This is definitely a good sign for those in the real estate industry. What does it mean for everyone else in the country? Late last year, Saigon saw a major cityscape makeover with the opening of the Bitexco Financial Tower, the tallest building in the … [Read more...] about Tallest Skyscrapers in Vietnam: Race to the Sky Causes Traffic on the Ground
Vietnam’s Booming Netcitizens Challenge the Marketing Community to Adapt
This is a guest post by Joe Wheller and Lukas Mira. Joe Wheller is Managing Director of Cimigo Vietnam, a consumer research company in Saigon. Mr. Wheller is a frequent contributor to the brand and communications landscape of Vietnam. He is keen to get the voice of the Vietnamese consumer heard and for people to recognize the opportunities that Vietnam presents as it … [Read more...] about Vietnam’s Booming Netcitizens Challenge the Marketing Community to Adapt
End Corruption in Vietnam by Making Bribes Legal
Transparency International ranks Vietnam 116th out of 178 in corruption perception. In comparison, the Four Asian Tigers Singapore, South Korea, Taiwan, and Hong Kong rank 1st, 39th, 33rd, and 13th, respectively. The United States ranks 22nd. If Vietnam wants to become the fifth tiger, they clearly have to close the huge corruption gap. How? Kaushik Basu, chief economic … [Read more...] about End Corruption in Vietnam by Making Bribes Legal
Vietnam: Inflation is back again, prices double in past 5 years
Last week, the Asian Development Bank released its widely-followed Asian Development Outlook 2011, in which it forecasts economic growth for Asian countries including Vietnam in 2011 and 2012. The main theme of the report for Vietnam is that the country badly needs to control inflation if it is to sustain growth. In 2010, average inflation reached 9.2%. This was the highest … [Read more...] about Vietnam: Inflation is back again, prices double in past 5 years