Fear of rising inflation has pushed the yield on Vietnam's 5 year treasury bond to 11.541%, according to Bloomberg. What does a 11.5% yield mean? It means that if you buy a bond for $100, every year you'll get about $11.50 back in return. Compared to the US yield of 2.3%, it sounds like a good deal, right? Well, it depends on your outlook on Vietnam in the next 5 … [Read more...] about Money Talk: Vietnamese Bonds, Even at 11.5% Yield, Are a Bad Deal
Business & Tech
Joe Jackson, father of Michael Jackson, invests in Vietnam’s “Happyland”
Some unexpected news out of “Happyland.” Joe Jackson, father of late pop legend Michael Jackson, recently announced that he has invested in a two billion dollar hotel-entertainment complex in Ben Luc District. The project, called “Happyland,” is set to open in 2014. According to Vietnam Net, “Happyland will boast many different constructions such as a theme park, resorts, … [Read more...] about Joe Jackson, father of Michael Jackson, invests in Vietnam’s “Happyland”
Economic Lessons from Japan: When Will the Vietnam Miracle End?
Many of us are celebrating 2011 with hope as economic signs in the US such as unemployment growth, GDP growth, and investor confidence levels are all improving. After all, most of the developed world just went through the toughest recession of the 2000's decade. During the worst conditions, the US GDP went negative at -2.5% and Japan's GDP dipped to the -5.2% level. If you … [Read more...] about Economic Lessons from Japan: When Will the Vietnam Miracle End?
China Hurts Its Own Citizens with Under-Valued Currency
If you are following the news recently, you will realized that many people and industries are frustrated about the under-valued Chinese currency. These folks are blaming that such action by China is increasing the US current trade-deficit with China and it is weakening the American economy. Some others are citing China as the main reason why American is too slow in recovering … [Read more...] about China Hurts Its Own Citizens with Under-Valued Currency
Calling All Business Minds: Focus on Asia
Our 20,000 readers have made it clear: they crave an understanding of the business climate in Vietnam and Asia. There is no dispute that Asia is the most exciting, and equality precarious, region in the business world today. China is growing at nearly 10%, Korea is experiencing a cultural renaissance, and Vietnam is chasing close behind in both categories. Yes, it’s the new … [Read more...] about Calling All Business Minds: Focus on Asia