If you read my last article, you will notice that Vietnam's trade deficit is on the rise for the past 5 years. Furthermore, the growth seems to be exponential rather than a constant level. What does this mean? Are Vietnamese spending too much instead of saving? Is Vietnam's economy unstable and will collapse in the near future? Let us take a closer look at some statistics to … [Read more...] about Trade Deficit in Vietnam: Good or Bad?
investment
A Bullet Across Vietnam
Will Vietnam have its first bullet train? You may recall our very informative yet slightly comical article last week outlining the various modes of transportation in Vietnam. Bikes, mopeds, cyclos, buses, and even cow carts may be effective locally; however, there must be more time-saving and cost-effective modes of transportation across the country. Though it has been years … [Read more...] about A Bullet Across Vietnam
Vietnam’s economic resiliency: a symptom of strength or weakness?
Guest Author: Long S. Le, University of Houston 11.07.09 - Vietnam’s economy is showing resiliency. The country’s GDP has rebounded to 5.76 per cent in the third quarter, whereas the economy grew 3.9 per cent in the first half of this year. Opportunely, the Vietnamese government forecasts that the economic growth in the fourth quarter will be more than 6.5 per cent, meaning … [Read more...] about Vietnam’s economic resiliency: a symptom of strength or weakness?