"Brain-Drain" is the migration of best and brightest from poor countries to rich countries. Vietnam, like many other low and middle income countries, had seen its best leave for greener pastures. But now, at least for some countries, the best and brightest may be returning home. UC Berkeley Haas School of Business professor, Dr. AnnaLee Saxenian, has been studying the … [Read more...] about Vietnamese Diaspora – A “Brain Drain”?
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Vietnam: Hard Workers but Low Producers, not quite a Tiger Yet
The two charts below were published by Harvard's Michael Porter, arguably the top mind in business and economics, in a presentation on Vietnam's Competitiveness in December 2008: The graph labeled Labor Force Utilization shows that Vietnam is amongst 1st world countries in labor participation. 55% of the working age population in Vietnam is apart of its labor force. This is … [Read more...] about Vietnam: Hard Workers but Low Producers, not quite a Tiger Yet
Is Vietnam moving towards better governance?
Three news headlines from Vietnam today read: "Court Apologizes for Erroneous Conviction" "Dak Lak Party Official Arrested for Embezzlement" "Granite Firm Director Arrested for Quarrying Violations" One of the most prevalent concerns about doing business in Vietnam is the lack of rule of law. Since Vietnam's accession to the World Trade Organization (WTO) at the end of 2006, … [Read more...] about Is Vietnam moving towards better governance?