Vietnam’s National Highway 1A (NH1A) is one of the main arteries of transport in Vietnam. It is the longest highway in the country, stretching along the coastline from Huu Nghi Quan Border Gate (near the Sino-Vietnamese border) in the north to Nam Can in Ngoc Hien District of Ca Mau Province in the south. The highway is over 2,300 kilometers (or over 1,400 miles) in length, … [Read more...] about The Ultimate Vietnam Road Trip: The Thousand-Mile Road
World Bank
Buying and Selling with Vietnam
Vietnamese economy is among the fastest growing economies in the new millennium - average 6.5% within the last 10 years (source: CIA Factbook). Industries are gradually shifting away from agriculture productions and more into manufacturing and services: (source: EU Trade Commission - click for large size) Also, GDP per capita has been growing and is currently at its highest … [Read more...] about Buying and Selling with Vietnam
Doing Business in Vietnam Series: 1. Taxes
Vietnam has been on a high real GDP growth rate (which is adjusted for inflation) since it started the economic renovation phase. In fact, its growth rate once ranked 2nd in the world with 8% annual GDP growth rate in the 90's and 7.5% in the 2000's up to right before the current global financial crisis. Even in this crisis, Vietnam real GDP's growth rate is still on the rise … [Read more...] about Doing Business in Vietnam Series: 1. Taxes
Vietnam vs. US in the most current recession
Those of us who are currently residing in the US know that the American financial crisis had led the US and a major part of the European continent into a major recession - largest since the Great Depression of the 1929-1933. The 2007 recession started in the 4th quarter of 2007 until the 3rd quarter of 2009 - 18 months total. This recession brought about an approximately 10% … [Read more...] about Vietnam vs. US in the most current recession
Shifting Eastward as CIVETS Join Rank of BRIC
Ten years ago, the term BRIC (Brazil, Russia, India and China) was used to refer to emerging markets with high growth potential. Recently, seven more countries, Vietnam among them, have been included in the rank of these emerging markets, and the group has been designated as CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa). According to HSBC, several main … [Read more...] about Shifting Eastward as CIVETS Join Rank of BRIC