Maybe you’ve heard the real estate bubble in Vietnam has burst – some housing prices dropping from their highs by 30-40% in 2012! Maybe you’ve heard that inflation in Vietnam at the end of 2012 was rising at an analyzed rate of over 7%! Maybe you’ve heard that Vietnam’s Gross Domestic Product had its [Read on …]
A Vision of Vietnam’s Internet Future? By Anh-Minh Do | Tech in Asia December 7, 2012 In dusty, cramped rooms across Vietnam, kids and adults log on to the web in internet shops. It’s a common sight on every other street in Vietnam, from major urban areas to the farthest-flung rural regions. Family businesses clear [Read on …]
Faifoo Boutique Hotel This is very nice. I’m sitting here enjoying one of the best cà phê sữa đá (iced coffee with milk) that I’ve had in a long time. Soft “elevator” music (“Yesterday” by Paul McCartney) is wafting in the shaded breeze of the courtyard. As I look around, all I see are tropical plants [Read on …]
The Saigon Zoo Yesterday the planets all aligned in just the right way to make it a perfect Saigon Zoo day! Well, more or less. Actually, it was the alignment of the several natural, though maybe-not-planetary, events. First, it was a lazy Sunday afternoon. A typical how-should-I-enjoy-today day. Secondly, it was a cloudy day – [Read on …]
Painful property correction Real estate market in Vietnam at a standstill after three years of over exuberance. Prices are at rock-bottom but so is buyers’ confidence. Published: 11/12/2012 No area in Vietnam feels economic pain more acutely than the real estate sector, where housing prices have declined to “dream” levels but buyers still shake [Read on …]
[ THE FOLLOWING is a guest blog post contributed to Eating Saigon! by M.R. Danial ] More info about Gay Saigon here: https://www.eatingsaigon.com/gay-saigon/ ************************************************* Vietnam: The Story of a Massage Boy This is a true story of a massage boy in Ho Chi Minh City, Vietnam. The real name is protected for security reason. When I [Read on …]
Vietnam’s Sang Says Low Growth a Must While Restructuring By Bloomberg News – Jan 22, 2013 3:48 PM GMT+0700 Vietnam must accept “low” economic growth while it restructures its economy and should aim for annual expansion of at least 5 percent, according to President Truong Tan Sang. Growth less than 5 percent would be “dangerous,” [Read on …]
Vietnam inflation hits six-month high: government Business Foreign 2012-11-24 16:35 HANOI, Nov 24, 2012 (AFP) — Vietnamese inflation picked up to the fastest pace in six months in November, official data showed Saturday, adding to the economic challenges facing the country’s Communist rulers. Consumer prices gained an estimated 7.08 percent this month from a year [Read on …]