20 MAY 2013: REPORT A Plague of Deforestation Sweeps Across Southeast Asia Illegal logging and unchecked economic development are taking a devastating toll on the forests of Vietnam and neighboring countries, threatening areas of biodiversity so rich that 1,700 species have been discovered in the last 15 years alone. by daniel drollette In 1968, during [Read on …]
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 …]
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 …]
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 …]
Vietnam may limit immigration to central cities Last Updated: Saturday, October 06, 2012 02:10:00 The Ministry of Public Security is seeking public opinion on proposed amendments to the Law on Residence that would restrict migration to centrally-administered cities. Under the draft amendments, expected to be submitted to the National Assembly next year, applicants for permanent residence in the [Read on …]
News: Business APNewsBreak: Coke, Samsung pull Vietnam site ads October 3, 2012 HANOI, Vietnam (AP) — Coca-Cola and Samsung have pulled their advertising from a popular Vietnamese website notorious for providing unlicensed downloads of Western and local songs, in a rare victory against online piracy in a country where it has grown unchecked. The companies [Read on …]