News On Vietnam - Vietnam Development News

HCM City lures foreign investors (Mar 9)
HCM City has granted investment licences to 39 new foreign direct investment projects capitalised at a total investment capital of $333.4 million and five with additional investment capital, according to Lu Thanh Phong, vice director of the city's Department for Planning and Investment.

no coincidence, comrade (Peter Levine) (Mar 9)
... political prisoners. The junta is now selling national assets to allies in the private sector. In Vietnam, the only legal party is Communist, and its official ideology is Marxist-Leninist. Yet the country saw the second-fastest GDP growth in the world through much of the 1990s and 2000s, due to heavy foreign private investment and privatization. All workers are enrolled in state labor...Source : Peter Levine (subscribe)

Banks prefer providing long-term loans to short-term (Mar 9)

The ubiquitous dollar, Part I: Where do export labourers get dollars? (Mar 9)

Businesses prefer borrowing in foreign currency (Mar 9)

Vietnam Coffee-Stockpiling begins as prices fall anew (Mar 9)

VIB gives bonus interest rate of 1.31pct/yr for C/Ds (Mar 9)

GLOBAL: Prepare for "climaggedon" (Mar 9)
Source: Integrated Regional Information Networks

Vietnam Trip (Travelblog) (Mar 9)
HOA LU TAM COCToday we are off to the capital of Vietnam from 968 AD to 1010 AD during the Dinh and early Le Dynasties is Hoa Lu which however has left its legacy in the form of two small temples each one nearly a thousand years old. From here we take bicycles and ride 15klms through beautiful moun tain passes to our lunce stop. The next stop of our trip is Tam Coc which is surnamed...Source : Travelblog (subscribe)

New CPI formula (Mar 8)
The black-and-white television set included in the original CPI formula 15 years ago has been removed from the General Statistical Office's CPI formula for 2009-2014 and replaced by an LCD television. Such a change reflects shifting Vietnamese consumption patterns and helps to make the CPI a more accurate yardstick of commodity prices.