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Vietnam's Hard Line on Soft Drinks

Vietnam isn’t being very hospitable to two of its most prominent American multi-nationals.  Starting next July, the finance ministry wants to impose a 10%  tax on carbonated soft drinks — which is to say Coke and Pepsi. 196 more words

Vietnam Business

Is Vietnam's Economy Doomed?

Japanese economist Kenishi Ohno says Vietnam has fallen into the feared middle income trap — perpetual stagnation after stalling on the past to prosperity.

He says the country faces a social crisis because it failed to heed warnings six years ago.   177 more words

Vietnam Business

Vietnam's Capitalism Learning Curve

Vietnamese authorities are disappointed by the results of this year’s initial public offerings of state-owned enterprises.  The companies were able to sell only 27% (84 million) of the more than 300 million shares offered –and foreigners bought only 10 million.   162 more words

Vietnam Business

Will Vietnam Achieve 14% Annual Growth?

Vietnam’s economy has grown 5% this quarter, slightly faster than the first quarter in 2012 and 2013, with a $1 billion trade surplus and growth especially robust in the Saigon region.   214 more words

Vietnam Business

Vietnam's bridges are so bad, kids have to float in plastic bags to get to school

Vietnam’s bridges are in a sorry state. Nine people were killed and 41 injured when a pedestrian bridge collapsed last month—and that’s where the bridges exist at all. 387 more words