Chuck Kuhn's Asia in Photos: Vietnam to become Asia?s second largest ?global enterprise?

Saturday, April 5, 2008

Vietnam to become Asia?s second largest ?global enterprise?

Berlin, Apr 04, 2008 (Asia Pulse Data Source via COMTEX) -- -- ? Switzerland?s banking corporation Credit Suisse has reported that Vietnam will become the second largest ?global enterprise? in Asia.
Thanks to structural reform, political stability, pricing advantage, low costs, and younger population in Asia, Vietnam has become extremely attractive, especially after it joined the World Trade Organisation (WTO) in November, 2007, Credit Suisse said in its news network.
Vietnam now belongs to those countries whose market economy has highest growth rate, it added.
Vietnam has developed into a market-oriented economy from the planned one. After joining the WTO, Vietnam has enjoyed an easier approach and integration into the world market, thus helping the country increase its exports.
Vietnam?s average annual GDP increased by 7.1 percent over the past decade, Credit Suisse said, adding that in the past three years, the country?s GDP growth ranked third in the region, just after China and India. ?

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They say "

“I can’t say what made me fall in love with Vietnam - that a woman’s voice can drug you; that everything is so intense. The colors, the taste, even the rain. Nothing like the filthy rain in London. They say whatever you’re looking for, you will find here. They say you come to Vietnam and you understand a lot in a few minutes, but the rest has got to be lived. The smell: that’s the first thing that hits you, promising everything in exchange for your soul. And the heat. Your shirt is straightaway a rag. You can hardly remember your name, or what you came to escape from. But at night, there’s a breeze. The river is beautiful. You could be forgiven for thinking there was no war; that the gunshots were fireworks; that only pleasure matters. A pipe of opium, or the touch of a girl who might tell you she loves you. And then, something happens, as you knew it would. And nothing can ever be the same again.”
― Graham Greene, The Quiet American

Tips on Travel to Vietnam

It's always warm in Southeast Asia apart from high mountains, so leave the heavy clothing at home. Cotton and breathable fabrics are always better than synthetics -- although cotton does wrinkle a lot when traveling! December through April is roughly the dry season in that region, although it can still rain a little. December is a good time to go in terms of temperature -- cooler than in the humid summertime. Either way, wearing more clothing (shirt sleeves and long pants) is always more respectful towards the Asian culture, especially when visiting temples and rural areas.