Saturday, September 12, 2009

Vietnam The Booming Neighbour




I just got back from my Vietnam business trip today.
Despite the US/Europe recession, Vietnam is basically free from the hit of financial system and depressed of export to USA.
It was the blessing to Vietnam closed financial system free from so-called American innovative financial products.
In regards to the export sector, Vietnam was relatively much lower than China and neighbour countries in term of her volume to USA.
It means that while the world was crying for the crisis months ago, Vietnam with its low profile has been "progressing" as usual.
We can see the mega factory model and booming in luxurious car industry this round.

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