"Vietnam's persistent trade deficit widened to its largest point in 17 months in May, putting further pressure on authorities to address imbalances in the economy."
Vietnam Stocks Tumble, Lead Decline in Asia on Inflation Concern ( San Francisco Chronicle 25/5/1 )
"Real estate investors in Vietnam have been forced to seek further financial assistance after commercial banks have restricted loans for developments."
In recent weeks, street loudspeakers have urged Vietnamese people to vote in National Assembly elections with propaganda art and posters around the city extolling the virtues of the Communist Party of Vietnam (CPV). ( ... ). It's not the type of democracy Thich Quang Do - who has been jailed several times over the years for his pro-democracy advocacy and once accused by authorities of working for the US Central Intelligence Agency - has been fighting for.
" Though the fanfare leading up to the polling was grand, with parades and red banners streaming across roadways proclaiming, "Long live the glorious Communist Party of Vietnam," the 500 members elected to the lawmaking National Assembly will not alter the country's direction regardless of who's selected."
" It seems like Vietnam has been the next big thing for quite a while. Vietnam did very well in the 1990s and through the turn of the century. For the past two years, however, despite all the advantages it possesses, the Vietnamese government has managed only to destabilize a promising economy. "
"A decade after China’s Communist party decided to embrace business chiefs, there are tentative signs that the more cautious Communist leadership in neighbouring Vietnam is starting to reach out to the business community amid efforts to
stabilise the fast-expanding but unbalanced economy."
" Vietnam has been one of the world's most impressive growth stories over the last two decades. Over the last 10 years in particular it has integrated into the global economy, becoming an attractive business location. Yet the economy faces internal weaknesses and challenges, reflected in low competitiveness in different aspects. Moreover, rapid and complex external changes are affecting Vietnam's open economy in increasingly significant ways. "
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