Vietnam News 101

BANKING ON VIETNAM'S GROWTH, BusinessWeek

ANZ's 10% stake in the country's No. 1 commercial bank is a bet on the future and the market's potential

Melbourne-based Australia & New Zealand Banking Group in late March became the first foreign bank to buy into a Vietnamese commercial bank. ANZ (ANZ ) spent $27 million for a 10% stake in Sacombank, Vietnam's largest commercial bank, outbidding rivals HSBC Group (HSBCX ) and Citigroup (C ). ANZ Group Managing Director for Asia Pacific Elmer Funke Kupper recently spoke to BusinessWeek Asia Correspondent Frederik Balfour about Vietnam's fledgling banking industry and why this investment should pay off. Here are edited excerpts of their conversation.(For more on Vietnam's economic resurgence, see BW Online, 4/5/05, "Vietnam: Vibrancy Revived")

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URL: http://www.businessweek.com/magazine/content/...

REAL ESTATE BOOMS IN COMMUNIST VIETNAM, by Michael Sullivan, NPR.ORG

February 7, 2008 · Home prices may be slumping in the United States but in communist Vietnam, they are going through the roof.

In Hanoi, Bui Vu Thi has a new apartment in a good neighborhood with two bedrooms, one bath and a great view of the lake. She bought it three years ago, before it was even built. With some help from her parents, she paid $92,000 in cash. Today, she says, it's worth three times that.

In Ho Chi Minh City, formerly Saigon, the market is even hotter. Last month, developers put a 580-unit project on the market where the cheapest apartment cost $280,000. All of the units were sold in less than a day; more than 5,000 people showed up with deposits in-hand for a chance to buy.

Jonathan Pincus, a senior country economist for the United Nations Development Program in Vietnam, says that the real estate boom is largely speculation from people with excess cash.

"You could buy gold, I guess, but gold is at record high prices. For a while, people were putting money in the stock market, but that didn't do so well last year. So what choices do people have if they do have cash to invest?" Pincus says.

There's a lot of cash in Vietnam today, and more coming in foreign capital remittances from Vietnamese living and working overseas. The remittances are worth an estimated $5 billion a year; a lot of that money is flooding into the property market, pushing prices up.

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Ryan Boston wrote:

REAL ESTATE BOOMS IN COMMUNIST VIETNAM, by Michael Sullivan, NPR.ORG
February 7, 2008 · Home prices may be slumping in the United States but in communist Vietnam, they are going through the roof.
In Hanoi, Bui Vu Thi has a new apartment in a good neighborhood with two bedrooms, one bath and a great view of the lake. She bought it three years ago, before it was even built. With some help from her parents, she paid $92,000 in cash. Today, she says, it's worth three times that.
In Ho Chi Minh City, formerly Saigon, the market is even hotter. Last month, developers put a 580-unit project on the market where the cheapest apartment cost $280,000. All of the units were sold in less than a day; more than 5,000 people showed up with deposits in-hand for a chance to buy.
Jonathan Pincus, a senior country economist for the United Nations Development Program in Vietnam, says that the real estate boom is largely speculation from people with excess cash.
"You could buy gold, I guess, but gold is at record high prices. For a while, people were putting money in the stock market, but that didn't do so well last year. So what choices do people have if they do have cash to invest?" Pincus says.
There's a lot of cash in Vietnam today, and more coming in foreign capital remittances from Vietnamese living and working overseas. The remittances are worth an estimated $5 billion a year; a lot of that money is flooding into the property market, pushing prices up.
To continue, click here
URL: http://www.npr.org/templates/story/story.php...

national public radio .org

news ? ;-)))))))))

Ryan Boston wrote:

REAL ESTATE BOOMS IN COMMUNIST VIETNAM, by Michael Sullivan, NPR.ORG
February 7, 2008 · Home prices may be slumping in the United States but in communist Vietnam, they are going through the roof.
In Hanoi, Bui Vu Thi has a new apartment in a good neighborhood with two bedrooms, one bath and a great view of the lake. She bought it three years ago, before it was even built. With some help from her parents, she paid $92,000 in cash. Today, she says, it's worth three times that.
In Ho Chi Minh City, formerly Saigon, the market is even hotter. Last month, developers put a 580-unit project on the market where the cheapest apartment cost $280,000. All of the units were sold in less than a day; more than 5,000 people showed up with deposits in-hand for a chance to buy.
Jonathan Pincus, a senior country economist for the United Nations Development Program in Vietnam, says that the real estate boom is largely speculation from people with excess cash.
"You could buy gold, I guess, but gold is at record high prices. For a while, people were putting money in the stock market, but that didn't do so well last year. So what choices do people have if they do have cash to invest?" Pincus says.
There's a lot of cash in Vietnam today, and more coming in foreign capital remittances from Vietnamese living and working overseas. The remittances are worth an estimated $5 billion a year; a lot of that money is flooding into the property market, pushing prices up.
To continue, click here
URL: http://www.npr.org/templates/story/story.php...

REAL ESTATE BOOMS = Ka Booms.
what a booms ?
hope you still have your shirt on.

what's shirt? He can rob another non-VC vietnamese for another!...hahaha

tito wrote:

<quoted text>
REAL ESTATE BOOMS = Ka Booms.
what a booms ?
hope you still have your shirt on.

INTEL RESHAPING VIETNAM WITH BILLION-DOLLAR CHIP-ASSEMBLY PLANT,
By John Boudreau, Mercury News, Article Launched: 04/17/2008

HO CHI MINH CITY, Vietnam - Intel's billion-dollar Vietnam bet along the Hanoi Highway - its biggest semiconductor manufacturing plant ever - is rising up from the flatlands of former rice fields.

The Santa Clara chip giant jolted the tech world two years ago when it announced it would build a massive assembly factory in this Southeast Asian country known more for making shoes and growing crops than assembling key PC components. Intel picked Vietnam, a nation of 85 million that lacks a single world-class university, over India, whose army of engineers has reordered the global software industry.

"We are not afraid to be first," said Rick Howarth, Intel's lanky general manager overseeing the 115-acre construction site in the new Saigon Hi-Tech Park. By the end of 2009, chipsets (pairings of more than one chip used for specialized tasks) are expected to roll off the assembly line to feed the company's massive global supply chain from a complex that will equal the size of nearly nine football fields and employ about 4,000 workers.

The project, dubbed A-9 - nine is an auspicious number in Vietnam - is emblematic of Intel's muscular role as an iconic industry leader that can influence the fortunes of nations merely by deciding where it will plant its next factory.

In Malaysia, which 35 years ago became Intel's first site outside the United States, the company helped to create a tech ecosystem with its $3.3 billion investment in testing, assembly and design facilities, which created 10,000 jobs.
More recently, Intel began construction on a $2.5 billion wafer fabrication facility in the northeastern Chinese city of Dalian, a project Chinese officials hope brings high tech to a high-unemployment region with more pollution than opportunity.

In Vietnam, Intel's decision to open a new global outpost involved an exacting process, from analyzing the country's educational curriculum to secret negotiations with government officials still learning the ABCs of market economics.

Years of on-the-ground investigating by a crack team of company experts - and a cross-Pacific courtship by Hanoi - led to the decision to roll the dice in this developing country. Vietnam's attractions include a young, low-cost workforce, proximity to China and the government's bend-over-backward policy to attract powerhouse multinationals.

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URL: http://www.mercurynews.com//ci_8955618...

Ryan Boston wrote:

INTEL RESHAPING VIETNAM WITH BILLION-DOLLAR CHIP-ASSEMBLY PLANT,
By John Boudreau, Mercury News, Article Launched: 04/17/2008
HO CHI MINH CITY, Vietnam - Intel's billion-dollar Vietnam bet along the Hanoi Highway - its biggest semiconductor manufacturing plant ever - is rising up from the flatlands of former rice fields.
The Santa Clara chip giant jolted the tech world two years ago when it announced it would build a massive assembly factory in this Southeast Asian country known more for making shoes and growing crops than assembling key PC components. Intel picked Vietnam, a nation of 85 million that lacks a single world-class university, over India, whose army of engineers has reordered the global software industry.
"We are not afraid to be first," said Rick Howarth, Intel's lanky general manager overseeing the 115-acre construction site in the new Saigon Hi-Tech Park. By the end of 2009, chipsets (pairings of more than one chip used for specialized tasks) are expected to roll off the assembly line to feed the company's massive global supply chain from a complex that will equal the size of nearly nine football fields and employ about 4,000 workers.
The project, dubbed A-9 - nine is an auspicious number in Vietnam - is emblematic of Intel's muscular role as an iconic industry leader that can influence the fortunes of nations merely by deciding where it will plant its next factory.
In Malaysia, which 35 years ago became Intel's first site outside the United States, the company helped to create a tech ecosystem with its $3.3 billion investment in testing, assembly and design facilities, which created 10,000 jobs.
More recently, Intel began construction on a $2.5 billion wafer fabrication facility in the northeastern Chinese city of Dalian, a project Chinese officials hope brings high tech to a high-unemployment region with more pollution than opportunity.
In Vietnam, Intel's decision to open a new global outpost involved an exacting process, from analyzing the country's educational curriculum to secret negotiations with government officials still learning the ABCs of market economics.
Years of on-the-ground investigating by a crack team of company experts - and a cross-Pacific courtship by Hanoi - led to the decision to roll the dice in this developing country. Vietnam's attractions include a young, low-cost workforce, proximity to China and the government's bend-over-backward policy to attract powerhouse multinationals.
To Continue, click here:
URL: http://www.mercurynews.com//ci_8955618...

more about chip n wafer

http://sst.pennnet.com/home.cfm...

in MA co' grow sapphire ?

Nhung ai chua doc bai nay xin danh vai phut de doc , de thay mot su that phu phang :
CUOC AN CAP KHONG LO

http://www.vietvungvinh.com/Portal.asp...

WARNING CONCERNING ADOPTIONS IN VIETNAM

Embassy of The United States - Hanoi, Vietnam
April 2008

The Department of State continues to urge prospective adoptive parents and adoption service providers not to initiate new adoptions from Vietnam at this time. The 2005 Memorandum of Agreement, required by Vietnamese law to authorize adoptions between the United States and Vietnam, expires on September 1, 2008.

In addition, recent field investigations have revealed incidents of serious adoption irregularities, including forged or altered documentation, mothers paid, coerced or tricked into releasing their children, and children offered for adoption without the knowledge or consent of their birth parents.

Read more .....

http://vietnam.usembassy.gov/adoption_warning...

khon nan cho de bac ky an cap em be?

hoi nao?

vay sao?

su that vay ha?

NO f-fin way!

VCbac ky cho de wrote:

khon nan cho de bac ky an cap em be?
hoi nao?
vay sao?
su that vay ha?
NO f-fin way!

Viet Nam should adopt US's Amber Alert Law.

http://tintuc.timnhanh.com/kieu_bao/chan_dung...

Again VQs are good and helpful. VCs are bad and selfish, worse they steal
http://tintuc.timnhanh.com/kieu_bao/chan_dung...

Chong` muon' dot' vo. va minh che't vi` vo. benh. hoai khong khoi? Do' la AmNo TuDo HanhPhu'c suot tu khi Ho tuyen bo' mua thu 45 o? BaDit.
http://tintuc.timnhanh.com/phap_luat/20080430...

Giam Doc kieu VC la lua dao? mot dat' nuoc ngheo nan` ma lua` duoc gan 2 trieu dola...
http://tintuc.timnhanh.com/phap_luat/20080429...

Dan lao dong lam viec kho? so? nguy hiem? va luong te. hai o? cac' mo? than trong khi bon. VC cap' cao trong cong ty ban' lau. 10 trieu tan' than da'...van? vo tu*
http://www.tuoitre.com.vn/tianyon/Index.aspx...

Hay xem mot dat nuoc ma dan chung' ko phai hi sinh 3 trieu, va lam no le. cho CS den' 62 nam. Ma` muc' song' cua? dan chung' gap' 20X dan VN, mac du chang? lam viec gi cuc. nhoc. het'
http://www.youtube.com/watch...

Ho wanted Marx and Lenin inside him. However, new VCs want Intel inside
http://www.thenewstribune.com/business/story/...

0ChoDe 0LaHCM wrote:

Giam Doc kieu VC la lua dao? mot dat' nuoc ngheo nan` ma lua` duoc gan 2 trieu dola...
http://tintuc.timnhanh.com/phap_luat/20080429...

Good student of American style capitalism.

SEEKING WAYS OUT OF STOCK MARKET SLUMBER

Intellasia - Dau Tu Chung Khoan page 22
Apr 30, 2008 - 7:08:00 AM

Vietnam's stock market has unexpectedly gone ups and downs over the last year. The market has prevailingly witnessed downward corrections, especially since the start of this year.

VN Index by April 23 dropped to 523.25 points, down by 40.8 % against the lowest level in 2007, down by 73.2 % against the highest level and down by 55% against the average level.

http://www.intellasia.net/news/articles/stock...