Vietnam: Vietnam May be heading towards financial crisis?

dianelxf · Newbie Joined: 05 Jun 2008 Posts: 1

Have recently read something on Straits Times Singapore saying that Vietnam is at risk of a severe crisis, as overheating symptoms emerge similar to those seen before Thailand's 1997 crash.

What is your views?

joe0528 · Junior Poster Joined: 22 May 2007 Posts: 22

I do read some news about the hardship for the manufacturing business over there due to the competition, rising cost, unstable electricity supply, labor protests, etc. A lot of manufacturers are moving out to North Korea or other countries that provide cheaper cost. Hence I think if they can solve the problems, they will move forward, or they will learn the lesson from the market.

HenryTo · Posted: Thu Jun 05, 2008 10:01 pm Post subject:

Merrill on Vietnam:

http://www.bloomberg.com/apps/news?pid=20601087&sid=al._tbRwOrJE&refer=home