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VN losing chance to become wealthy during this golden age
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mark_in_saigon



Joined: 20 Sep 2009
Posts: 746

PostPosted: Wed Oct 02, 2013 6:18 am    Post subject: Reply with quote

BBC news story

http://www.bbc.co.uk/news/business-24361121

excerpts below:

Asian Development Bank (ADB) has cut its outlook for developing Asia, citing slower growth in China and India.


"Asia and the Pacific 2013 growth will come in below earlier projections due to more moderate activity in the region's two largest economies and effects of QE nervousness," said Changyong Rhee, chief economist of the ADB.

The bank also revised down the growth forecast for the region for 2014 to 6.2%, from its earlier projection of 6.7%.
Call for reforms

China, Asia's largest economy, has seen its growth hit by a decline in demand for exports from key markets such as the US and Europe.

Its growth rate has slowed for two quarters in a row.

In its latest report, the bank also warned that growth in South East Asia will be hampered by weak performances in Thailand, Indonesia and Malaysia, due to weak exports from these economies.
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TRH



Joined: 27 Oct 2011
Posts: 162
Location: HCMC

PostPosted: Thu Oct 03, 2013 11:12 am    Post subject: Reply with quote

vabeckele wrote:
Why does Vietnam hate China so much???
Don't discount about 1400 years of Chinese domination. For much of this country's history it had been ruled by China or by rulers whose rise was based on expelling the Chinese. This is particularly so in the north. Hai Ba Trung and Le Loi have streets named after them in seemingly every town. Dynasties began and were defined by their periodic expulsions.

By comparison, the French were here for only about 60 years and the American presence barely registers historically.
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vabeckele



Joined: 19 Nov 2010
Posts: 439

PostPosted: Thu Oct 03, 2013 12:16 pm    Post subject: Reply with quote

TRH wrote:
vabeckele wrote:
Why does Vietnam hate China so much???
Don't discount about 1400 years of Chinese domination. For much of this country's history it had been ruled by China or by rulers whose rise was based on expelling the Chinese. This is particularly so in the north. Hai Ba Trung and Le Loi have streets named after them in seemingly every town. Dynasties began and were defined by their periodic expulsions.

By comparison, the French were here for only about 60 years and the American presence barely registers historically.


Okay, okay, you win. A thousand years of Chinese influence probably has a lot more to do with it. Wink
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Oh My God



Joined: 31 Jan 2010
Posts: 268

PostPosted: Wed Nov 20, 2013 12:27 am    Post subject: Reply with quote

http://www.opposingviews.com/i/society/crime/corrupt-bank-officials-get-death-sentence-vietnam?=fb

I should know better than to get my hopes up as corruption is as much a part of history as it is accepted as good manners here in VN.

Don't know if this is exactly the same topic as the OP but in the same ballpark anyway.
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