The Tiger Economy Stops Roaring at FinGad.com

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Categorie: IPO / Secondary Offering
Submitted 5 months ago by

Lovephileo , WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER

A year ago, Vietnam's stock market was one of the hottest on earth, the tiger's real estate market was soaring and roaring with an economic growth blazing at 8.5%. Exports were booming and foreign investment was flooding in, helped by the countries admission to the World Trade Organization. And just a few months ago, Vietnam was touted as the new China, with its celebrated fast-growing economy - drawing billions of dollars in foreign investments and with the biggest market reform success stories. Today, Vietnam's roaring economy shuts up - workers, investors hit hard by market's steep, there is now about an exodus of foreign investments, because the economy is dying and Vietnam is on the brink of currency collapse. Like economies around the world, Vietnam has been buffeted by soaring food and oil prices and authorities are trying to reign in inflation.Now, inflation has hit 25.2%, pinching incomes and workers have been striking for higher wages. Property prices are falling and stock market has plummeted to a two-year low, trade deficit has trippled this year,... More...

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#1 | Liz @ 5 months ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: The current situation no doubt is pulling the economy down but Vietnam has received many foreign investments since last years.
#2 | Lovephileo @ 5 months ago WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER User Rank : 413 Portfoilo Balance: $1,110,169.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Sort of India's short-term economic difficulties. Both were struggling from the US credit crunch scenario; Unlike China .though affected by - still manage to survive an international trade. You can still find technology , manufactured items made from China elsewhere. Well, I have not heard or seen anything made in India, or Vietnam///
#3 | Liz @ 5 months ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Well, that's true. You can see 'made in China' at the back of the electrical appliances, clothes, accessories and so on.. hardly see India and Vietnam.
#4 | Lovephileo @ 4 months ago WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER User Rank : 413 Portfoilo Balance: $1,110,169.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Chinese have learned the values of independence and deployment instead of employment.
#5 | Liz @ 4 months ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: good say!

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