Sunday, June 25, 2006
US, CHINA VYING FOR INFLUENCE IN VIETNAM
5 Asia The Straits Times Tuesday, June 20 2006
Vietnam is one of a developing country of the community of nations of the South-East Asia. Its geography benefits the country a lot. Its shape like the word 'S' with three faces link with ocean and China is already upon it. Commerce between these two countries have begin for thousands of yearsbut it was indeed a bloom after the coming of US. Thirteen years ago, Vietnam's per capita was US$180but it climbed to US$640 last year. In fact, this country allows employers to benefit from their labour'scost with 25 to 30 percent lower compared to its neighbour countries. Of course, US will not let this opportunity swear off and this country invested to Vietnam about US$2 billions last year. Consequently,this investment will benefit the citizens of the two large habitation cities. However, we cannot guarantee the number of years this low labour cost will exist from now on. Then, what will the countrybe the next that US and China vying for?
Vietnam is one of a developing country of the community of nations of the South-East Asia. Its geography benefits the country a lot. Its shape like the word 'S' with three faces link with ocean and China is already upon it. Commerce between these two countries have begin for thousands of yearsbut it was indeed a bloom after the coming of US. Thirteen years ago, Vietnam's per capita was US$180but it climbed to US$640 last year. In fact, this country allows employers to benefit from their labour'scost with 25 to 30 percent lower compared to its neighbour countries. Of course, US will not let this opportunity swear off and this country invested to Vietnam about US$2 billions last year. Consequently,this investment will benefit the citizens of the two large habitation cities. However, we cannot guarantee the number of years this low labour cost will exist from now on. Then, what will the countrybe the next that US and China vying for?
# posted by Jackson @ 8:54:00 PM 
