September 9, 2011
The dong’s chronic weakness has repelled foreign investors and hampered attempts by Vietnam’s policymakers to reverse the faltering fortunes of an economy that only five years ago was one of Asia’s most promising. Until Vietnam rebuilds trust by decisively taming the region’s worst inflation and narrowing sizable trade and budget deficits, the risks of [...]
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February 26, 2009
Craft villages are facing extreme difficulties. Many are at the brink of bankruptcy. Local authorities seem to have no solutions to assist them. “In 2007, I had six weaving machines operating and hired 4-5 workers to produce 40m of silk a day. Since mid 2008, I have had to reduce my output. Only I and [...]
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