Tuesday, September 18, 2012

Voice of America: Vietnam's Plan to Open Markets Stirs Concern

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Vietnam's Plan to Open Markets Stirs Concern
Sep 18th 2012, 12:39

Vietnam is planning to open its markets to more foreign-owned securities companies. The plan is part of a broader effort to privatize state-run companies and encourage more foreign investment. But a string of high-profile corruption cases and worries about rising prices, are a concern for many Vietnamese. After a decade of rampant growth, Vietnam's economic prospects have darkened in recent years. Debt-mired banks, badly managed and corrupt state-owned businesses and high inflation have ...

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