Traffic Problem in Hanoi 1000th Anniversary

In the year of 1010, Ly Cong Uan, one of VN King, decided to move capital from Hoa Lu to Thang Long (Hanoi). This year Vietnam will celebrate the 1,000th anniversary with a great ceremony (from 1st to 10th of October). There will be many events during this period, so traffic in Hanoi will be …

Is Vietnam Finally Ready for Foreign Investors?

Has Vietnam’s moment finally arrived? Explosive wage growth and labor strife in China and India, favored destinations for foreign investment in Asia, have multinationals taking a serious look at Vietnam as a low-cost alternative for new factories and call centers. “We’re cheaper—much cheaper,” says Nguyen Than Nam, chief executive officer of FPT, a Hanoi-based IT …