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Take a deep breath, here's the stock market report for the Saigon Times. The Vietnamese exchange opened 2000. Trading is done in the rather unfortunately-named Vietnamese dong.

I really don't know what most of this means, but I assume it's a good sign. Free enterprise seems to be catching on. Believe it or not, property prices in Hanoi rival those of New York and Tokyo.

Vietnam has followed the other South Asian countries down the path of economic reform. I guess it's sort of a domino effect.

Posted by edelfenbein at December 27, 2005 4:26 AM