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Vietnam Struggles to Increase Growth
11 Jun 2012 The Wall Street Journal Asia BY VU TRONG KHANH AND PATRICK BARTA HANOI—Vietnam’s decision to cut interest rates for the fourth time this year marks policy makers’ latest effort to revive an economy that once was among Asia’s fastestgrowing. Vietnam is cutting interest rates again to encourage economic growth. Above, a vendor…
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Denmark discontinues projects in Vietnam for misuse of funds.
Last update 04/06/2012 08:00:00 AM (GMT+7) Denmark stops ODA grant for three projects VietNamNet Bridge – All four inspected Danish-funded projects committed misuse, with fault completely made by the Vietnamese partners. Denmark has suspended funds to three of them. Christian Friis Bach, Denmark’s Minister for Development Cooperation announced to stop funding for three projects in…
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Forced labor used in Vietnam’s drug detention centers
According to Human Rights Watch’s report titled The Rehab Archipelago, “Vietnam’s system of forced labor centers for people who use drugs has expanded over the last decade. In 2000, there were 56 drug detention centers across Vietnam; by early 2011 that number had risen to 123 centers. Between 2000 and 2010, over 309,000 people across…
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Vietnam-China smuggling surges
Financial Times May 29, 2012 6:35 pm By Ben Bland in Mong Cai Although it looks to be the easiest way to move goods across the narrow river that separates the Vietnamese city of Mong Cai from China, there is surprisingly little traffic on the official border bridge. Apart from a few Vietnamese tourists returning…
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Weak enforcement hampers Vietnam’s anti-corruption efforts
Mon, 12 Sep 2011 11:34 GMT Source: Content partner // Thomson Reuters Accelus A bank staff stacks Vietnamese dong banknotes at a bank in Hanoi 29/11/2010 REUTERS/Nguyen Huy Kham Vietnam continues to be hampered in its anti-corruption efforts despite its government’s recognition of the gravity of the problem and a national strategy aimed at eradicating…