Word: minh
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...year-among the fastest rates in the region-and housing prices doubled and tripled, driven up in part by frantic buyers who stood in line to snap up condos before they had even been built. The country's nascent stock market was minting millionaires. In Hanoi and Ho Chi Minh City, their flashy new cars clogged roads better suited for bicycles...
...weaken it further. This past week the dong jumped from 16,120 to the dollar to 18,500 on the black market as traders rushed to put their dong into dollars and gold. The currency swoon makes imports, from food to commodities, more expensive. Jocelyn Tran, whose Ho Chi Minh City company contracts with local factories to supply apparel to U.S. stores, says the price of Chinese-made yarn has jumped 15% this year. "Our factories are absorbing it by cutting out the profit margin," says Tran. Even though some factories have raised wages, she complains that workers are still...
...Crash Course in Safety I couldn't help being amused by Kay Johnson's article "Postcard: Hanoi," which reminded me of my first experience visiting Ho Chi Minh City [Dec. 17]. My entire time there centered on trying to figure out ways to cross the streets with few regulated crosswalks and with often ignored traffic lights. On more than one occasion, I tried to get up the nerve to step out into the oncoming sea of scooters; a kind Vietnamese would take my hand and lead me across, and on the other side, we both would laugh, knowing that...
...Crash Course in Safety I couldn't help being amused by Kay Johnson's article "Postcard: Hanoi," which reminded me of my first experience visiting Ho Chi Minh City [Dec. 17]. My entire time there centered on trying to figure out ways to cross the streets with few regulated crosswalks and with often-ignored traffic lights. On more than one occasion, I tried to get up the nerve to step out into the oncoming sea of scooters; a kind Vietnamese would take my hand and lead me across, and on the other side, we both would laugh, knowing that...
...couldn't help being amused by Kay Johnson's article "Postcard: Hanoi," which reminded me of my first experience visiting Ho Chi Minh City [Dec. 17]. My entire time there centered on trying to figure out ways to cross the streets with few regulated crosswalks and with often ignored traffic lights. On more than one occasion, I tried to get up the nerve to step out into the oncoming sea of scooters; a kind Vietnamese would take my hand and lead me across, and on the other side, we both would laugh, knowing that for a foreigner, navigating...