Word: vietnamize
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Bush had come to Hanoi, once the capital of godless North Vietnam, for an annual international forum, the Asia-Pacific Economic Cooperation meeting. Attendance at such summits is perhaps the part of the presidency he will miss least, press conferences excepted. And this time, he had more to fret about than staged intimacy and flabby bloviating. What about a nation that overwhelmingly backs its President when he sends troops into battle, then sours on the idea when swaths of society decide that intervention was a mistake? That was the U.S. in 1968, and it's the country Bush could wind...
Fifteen years ago, in the flush of his Gulf War triumph, President George H.W. Bush crowed to state legislators, "By God, we've kicked the Vietnam syndrome once and for all." But now, as Washington's wise men look for a way out of a situation in Iraq , the symptoms of that malady seem to be reappearing. Asked in the Rose Garden in June if he saw a parallel between Iraq and Vietnam, the President replied curtly, "No." But he is now embracing the inevitable, and he answered yes last week when asked roughly the same question at the Sheraton...
...small but fast-growing consumer class, where less than 5% of people have bank accounts or insurance policies. Foreign firms may crowd out inefficient state-run companies, but many Vietnamese look forward to having more choice in their daily lives. Le To Nga, 65, lived through the Vietnam War and stood in line for ration cards in the 1980s. Today, she's happily filling her shopping cart at Big C, a vast new supermarket on Hanoi's outskirts run by France's Casino Group. Shopping "is not a matter of patriotism at all," Nga says. "These days, we just...
...Vietnam's path into the global economy is not without speed bumps, however. There's the ingrained culture of corruption, secrecy and state intervention. Rules are often ignored in business dealings here - and the WTO is all about rules, from treating foreign companies fairly to dropping tangled customs regulations. But the largest obstacle may be persuading U.S. legislators - mindful of the impact on the U.S. of the flood of cheap imports and outsourcing that followed China's WTO admission in 2001 - to extend normal trading partner status to Vietnam. Passage of permanent normal trade relations status, usually a WTO formality...
...Thus translator Mai's second-most-important rule of the road in Vietnam: "Always be prepared for someone to do something unexpected...