[sustran] Vietnam prepares for boom times
Todd Edelman
edelman at greenidea.info
Sun Jan 7 11:06:17 JST 2007
Vietnam prepares for boom times
Vietnam is expected to become a member of the World Trade Organisation
next week. The deal will help a country once regarded as a backwater to
catch up with its economically successful neighbours.
Unqualified terms: Catch up; Boom times
Excerpt:
"Economists say that soon - maybe as soon as next year - the income of
Vietnam's city families will reach the size when they will start to buy
cars.
And if that happens, then the flow of the hordes of mopeds will be
replaced by logjams, and the human scale and amiability of this low-rise
city will be shoved aside by angry people in static tin boxes and looming
skyscrapers like the other cities of Asia.
The authorities have big plans for public transport, and as this is still
a centrally directed economy they may be able to get their way [but...."
Full story:
http://news.bbc.co.uk/2/hi/programmes/from_our_own_correspondent/6234089.stm
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Todd Edelman
Director
Green Idea Factory
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++420 605 915 970
Skype: toddedelman
edelman at greenidea.eu
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