Saturday, October 18, 2014

Wake Up Vietnam!

Toi Tre News, a Vietnamese news source, reported:

The Ministry of Finance has proposed that the government increase the proportion of investment by foreign investors in the Vietnamese stock exchange, Deputy Minister of Finance Truong Chi Trung said at his meeting with David Marchick, the managing director of the U.S.’s Carlyle Group on Friday.
Will Vietnam openly welcome private equity underwriters (PEU's). like Carlyle? 

French colonization of Vietnam had the goal of economic profitThe Vietnamese either collaborated with the French or remained poorly paid laborers. Collaborators joined the lower levels of the French bureaucracy, made a decent wage, and benefited from the partnership.
The PEU-ization of Vietnam has a similar aim.