Rama in Vietnam
Another one bites the dust, walking shamelessly down Mr Karat’s “pro – imperialist” path, and that is none other than Vietnam, run by his comrades. The latest emerging market that is being deluged with attention from America Inc is Vietnam. The Wall Street journal has frequent Vietnam stories; and in true American Inc. fashion, there is a rush to hold emerging market conferences and strategy sessions in Ho Chi Minh city, with well arranged tours of the hinterland, so that the American senior management team can understand what it takes to capture Vietnam, so to speak. And as a bright young man who works in the region was explaining to me on a flight back from Saigon, whenever there is an American business leader of Fortune 100 CEO rank visiting Vietnam, the visit carries all the courtesies extended to highly placed political figures, which includes the top brass from Hanoi […]