Country Risk Summary: VIETNAM

December 2003
Asia Monitor: South East Asia Monitor Volume 1;Dec2003, Vol. 14 Issue 12, p6
Country Report
Country Report
The United States and Vietnam have reached a deal which will allow direct commercial passenger and cargo flights between the two countries. Vietnam also hopes to enter the World Trade Organisation (WTO) by 2005, although much work remains to be done before this can be achieved. Vietnam's short-term political risk rating remains on 80.0 despite the improvement in U.S. relations. Vietnam's economic risk rating remains on 50.0 despite the downgrade. In the latest evidence of deteriorating industrial relations in Vietnam more than 1,000 employees at a South Korean clothing factory, Konam Apparel Vietnam, went on strike in Ho Chi Minh City in October, demanding that their employers make the required social and health insurance payments.


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