Tuesday, December 18, 2012

Vietnam Economic Situation

http://www.nytimes.com/2012/08/23/business/global/23iht-vietnam23.html?pagewanted=all

We've been touring Vietnam and asking people what they thought about the economic situation of their country. Many of them answered that they were afraid of an economic meltdown. When we went to go investigate more about this, we came across the building as shown in the picture. We learned that this was supposed to be a Saigon Residence, or an apartment building, and they only got as far as the first floor when they didn't have enough money to finish the project. This is not the only place where we have seen this. Many projects lay in a pile of moldy bricks, rusted pipes, and rusting steel rods. This, apparently, is not an uncommon thing to see in Vietnam. However, it surprised  us.

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