Vietnam prepares for boom times
- 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
"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
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...."
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a member of World Carfree Network
- The article is misleading; the reason people can't
afford cars is that the tax is so high. If WTO forces
the govt to lower the tax, it would be a disaster.
This to me is the ugliest part of the WTO, not
allowing govts to have perfectly reasonable
regulations to prevent growth in car ownership!!
My sources tell me that the govt is trying to
counter the situation by passing regulations that you
have to have sufficient parking space before you can
buy one...but yes it looks grim. On my last trip to
Hanoi I saw a gated community, really depressing in a
city which suffers from a lot less income inequality
than most. Apparently current car owners are already
pushing for more parking spaces, and the govt is
having a hard time resisting.
We're trying to promote cycling in Hanoi, but it's
hard in a city where everyone used to cycle and
considers it hard work and outdated.
If anyone has a brighter side to this situation,
I'd love to hear it. :-)
--- Todd Edelman <edelman@...> wrote:
> 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
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