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A World of Trouble, the sequel

BOSTON — As the global economic meltdown deepened two months ago, we wondered how the crisis was playing out — on the ground and in real time — in all corners of the world. So we set loose 20 correspondents in 20 countries — from high-fliers China and India, to economic powerhouses Japan and Brazil, to struggling economies across Europe, Africa and the Middle East. They came back with this depressing picture.

Crisis puts migrant workers in a bind

PRAGUE — When the global demand for consumer goods tumbled, production and assembly line jobs here evaporated. The consequences for some migrants from the developing world have been catastrophic. With jobs scarce, the Czech government decided to try to send some of the migrants home. But for some, the way they came here makes it financially impossible to take advantage of the offer. In one of this city's largest outdoor markets, merchants, many of them from Vietnam, hawk clothes, furniture, food and an assortment of gadgets.

More powerful than a tall building

HANOI — Denouncing a multimillion-dollar foreign-backed project is the kind of thing that can hurt your career in Vietnam, and young Vietnamese typically wouldn’t do it. But Tran Thi Thanh Van is no longer young, and she is hardly typical. The 68-year-old landscape architect, who studied architecture in Maoist China and environmental science in the former East Germany, lives with her husband and their seven dogs in a curious house of her own design, reminiscent of a hollow tree trunk with a goldfish pond in the bottom.

Revisiting the Hanoi Hilton

HANOI — Senator John McCain returned Wednesday to Hoa Lo Prison, the place known to the American prisoners of war who spent time there as the “Hanoi Hilton.” If the jail where he once sweated out months in solitary confinement still had any emotional power for him, it was not immediately apparent. McCain kicked off his jaunt to Vietnam Monday with a relaxing night on a luxury cruise ship on Vietnam’s beautiful Ha Long Bay. He later spent his hour at the prison playing tour guide to fellow senators Amy Klobuchar (D-Minn.) and Lindsey Graham (R-S.C.).

VietNamNet: Vietnamese business warned against "foreign fraud"

VietNamNet Bridge – State management agencies have advised businesses to be wary about capital offers, citing a lot of swindling cases in which Vietnamese businesses suffered. Dr Le Xuan Nghia, Deputy Chairman of the National Committee for Financial Supervision (NFS), said that to date, NFS has received more than 2,000 applications from foreign entities offering loans. However, Nghia said that all the applications were ruses.

VietNamNet: Vietnamese hunting for houses in the U.S.

Nga and her husband have decided to buy a house in Las Vegas in Nevada, which is now offered at  $350,000, or $150,000 cheaper than the level offered the same period of the last year. Nga said that she is planning to make another trip to the U.S. to fulfill the formalities to purchase the house, hoping that she can get it at less than U.S. $300,000. Nga related that a friend of hers, after three trips to the U.S., had successfully purchased a good house in California. “It will take her two or three more trips to fulfill formalities,” Nga said.

Down and out in Ho Chi Minh City

HO CHI MINH CITY — Two years ago Le Thi Cuc, 35, left her farming village in central Quang Binh Province and came to the big city to take a job at a garment factory. 10 hours a day, 6 days a week, she sewed T-shirts for Western brands like Old Navy and The Gap, taking home about $60 a month. It wasn’t much, just enough to pay her expenses and send $10 home to her aged parents and five siblings, but it was better than the desperate poverty of Quang Binh, and she had every reason to think things would improve.

Exports vs. GDP: use value-added, not headline!

I'm always getting on the case of Vietnamese economics reporters for using statistics inappropriately, so I was embarrassed to read an article in this morning's Vietnam Investment Review, by Nguyen Thanh Ha and Hoang Viet Phuong of Saigon Securities (article not on website), that revealed I've been using some wrong statistics myself.

The pitfalls of pacification

LONG AN PROVINCE, Vietnam — My Hanh, 20 miles west of Ho Chi Minh City, is a prosperous town of brick and concrete farmhouses interspersed with huge Japanese-owned electronics factories. When Cai Van Minh, 56, was growing up during the Vietnam War, My Hanh was a tiny village surrounded by an unbroken expanse of rice paddies and thatched-roof bamboo huts. In March 1963, the South Vietnamese government ordered Minh and his family to leave My Hanh, relocating them into a brand-new “strategic hamlet” half a mile away called Tram Lac.

Lessons of Vietnam

HO CHI MINH CITY — The U.S. Army would very much liked to have killed Nguyen Huu Nguyen in 1968.
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