Vietnam News Links for July 21, 2008

The bigs new of the day was the lifting of prices for fuel in Vietnam by the government and the fears of inflation that may result.  The dollar is fetching a higher price in the black market again.

Umm, I do not think they made a smart move here especially with a population that is still young to market economics.  I expect my sinh to, pho, cafe sua da, etc., to be increased another 1000-2000 VND in the next couple of days.

• Vietnam lifts fuel prices, raises inflation risk


• Petrol price surges to VND19,000/litre, dollar price skyrockets

For a funny news link, the Vietnamese Coast Guard seized about 4 tons of rusty Vietnam War-era bullets from fishermen.  The fishermen wants to sell the bullets as scrap metal.