Abstracts » Business, international

Late into the fray

Article Abstract:

Pres George Bush's decision to allow Americans to open representative offices in Vietnam has made companies more impatient about the 18-year old embargo of Vietnam being lifted. Corporations are anxious to invest in a largely untapped market of 70 million people. Investment areas include Vietnam's petroleum industry, infrastructure, banks and telecommunications, but stiff competition exists from countries such as Japan, Taiwan, Singapore and Hong Kong. Moreover, Vietnam will have to remove existing corruption, improve its weak legal system, bureaucracy and near bankrupt economy.

International relations, Vietnam, United States foreign relations, Vietnamese foreign relations, Bush, George H.W.

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More money than votes

Article Abstract:

Asian Americans have a long way to go before becoming a political force. Rising anti-immigration sentiments and the Los Angeles riots are problematic for some but reasons to strive for political power for others since the Asian American community is relatively wealthy in financial and human resources and is the fastest growing ethnic group in the US. As a result, both the Republicans and the Democrats are attempting the tap them as a resource, enabling them to play a major role in fund raising and to achieve positions of power and prestige through political appointments.

Political activity, Asian Americans, Minority politicians

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Silicon implants

Article Abstract:

Singapore's government-controlled corporations are investing heavily in American high-technology industries in the hope of securing manufacturing and technological expertise for domestic applications. Singapore Technologies Holdings, a state-owned holding company, invests mainly in US computer companies that agree to transfer a portion of the manufacturing process back to Singapore.

High technology industry, Foreign investments, Investments, Holding companies, Economic policy, Singapore, Singapore Technologies Holdings

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