A new Taiwanese clone?

Article Abstract:

Taiwan's successful export-import industrialization strategy would work well in Vietnam, if the Vietnamese government would remove barriers to private enterprise. Taiwan and Vietnam have shown good development of human resources. The export-import industries use low-wage labor from rural areas and managerial expertise imported from other countries. However, if Vietnam wants to follow Taiwan's success, it will need to accept the concept of a free market economy. Currently, the private corporate sector is very small in Vietnam and the government appears to want control of the market.

Vietnam, International trade

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Trouble in Eden: Japan's economic slump is hitting home in Hawaii

Article Abstract:

Japanese investment in Hawaiian real estate has declined significantly since intense activity in the 1980s boosted prices to absurd levels. This flood of Japanese investment allowed for most of Hawaii's economic growth during that decade. Several factors account for the current decline such as the raising of interest rates by Japanese banks and the severity of the recession in Japan. Tourism, a $10 billion industry in Hawaii, has also suffered from a drop in Japanese business. Economic recovery in Hawaii in 1993 has so far been slow.

Economic aspects, Travel industry, Real estate industry

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Paradise discounted: Taiwanese investors strike a Hawaiian hotel bargain

Article Abstract:

Owners of the Hyatt Regency Waikoloa sold the Hawaiian hotel at a bargain to to cut losses in the declining tourist trade. The hotel cost $360 million to build and was owned by Japanese and American interests. An unofficial estimate of its sale price was only $60 million. The official owners are American and unknown foreigners presumed to include Taiwanese. The sale marks a trend of Taiwanese interest in Japanese investments in Hawaiian properties which were inflated in earlier years.

Finance, Seaside resorts, Hyatt Regency, Waikoloa, Hawaii

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