Summer 2010 is Coming!
I know what you’re thinking. There’s still snow outside. It’s cold and rainy. You’re still planning your next ski trip. BUT…talk of summer internship is all the rage right now, and it looks like everyone has some kind of plan to get out of Cambridge and into something exciting.
What about me? It looks like I’ll be spending another summer in Vietnam! Yes. The land of Communism, cheap beer, and motorcycles. I’m not exactly sure what I will be doing in Vietnam. This will be decided in due time. But the important facts about being there and lined up. And yes, it will be bittersweet coming back to my motherland…
Last summer seems like it wasn’t that long ago at all. I took an advanced Vietnamese course funded through the Fulbright program, which was quite awesome. I barely had time to update the blog during that season, but I definitely have the pictures to prove that it happened. I hope that this time around I will be able to get a closer look at the Vietnamese economy in addition to working on my language skills.
You may have heard about Vietnam’s latest issues. Macroeconomic troubles are on the horizon for the country…that is, if it doesn’t fix it’s financial regulatory and currency regime. It has had q number of infrastructure projects lined up…some with a great deal of trouble…and in all sorts of sectors, from transportation to nuclear power. In some optimistic scenarios, within 10 years, Vietnam will have it’s own high speed rail system (going 100+ mph), a new metro train system in Saigon, new deep water seaports, a brand new international airport in Saigon, elevated highways, nuclear power, a burdeoning healthcare and pharmacutical industry, an electronics manufacturing cluster, etc. Basically, people think that the place is goingto develop fast.
But who’s right? Are there economic troubles on the way? Or a bright future for this country that is just starting it’s climb from post-colonial, post-Communist beginnings. I think you will just have to wait and see. There are a number of people studying these issues, including the Harvard Kennedy School’s Vietnam Program and the Fulbright School in Ho Chi Minh City. The verdict is still out…



