Vietnam takes anti foreign investment stance


Business website Intellasia.com closed due to political duress
 

December 8: Again the political police of Vietnam is illegally blocking the Australian-owned and published business news website.
Right as the annual Vietnam Business Forum (VBF) sat to discuss the myriad and perrenial problems facing foreign investment in Vietnam and the incessant sidestepping of World Trade Organisation commitments, the political police stopped all access to Intellasia within the country.
The political police have been waging a brutal campaign against Intellasia.com (est. 2001) and recently Intellasia.Net by persecuting the Australian owner – a 14 year resident of Vietnam – his family, and acquaintances for six months.

All ISPs in Vietnam are again denying access to our readers and clients in Vietnam.

Since attaining WTO membership in January 2007, Vietnam has blatantly turfed out financial and business commitments and pledges it had cynically signed as a blind with third party dialogue countries in its ten-year bid for WTO admittance.

Furthermore, the government has given the political police carte-blanche to use any means at their disposal to suppress and forcibly remove independent foreign-owned online news entities in lieu of state-controlled agencies.
This is termed the new Vietnam State Oligarchy where all business is directly or indirectly controlled by the state and Communist Party officials for their cush.



Foreigners should beware the unstable foreign investment situation under the state oligarchy in Vietnam
 

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