|
|
- NEWSLETTERS
- MOBILE APPS
-
ADD TIME NEWS
Maybe We Won Hearts and Minds After All
In Moscow they say you can always tell where the Vietnamese workers live because those are the buildings where the taxis line up. Hard-strapped Russians can't afford to take cabs. The collapse of the Soviet Union has unleashed a surprising entrepreneurial streak in the more than 32,000 skilled Vietnamese laborers "stranded" there. More than 4,000 Vietnamese residents of Moscow now boast net worths of more than $100,000. Some are investing their earnings in lavish houses and businesses back home. A Vietnamese commercial center has opened in town to provide office space and services for companies dealing in everything from rice and caviar to fashions. Quips a thriving entrepreneur: "Doing business in Russia now is very easy because the Russians know nothing about capitalism."
Most Popular »
- The End of Audacity
- The Man Behind Russia's Deadly Train Blast
- Hate Your Job? Here's How to Reshape It
- Where Did Health Care Reform Go?
- The Growing Backlash Against Overparenting
- The Pakistani Taliban's War on Schoolchildren
- The Toughest Diet
- Toyota's Big Recall Unlikely to Quiet Critics
- Why Congress is Furious at the Fed
- World's Most Shocking Apology: Oprah to James Frey
- For Churches, Beefed-Up Security Is a Mixed Blessing
- Where China Goes Next
- Could Jacob Zuma Be the President South Africa Needs?
- Is the Dollar Dying a Slow Death?
- New Legal Protections for the Elderly
- To Help the Kids, Parents Go Back to School
- Why Parents (Still) Don't Matter
- Is There Really a Credit Crunch?
- Losing Your Job: A Blow to Your Health Too
- The Road on Film: Beautiful, Bleak





RSS