Word: deeping
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...frustrating proposition. Electricity production is barely meeting demand, which is growing at 15% per year. Roads and ports are increasingly congested. Nike Vietnam's general manager Amanda Tucker says the company's containers sometimes sit on the dock for 24 hours before shipping out. Because Vietnam has no deep-water port to handle the new larger "super-container" ships, most exports must first go to Singapore before shipping to the U.S. and Europe, meaning more expense and delay. "The system is definitely under strain," Tucker says, and with the expected post-WTO export surge, "it's only going...
...Despite the uncertainties, optimism over Vietnam's economic prospects runs deep. Last week, Intel announced it would increase its investment in a planned computer-chip-assembly and testing plant to $1 billion, tripling the company's original commitment. Upon completion, the 500,000-square-foot facility in Ho Chi Minh City will be the largest of its kind in the world. "I think Vietnam is doing all the right things," says Rick Howarth, Intel's country production manager. Says Scriven of Dragon Capital: "This is one of the most pro-change places I've been in. But there is time...
...American approach modeled on Haiti could be Digicel's downfall, says Yankee Group analyst Wally Swain. The U.S. is a viciously competitive market filled with deep-pocketed, giant competitors. "All they've faced before are sleepy incumbents," Swain says. "The U.S. is a different animal. They should stick with what they do well...
...confused as to who is on which team.” After regulation time ended with the score tied at 2-2, the referee, Adams House Master John G. “Sean” Palfrey declared sudden death overtime, and the Alaska Klub managed to dig deep and pull out a win for the 49th state. “We want to dedicate our victory to Richard Petty,” said an Alaskan Club member, apparently ignoring the fact that the NASCAR racer hails from North Carolina. “As far as Richard Petty is concerned...
...historic not just for the size and the breadth of the win. Pelosi will take the helm as the country's first woman Speaker, the person directly behind the vice president for succession to the Presidency, at a moment of key contest between the branches of government and deep divide in the country over the war in Iraq and the fight against international terrorism. How President Bush learns to deal with the gentlewoman from San Francisco will be a key story of the rest of his presidency...