Mobile Financial Headlines

America Finally Wins Vietnam War

posted 810 weeks ago on CrossingWallStreet.com
It took awhile: HANOI ? Hang around Vietnamese cafés long enough and you are likely to see an arresting sight: one person handing another a grocery bag stuffed with bank notes. Drug deal? Bribe? In fact, this is the way many Vietnamese buy stocks these days - not through a broker or the stock exchange but through the Internet, with payment made in cold cash. Finding each other through stock-trading chat rooms and websites, buyers and sellers strike a deal online and then close it by exchanging cash for stock certificates. It's a vivid sign of the times in booming Vietnam. With the economy growing at its fastest clip in a decade, everyone wants to get in on the action. From taxi drivers to tycoons, Vietnamese are speculating wildly on anything that might go up - apartments, gold,
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