LYCOS RETRIEVER 
Vietnam
built 287 days ago
The currency in Vietnam is the Vietnamese Dong although US Dollars are accepted in many hotels, restaurants and shops. Banks are open Monday to Friday and some are open Saturday morning. In the major cities there are 'bureaux de change' and most hotels will change US Dollars although for other currencies it is usually necessary to visit a bank. Travellers cheques can be exchanged at banks and some exchange bureaux but can be difficult to change outside of the major cities. Visa Card and Mastercard are now accepted in many hotels, restaurants and shops but US Dollars cash are still the most reliable form of money to carry. There are ATM machines in Ho Chi Minh City and Hanoi, but they are less available in more remote areas.
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Actually, Vietnam is going through many changes right now. One example of these changes is a program instituted by the Vietnamese government called Doi Moi, which is meant to encourage young Vietnamese to start businesses and get more involved in the economic development of Vietnam. The program is comparable to the perestroika reforms of the Soviet Union. It released Vietnamese from the socialism that surrounded the government and opened Vietnam in many ways including allowing foreign investors and greater freedom of expression and worship.
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Vietnam has a variety of mineral resources. Located beneath the subsoil are precious stones, coal and valuable minerals such as tin, zinc, silver, gold and antimony. Vietnam ... has large deposits of oil and gas on its offshore islands and on the mainland.
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While by no means the only source of the global market flood, Vietnam has played a major role in the increase of global coffee supply, and the markets have taken notice. Prices of robusta coffee have plummeted in the 21st century – trading at U.S. $.054 per pound on the New York market in January 2000, robusta’s value had fallen nearly in half by March 2001, down to U.S. $.031 per pound, according to CoffeeResearch.org. By May 2001, the International Coffee Association held a conference dedicated in part to addressing “the critical situation of the present world coffee market.”
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In 2000, RMIT Vietnam was granted a 50 year license, the first in Vietnam, from the Ministry of Planning and Investment, to deliver undergraduate and postgraduate education, training and research in Vietnam. All degree programs are recognized by the Vietnamese Ministry of Education and Training (MOET) and are audited by the Australian Universities Quality Agency. The University degrees are awarded by RMIT University in Australia.
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It is ... agreed upon domestically and internationally that Vietnam needs to attract the attention of premium coffee lovers. One of Vietnam’s domestic offerings, “weasel coffee,” has the potential to appeal to the palates of high-end drinkers the world over. Kay Johnson describes the colorful history of this drink in the Straits Times. Weasel coffee was originally made from coffee beans that had been eaten and excreted by weasels, enhancing the taste of the beans. A chain of coffee shops in Vietnam specializes in weasel coffee, although these days the beans never see a weasel’s insides, rather going through a synthetic process intended to simulate the effects of a journey through the weasel’s digestive tract. Apparently, it is as good as the real thing.
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