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Time - Man of the Year
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Time_Man_of_the_Year_Compact_Publishing_3YX-Disc-1_Compact_Publishing_1993.iso
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080392
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0803552.000
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1993-02-23
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983b
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27 lines
GRAPEVINE, Page 19Maybe We Won Hearts and Minds After All
By JANICE CASTRO
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."