By: musicwhiz Here it is, the continuation of the audiocast from Part 1. Enjoy ! I shall be doing my review and analysis of Boustead's FY 2008 results and prospects in a later post. Question: Would Management be able to update on the business conditions in Vietnam ? Given the high inflationary environment and monetary tightening, does Management forsee a slowdown in projects being handed out ? FF Wong: We were not very active in Vietnam in the past. We have done some small projects in Vietnam in the real estate solutions arena. However, we are very positive and bullish on Vietnam and have stepped up efforts. We have been negotiating with various Vietnamese Government Agencies on projects. I consider their current problems to be temporary. The very fact that they have problems creates windows of opportunities for us; in the last couple of years the market has been too “hot”. Of course, one has to be careful of environments where there is hyper-inflation, but then again in most cases where crisis abounds, opportunities also abound. Question: Would Management be able to update on the hydro-power project in Vietnam? Read more... Further Reading Boustead FY 2008 Results Audiocast Transcript Part 1