![]() This explains why Kuala Lumpur and Singapore, which are located at a lower longitude than Vietnam should apply the GMT+7 time zone, but they are applying the GMT+8. In principle, the smaller the difference between the Vietnam time and international time is, the better it would be for Vietnam. Meanwhile, if people leave the office late, when it gets dark, they would rather to go home instead of joining other activities.Įspecially, the GMT+8 solution has been applauded by economists. If people finish working hours when it is still light, they would try to go shopping, playing sports or taking extra works, which would create more GDP to the society. GMT+8 would also help create more jobs and accumulate demand. But with the GMT+8, they would get home when it is still light, and they can delay the turning of the light on for one hour. At present, people finish their working hours at 5 pm and get home at 6 pm, when it is dark. Some scientists have also agreed that the GMT+8 would bring more benefits. But if the new time zone is applied, they would use electricity for 3-3.5 hours only.ĭoan Huu Nguyen, a reader, in the email to VTC Editorial Board, affirmed that this is a very cheap and easy method to help save electricity, especially when Vietnam still faces the power shortage, while the Electricity of Vietnam is hungry for capital to develop electricity plants. At present, they go to bed at 10 pm, which means that they use electricity for four hours, from 6 pm to 10 pm. This is enough to save trillions of dong.Īnd people would go to bed sooner. In 1901, the Federated Malay States and Straits Settlements adopted British Malayan Mean Time, which was based on Singapore Mean Time (GMT +6:55). Vietnam Time: Thailand Time: Scale: Thailand Time and Vietnam Time Calculator. Thailand Time: Vietnam Time: Vietnam Time Thailand Time. Home » Time Zone » Thailand Time Vietnam Time. Street lamps would be turned on at 6.30 am or 7 am instead of 6 am as currently. Thailand Time and Vietnam Time Converter Calculator, Thailand Time and Vietnam Time Conversion Table. If so, cities would light up later than currently. The GMT+8 time zone would also help shorten the night and lengthen the day. This explained why the then Thai Prime Minister Thaksin in 2001 announced the intention of applying the time zone GMT+8 to foster the Thai economy, even though Thailand is geographically further than Vietnam from the GMT+8. Meanwhile, the Singaporean market, which ignited the tsunami, closed the door one hour before. The Bangkok stock market then incurred the “tsunami” when investors rushed to bargain stocks away. What happened with the 1997 Asian financial crisis could be seen a valuable lesson for Vietnam. ![]() Meanwhile, since the other regional markets close one hour earlier, investors and economic policy makers would have one more night to think carefully until the markets open the next morning. Therefore, the negative impacts, if they occur, on the finance market would seriously influence Thailand and Vietnam. Vietnam Time: Eastern Standard Time (EST): EST Vietnam Time. Vietnam was once advised to change the time zone into GMT+8 many years ago by a Japanese economist.Īs all the regional economic centers, including Singapore, Kuala Lumpur, Hong Kong, Shanghai and Taiwan) are located in the GMT+8 zone, the financial news always “go ahead” of Vietnam and Thailand because the markets open sooner than Vietnam and Thailand. Eastern Daylight Time and Vietnam Time Converter Calculator, Eastern Daylight Time and Vietnam Time Conversion Table. » Click here for GMT to Local Time Conversion.VietNamNet Bridge – Some scientists and analysts believe that Vietnam would gain bigger benefits in its socio-economic development if it applies the GMT+8 time zone instead of the current GMT+7. ![]() » Click here for Vietnam Time to Local Time Conversion.
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