HANOI – Tom Cannon, Professor of Strategic Development at the University of Liverpool, has underscored the importance of knowledge capital, not natural resources, to Vietnam’s future development. “The more you exploit your raw natural resources like crude oil and pit-coal, the less they exist,” he told the “Sustaining Growth in Turbulent Times: the Roles of Knowledge and Talent in Vietnam’s Future Development” seminar in Hanoi on Wednesday. Today, Cannon said, the world is coping with an economic and financial crisis that is widely recognized as most troublesome since the Great Depression in the 1930s. This is a real challenge for all nations, particularly in the developing regions, he noted, and Vietnam is certainly one of them. The world now has to effectively deal with the current hardships and seek a path for steady growth while aiming to prevent such a crisis from occurring in the future, he added. “Each nation, business and individual member of the economy needs to be equipped to fully assess their respective situation and to go forward from there.” Cannon is also chief executive officer of Ideopolis International Ltd. and earlier worked with blue chip firms such as American Express, Microsoft, Airbus, BP, IBM, GE, Shell…
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