Third, in concrete terms, strengthening e-commerce or diversifying customer groups could be two viable solutions. Fourth, state-owned enterprises should not be the beneficiaries of any subsidies whatsoever. SMEs need the money much more urgently. Fifth, state price controls are counterproductive and distort competition. They should be avoided in order to prevent side-effects such as black markets and the waste of resources (minimum prices) or queues and low investment (maximum prices). Sixth, social measures such as unemployment benefits are definitely appropriate to support citizens in need. Lastly, in view of the warning example of the EU, a zero-interest rate policy should never be introduced to Vietnam. … [Read more...] about Coping with the outbreak in the Vietnamese way – a role model?
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In 2018, Prof Jerome Friendman, the winner of the Nobel Prize in Physics in 1990, came to Vietnam to attend a conference. He met with Vietnamese students who had won prizes at international competitions in mathematics, physics, chemistry, biology, information technology and astronomy. Later, he got a scholarship from the Vietnamese Ministry of Education and Training and the French INRA (National Institute for Agricultural Research) to study in France where he obtained t'a master’s degree and doctorate. … [Read more...] about The ‘quiet assistant’ to Prof Tran Thanh Van
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