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Vietnam: $24B Bank Bailout & Legislature Chairman Resignation, FPT $6B Tech Conglomerate Growth and Apple Investment & China High-Speed Rail

Vietnam: $24B Bank Bailout & Legislature Chairman Resignation, FPT $6B Tech Conglomerate Growth and Apple Investment & China High-Speed Rail - E416

Jeremy Au on Vietnam's $24B bank bailout and legislature chairman resignation, FPT $6B tech conglomerate growth and Apple investment, and China high-speed rail with Valerie Vu.

"We are Vietnamese. We don't fight with anyone. We just protect our country like we protect our independence and our freedom if necessary, but we don't fight. Also, I want to emphasize, that the first day we went to school as a six-year-old child, the first thing we were taught was that nothing is as important as our country's independence and freedom." - Valerie Vu

"One of the key lessons I learned from my Harvard MBA was that the more immobile your asset is, the more important that you are to do CSR because it’s a good way to build local partnerships and get credit with the local political system. So if you have an oil well or a giant factory, it's very hard to move it if the people don't like you and change their mind about supporting you. You want to do that early and regularly, versus if you're an asset that's in and out, it's very mobile, then there's not much requirement to do a local CSR." - Jeremy Au

"This year, it's still going to be quite volatile for internal politics but again, this is very short-term volatility and not necessarily a long-term pain. It clears up for long-term transparency. The former Chief Parliament just visited China, then shook hands with Xi Jinping and granted a new high-speed railway with China from Vietnam. The construction will be done before 2030, so there's a lot of renovation in infrastructure in Vietnam. There's also a lot of new development in terms of American companies coming into Vietnam and promising to invest in the country. I don't have the crystal ball for telling the future but there's no reason to be gloomy and be negative about the country just because there's a hiccup in the internal politics." - Valerie Vu

In this episode, Jeremy Au speaks on Vietnam's $24B bank bailout and legislature chairman resignation, FPT $6B tech conglomerate growth and Apple investment, and China high-speed rail with Valerie Vu.

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Keywords: Vietnam, $24B Bank Bailout, Legislature Chairman Resignation, FPT $6B Tech Conglomerate Growth, Apple Investment, China High-Speed Rail, Valerie Vu, Vietnam, VC, Women, Thought Leadership

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