"I have younger friends, even from Gen Z who are starting to take positions in the government. They have to pass a really difficult exam to get accepted and they don't get paid much, but they are so passionate and are educated in Western schools, so they are more progressive. They aren’t as lured by money as the previous generation because they also come from well-to-do families. So I'm seeing more and more of that new generation in the government and I hope they can advance further in the political system so they will bring more transparency. That generation will be able to bring a positive impact and positive wave to our next generation of leaders." - Valerie Vu
"The State Bank of Vietnam and other banking regulators are sitting together and drafting a newly tightened disclosure requirement for bank ownership. There are talks that individual ownership will be reduced from 5% to 3%, and now there's more disclosure requirement for whoever owns at least % of banking. Overall, this issue is a short-term pain. It caused a lot of market volatility and investor concern about Vietnam, but whatever we’re doing is for a long-term gain and long-term financial transparency for a new market." - Valerie Vu
"The construction of the canal will cause further environmental roblems in the Mekong Delta region, which is already suffering from climate change already. The biggest issue is salinity and drought. The farmers haven’t been having clean water for months. They usually save clean water for two months, which will last them the entire year. But recently, the water has been polluted by salt. It's not possible to drink or use for daily life activities, so they have to reserve clean water for at least four months. This will cause further flooding, extreme drought, and a lack of clean water in the Mekong Delta region." - Valerie Vu
In this episode, Jeremy Au speaks on Vietnam's $12B fraud death penalty, the 'Blazing Furnace' anti-corruption campaign, and Cambodia and China 180km canal tensions with Valerie Vu.
Keywords: Vietnam, $12B Fraud Death Penalty, Blazing Furnace Anti-Corruption Campaign, Cambodia China 180km Canal Tensions, Valerie Vu, Vietnam, Thought Leadership
