"This goes back to the investment in infrastructure and logistics. Every move is very sensitive and has significant geopolitical implications. For example, the high-speed railway from Hanoi to Kunming suggests that we want to maintain a good relationship with China. However, the recent construction of the Funan Canal in Cambodia is also affecting our relationship with Cambodia, which Hanoi clearly dislikes. So, building more islands is kind of a hedge to assert our power and voice in the region, especially in the sea." - Valerie Vu
"This is actually the central quandary for much of the green investment gap in Southeast Asia. At one level, it's fundamentally an electricity gap. There isn't enough electricity for each individual and the potential of who they can become as a productive worker in a factory or office, using computers and similar technology. So, there's an electricity gap. Secondly, there's the issue of the energy mix—how much of it is green versus coal versus oil. I think it's really difficult to resolve this effectively." - Jeremy Au
"I think the risk of a bank run is completely eliminated. Even though the trial is still ongoing and there have been additional arrest warrants issued, it's clear that the government wants to address this corruption at the root level. They are doing everything they can to ensure that SCB is in safe hands. So, I think the message is clear: stability first." - Valerie Vu
In this episode, Jeremy Au speaks on Vietnam's new President Tô Lâm, South China Sea island building (692 acres), and coal energy and flight price jumps with Valerie Vu.
Keywords: Vietnam, New President Tô Lâm, South China Sea Island Building 692 Acres, Coal Energy, Flight Price Jumps, Valerie Vu, Vietnam, VC, Thought Leadership
