[Vnbiz] Ministries participate in fighting inflation
Tran Dinh Hoanh
tdhoanh at gmail.com
Wed Apr 9 20:28:48 PDT 2008
Dear Brother Phong,
Of course, Vietnam has a way to catch up with its neighbors. But please, I
am talking about this inflation fight and the leaership skill to lead the
fight. And we will win. It is that simple. Leadership counts 90 percent
in a fight. And if some people don't see this leadership skill in display,
then they just can't see. Leadership is the kind of skill that
sometimes some people can't even see it even if it is right in front of
their eyes..
Have a great day!'
Hoanh
2008/4/9 <Hong-Phong_Pho at ita.doc.gov>:
> [ Vietnam Business Forum ]
>
>
>
> Dear anh Hoanh:
> This is a rah rah cheerleading article (and you are right there with the
> pom poms).
> I don't really see anything fascinating here. That's what government
> agencies are supposed to do in a normal, working government; to carry out
> policy initiatives. The economic entities mentioned are all SOE's under
> government control. Fighting wars and fighting inflation are different and
> take different skills. The leaders of Vietnam thought they were the same
> and it took them more than a decade to change course (75-86). But you are
> really comparing durians and bananas.
> Not so quick on your "predictions". Inflation in March is even worse than
> previous months. You may want to give it a few more months.
> I got a good chuckle now that you are saying that a sign of winning the
> inflation fight is the stabilizing stock market. Didn't you berate some
> poor reporter for saying inflation hit the stockmarket? At 600 the
> stockmarket is on life support..
> You may want to review your facts about popular support for the Iraq war
> at the beginning. The majority of Congress and the American people supported
> the war then. The real problem was some leaders misrepresented facts and
> manifulated the people's fears after 9-11.
> Show me the "people" in this fight. So far I only see the government
> telling the people what to do. If your TTXVN piece is correct, the
> government is the "people" in jail for a year for protesting whatever they
> are protesting.
> In the "dumb" way, according to you, to run the countries, there are
> home-grown economic/financial experts, some of whom were trained right here
> in the United States in the last decade and a half, working very hard to
> advise the leadership on how to manage a transitioning economy. I would put
> my bet on them to guide the country out of the rough patch. I do give the
> PM credit for shifting priority from high growth to inflation control, even
> at the cost of some growth.
> As well as it has done, Vietnam still has a way to catch up to the
> neighbors, and the world. I find this talk about emerging from the crisis
> next month better than the neighbors baseless hubris.
> Cheers, HPP
>
>
>
>
> Tran Dinh Hoanh, Esq., LLB, JD
> Washington DC
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