[Vnbiz] Ministries participate in fighting inflation
Tran Dinh Hoanh
tdhoanh at gmail.com
Fri Apr 11 06:07:31 PDT 2008
Dear brother Phong & CACC,
One minor typo in my previous message that may generate huge confusion. I
meant to say: "As far as I am concerned, the US government still don't know
what to do with ITS own economic problem." I implied that "experts" outside
Vietnam think that they know Vietnam solutions more than a Vietnamese is a
myth that must be dispelled. If you are in Vietnam and learn economics,
chances you are the best problem solvers for Vietnam economic issues.
Vietnam has been among the best performers in Asia and there is no reason
not to believe that Vietnam is now the best solution solver in Asia. It is
very natural that only the best performers may come up with the best
solutions. (And here is the leadership truth, when you have the best
solution, most people cannot see the sense of your solution, because they
are not the best; if other people can see your solution, then your solution
may not be the best because you are just like them). Trust me and trust
your government in this crisis. I want you guys and gals in Vietnam to be
confident about our ability to be the best always. And I promise you that
when this entire dollar crisis is over, the world will see that the
Vietnamese are the best performer in good times or bad times.
Anyway, Brother Phong, I hope you do have a comprehensive solution for
Vietnam problems. Please, I'm all ears.
Have a good day!
Hoanh
________________
On Fri, Apr 11, 2008 at 8:09 AM, Tran Dinh Hoanh <tdhoanh at gmail.com> wrote:
> Dear brother Phong,
>
> I have heard you whine and complain all the time and not even one word on
> how to solve the problem. It would be beneficial for all if you have one
> solution laid out on the table before earning the privilege to complain
> about the entire Vietname government. As far as I am concerned the US
> governmentt still don't know what to do with this economic problems now ,
> not mentioning its Department of Commerce. Please help us see.
>
> Have a great day!
>
> Hoanh
>
> On Thu, Apr 10, 2008 at 7:57 PM, <Hong-Phong_Pho at ita.doc.gov> wrote:
>
> > [ Vietnam Business Forum ]
> >
> >
> >
> > This house, then mud hut with tin roof, narrow escaped the regional
> > conflagration that badly damaged the neighborhood then known as the Asian
> > Financial Crisis. Even before the smokes cleared, the more conservative
> > among the firemen went on a victory lap, congratulating themselves about how
> > well Vietnam fared. The reality was that, since Vietnam was so unintegrated
> > at that time that the financial contagion could not spread; there was no
> > fuel for the fire. That episode set back progress and reforms for at least
> > a couple of years. While the neighbors rebuilt and put in sprinklers,
> > Vietnam was still trying to delay equitization of the banking sector, and
> > lost valuable time for putting in place needed regulations for a healthy
> > financial sector, as if the rope and bucket approach to financial
> > fire-fighting is still acceptable. (Former PM V V Kiet, in his report on 2
> > decades of Doi Moi, outlined this back-and-forth struggles between those in
> > Party who advocated stability and protection of the Party and those who
> > would push the limit for more progressive changes.) It took a few years for
> > the progressive to gather forces and move forward again.
> > Now, more than a decade latter, we have a decent wooden house that we
> > can be justifiably proud of compared to the mud hut, and a couple of garden
> > hoses for fire protection. The time to plan for the fire is before it
> > stated. With an under equipped fire department, Vietnam can't afford to be
> > self-satisfied and shouldn't be cheered on indiscriminently. Moving back to
> > mud huts isn't a very good options. Building fire-safe brick houses will
> > require stronger foundations, a proper municipal water system with enough
> > pressures, large enough roads for fire trucks, fire trucks and fire fighter
> > who know how to use foam to suppress electrical fires, and a thousand other
> > things. All of these take careful, plodding, planning, much resources,
> > vision and leadership, a different kind of leadership than arriving at the
> > fireline with a bullhorn to call on the entire neighborhood to line up with
> > the ropes and buckets.
> > Cheers, HPP
> >
> > --
> > Tran Dinh Hoanh, Esq., LLB, JD
> > Washington DC
> >
>
--
Tran Dinh Hoanh, Esq., LLB, JD
Washington DC
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