Friday, July 24, 2020

Can Vietnam leverage its COVID-19 success for economic growth?

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Inshiya Nalawala

Article Title

Can Vietnam leverage its COVID-19 success for economic growth?

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Global Views 360

Publication Date

July 24, 2020

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A policeman helping a rider fix their mask

A policeman helping a rider fix their mask | Source: Đài Truyền Thanh TPST via Wikimedia

While the entire world is battling with COVID-19, Vietnam, in a country of over 100 million recorded just 330 cases as of early June 2020 and zero death in May 2020.

A professor at Nagasaki University’s Institute of Tropical Medicine Vietnam Research Station said that "Vietnam has no special test kits or drugs to treat the disease, but the government decided to do what it had to do at an early stage and put that plan straight into practice."

Vietnam was quick in its action. As soon as the first case was confirmed, the government had called upon measures for serious quarantine, implemented strict border control measures, and curbed unnecessary local movement. Close to a million people were isolated to halt the spread of further infections.

The strict measures helped Vietnam to quickly control the COVID situation and put the focus back on the economy. The mainstay of Vietnam's economy, garment export and tourism witnessed steep fall resulting in loss of employment to over 3.5 million people in the first half of 2020. Still Vietnam’s economy has expanded by 0.36% over last year in the same period unlike other countries in the region where it contracted as compared to last year. The annual GDP growth for Vietnam in 2020 is expected to be around 2.7% to 3% which again is the best in the region.

Vietnam , today is the safest country in the region to travel, work, or stay amidst the worldwide COVID pandemic. It is being favourably considered as an alternative destination by many companies who are looking to cut down their reliance on China in their supply chain.  The Free Trade Agreement (FTA) between the European Union and Vietnam which will be operational in August, may help Vietnam grow its exports.

Apart from export led growth, the tourism sector may also grow significantly as the other major tourist destinations in the region, Singapore and Thailand, are still battling with the pandemic, while Vietnam has successfully overcome the same.

The government is also looking to support the local business by slashing the corporate income tax to 30 percent which increased the liquidity for some sectors of economy. Special tax benefits and deferred tax payments(in some cases) are also in  line for small and medium enterprises (SMEs) which constitutes almost 97% of all the businesses in Vietnam. All these measures are expected to lead to a 7% GDP growth for Vietnam in 2021.

The miraculous recovery from the pandemic, government incentives to industry, and the willingness of many companies to relocate from China present such a perfect mix of opportunities for Vietnam to leap ahead and become the fastest-growing economies in SouthAsia. What remains is to see how fast and how effectively the country is able to act while this window of opportunity is open.

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February 4, 2021 4:38 PM

Black Lives Matter: Trump, Antifa, and the Anti-Racist movement

As massive protests following the passing of George Floyd kept on shaking the United States. President Donald Trump tweeted on 31st of May that far-left group Antifa was the one behind the violent riots and he would designate it as a terrorist group. He said, “The United States of America will be designating ANTIFA as a Terrorist Organization.” This assertion was repeated by the US Attorney General William Barr as well.

Antifa, short for anti-fascists, is an amorphous movement and not an organization as Trump labels it to be. They tend to be on the left of the U.S. political spectrum, many describing themselves as socialists, anarchists, anti-capitalists or communists. Antifa, according to many commentators, is just a decentralized collection of individual activists who mostly use non-violent methods to achieve their goal, which is to resist the spread of fascism. They track people who spread racist hatred and fascist ideology through on-ground events, traditional media, or social media and use cultural forms of art like drawing, music, film screenings etc. to spread the message of inclusivity. There are more militant anti-fascist groups as well, who mostly engage in non-militant activities but are willing to use more confrontational tactics at times as well. 

This is not the first time that Donald Trump has criticized Antifa to shift the focus away from racial discrimination faced by the black community in USA. In this instance as well President has tried to portray the protestors and looters with a vague phrase “radical-left bad people” and invoking “Antifa” to represent the whole of leftist militant groups which are bound more by belief than by any organizational structure.

Taking a cue from President Trump, many officials, conservative commentators and white supremacists started blaming Antifa for using the “Black Life Matters” movement to indulge in violence and undermining the government of the USA. Mr Trump’s national security adviser, Robert C. O’Brien, had also blamed such activists during his appearances on CNN and A.B.C. News. Mr O’Brien said the F.B.I. needed to “come up with a plan” to deal with Antifa. John Guandolo, who was in the FBI for 13 years, went a step ahead and claimed that Antifa and “Black Life Matters” are communist organizations, who are planning to overthrow the US government. He also praised President Trump for calling Antifa a terrorist organization and lamented that the FBI are unaware of its plan. Fiona Moriarty-McLaughlin, a journalist at the right-wing publication Washington Examiner, re-posted a video purportedly depicting "Paid #Antifa thugs" vandalizing the store — even though there is no evidence to suggest that the vandals were members of the movement.

The FBI and local law enforcement agencies have aggressively pursued charges against rioters, looters and others accused of havoc. However there is no evidence of any involvement of organized violence by Antifa or any other left-wing group. The most serious case that has emerged in federal court involved three men in Nevada linked to a loose, national network of far-right extremists advocating the overthrow of the U.S. government. They were arrested on May 30 on charges of trying to foment violence during Black Lives Matter protests. There are many instances when white thugs were seen vandalizing which blacks feared could be used against them.

The invocation of Antifa by President Trump during the “Black Life Matters” protest is conveniently used by the conservative commentators and white supremacists to somehow shift the focus away from the deep rooted racism in the USA to the violent actions by some protesters during the “Black Life Matter” protest.

As massive protests following the passing of George Floyd kept on shaking the United States. President Donald Trump tweeted on 31st of May that far-left group Antifa was the one behind the violent riots and he would designate it as a terrorist group. He said, “The United States of America will be designating ANTIFA as a Terrorist Organization.” This assertion was repeated by the US Attorney General William Barr as well.

Antifa, short for anti-fascists, is an amorphous movement and not an organization as Trump labels it to be. They tend to be on the left of the U.S. political spectrum, many describing themselves as socialists, anarchists, anti-capitalists or communists. Antifa, according to many commentators, is just a decentralized collection of individual activists who mostly use non-violent methods to achieve their goal, which is to resist the spread of fascism. They track people who spread racist hatred and fascist ideology through on-ground events, traditional media, or social media and use cultural forms of art like drawing, music, film screenings etc. to spread the message of exclusivity. There are more militant anti-fascist groups as well, who mostly engage in non-militant activities but are willing to use more confrontational tactics at times as well. 

This is not the first time that Donald Trump has criticized Antifa to shift the focus away from racial discrimination faced by the black community in USA. In this instance as well President has tried to portray the protestors and looters with a vague phrase “radical-left bad people” and invoking “Antifa” to represent the whole of leftist militant groups which are bound more by belief than by any organizational structure.

Taking a cue from President Trump, many officials, conservative commentators and white supremacists started blaming Antifa for using the “Black Life Matters” movement to indulge in violence and undermining the government of the USA. Mr Trump’s national security adviser, Robert C. O’Brien, had also blamed such activists during his appearances on CNN and A.B.C. News. Mr O’Brien said the F.B.I. needed to “come up with a plan” to deal with Antifa. John Guandolo, who was in the FBI for 13 years, went a step ahead and claimed that Antifa and “Black Life Matters” are communist organizations, who are planning to overthrow the US government. He also praised President Trump for calling Antifa a terrorist organization and lamented that the FBI are unaware of its plan. Fiona Moriarty-McLaughlin, a journalist at the right-wing publication Washington Examiner, re-posted a video purportedly depicting "Paid #Antifa thugs" vandalizing the store — even though there is no evidence to suggest that the vandals were members of the movement.

The FBI and local law enforcement agencies have aggressively pursued charges against rioters, looters and others accused of havoc. However there is no evidence of any involvement of organized violence by Antifa or any other left-wing group. The most serious case that has emerged in federal court involved three men in Nevada linked to a loose, national network of far-right extremists advocating the overthrow of the U.S. government. They were arrested on May 30 on charges of trying to foment violence during Black Lives Matter protests. There are many instances when white thugs were seen vandalizing which blacks feared could be used against them.

The invocation of Antifa by President Trump during the “Black Life Matters” protest is conveniently used by the conservative commentators and white supremacists to somehow shift the focus away from the deep rooted racism in the USA to the violent actions by some protesters during the “Black Life Matter” protest.

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