Saturday, August 1, 2020

Russia celebrates 75 years of Soviet Victory over Nazi Germany

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Syed Ahmed Uzair

Article Title

Russia celebrates 75 years of Soviet Victory over Nazi Germany

Publisher

Global Views 360

Publication Date

August 1, 2020

URL

2020 Moscow Victory Day Parade

2020 Moscow Victory Day Parade : Source: The Presidential Press and Information Office via Wikimedia

On June 24, 1945, Joseph Stalin, former Soviet Union leader stood on top of Vladimir Lenin's tomb and watched Marshal Georgy Zhukov review the ground armored force that defeated Nazi Germany in the World War-II. That was the first Victory Day Parade to celebrate the most glorious moment in the Soviet history.

Exactly 75 year later, on June 24, 2020, the 75th anniversary of that great victory was celebrated with a lot of fanfare during another grand parade which was reviewed by Russian President Vladimir Putin, war veterans and guests. Leaders form many countries also joined as guests during the event.

2020 Moscow Victory Day Parade : Source: The Presidential Press and Information Office via Wikimedia

Troops from 13 foreign armies including India, China, Kazakhstan, and Mongolia march through the iconic Red Square along with nearly 14,000 members of Russian Armed Forces. About 300 military assets including T34 , legendary tank of Soviet Union era and T-14 Armata, Russian military’s most advanced battle tank were present.

2020 Moscow Victory Day Parade : Source: The Presidential Press and Information Office via Wikimedia

A host of aircrafts including Su-57, the secretive stealth fighter jet which is set to join the Russian air force in future was also on display. Iconic aircrafts like the Tu-95 and the Tu-160 also flew over the Red Square.

2020 Moscow Victory Day Parade : Source: The Presidential Press and Information Office via Wikimedia

While addressing the attendees and the guests at the event, Russian President Vladimir Putin stressed how important the role of the Soviet Union had been in fighting Nazism. "It is impossible even to imagine what would have become of the world if the Red Army had not come to its defense. Its soldiers needed neither the war nor other countries, nor glory, nor honors. They strove to crush the enemy, achieve the victory and return home. And they paid an irretrievable price for the freedom of Europe." The Russian President had earlier urged the West to acknowledge the Soviet Union’s role in the fight against Nazism.

The Soviet-era and the events of WW2 still play a pivotal role in the lives of Russians. As per a poll by the independent Levada Centre in Moscow, 75% Russians believe that the Soviet era was the best time in the country’s history.

Putin harnesses this Soviet-era influence amongst Russians and employs Victory Day celebrations to arouse patriotism and support amongst the Russians. This year due to the outbreak of COVID-19 pandemic, he went to great lengths to ensure smooth organization of the annual parade.

The Western countries remain critical of the event, reminding us of the competing narratives of Russia and the West regarding World War 2 politics.

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February 4, 2021 4:52 PM

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

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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