International conferences at UEB open further research

Prof. David Tripe (Massey University) discusses with UEB staff.
“The evaluation of stimulus policies of Asian countries 2009” is the theme of an international conference held on 9th November 2010 at University of Economics and Business - VNU. After the first stage, we have had a prompt interview with international scientists having the lectures at the conference.

The conference has drawn 25 papers and over 100 delegates, including specialists in economics, finance and banking from Vietnam and overseas, among whom, Prof. John Walsh (Shinawatra University, Thailand), Prof. David Tripe (Massey University, New Zealand) and Prof. Hiromitsu Takemi (Chiba University of Commerce, Japan) have close relationship with University of Economics and Business. Below is the quick discussion between our staff with three finance-banking experts.

- What do you think about the effect of conference today?

Prof. John Walsh (Shinawatra University): The theme of the conference today is very important subject; I think it is a good idea for University of Economics and Business - VNU to organize this. About this topic, we need some time to think about it and discuss how each other’s different ideas integrate together whether we can find one simple respond. More likely, we find many different answers, and we have to choose the right one. Sometimes there are easy answers, and sometimes there are difficult answers. I think in this case, we are going to find that there is no simple solution, which we can follow. For example, what happens in Thailand is different from that in Vietnam or America.

- What can you suggest for further research on this theme?

Prof. John Walsh: We have to be aware that the crisis is still very serious. We do not know whether it is going down again, so we have to continue to study the situation in very aspects of short term, medium term and long term. Moreover, we should look at the situation not just in financial point of view, but political, social and human cost.

Prof. David Tripe (Massey University): One of very important things you need is a clear understanding of what is exactly happening currently. It always need for improvement in statistics and daily data available to understand what is happening next. When you have enough data of general reality, general argument of how it should be interpreted in particular context and what they might mean. There can be a lot of scopes for research and I look forward to working together with researcher from University of Economics and Business - VNU. I hope that Vietnam can learn from our experience and we can learn from yours.

- Prof. Takemi, having close relationship with our university, how would you suggest about your further research plan with UEB staffs?

Prof. Hiromitsu Takemi (Chiba University of Commerce): I have already proposed one of your professors that we are going to carry out a research project, which might be related to how to nurture the same topic at small and medium scope and apply it. We are going to discuss more about this theme and carry out research with University of Economics and Business - VNU.

- As a lecturer who have the speech today, how do you feel about the organization of the conference?

Prof. John Walsh: The conference has been excellent in organizing. I am impressed by the way your university choose the theme and organize it. Especially, Ms. Nguyen Thuy Linh, a member in organizing board, is one of my former students at Shinawatra University. I think it has been a very great conference.

- Prof. David Tripe, as a professor from Massey University, how is your impression on our UEB under the aspect of Massey University’s partner and the host for today conference?

Prof. David Tripe: I think it is very interesting conference. I am looking forward to more as the day develops, especially the discussion today. It is very good to have the partnership with the University of Economics and Business - VNU, which is together with us have the strong focus on economics and finance - banking serial. It seems to be a lot of work being done here. I think it is a potential scope. There are many interesting things about economy in Vietnam and you have various opportunities to apply some lessons that are being learnt in our financial market. New Zealand underwent the process of deregulation in period of 1970s, 1980s and 1990s. I have been working in banking sector for some time, and I see a lots of things that can happen and cannot happen.

 - Are you implementing any research plan with UEB staff or students?

Prof. David Tripe: I currently have one PhD. student from your university. I was listening the discussion this morning carefully and getting ideas for how to develop further. It is good to have further opportunity to study on big risk of global financial crisis, as well as the roles that finance can help and in economic matters.

- Thank you very much!


Thuy Dzung - Photos: Manh Tuan

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