Day 5 Reflections (May 26) — Lim Hao Yang

What I have learnt:

1. It is important to not only invest in the main facilities that are to be set up, but also to consider the convenience of the people that are going to be using them.

For example, the Binh Duong New City not only the industrial park and university, but also a hospital, residential area, banks, etc.

2. Even though there are imitations of original innovations, the imitations may tend to be very different from the original in terms of its purpose.

For example, the Viet Huong Industrial Park attracts chemically-more-unsafe companies to set up their factories. Such factories includes sewage treatment, cloth dying, etc.

Picture of factory in Viet Huong I.P. taken by Hao Yang

3. Risk-taking is essential for societal growth. It creates new things which improves the economy and efficiency of life.

It is not always that we need to confirm our ability to complete tasks before agreeing to taking them on. For example, Singapore takes on project only if it is sure it is possible to be done properly and on time. Hence, Singapore misses many opportunity to improve.