from this establishment, the digital playground, the state of your business on mobile, it's invalid, and welcome to the program. the us and vietnam have signed a deal to help them both loose, and that reliance is on china. during the visit, president joe biden agrees to a comprehensive, strategic partnership between the 2 nations of the deal to us to provide support to vietnam's micro chips production industry, the communist government. and how do i hit, describes the agreement with its full, not both time for this historic but let's get a greater understanding of the role of the vietnam is starting to play as an asian counter wait to china and speak to alicia. go see it. herero chief economist for asian pacific as investment bank. and that takes us thanks a lot for being with us on the to be your business. can you just explain to us why the us would be so interested in deepening economic ties with it now? where there's a ton of reasons. first of all, it's not me is possibly the best place for them. a shuffle of supply chains away

from china. this is because you have numbers, major manufacturing have already today, but safe for me and very important me. the number actually has a lot of critical raw materials for the production of green technology, especially solar panels and, and by pretty significant batteries. so. so this is something that not every country in the region can do give them time. and that's very important for the us projects in terms of um, basically either reassuring for that matter or production of bring tech or sending it back to, to be as a, as a way to come through by then all of the imports from china. and then i'm something of a, an asian success stories in the past few decades, isn't it? and it has more recently made that shift from being, you know, primarily reliance on the offering results of life, natural resources and also,

and i, but as labor to being a producer in his own right. housing wants to do that well, you know, in the same way as china, the vin number is also the country we accessed savings. it's a very similar model of development by which you repress, basically, wages and in key and the return on investment rather low because based assess investment. i'm that makes it easier for you to basically finance. so impressed structure. you have, look, just to go for structure for, for trade and, and with those rather low wages for engineers. you name it, you, you create, you know, the environment for, for investors to come and manufacture in getting them. you mentioned the similarities the vietnam does have like china or another. one of them is that it is a country run by a communist party. how much is that?

something that the likes of the united states and the likes of the you must take into account when they consider closer ties with vietnam. that's what i would say that it's a and then be violence. situation on the one hand in i think there's always worries and by the way there was a shuffling of the getting them these need their see if she's back in late december, which date and raised some eyebrows in, in the west. because basically the most western educated eat as were out it. so you know, there was disappear as it is. you're right. he pointed out that maybe it could be following the chinese model in particular, because actually the, the president of the party in the ninety's comedies party and actually visited in beginning on the before, really weeks before these events. so, you know, there's always this,

this fear that the number of his party will become waiting for. it will basically say given being strength, lifting terms, becoming much more like a smart tv might say. but on the other hand, if not, needs to stay away from being too senior to china because it goes from history yet 1000 years that it can both so close that he, you know, he gets in golf to basic k by china. so, so that's kind of the, the, the type role that it did not needs to, to, to walk are calling mr lisa garcia herrera that. let's take a look at some of the other global business stories that in making the news being how many lines have signed a 7800000000 dollar deal with a company 5, draw a boeing delegation from the play and i could respond to present by these visits to henry the white house that says the order was the 430000 jobs us to the funding ceo on chapman. if china is alibaba group as unexpectedly and as he will no

longer had the company's cloud business role, he had moved into just 2 months ago. instead, daniel john will, has a $1000000000.00 investment fund, alibaba funds to establish in german comic v use as little to spend $750000000.00 to make as many brands all electric by 2030. it says the next generation many will again be built in the u. k. if it's fox, the fox news. another piece for the purchase order industry at the is a link on such that that box marguerite, of a stay is being considered a front runner for the top post. either your pay an investment bank. currently they use competition commission of us that has made a name for himself with a tough approach to big tech. she's competing against several of the policy makers to run the landing almost c e u d i b is considered a key player and funding york's transition to was a net 0. com. and i'm

a more digitized here economy. a database steven busily has been speaking to marguerite, of a staff. he asked why she was interested in the job as well as a european investment bank allows you to put your money where your mouth is. all the strategies that we have that it actually happens on the ground. so i think it's a rare chance of making sure the things actually happening. we have the strategies we have the targets, but we also needs something to happen that people can see that changes really come in. you said that you want the e, i b to be to be faster, to raise its profile somewhat from the past years. what do you mean by that? exactly. can you give us examples? yeah, i think right now it takes more than a year and a half, maybe more, on average before you have a lending agreement. and that means that's someone who has another option. they go somewhere else, and those who must wait, they then wait. and that is not satisfying. you want equal treatment. you also hear

want, you know, a fair chance for everyone. so the bank needs to be foster. why maintaining the quantity of each work? because, you know, we, in a hurry, europe has challenges in infrastructure in energy now, green transition. so of course the bank needs to be there for the people that need the financing. many see this potentially as a high profile position in the coming years because of those challenges. challenges you mentioned as well as the reconstruction of ukraine. you just touched on energy . one of the big questions here is whether the e, i b will finance nuclear projects. this seems to be a sticking point for france in particular, we know how seriously they've depended on nuclear energy. what do you say to that? well, it's for every country to decide their own energy mix. some have chosen nuclear, some have chosen not to have nuclear. that are respect in full, it's is your right to the bank should not be a political fighting ground,

because then you get distracted from your mission to invest where investments are needed. i'm completely pragmatic. if there is a european approach to say, well, we should finance nuclear while we should do that, but it should not be for the bank to take aside in that decision. because just as well as some are really in favor. so not really, really against it. and i think that is for a political discussion and not for a bank to decide on. you can see the rest of that interview by stephen, basically with marguerite, of a staff on the d, w, and use youtube channel. now, as technology takes massive leaps forward, it can be difficult for people in developing nations to keep up with well, if you have parts of the world, but tech savvy entrepreneurs are finding ways to stay on top of digital developments. is one such story from agency, the time print and the photo magnets of the lawn can dory expresses themselves

best through wraps. he lives in via trent that you know, in buenos itis, a neighborhood with a high crime rate and we're many people live in poverty. cut off from the opportunities for a better life. a lot is grateful for a life changing educational opportunity that has come his way portrayal. digital means digital football field. it's a platform that gives him a digital education for free. a lot in very stigmatized here in this disadvantage neighborhood and even just to share about this opportunities, not so easy to many people simply don't believe it. okay, i see that. yeah, i think part of my seo lessons are flexible. a laptop is provided if required, and the internet is paid for, a mentor is always on hand for any kind of questions. there is a wide choice, of course is on offer, including programming and animation. airline has chosen e commerce. he has learned how to sell products successfully on the internet or something. i don't know if my parents have a clothing shop and i was able,

while i was still doing lessons to go to apply what i had learned up to that point . and that has had a big and positive impact in our household and also on my life. and you gotta nice argentina, i've had high use unemployment for years and desperately need skilled workers. there is so much potential among people in the poor neighborhoods that it's crazy to waste. it says a head to foot trade or digital. this is not the way he done that. they are digital made us. we absorb what we can offer super fast and count one, even though many of them are no longer in school. they're very familiar with technology and the technology is their natural environment as well. this ensures that they can learn and use what we offer it super without any able to attend. that group with able to put that on the child is financed by donations. 60 percent of participants have entered the labor market. the nato airline now has a jobs which he can also build on, and his cousins,

digital education has led him to study mathematics at a university publishing. but it was when you're all participating in a shared huge screen by closing a gap who's bringing together a most dynamic market that exists in the world with, namely tech companies and with the people who would never have been able to access it. but it's when i get the next to it, i still the sort of the mission here is all about spreading the word about for travel, digital bringing neighborhoods and friends out of poverty and creating a global project. nobody got by moving the thread or dc dot c stuff, or am i or the top business story that we're following for you this hour. the us via now have agrees do a strategic fonda shift to cut that treasury lines is on china. the agreement was reached as president type items businesses. so for me, in the business team, hand balance of all at over 50 w dot com slash the

box is trading the line between plastic and the jobs finish can kinda can e mail is august on tiny house concepts with depths conversations, booking. and of course, music and val, fussy, minutes, d, w, eco tourism for eco do a tourism in times of climate change. the industry needs to adjust it, hopes to attract travelers with new offerings and destinations. but the question remains, can you travel with a clear conscience, the most out in

75 minutes on d, w. the question of the question about lice, to reverse and every thing the answer. well then, given here, the answer to almost everything. we're documentary series with carver and the ground to breaking questions to the after life dumber and for a series of saving the world. 2 questions for the present future and heads filled with the ideas. 2 then when we learn something, the hardware and software of our brain changing systems. so get ready for the brain . 40 to the answer to almost everything this week on

dw, the, this is dw, and use live from the, the, in the race to find the volume is the videos quake in the wrong code. rescue a struggle to reach flat in villages and from the mountain regions. the death toll is now close to $2700.00. germany's foreign minister and the babel makes. and now the surprise visits you price announcing an extra $20000000.00 euros in humanitarian a. and pills, korean, see, to keep going on these headed to friendship. adults with president vladimir putin

on the agenda, north korean weapons in exchange for russian economic a.