Russian president Vladimir Putin’s visit to Vietnam is a gamble for the Southeast Asian nation. Yemeni Houthi attacks in the Red Sea deal another blow to an industry already facing a global shortage of seafarers. And a look at the new coalition government in South Africa as the African National Congress shares power for the first time in 30 years. Plus, Russia and North Korea sign a mutual defense pact agreeing to provide military help if either face attacks. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices