Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.
Deputy Foreign Minister To Anh Dung held online talks with Nigel Adams, Minister of State at the Foreign and Commonwealth Office and the Department for International Development of the UK, on July 16.
Five sectors of telecoms, information and technology, clean agriculture, clean technologies, retail, health care and pharmaceuticals have potential for high growth in the next three years.
The 26th ASEAN Economic Ministers (AEM)’ Retreat has approved Vietnam’s 12 prioritised initiatives on economic cooperation in ASEAN during the ASEAN Chairman Year 2020.
More than 1.655 million jobs were created in 2019, reaching 103.5 percent of the yearly plan and equal to 100.4 percent of the figure of the previous year, according to the Ministry of Labour, Invalids and Social Affairs.
Prime Minister Nguyen Xuan Phuc joined leaders of other ASEAN member states and President of the Republic of Korea (RoK) Moon Jae-in at the second session of the ASEAN-RoK Commemorative Summit in Busan on November 26.
Being unable to recruit skilled workers, some shipbuilding businesses currently have to hire seasonal workers, which has cost them time to provide training and greatly affected their business plans.
Around 75,000 workers are needed in Ho Chi Minh City for the last three months of 2019, up over 7 percent compared to the same period last year, according to the HCM City Human Resources Forecast and Labour Market Information (Falmi) Centre.
Deputy Prime Minister and Foreign Minister Pham Binh Minh on September 9 highlighted the deepening diplomatic ties between Vietnam and the Middle East and African countries, as well as progress made in their collaboration in other spheres like trade, telecommunications, labour, education and health care.
As a Eurasian economic powerhouse, Russia’s look east policy is in line with the interests of regional countries, including Vietnam, said a Vietnamese official at a seminar on September 4 as part of the ongoing 5th Eastern Economic Forum (EEF) in Russia.
Seafood processing enterprises in the southern province of Ba Ria-Vung Tau are facing a serious shortage of skilled labourers, affecting their production and exports.
Vietnam should push reform and development at the same time so as not to lag behind in the new era, Minister of Planning and Investment Nguyen Chi Dung said at the first Vietnam Reform and Development Forum (VRDF) in Hanoi.
In addition to trade and investment opportunities, the participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will offer Vietnam a chance to modernise its labour laws and industrial relations system, thus creating sustainable jobs and bringing practical benefits to workers.
The southern province of Dong Nai has drawn approximately 1.6 billion USD in foreign direct investment (FDI) as of October 23, 60 percent higher than the goal of only 1 billion USD this year.
A workshop focusing on new solutions and educational technologies to facilitate English teaching in vocational schools was held in Ho Chi Minh City on October 4.
Nearly 1.3 billion USD in foreign direct investment (FDI) landed in the southern province of Dong Nai in the first nine months of 2018, 30 percent surpassing the yearly target, according to the provincial Department of Planning and Investment.
Measures to improve human resources and the capacity of crime prevention and control, as well as to perfect the legal system were put on table at the ongoing eighth session of the 12th Communist Party of Vietnam (CPV) Central Committee on October 3.
An international workshop to promote cooperation in ensuring fairness in Vietnam’s energy shift towards more eco-friendly power was held by the Vietnam Union of Science and Technology Associations (VUSTA), the Friedrich-Ebert-Stiftung (FES) Vietnam Office, and the Green Innovation and Development Centre (GreenID) in Hanoi on September 18.
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