Firms promote Vietnamese handicrafts in Italy Nearly 40 Vietnamese firms are introducing their handicraft products like rattan, brocade and earthware items at the 2018 L'Artigiano in Fiera in Milan, Italy. The 23rd edition of the L’ Artigiano in Fiera takes place from December 1-9. It is an international industry event that’s been celebrating artisans across the world and their creations for more than 20 years. The event is also a rendezvous for Vietnamese handicraft businesses to promote their goods, such as rattan and bamboo products, brocades to international customers in recent years. In addition, Vietnam’s conical hat is featured in the fair’s promotional video this year. Trade Counsellor of the Vietnamese Embassy in Italy Nguyen Duc Thanh said the L'Artigiano in Fiera offers opportunities for Vietnamese firms to promote their products and study market demand, as well as learn experiences in production and design to meet the demand of consumers … [Read more...] about BUSINESS NEWS IN BRIEF 11/12
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BUSINESS NEWS IN BRIEF 13/10
Helicopter Corporation to sell 20.3 million shares of MBLand Holdings The Vietnam Helicopter Corporation (VNH) will auction 20.3 million of its shares in property developer MBLand Holdings with the beginning price of 12,366 each on October 26. According to the Ha Noi Stock Exchange, VNH holds a 31 per cent stake in MBLand Holdings. VNH is expected to collect a minimum VND251 billion from the sale. MBLand, formerly known as MB Real Estate JSC, was established on January 25, 2008 by two major shareholders, Military Commercial Joint Stock Bank (code: MBB) and VNH. After nine years of establishment and development, MBLand Holdings now has an ownership capital of VND800 billion, total assets worth VND2 trillion and charter capital of VND653.7 billion. MBLand Holdings has 18 shareholders, including 12 organisations and six individuals. The main shareholder of MBLand Holdings is MB Bank with the ownership ratio of over 65 per cent, or nearly 42.7 million shares. In early … [Read more...] about BUSINESS NEWS IN BRIEF 13/10
Deputy PM highlights importance of salary policy
He made the affirmation in a recent article on the plan on the salary policy reform for officials, public employees, civil servants, members of armed forces and employees in enterprises. This plan is one of the three important plans being discussed at the seventh plenary session of the 12th-tenure Party Central Committee, which opened in Hanoi on May 7. Deputy Prime Minister Vuong Dinh Hue Deputy PM Hue, who is also a Politburo member and chairman of the central steering committee for reforming the salary policy, social insurance and special treatment for national contributors, noted that the salary policy directly relates to macro-economic balances, the labour market and the lives of salary earners. Its reform will help build a streamlined, clean and efficient political system and strengthen the fight against corruption. Regarding the targets and road map for the implementation of the salary policy reform, he said in the public sector, the basic wage has been adjusted … [Read more...] about Deputy PM highlights importance of salary policy
Public reform key to national development: workshop
The workshop was jointly held by the Institute of State Organisational Sciences under Vietnam’s Ministry of Home Affairs (ISOS-MOHA), the Korea Research Institute under the University of New South Wales (KRI & UNSW) and Thailand’s Office of the Public Sector Development Commission (OPDC). It formed part of scientific symposiums to share experience between Southeast Asian countries, including Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand and Laos, and the RoK in public reform and measures to enhance state capacity. At the workshop. Photo: baochinhphu.vn Senior advisor of the OPDC Areepan Charoensuk said that the workshop created an opportunity to set up an effective dialogue which helps enhance the supply of public services while ensuring stable and comprehensive growth for regional countries in the long term. Meanwhile, Seung-Ho Kwon, director of the KRI & UNSW, laid stress on public policies, which are billed as motives for … [Read more...] about Public reform key to national development: workshop
Garment sector needs manpower development strategies: workshop
Pham Xuan Hong, Chairman of the HCM City Association of Garment, Textile, Embroidery and Knitting (AGTEK), said at the event on April 14 that textile-garment is not only a spearhead export industry of Vietnam but also one of the sectors generating the biggest numbers of jobs, about 2.5 million. AGTEK Chairman Pham Xuan Hong speaking at the worrkshop However, most of employees in the sector are manual workers in charge of simple steps while the steps requiring technical skills like dyeing or designing are facing a shortage of skilled workers. Hong said the shortage of high-quality manpower is also one of the reasons why local production of apparel materials remains undeveloped and Vietnam has to depend on imported materials. Meanwhile, the steps generating high added value like designing products and building brands are still limited. Although Vietnam is one of the five biggest apparel exporters in the world, global consumers haven’t known any Vietnamese fashion … [Read more...] about Garment sector needs manpower development strategies: workshop