Citi global realty and development inc

Demand in the HCM City labour market is forecast to depend on the COVID-19 situation (Photo: VNA) HCM City (VNA) – Ho Chi Minh City will need about 127,000 - 147,000 workers from now to the end of this year, and the demand varies according to the COVID-19 situation, the city’s Human Resources Forecast and Labour Market Information (FALMI) Centre said on July 27. It noted that if the pandemic gets worse, socio-economic development will be strongly affected with such services as accommodation, food and beverage, tourism, and transport, along with the industry - construction sector hit hard. In that scenario, HCM City will need about 127,000 workers in the last half of 2021, mostly for trading (26,048), IT - electronics (8,903), personal services and heath care (8,319), garment - footwear manufacturing (7,785), marketing (7,353), and food processing (7,125). If the pandemic eases, business performance will improve in the year’s final months, the time enterprises boost … [Read more...] about Labour demand in HCM City varies according to pandemic situation

The delegation of HCMC's leaders offer flowers and incenses to fallen soldiers at the HCMC Martyrs Cemetery in Thu Duc City. (Photo: SGGP) The city’s leaders extended sincere gratefulness to Vietnamese Heroic Mothers and deep gratitude to fallen soldiers who dedicated their lives to the nation. Leaders of HCMC offered incenses at martyrs' graves. The delegation of HCMC's leaders offer flowers and incenses to fallen soldiers at the HCMC Martyrs Cemetery . Photo: SGGP) Leaders take a minute of silence to remember fallen soldiers. Secretary of the HCMC Party Committee Nguyen Van Nen Chairman of the municipal People's Committee Nguyen Thanh Phong Standing Deputy Secretary of HCMC's Party Committee, Phan Van Mai (L) and , Chairwoman of the city People's Council Nguyen Thi Le On the same day, the delegation visited and offered flowers to war veterans who made great contribution in the building and development of the country at the Lac Canh Cemetery in … [Read more...] about HCMC leaders pay respect to national heroes, martyrs

As exports formed a key component of local economic development, maintaining production chains was crucial for Vietnam. Vietnam's exports reached US$158.34 billion in the first six months of 2021, an increase of $35.57 billion, or 29 per cent over the same period in 2020. — VNA/VNS Photo In the first six months of the year, exports increased by 29 per cent and orders were rising thanks to the recoveries of the US and China markets, as well as tax incentives from the EU due to the EVFTA agreement, said Nguyen Xuan Thanh, manager of the Fulbright Economics Teaching Programme. Thanh took part in an online conference hosted by e-newspaper cafef.vn yesterday with other experts to discuss solutions for the economy in the ongoing fourth wave of the pandemic. “The remarkable increase is due to the demand for Vietnam's exports from major markets,” he said. Thanh said Vietnam was benefitting thanks to the continuing punitive tariffs on China from the Biden administration, … [Read more...] about Maintaining production chains crucial for Vietnam

CMC announced business results in the financial year 2020, appointed a CEO and set out goals and challenges to be realized by big moves in the 2021-2025 strategy at its Annual General Meeting of Shareholders on July 21. Positioned as a global digital company According to the report at the 2020 General Meeting of Shareholders, CMC’s total revenue in 2020 reached VND5,666 billion, up 5% year on year; its consolidated pre-tax profit hit VND241 billion, up 16% year on year. CMC selected McKinsey to implement a consulting project on development strategy, digital transformation, restructuring to develop strongly and consolidate capacity. The company is also positioned as a leading consultant and implementer of digital transformation solutions for enterprises and organizations. One of the significantly successful projects of CMC is the consulting project on digital transformation for Hoa Phat Group. The project lasts for 6 months, with the goals to build a comprehensive digital … [Read more...] about CMC aims for quadruple growth by 2025

In a quite near future, we will be facing more challenges in our power sector in order to meet the rising demand for energy consumption for our economic development. The primary energy resources are being exhausted, especially oil and gas which may lead to the significant import of fossil fuels in the near future. Therefore, the trend of developing renewable energy in the world, including wind power, is a breakthrough solution,” Nguyen Anh Tuan, Director of Renewable Energy Center, Institute of Energy, stated. The vision of the government to move away from a fossil fuels-based energy mix was formalized last year under Resolution 55, which established the long-term targets for Vietnam’s green transition. The vision and targets of Resolution 55 should be supported by the much-awaited Power Development Plan VIII (PDP8), which is expected to be finalized later this year. Installation of an offshore wind project The latest draft of PDP8 saw the introduction of a new form … [Read more...] about Vietnam’s future transition to offshore wind auctions

Experts discussed the demand for skilled workforce in the manufacturing and processing industry In the first six months of this year, foreign investors poured capital into 18 industries in Vietnam, led by the manufacturing and processing industry with a total investment of $6.98 billion, according to the General Statistics Office of Vietnam. “Vietnam has steadily turned into a manufacturing hotspot in Asia, due to its relatively large, young, and cost-competitive workforce, attractive tax regime, stable political environment, geographical advantages, and open trade policies,” Simon Matthews, regional manager of ManpowerGroup Vietnam, Thailand and Middle East shared with the webinar on July 22 with the Institute of Labour and Social Affairs under the Ministry of Labour, Invalids and Social affairs (MoLISA). He highlighted that the strong foreign direct investment (FDI) flows helped create more business and job opportunities for Vietnamese amongst the global pandemic. … [Read more...] about Meeting skilled workforce demand in manufacturing and processing industry