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Clerks private sector award

Share of female management in FDI highest among Vietnam economic sectors

March 6, 2021 by hanoitimes.vn

The Hanoitimes – The number of Vietnamese women accounts for half of the labor force but less than one-fourth of overall management roles.

The percentage of women in management in the foreign-direct investment (FDI) sector is a third of the number of people in leadership positions, the highest (34.1%) compared to the 29.7% and the 20.2% in state and domestic spheres, respectively, according to the latest report.

Vietnam’s women account for half of the labor force but less than one-fourth of overall management roles. Photo: ILO

A report “Gender and the labor market in Vietnam” by the International Labor Organization (ILO) in Vietnam shows that there is still a gender gap in labor force participation in the country, especially in management level. Uneven distribution of family responsibilities in Vietnam’s society could be the reason behind.

The elimination of gender gaps in education has not translated into a comparable narrowing of gender gaps in employment quality, earnings, or decision-making jobs. “They are much more likely to involve in household work than men, and spend twice as many hours on it,” said Valentina Barcucci, ILO Vietnam Labor Economist, lead author of the research.

Women spent an average of 20.2 hours per week cleaning the house, washing clothes, cooking and shopping for the family, doing family care and childcare, whereas men spent only 10.7 hours. Close to one fifth of men did not spend any time on these activities at all.

Chart: The portfolio of female management in total employment, by sector, 2019

As a result of the pandemic, total working hours dropped significantly in the second quarter of 2020, and recovered through the second half of the year. Women faced the most severe losses, according to the report.

The total weekly hours worked by women in the second quarter of 2020 were only 88.8% of the total for the fourth quarter of 2019, compared to 91.2% for men.

“Before the Covid-19 pandemic, both women and men had a relatively easy access to jobs, but the quality of such jobs was on average lower among women than among men,” said Valentina Barcucci, ILO Vietnam Labor Economist, lead author of the research.

Female workers were overrepresented in vulnerable employment, particularly in contributing family work. They earned less than men (by 13.7% on monthly wages in 2019), despite comparable working hours and the progressive elimination of gender gaps in educational attainment.

Gender inequality in the labor market is traced back to the traditional roles that women are expected to play, supported by the social norms, said ILO Vietnam Director, Chang-Hee Lee.

The 2019 Labor Code has opened opportunities to close such gender gaps, for example in retirement age or removing the ban on female employment in certain occupations, a much more difficult task still awaits Vietnam.

“That is changing the mind sets of the Vietnamese men and women themselves which will in turn influence their behavior in the labor market,” Chang-Hee Lee said.

Filed Under: Industry Vietnam’s women, labor force, ILO, FDI, s&p economic sector code, fdi and economic development, fdi vietnam 2017, sector where fdi is not allowed, sectors having 100 fdi in india, sectors with highest profit margins, sectors where fdi is not allowed, sectors where 100 fdi is allowed in india, sectors where 100 fdi is allowed, sectors where fdi is allowed and the latest caps, sectors attracting fdi, sectors attracting highest fdi

First 900 healthcare workers of HCMC to be vaccinated against Covid-19

March 6, 2021 by sggpnews.org.vn

The hospital’s medical staff includes doctors, nurses and employees who are working in the Department of Infectious Disease D, Emergency Department, Department of Medical Examination, Department of Social Affairs, Molecular Biology Laboratory, Adult Intensive Care and Anti-Poison Unit; heads and deputy heads of departments along with the Board Of Directors.
The health workers of the HCMC Hospital for Tropical Diseases will be the first persons in the Southern region that are on the priority groups for vaccination, said the Ministry of Health.
The HCMC Hospital for Tropical Diseases is one the 21 Covid-19 treatment facilities nationwide, having the highest risk of transmission.
The city has not currently seen a cluster of community transmission cases. Therefore, the municipal authorities have determined nine priority groups for coronavirus vaccination in the first phase with 44,175 people, including 285 healthcare workers; 388 members of health teams to conduct random Covid-19 tests; 1,362 employees of the sector of epidemiologic investigation; 1,642 public security, military forces, and volunteers; 38,000 people in the community Covid-19 groups; 1,710 medical workers taking samples for Covid-19 test; 513 employees in quarantine facilities and 275 officials who directly give vaccine injections.
The front-line workers in the fight against the epidemic in Hai Duong Province, Hanoi and HCMC will be next on the priority list to receive injection of Covid-19 vaccines.

By Quang Huy – Translated by Kim Khanh

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New regulation on minimum trading lot at HOSE aims to keep small investors away

March 6, 2021 by vietnamnet.vn

Around $200 billion is now in tumult after a succession of days of network congestion and the news about the required increase in minimum trading lot from 100 to 1,000 shares on the HCM City stock market.

New regulation on minimum trading lot at HOSE aims to keep small investors away

Nguyen Giang, owner of The Way Coffee, completed the procedure to open an account at SSI Hanoi Branch after hearing that the HCM CIty Stock Exchange (HOSE) was planning to increase the required minimum trading lot from 100 shares to 1,000 shares.

The reason behind the plan, as explained by Le Hai Tra, HOSE’s CEO, was to ease the overload.

However, this was not good news for many investors, including Giang. Because of Covid-19, he no longer can work as an outbound tour guide, which he did for 10 years.

In 2020, he opened a street coffee shop. However, the third Covid-19 outbreak once again affected his business. Giang then decided to make financial investments as he has confidence in the bright prospects of the stock market.

However, the calculations of the investor may fail because of HOSE’s tentative policy.

If the tentative policy takes effect, Giang will have to spend VND100 million at least for every purchase transaction of VIC (Vingroup), VJC (Vietjet), VCB (Vietcombank) and VNM (Vinamilk).

If buying SAB (Sabeco), he would have to spend VND180 million at least, and ifor VCF (Vinacafe Bien Hoa), he would have to spend VND240 million.

These are very large amounts of money compared with Giang’s investment plan.

However, Tra said the policy, once applied, would bring benefits. It would not only help ease congestion thanks to the reduction of 40-50 percent in number of transactions, but would also better protect small investors.

Nguyen Duy Hung, president of SSI, also commented that this is the best choice for now to maintain the system’s operation.

However, many experts and securities companies don’t share the same view. They have warned that the policy isn’t in line with stock market development and discriminates against small and big investors.

“The plan is unreasonable. It will affect many private investors and be contrary to international practice,” the brokerage director of a HCM City-based securities company said.

The decision to raise the required minimum trading lot from 10 shares to 100 shares in the past once put difficulties for many investors as they could not sell shares. However, the decision was still acceptable because every transaction had value of between several millions of dong to tens of millions of dong only.

But this will be diiferent if the minimum trading lot is raised to 1,000 shares.

V. Ha

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Sci-tech strengthens Vietnam’s shield against pandemic

March 5, 2021 by vietnamnet.vn

Vietnam got through 2020 as one of only a few to fulfil the dual goals of containing the COVID-19 pandemic and developing its economy.

This achievement can be attributed to the determination and effort of all sectors, most notably science and technology.

Ten national science and technology projects were approved during the COVID-19 outbreak, including the cultivation and isolation of SARS-CoV-2, test kit production, studying COVID-19 vaccines, and using robotics in hospitals and quarantine camps.

Scientists have not been alone in innovation during the COVID-19 fight. They have been backed by the Government and enterprises. Many people, even those without any academic qualifications, have contributed science and technology innovations to help the country fight the pandemic./. VNA

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Vietnamese publisher bestowed French knighthood

August 17, 2018 by en.vietnamplus.vn

Vietnamese publisher bestowed French knighthood hinh anh 1 Nguyen Nhat Anh, Director of Nha Nam Culture and Communications JSC, is named a Knight of France on August 16 for his contributions to introducing French ideology in the Asian country. (Photo: vietnamplus.vn)

Hanoi (VNA) – Nguyen Nhat Anh , Director of Nha Nam Culture and Communications JSC , one of the most popular publishing houses in Vietnam, was named a Knight of France on August 16 for his contributions to introducing French ideology in the Asian country.

On behalf of the French Minister of Culture , Counsellor for Cooperation and Cultural Action at the Embassy of France in Vietnam Etienne Rolland-Piegue conferred the distinction of Chevalier dans l’Ordre des Arts et des Lettres (Knight of Order of Arts and Letters) to Anh at a ceremony in Hanoi on August 16.

The French Counsellor congratulated Anh, who is also a freelance translator, for the award, saying he and Nha Nam have succeeded in making children’s literature important in Vietnam by publishing a series of children’s books by French writers such as “Le petit Nicolas” (Little Nicolas) by Rene Goscinny and “Le petit Prince” (Little Prince) by Antoine de Saint-Exupery.

Anh has contributed to introducing French books and ideology in Vietnam and promoting cultural diversity and cooperation between the two countries, he noted.

Nha Nam’s director said he was honoured to receive the noble tittle. The award was a result of the team of editors and translators at Nha Nam who have been working with passion for books and French arts and literature in particular, he added.

Nha Nam will improve the quality of its translation and editing to bring the best Vietnamese version of French books to local readers, he said.

The Chevalier dans l’Ordre des Arts et des Lettres, established in 1957, is in recognition of significant contributions to the enrichment of the French cultural inheritance.

Nguyen Nhat Anh, who writes under the penname Trac Phong, has translated some popular French works like “Le petit Nicolas” and “Le petit Prince” into Vietnamese. He has also written comic books under the penname Thu Nho.

Since its establishment in 2005, each year Nha Nam Company publishes 30 to 70 titles by famed French writers like Marcel Proust, Gustave Flaubert, Guy de Maupassant, Alexandre Dumas, Alphonse Daudet, Antoine de Saint-Exupery and Marguerite Duras.

Anh has worked with the French Embassy and other agencies to host various workshops, exhibitions and book launch ceremonies in Vietnam so Vietnamese readers can get to know French writers and their work. –VNA

VNA

Filed Under: Uncategorized Nguyen Nhat Anh, Director of Nha Nam Culture and Communications JSC, Nha Nam, French Minister of Culture, Chevalier dans l’Ordre des Arts et des Lettres, Knight..., french inspired vietnamese food

Vietnamese director becomes judge at Pune International Film Festival

March 6, 2021 by vov.vn

Dung will be one of the five prestigious international judges elected by the Film Festival Council and will be part of the process to select the candidates for most prestigious award in the World Competition Selection category.

From March 6, the jury made up of five members, including Luong Dinh Dung, will start to watch 14 films that have made it to the final round in order to choose the best film in the international category.

This comes after Dung was invited to be an advisor for the Tallinn Black Nights International Film Festival, one of the world’s 15 largest international film festivals.

Luong Dinh Dung is the director of the film “Father with a baby”, which had previously been selected as the Vietnamese film representative to attend the 90th Oscars, in addition to winning many domestic and international awards.

PIFF is an annual film festival which has been held in the Indian city of Pune since 2002. Each year, the festival receives roughly 2000 entries from hundreds of countries worldwide.

This year, a total of 26 feature films have been rigorously selected from over 1700 entries and will be competing in categories such as Best International Film, International Film Director, Best Script, Best Actor/Actress, and Best Cinematography.

Filed Under: Uncategorized Vietnamese film director, Luong Dinh Dung, Pune International Film Festival, Tallinn Black Nights, Culture, Pune..., about durban international film festival, heartland international film festival, 49th international film festival of india, 49th international film festival, 49th international film festival 2018, 37th vancouver international film festival, 30th tokyo international film festival, foyle international film festival, minsk international film festival, minsk international film festival listapad, 8th pune short film festival, 8th pune short film festival 2018

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