Illustration photo The Ministry of Planning and Investment has issued Circular No. 05/2019/TT-BKHĐT on support for the human resources development of small and medium-sized enterprises (SMEs). The Circular guides training on business start-up and administration, direct training at SMEs, organization of online and mass media training courses for the SMEs and fostering a contingent of cadres, civil servants and officials on charge of supporting the SMEs. The State budget will sponsor 100% of expenditures for students of the SMEs located at disadvantaged areas and owned by women. Laborers and managers of the SMEs will be provided with accounts to join the online training courses on websites or smart phones. The Circular takes effect since May 12, 2019. Earlier PM Nguyen Xuan Phuc signed Directive No. 15/CT-TTg detailing specific steps to implement the Law on support for SMEs that took effect on January 1, … [Read more...] about Support for human resources development of SMEs
Human capital development
Vietnam ranked second in ASEAN in World Bank’s Human Capital Index
The Hanoitimes - A Vietnamese child with full access to education and health service, by the time of maturity, would have a labor productivity at 67%, which is in equal to China and second in Southeast Asia, only behind Singapore. Vietnam to join High Human Development group in near future: UNDP UNDP applauds Vietnam’s progress in human development Vietnam is ranked 48 out of 157 countries and territories in terms of human capital index (HCI) with a 0.67 score, which is unchanged from last year, claiming the second spot in ASEAN behind Singapore, according to the World Banks’s latest World Development Report. The HCI measures the consequences of neglecting investments in human capital in terms of the lost productivity of the next generation of workers. In countries with the lowest human capital investments today, the report suggested that the workforce of the future will only be one-third to one-half as productive as it could be if people enjoyed full health … [Read more...] about Vietnam ranked second in ASEAN in World Bank’s Human Capital Index
Thailand, WB to Enhance Human Capital Development in ASEAN
This Initiative is expected to boost human capital development in the ASEAN region including by preparing ASEAN’s human capital for the 4th Industrial Revolution, while taking into account trends such as ageing societies in the region. Dr. Victoria Kwakwa, Vice President of the World Bank, paid a visit to Thailand and had a meeting with Deputy Foreign Minister Virasakdi Futrakul on 25 January 2019. On this occasion, Thailand welcomed the World Bank, as it joined the European Union in being the latest external partner of ASEAN. Thailand considers the World Bank one of its strategic partners and a key partner of ASEAN in promoting a people-centered ASEAN Community, where no one is left behind and looks towards the future. Sustainable development cooperation is at the heart of Thailand’s efforts to promote its key ASEAN priority for enhancing sustainability in all dimensions. This will increase ASEAN’s strategic value-added in the region in the long run. … [Read more...] about Thailand, WB to Enhance Human Capital Development in ASEAN
KPMG recognised at Asia Human Resources Development Awards 2018
KPMG in Vietnam and Cambodia’s chairman and CEO, Warrick Cleine, was one of 22 recipients of the Asia Human Resources Development (HRD) Awards 2018 which took place in Ho Chi Minh City on October 11. Warrick Cleine was one of 22 recipients at Asia HRD Awards 2018 “This prestigious award and recognition reaffirms KPMG’s commitment in providing a dynamic and stimulating work environment that offers all employees the opportunity to realise their full potential, in a truly inclusive culture,” said Cleine. The Asia HRD Awards has so far honoured 249 individuals and organisations from 20 different countries. The Asia HRD Awards was first launched in 2003 to celebrate excellence in human capital development, and has so far honoured 249 individuals and organisations from 20 different countries. This year’s recipients were honoured as part of the “Happiness at work” summit organised by Anphabe and the Vietnam Chamber of Commerce … [Read more...] about KPMG recognised at Asia Human Resources Development Awards 2018
Vietnam-Japan strategic partnership to enter new development period
President Tran Dai Quang grants an interview to Japanese media (Photo: VNA) President Tran Dai Quang expressed the belief in an interview granted to Japanese media including NHK broadcasting organisation, Kyodo News, Jiji Press and Nikkei newspaper in Hanoi on May 25, ahead of his State-level visit to Japan from May 29th to June 2nd. The President said he was glad to lead a high-level Vietnamese delegation to Japan on the occasion of the 45th founding anniversary of the two countries’ diplomatic ties. The visit is expected to take the bilateral extensive strategic partnership into a new period of development, contributing to prosperity in each country and to peace, cooperation and development in Asia and beyond, he said. President Quang said during the visit, the first State-level visit made by Quang as President of Vietnam, he is scheduled to meet the Japanese Emperor and Empress and hold talks with Prime Minister Shinzo Abe. He will also have meetings with Japanese top … [Read more...] about Vietnam-Japan strategic partnership to enter new development period