Illustrative image (Photo: VNA) The event offered a venue for experts, researchers, representatives from universities and vocational schools, and relevant sectors to exchange ideas and discuss measures to promote human resources development in the city, towards promptly satisfying the labour demand in the East Asian market. According to Dang Duc Long, Director of the Economic Information, Analysis and Forecast Centre of the Party Central Committee's Economic Commission, Vietnam needs to develop a new strategy in sending workers and experts abroad to work in order to effectively bring into play the valuable resources for the nation’s development. Sending Vietnamese workers and experts to work abroad has importantly contributed to promoting the country and Vietnamese people to international friends and strengthen country's international integration, he added. Sharing the opinion, Dr. Tu Minh Thien, Rector of Van Hien University, said that East Asia is seen as a potential … [Read more...] about HCMC works hard to better quality of human resources
Improvement quality projects
Hundreds of businesses to receive support from USAID IPSC Project
On June 30, the project started to revise and select eligible and qualified businesses to receive support packages for the second intake of 2022, running from April 1 to June 30. The USAID IPSC, with a total budget of $36 million, is currently Vietnam's largest private-sector technical assistance project funded by the United States Agency for International Development (USAID). The project aims to support businesses to overcome the pandemic, improve their capacity in governance, technology, financial access, innovation, and market access, and promote a favourable business investment environment. USAID IPSC targets to support 5,000 small and growing businesses. USAID IPSC officially launched and opened registration on January 18. The applicants go through selection processes (the first in April, the second in July, and the third in November), to receive support packages. In 2022, USAID IPSC offers six different support packages for businesses based on overall project … [Read more...] about Hundreds of businesses to receive support from USAID IPSC Project
HCM City calls for EU investment in nearly 200 projects
Ho Chi Minh City is calling for investment into 197 projects in ten key areas, including infrastructure development, agriculture, industry, trade and services, healthcare, tourism, education and housing, an official told the Vietnam – Europe Business Forum in the southern largest economic hub on June 30. The Vietnam – Europe Business Forum takes place in HCM City on June 30. (Photo: VNA) Dao Minh Chanh, Deputy Director of the municipal Department of Planning and Investment, said EU countries are investing in 2,724 projects in HCM City, mostly in the fields of manufacturing and processing, retaile and wholesale, motor and automobile repair and maintenance, and information and communications. Worth a total of 7.69 billion USD, they account for 10.27% of FDI in the city, he said. HCM City has constantly improved its business climate and adopted various incentives to encourage more FDI, he said, adding that most notably among the incentives include … [Read more...] about HCM City calls for EU investment in nearly 200 projects
UK multinationals pledge long-term presence in Vietnam
Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country. Chairman of the National Assembly Vuong Dinh Hue on June 29 held several meetings with executives of UK multinationals, including Prudential, Standard Chartered, Pacific Land, Pearson, and Enterprize Energy. All executives have expressed their good impression and pledged to commit long-term presence in Vietnam. NA Chairman Vuong Dinh Hue and President of Prudential Shriti Vadera. Source: VNA President of Prudential Shriti Vadera said the company's business performance was positive during the Covid-19 pandemic, expressing her delight to be part of Vietnam’s development. Vadera suggested Prudential could further contribute to the country’s economic growth by taking part in the long bond issuance. Chairman Hue welcomed Prudential’s successes in Vietnam, saying insurance corporations remain key partners of the State in Government bond issuance. … [Read more...] about UK multinationals pledge long-term presence in Vietnam
Dhawa Ho Tram Hotel topped out on schedule
The investor Madison Land shared that the project topped out on schedule and delivered the committed construction quality by the contractors: Dong Duong Construction Investment JSC, Viteccons Construction Investment JSC, and a private unit project management Synergy Consultancy Corporation. The project is sponsored by leading state lender Vietinbank. Representatives at Dhawa Ho Tram Hotel’s topping out ceremony It took precisely one year from the construction started during the pandemic until the Dhawa Ho Tram Hotel has been completed. Phuong Dang, CEO of Madison Land Co., Ltd. asserted, “These efforts showcase our commitment to bring the best quality products to customers in the shortest time.” Phuong added that the Dhawa Hotel's construction started right at the peak of the pandemic and has put Madison Land and its partners in front of various challenges in terms of human resources, raw materials, and supply chain disruption. "Nevertheless, thanks to the … [Read more...] about Dhawa Ho Tram Hotel topped out on schedule
Vietnam, Japan boost legal and judicial cooperation
Deputy Minister of Justice Nguyen Khanh Ngoc holds talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29. (Photo: VGP) Hanoi (VNA) – Deputy Minister of Justice Nguyen Khanh Ngoc held talks with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 29 to chalk out ways to step up cooperation. Ngoc highly appreciated Furukawa for selecting Vietnam as one of the destinations in his first foreign trip since taking office in October 2021, saying Japan was the first bilateral partner providing technical support for Vietnam in legal and judicial matters, particularly through projects run by the Japan International Cooperation Agency (JICA) in Vietnam since 1996. Japan has been providing Vietnam with assistance in law-making in civil and economic affairs and litigation, as well as capacity building. To further boost the bilateral partnership in the coming time, Ngoc suggested the two sides continue effectively executing … [Read more...] about Vietnam, Japan boost legal and judicial cooperation