Manulife vietnam launches revamped customer portal that offers new user friendly experiences

Institutions have become a major impediment to the nation’s aspiration to reach high income by 2045. Vietnam needs to shift its economic growth model and improve the government’s capacity to implement economic policy reforms and public investments, realizing its aspiration of reaching high-income status by 2045, a World Bank Group report says. Overview of the report launch. The World Bank Group’s Systematic Country Diagnostic Update, themed "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation,” emphasizes that Vietnam's traditional growth model faces major challenges from the Covid-19 pandemic, slowing globalization, and the country’s increasing vulnerability to external shocks, especially climate risks. After identifying a series of policy responses and reform priorities, many of which are not new, the report argues that adapting institutions will be the key to success. “Vietnam’s GDP per capita has increased fivefold over the … [Read more...] about Effective policy implementation crucial for Vietnam to reach high-income status by 2045: WB

With the German labor market's scarcity of highly skilled workers, this is an opportunity for Vietnamese workers to develop their careers in Germany. In order to help young people best prepare to work in Germany, the Delegation of German Industry and Commerce in Vietnam (AHK Vietnam) and Saigontourist Hospitality College (STHC) organized the seminar "Working in Germany" on May 13. The seminar aims to provide information about opportunities, challenges, application process in Germany for foreign workers, the "ProRecognition" and "Hand in Hand for International Talents" projects. In the exciting atmosphere of the seminar, students and alumni learned from the experts of AHK Vietnam information about the German labor market, the requirements of German employers for foreign skilled workers as well as opportunities and challenges for Vietnamese workers. In addition, they also had the opportunity to listen to practical sharing from Khanh and Tien, two former students of … [Read more...] about Sharing information on opportunities for Vietnamese workers to develop their careers in Germany

AI tech solutions helping to fast-track recruitment in HR-illustration photo, source:freepik L’Oreal is one of the world’s largest cosmetics and beauty corporations with more than 80,000 team members globally. The French corporation gets about five million applications for roughly 15,000 new positions each year. The vast number of applications took up a great deal of L’Oreal’s money and time for the personnel selection process. Things got easier when the corporation adopted a modest approach by applying AI to the recruitment process in an intern programme. A representative of L’Oreal said that 12,000 applicants with 80 spots were quickly processed by AI, saving 200 recruiting hours compared to the previous full human-powered review process. Meanwhile, Unilever, one of the world’s leading multinational companies specialising in food, home, and personal care products, also said that around 70,000 person-hours of interviewing and assessing candidates had been cut, thanks to the … [Read more...] about AI tech solutions helping to fast-track recruitment in HR