Vũ Minh Giang. — Photo baodatviet.vn Vũ Minh Giang, Chair of Scientific and Training Council of the Việt Nam National University, talks to the newspaper Công Thương (Industry and Trade) on how to improve the competitiveness for university graduates in the labour market. Vietnamese universities self-financing has been a hot topic for discussion for many years without a final conclusion. What’s your opinion? There are various interpretations of the concept of self-financing for universities in Việt Nam. However, the simplest definition is how far a self-financing Vietnamese university can make its own decisions, such as having the right to decide its financial matters, human resources, organisational structure, physical establishment and the domain of learning. Based on that concept, the university council will bear responsibility for the quality of the university’s academic affairs while being subject to the … [Read more...] about Self-financing the right path for Vietnamese universities
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Self financing the right path Vietnamese universities
Vu Minh Giang. — Photo baodatviet.vn Vu Minh Giang, Chair of Scientific and Training Council of the Viet Nam National University, talks to the newspaper Cong Thuong (Industry and Trade) on how to improve the competitiveness for university graduates in the labour market. Vietnamese universities self-financing has been a hot topic for discussion for many years without a final conclusion. What’s your opinion? There are various interpretations of the concept of self-financing for universities in Viet Nam. However, the simplest definition is how far a self-financing Vietnamese university can make its own decisions, such as having the right to decide its financial matters, human resources, organisational structure, physical establishment and the domain of learning. Based on that concept, the university council will bear responsibility for the quality of the university’s academic affairs while being subject to the management of the Ministry of Higher Education. On the other … [Read more...] about Self financing the right path Vietnamese universities
Global hotel giants flock to Vietnamese tourism
The country has witnessed a large amount of growth in the numbers of international hotel brands and foreign management companies over the past few years. According to the latest figures by Savills Vietnam, the number of international hotel operators has increased from 30 in 2010 to just short of 80 at the end of 2017. In the first half of 2018, some additional famous brand names came to Vietnam. Among them are Mandarin Oriental in Ho Chi Minh City and Best Western Premier in the central province of Quang Binh. Radisson Hotel Group recently opened Radisson Blu Resort on Phu Quoc-its first hotel in Vietnam. Travelodge Asia also announced plans for its first property in the central coastal city of Nha Trang, which is scheduled to open in 2020. Meanwhile, Spain’s Melia Hotel International has strengthened its footprint in Vietnam with the recent signing of three new properties in Ho Chi Minh City, namely Melia Saigon Central, INN-SIDE Saigon Central, and INNSIDE Saigon Mariamman, … [Read more...] about Global hotel giants flock to Vietnamese tourism
Vietnam’s food delivery market heats up with new players
The Hanoitimes - Vietnam’s US$33 billion food delivery market has remained appealing to investors with more new service providers deciding to jump on the bandwagon. Malaysia-based ride-hailing firm Grab has recently launched GrabFood in Ho Chi Minh City, setting to break into the lucrative food delivery market in Vietnam. The company has 500 partners which are restaurants and food shops in the city. Vietnam’s food delivery market is forecast to value at over US$38 million in 2020 Grab is no stranger to the food delivery market in Vietnam. In fact, many restaurants already use their ride-hailing app for deliveries. With GrabFood, however, the company hopes to expand their role by acting as the intermediary between restaurants and customers, giving Grab a distinct advantage over other, more established food delivery services in Vietnam. Earlier, the market also saw a newcomer, Lala, which is invested by Ho Chi Minh City-based information technology and service provider … [Read more...] about Vietnam’s food delivery market heats up with new players
Vietnamese spend billions of US dollars to buy properties overseas
VietNamNet Bridge - A Vietnamese corporation has reportedly spent $14 million at an auction to buy a shopping mall in the suburbs of Marrickville in Sydney, Australia, taking the first step in its plan to penetrate overseas markets. Vietnamese spend more money to buy properties overseas Some months before, another business acquired an apartment project on Racecourse street in Kensington in Melbourne in a deal worth $6 million. Vietnamese businesses and individuals began looking for properties overseas some years ago. That has recently increased as the real estate price in Australia has fallen as a result of the Australian government’s moves to cool the market. European countries are also destinations that many Vietnamese investors are interested in, especially individuals who seek opportunities to get permanent residential cards. One of the reasons is that they want to have homes for their children who study at prestigious schools in Europe, especially in France and … [Read more...] about Vietnamese spend billions of US dollars to buy properties overseas