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Bui Sy Loi, vice chairman of National Assembly’s Committee for Social Affairs talks to Hải Quan (Customs) newspaper about a proposal to increase retirement age in the draft amended Labour Law. Retirement age may go up due to trade deals Retirement age discussion set for tomorrow Vice chairman of National Assembly’s Committee for Social Affairs Bui Sy Loi. — Photo news.zing.vn The draft revised Labour Code has proposed increasing retirement age to 62 for men and 60 for women from 2021. What are the foundations of this proposal? According to the 2012 Labour Code and Law on Social Insurance, the retirement age for men is 55 and for women is 50. The age is reduced by five to 10 years for jobs prone to high risks and toxic elements. In fact, the average retirement age for both men and women is only 54 because the retirement age set in the law is not always followed. The number of people in the workforce is on the decline. In the context of an aging … [Read more...] about Retirement age adjustment needs to be flexible: expert

The signing ceremony was held in Hanoi under the witness of the Ministry of Education and Training Based on the globally-recognised and award-winning financial literacy programme Cha-Ching Money Smart Kids, the partnership with JA Vietnam is expected to benefit up to 7,336 children from 31 primary schools in Hanoi in the 2019-2020 academic year and will expand nationwide in the coming years. Building on the success of the Cha-Ching, Prudence Foundation has partnered with Junior Achievement Asia-Pacific in 2016 to develop an enhanced Cha-Ching Curriculum that supports teachers in instilling money-smart skills in students’ daily life. Since then, the curriculum has been actively implemented in public primary schools for Grade 4 students by teachers in eight markets: the Philippines, Malaysia, Indonesia, Cambodia, Taiwan, Singapore, Thailand, and Vietnam. Since its launch in 2017, the curriculum has reached more than 380,000 students, with over 8,000 teachers trained to deliver … [Read more...] about Prudential and JA Vietnam implement Cha-Ching Curriculum across Hanoi

Dam made the statement at the E-payment Eco-system Development Forum 2019 under the theme “Motivation by Chip Technology,” which was co-organized by Thoi bao Kinh te Vietnam (Vietnam Economic Times) and the National Payment Corporation of Vietnam (NAPAS) in Hanoi on December 10. Deputy PM Vu Duc Dam addresses the forum. The Southeast Asian economy was dynamic with an internet economy of 100 billion USD that was expected to triple in the next five years,” said Dam. In order to promote the internet economy, a consensus was needed between State agencies, enterprises and banks, he said, adding that infrastructure must be changed at a cost but it would be worthwhile for economic efficiency in the long run. Technology had to be promoted to integrate information, including personal, health insurance and banking data, said the Deputy PM. He also noted that the Politburo and Government had adopted resolutions, strategies, directives and decisions on how to … [Read more...] about Cashless payment help boost internet economy: Deputy PM