New vision center

Cultural industry development will be based on the principle of ensuring harmony between preservation and development (Photo: VNA) Hanoi (VNA) - The Hanoi municipal Party Committee has issued a Resolution on "Developing the cultural industry in the capital in 2021-2025, with orientations to 2030 and a vision to 2045,” to promote the development of Hanoi’s culture and people in a sustainable way and meet international integration’s requirement . Culture contributes to GDP growth Secretary of the Hanoi Party Committee Dinh Tien Dung said that the Hanoi Party Committee determines that the development of the cultural industry will be based on the development of Vietnam ese culture and people in general and the capital city in particular. This will maximise cultural and human resource s, creating endogenous strength - an important driving force - for the sustainable development of the capital. Developing the cultural industry is a priority of the socio-economic … [Read more...] about Cultural industry to be source of sustainable development in Hanoi

South Korean authorities continue to reject work visa applications from residents of two districts in Thanh Hoa Province, north-central Vietnam, due to rampant visa overstays, according to a statement made at a conference in Hanoi. Workers from Hoang Hoa and Dong Son Districts in Thanh Hoa Province will likely continue to have their South Korean work visas rejected, said Le Dinh Tung, deputy director of the provincial Department of Labor, Invalids and Social Affairs at the conference on Vietnamese workers and experts working abroad held in the capital city on Tuesday. The event was jointly organized by the Central Economic Commission, the Ministry of Labor, Invalids and Social Affairs, and the International Labor Organization (ILO) Office in Vietnam. As these districts are home to a number of workers who have continued living in South Korea despite their labor contracts having expired, South Korean authorities have suspended accepting workers from these locales until further … [Read more...] about S.Korea continues refusing guest workers from Vietnam’s Thanh Hoa due to visa overstays

Well you got caught with a flat? Well, how 'bout that Well babies, don't you panic By the light of the night, it'll all seem alright I'll get you a Satanic mechanic (Lyrics from the Rocky Horror Show) You hear that chunk and feel the dump and know you’re in trouble. Yes, it’s that wonderful time when you get a flat tire and need to find the repair shop pronto. Murphy’s Law (anything that can go wrong will go wrong!) applies here: 1) it nearly always happens when you are the furthest away from a repair shop; 2) it will happen when you are in a hurry to get somewhere; or 3) just when you’ve achieved that perfect mood to get through the day… (A note for English learners – ‘tire’ is used in America and Canada, however most of the rest of the world spells it ‘tyre’ – the rubber outside part of a wheel.) A mechanic repairs a motorbike for free during a rainstorm in Da Nang in December 2018. Photo: Doan Nhan / Tuoi Tre Your magic words will be ‘sửa chữa’ … [Read more...] about The art of motorbike repairs in Vietnam

On August 12, the Danang People's Committee in collaboration with State Committee for Overseas Vietnamese Affairs (SCOV) held a seminar in Ho Chi Minh City to introduce Danang’s investment climate. The event attracted overseas Vietnamese to participate online from 19 countries and territories including the United States, Canada, Japan, South Korea, China, Taiwan, Australia, Germany, Russia, Poland, Slovakia, England, France, Italy, Belgium, Switzerland, Hungary, Thailand, and Mongolia. The event also saw the participation of 100 enterprises run by Vietnamese abroad. At the seminar, Do Thi Quynh Tram, deputy director of the Investment Promotion and Support Department shared a report about Danang’s strategies for development and called for investment in the city. The report covers preferential policies as well as projects calling for investment in the fields of high-tech industry, IT, supporting industries, and industrial park infrastructure construction. She also … [Read more...] about Overseas Vietnamese strengthen Danang’s investment climate

Staff of Sai Gon Bank interview candidates at a job fair held by the HCM City University of Economics in May. — Photo diendandoanhnghiep.vn Banks are focusing on digital transformation and automation, which has led to increasing demand for IT and data personnel, according to a report recently released by the recruitment service provider Navigos Group. Banks need high-quality human resources, yet it can be difficult and costly to find qualified staff due to market competition. Digital transformation has been undertaken by large banks in the past three to five years. Due to competition and the pandemic, numerous banks have expanded their digital transformation over the past two years. Searches by banks for mid- and high-level positions related to digital banking and digital transformation occupied half of bank jobs from the second half of 2021 to mid-2022. Some positions that are always in high demand for digital transformation include product owner, project manager, business … [Read more...] about Banks struggle to recruit personnel for digital transformation

Production recovery An increasing number of multinational corporations are raising capital and/or moving production to Vietnam. Data from the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment showed that by the end of June 2022, the capital of newly registered projects, increases in the capital of ongoing projects and capital contribution and stock purchases by foreign investors totaled over US$14.03 billion, equivalent to 91.1 percent over the same period in 2021. Foreign direct investment (FDI) projects were estimated to have disbursed US$10.06 billion, an increase of 8.9 percent compared to the same period in 2021. Foreign enterprises are interested in high-tech manufacturing in Vietnam RSM Vietnam Chair Le Khanh Lam said foreign investment has always been the main driving force for Vietnam’s economic growth. Despite the impact of the COVID-19 pandemic over the past two years, Vietnam is regaining its growth momentum, with the … [Read more...] about Vietnam draws increased foreign investment