The new office marked FPT’s development and improvement of Vietnam’s IT capacity, Prime Minister Pham Minh Chinh said at the opening ceremony. The PM also called on Vietnamese authorities to support Vietnamese businesses abroad, which will contribute to the country’s development. Pham Minh Tuan, FPT Software general director, targets turning the U.S. into its biggest market in the next two years and raising revenues to billions of dollars by 2023. Located at 295 Madison Avenue in Midtown Manhattan, the new office is FPT Software’s 58th unit globally. FPT Software started operating in the U.S. 14 years ago. It has more than 700 customers to date, 100 of which are Fortune Global 500 companies. … [Read more...] about FPT Software opens second office in New York
New york new year s eve
Hunt for human talent for tourism – Vietnam’s new normal: RMIT University
As Vietnam reopens its borders to tourism, attracting, developing and retaining a quality workforce has become the top priority for this industry. With borders reopened and tourism promotion campaigns launched in Vietnam, hotels, tour operators and ancillary service providers across the country might be facing a major problem: shortage of qualified labor. Dr Nuno F. Ribeiro, RMIT University Vietnam During the worst period of the pandemic in 2020-2021, many tourism organizations had to reduce their (experienced) workforce. A report by the Ministry of Culture, Sports and Tourism revealed that tourism businesses cut staff by 70-80% in 2020. In 2021, the number of full-time tourism employees was down to 25% of the 2020 level, and about 30% quit their jobs or had their contracts terminated. These workers have either returned to their original employment prior to tourism and hospitality or they have found employment elsewhere. Now a great number of them are … [Read more...] about Hunt for human talent for tourism – Vietnam’s new normal: RMIT University
Mastercard offers new range of benefits and experiences for affluent consumers in Vietnam
On May 16, Mastercard announced the enhanced World and World Elite card programmes, providing affluent consumers in Vietnam and other markets in Southeast Asia a range of rewards, lifestyle privileges, and experiences at home and abroad. The card programmes also provide an additional security layer with Mastercard ID Theft Protection TM that allows cardholders to proactively monitor and be alerted to instances of identity fraud. According to Mastercard’s inaugural experience survey conducted in 2021, the pandemic drove people to redefine their expectations, leading them to focus more on self-care, such as prioritising mental well-being (85 per cent), emotional well-being (83 per cent), and physical well-being (83 per cent) to help them feel uplifted and build better connections with others. With people in Vietnam increasingly focusing on these factors, the enhanced Mastercard World and World Elite card programmes will provide consumers access to a range of experiences, … [Read more...] about Mastercard offers new range of benefits and experiences for affluent consumers in Vietnam
Vietnamese PM receives leaders of Warburg Pincus, Glenfarne Group
Prime Minister Phạm Minh Chính received CEO of Warburg Pincus Charles Kay in New York on May 15 (US time) in New York. — VNA/VNS Photo Dương Giang NEW YORK — Prime Minister Phạm Minh Chính received executives of Warburg Pincus and Glenfarne Group in New York on May 15 (US time), as part of his working visit to the US and the UN. Meeting with CEO of Warburg Pincus Charles Kaye, PM Chính noted that it is necessary to improve the effectiveness of funding and focus on the key areas that can boost other fields. He stressed Việt Nam is investing in developing strategic infrastructure, including digital and transport infrastructure, digital transformation, climate change fight, the capital market, calling on the private equity firm to promote sources of investment in Việt Nam in these areas. Clarifying the issues of Warburg Pincus’s concern like the cooperation capability of Vietnamese companies, macro-economic stability, infrastructure, and logistics, the PM affirmed that the … [Read more...] about Vietnamese PM receives leaders of Warburg Pincus, Glenfarne Group
Each overseas Vietnamese should be the country’s most vivid representation
Prime Minister Phạm Minh Chính took a photo with Vietnamese students in New York, the US on May 15. — VNA/VNS Photo Dương Giang NEW YORK — Prime Minister Phạm Minh Chính had a meeting with some overseas Vietnamese, (OV) intellectuals and young people in New York on May 15 (US time). Representatives of the overseas community reported on their living, working, and studying situation as well as activities in New York, noting that the Vietnamese people here have always fulfilled the obligations of citizens, turned their hearts towards the homeland, and are delighted at the country’s development. Fielding questions about Việt Nam’s measures for attracting foreign investment, PM Chính said Việt Nam has an appropriate policy, competitive edges, and a stable legal system that matches its international commitments. It is also stepping up administrative reforms, developing comprehensive infrastructure, forming a business climate suiting Việt Nam and global trends, and gearing up … [Read more...] about Each overseas Vietnamese should be the country’s most vivid representation
☀️ Morning digest on May 16
Hanoi (VNA) - The following is a list of selected news summaries over the weekend by Vietnam News Agency. Vietnamese Prime Minister Pham Minh Chinh attends the summit. (Photo: VNA) - Vietnamese Prime Minister Pham Minh Chinh attended ASEAN – US Special Summit on May 13 (US time), during which he said said he hopes major powers, who are all partners to the Association of Southeast Asian Nations (ASEAN), to work towards stable relations and responsible, healthy competition, for the sake of regional and global peace and security. Read full story PM Pham Minh Chinh (front, third from right) and other officials at the opening ceremony of the FPT Software office in New York on May 15 (Photo: VNA) - The Prime Minister Pham Minh Chinh attended the opening ceremony of an office of FPT Software, a subsidiary of the FPT Group, in New York city on May 15, as part of his working visit to the US and the UN. This is FPT Software’s second office in New York, 10th in the US, and 58th … [Read more...] about ☀️ Morning digest on May 16