VietNamNet Bridge - The number of 200,000 unemployed workers with higher education level, as reported by the Ministry of Labor, War Invalids and Social Affairs (MOLISA), is considered high if compared with the number of university graduates every year. There are 200,000 unemployed bachelor's degree graduates According to the Ministry of Education and Training (MOET), there are 1.1 million university and junior college students, with 300,000 graduates each year. Since 2015, the number of unemployed bachelor’s degree graduates has been stable at 200,000. The labor market receives 100,000 bachelor’s degree graduates a year. Unemployed workers’ means individuals aged 15 and higher who have working capability and demand, and are looking for jobs, but have not found them. One report shows that up to 60 percent of university graduates take jobs unrelated to their major. If so, only 15 percent of graduates can get jobs in their major. The high unemployment … [Read more...] about Number of unemployed university graduates in VN remains high
VietNamNet Bridge - Vietnamese livestock companies believe that foreign-invested enterprises are involved in the current pork price escalation, and that “the livestock industry may fall into foreigners’ hands just in one or two years”. The pork price has been escalating Tran Van Chien, director of Co Dong Livestock Cooperative in Hanoi, said there are ‘abnormal’ signs in the current price escalation which began one month ago. Vietnamese livestock companies believe that foreign-invested enterprises are involved in the current pork price escalation, and that “the livestock industry may fall into foreigners’ hands just in one or two years”. Chien warned at a conference one year ago that the pig price would plunge and bounce back again, but the profit would go to FIEs’ pockets, while Vietnamese farmers would be at a disadvantage. RELATED NEWS VN livestock industry in danger as imports are too cheap High feed prices cut … [Read more...] about Are FIEs the cause behind the increase in rising pork prices in VN?
Viet Nam News HCM City – Việt Nam is integrating increasingly with the global economy, having signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) this month and discussing four other free trade agreements, the annual Economic Scenarios Conference heard in HCM City yesterday. Speaking at the conference, titled “Breakthrough opportunities for business growth”, Ngô Văn Tuấn, deputy chairman of the Party Central Committee’s Economic Commission, said: “Such efforts will strongly promote Việt Nam’s competitiveness and economic development in the digital era. “This is a good opportunity for foreign and domestic investors to strengthen their investment and trade relations.” Deputy Minister of Planning and Investment Nguyễn Văn Hiếu said: “Việt Nam now has a lot of advantages and a great chance for steady development and a prosperous future.” … [Read more...] about VN moves closer to full global integration
19:41 | 22/03/2018 VGP - Viet Nam opposes and resolutely rejects China’s unilateral decision to adjust regulations on a fishing break at sea, including some territorial waters of Viet Nam, said the Foreign Ministry’s spokeswoman Le Thi Thu Hang. Hang made the statement at a regular press conference in Ha Noi on March 22, in response to the Viet Nam News Agency (VNA)’s reporter’s query related to the Chinese Ministry of Agriculture’s announcement of the adjustments to the regulations. The spokeswoman stressed that Viet Nam has sufficient legal ground and historical evidence affirming its sovereignty over Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagoes, as well as legitimate rights over its waters in line with the 1982 United Nations Convention on the Law of the Sea (UNCLOS). These regulations violate Viet Nam’s sovereignty over Hoang Sa archipelago, and the country’s legal rights and interests over its waters, as … [Read more...] about VN resolutely rejects China’s fishing regulations
Vietnamese e-commerce has been exploding two decades after the internet first came to Viet Nam, said head of the Ministry of Industry and Trade’s Department of E-Commerce and Economy Dang Hoang Hai. — Photo vov.vn Vietnamese e-commerce has been exploding two decades after the internet first came to Viet Nam, said head of the Ministry of Industry and Trade’s Department of E-Commerce and Economy Dang Hoang Hai. The Viet Nam Online Business Forum (VOBF) 2018 opened in Ha Noi on Wednesday following last year’s success. Statistics showed that e-commerce has grown 25 per cent in the last year alone– among the world’s fastest growth rates. Hai hoped that the forum, with the participation of prestigious experts at home and abroad, would discuss new e-commerce trends, outstanding technologies and innovative business ideas. The E-Business Index released by the Viet Nam E-Commerce Association (VECOM) showed that online retail and marketing, tourism and payment … [Read more...] about E-commerce boom in VN’s future: experts