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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

The HCMC Delegation of the 14th and 15th National Assembly (NA) deputies visit and offer gifts to troops stationed on Con Dao Islands. The event marked the 47th anniversary of the Liberation of Southern Vietnam and National Reunification Day (April 30) and the 132nd birthday of President Ho Chi Minh (May 19). Speaking at the event, Deputy Head of the delegation Van Thi Bach Tuyet expressed her joy at the development of Con Dao Island and tourism infrastructure, preservation and promotion of historical values, and improvement of the living standards of local people and soldiers on the island. Deputy Head of the delegation Van Thi Bach Tuyet  speaks at the meeting. She believed that the coast guard force on the island will successfully complete the assigned task, contributing to the construction and protection of the island. According to the Head of the military command of Con Dao District Pham Van Non, Con Dao archipelago includes 16 islands. The district has been … [Read more...] about HCMC’s NA deputies visit coast guard on Con Dao Islands

Modern medical equipment in Vietnam National Cancer Hospital helps to improve disease treatment quality MoH informed that the demands on medical equipment of healthcare institutes in Vietnam lately have gone up significantly, while the investment from state budget, the Official Development Assistance (ODA) loan, the financial support, and the fund for operational development of each unit are all limited. Therefore, healthcare institutes have borrowed medical machines and devices from auction winners for medical supplies and chemicals to answer these needs. On April 12, 2018, the Health Ministry sent formal Dispatch No.2009/BYT-KHTC to Vietnam Social Security (VSS) regarding health insurance payment for technical services related to these borrowed machines. On October 2, 2018, the two units agreed on payment details for this form in Announcement No.1039/TB-BYT-BHXH. It clearly states that VSS continues to use health insurance to pay for technical services of patients using … [Read more...] about Health insurance payment for services using borrowed machines show inconsistency

The Vietnamese defense delegation was led by its Defense Minister General Phan Van Giang. The welcoming ceremony for the Vietnamese delegation at Trapeang Sre Border Gate was solemnly conducted under the chair of Cambodian Deputy Prime Minister and Defense Minister General Samdech Pichey Sena Tea Banh. The first Vietnam-Cambodia border defense friendship exchange will be held in Loc Ninh district, Binh Phuoc province (Vietnam) and Snoul district, Kratie province (Cambodia) with many practical activities, contributing to promoting friendship between the two countries such as border landmark saluting ceremony, friendship tree planting, joint patrol of the two sides’ border protection forces, inauguration of the Vietnam-Cambodia Friendship Military Medical Station, visit to and presentation of gifts to students at Vietnamese and Cambodian schools, among others. On this occasion, the two defense ministers will hold talks to discuss world and regional situations, as well as the … [Read more...] about First Vietnam-Cambodia border defense friendship exchange officially kicks off

Hanoi-headquartered Techcombank recorded another year of stellar financial performance and growth in 2021, while continuing to support its customers, employees and communities in Vietnam, especially those impacted by the Covid-19 pandemic. In 2021, the bank recorded VND37.1 trillion (over $1.6 billion) in its total operating income, up 35.4 percent year-on-year. The bank’s profit before tax (PBT) rose to VND23.2 trillion. The company has achieved double-digit PBT growth for five consecutive years, at a compound average growth rate (CAGR) of 50 percent between 2016 and 2021. The bank’s performance remained resilient despite Covid-19 casting its shadow on the local markets and causing disruption to businesses and people’s lives. Techcombank grew its total assets by 29.4 percent, to VND568.7 trillion, and delivered an "industry-leading" return on its assets of 3.7 percent, according to the bank. It has also been able to maintain an impressive current account and savings account … [Read more...] about Digital, data and human excellence key components in Techcombank’s transformational journey

The investment registration certificate is a major enabler for the establishment of the Son My LNG terminal project company. The terminal will have an installed capacity of 450 trillion British thermal unit (TBtu) and represents a total investment of about $1.4 billion. "This is an important milestone for the development of the Son My LNG terminal project, which will supply liquified natural gas (LNG) to southern Vietnam and play a major role in shaping Vietnam’s energy future by diversifying the energy mix with imported LNG," said David Stone, president of AES Vietnam. Representatives of AES (L) and PetroVietnam Gas Joint Stock Company (R) were granted an Investment Registration Certificate for the Son My LNG terminal project. Photo by PV Gas The Son My LNG terminal complements AES’s project in the Son My 2 Combined Cycle Gas Turbine (CCGT) power plant. Together, the plant and the terminal affirm AES’s commitment to Vietnam’s economic growth and energy transition … [Read more...] about PV Gas, US firm get investment registration certificate for Son My LNG terminal