Poverty reduction china

Vietnamese more concerned about healthcare, economic growth amid pandemic: report

April 14, 2021 by e.vnexpress.net

The 2020 Vietnam Provincial Governance and Public Administration Performance Index (PAPI), issued Wednesday, is a nationwide policy monitoring report that surveys citizens’ opinions on the performance and quality of policy implementation and service delivery by Vietnam’s provincial governments. Last year, 14,732 respondents from all 63 cities and provinces were surveyed for the report.

While poverty remains the most important issue for around 18 percent of respondents, the percentage was much lower than in 2019 at around 25 percent, and is in fact the lowest since 2015. Instead, health, health insurance and economic growth has taken center stage, as concerns about economic growth rose from 10 to 13 percent, and those regarding health and health insurance dramatically rose from 2 to 17 percent from 2019.

The shift in concern reflects the overall anxiety among Vietnamese over the economic situation at home, especially amid the coronavirus pandemic. People’s satisfaction regarding their household economic situation has dropped to its lowest for the last five years, while their evaluation of Vietnam’s economy has also become the most pessimistic of the past three years, according to the report.

For the first time in a decade, more respondents said their household economic situation was either poor or very poor compared to those who reported it to be either good or very good. People’s confidence in the economy also remarkably shifted, with a record high proportion saying the national economic situation was bad, the report added.

Of greatest concern is the clear gender differences in 2020, with women more concerned with poverty, healthcare and education, while men are more worried about economic growth, national security, corruption and issues related to the East Sea, known internationally as the South China Sea, the report stated.

Vietnam’s labour market to recover as half of companies look to increase headcounts

April 14, 2021 by www.vir.com.vn

Prospects are bright for Vietnam’s labour market this year

The report also reveals that 58 per cent of those employed anticipate looking for new job opportunities, while another 34 per cent are passively open to new roles. Around 10 per cent expect a zero pay increase from their current salary for new job offers.

The insights in this report are derived from a regional survey that covers 12 Asia-Pacific markets. The responses came from over 5,500 businesses and 21,000 employees, of which 3,500-plus are directors or CXOs.

Mark Donnelly, director of Michael Page Vietnam says, “By all accounts, Vietnam has weathered the COVID-19 pandemic better than many of its neighbours in the region. Its tight and swift control of the situation not only kept the number of cases low by comparison, Vietnam’s economy, too, remained in a relatively good shape over 2020. While multinational companies based there were cautious on the recruitment front, domestic companies took the opportunity to ramp up their hiring activities and secure the best available talent.”

“Our Talent Trends 2021 report reflects vital market insights for the next 12 months ahead of us. Acquiring and retaining high potential talent will be crucial for future growth. We saw many businesses looking to prevent employee cuts and redundancies as much as possible during the pandemic. And several industries are already showing signs of a healthy recovery,” he said.

This was evident especially among Vietnam’s burgeoning technology sector. Startups and e-commerce, for example, operated unabated throughout the year, and hiring demands within those sectors were healthy.

In recent times, Vietnam’s efforts to position itself as a hub for software development also paid off in 2020, with markets like Japan, Hong Kong, China, and South Korea investing heavily into the country’s technology sector. Despite a slow year for manufacturing, Vietnam still saw a record year in terms of export surplus – a positive indicator for the road ahead.

Looking ahead, Vietnam is well-positioned to bounce back from the impact of COVID-19. In the meantime, businesses are well-advised to focus on employee engagement and well-being, ensuring that the entire organisation is poised for the recovery phase and beyond, according to Donnelly.

By Thanh Van

Vietnam to maintain growth with new leadership: Malaysian media

April 14, 2021 by en.vietnamplus.vn

A corner of Ho Chi Minh City (Photo: VNA)

Kuala Lumpur (VNA) – The Malaysian news service site theinnews.com (INS) has published an article, titled “Vietnam’s economy to keep growing solidly with new leaders”, highlighting that despite COVID-19, Vietnam has emerged as a shining star in Asia.

The article said the country’s political and economic achievements came from pandemic containment efforts that restrict COVID-19 impact on the economy. It noted the country has also wisely invested heavily in public healthcare system, which had benefited its people even before COVID-19.

“Effective management of COVID-19 has allowed the country to outperform all its regional counterparts,” it said, citing an example that Vietnam’s economy grew 2.9 percent last year from a year ago, outperforming even China which posted 2.3 percent growth during the same period according to the International Monetary Fund (IMF).

The article also noted that as ASEAN Chair in 2020, while developing collective effort against COVID-19 and establishing joint groups related to public health emergencies, Vietnam undertook major initiatives under its chairmanship including cooperation on transnational crime, public security and coordination among the ASEAN law enforcement agencies.

Regarding Vietnam’s transition of leadership, the article expressed its belief that its new leaders will help develop the nation further.

It said in the face of a challenging situation in several countries in the region due to domestic political, economic and social instability, Vietnam stands out as a place of calm in a storm of uncertainty with a strong government in place that has managed to keep people employed and taken care of./.

VNA