Phu My Hung Development Corporation opens Midtown Food Fest to celerate its anniversary. — Photo Courtesy Phu My Hung Development Corporation Midtown Food Fest was organised by the Phu My Hung Development Corporation in its Phu My Hung City Centre on Saturday, and it expected to receive thousands of visitors. The food festival is among several programmes the company has organised to celebrate its 29th anniversary, including magic shows and Yosakoi matching. Visitors had the chance to try Vietnamese and many types of foreign cuisines. They also had the chance to visit show flats at The Peak, a project the company is developing in the Southside District of Phu My Hung City Centre. On the occasion, it opened five fully furnished Sky villas. — VNS … [Read more...] about Food Fest organised in Phu My Hung City Centre
Protecting the global ocean for biodiversity food and climate
Vietnam to introduce national development strategies at 2022 Davos WEF
Vietnam attended four WEF annual meetings at prime ministerial level in 2007, 2010, 2017 and 2019, and joined the WEF on ASEAN at prime ministerial level four times in 2012, 2013, 2014 and 2017. (Photo: AFP/VNA) This will be one of the major multilateral foreign relations activities of Vietnam in 2022, especially in the context that the annual meeting of this major global economic forum has been postponed over the past two years due to Covid-19, according to Ambassador Le Thi Tuyet Mai, Permanent Representative of Vietnam to the United Nations, the World Trade Organization (WTO) and other international organizations in Geneva. She said that since Vietnam and the WEF set up their relationship in 1989, leaders of both sides have paid great attention to the promotion of bilateral ties in many fields. Vietnam attended four WEF annual meetings at prime ministerial level in 2007, 2010, 2017 and 2019, and joined the WEF on ASEAN at prime ministerial level four times in 2012, 2013, … [Read more...] about Vietnam to introduce national development strategies at 2022 Davos WEF
Hybrid work enhances employee well-being in Viet Nam
A view of Cisco Office which is deploying hybrid working model. Cybersecurity is critical for making hybrid working safe in Viet Nam. — Photo courtesy of the firm Hybrid working has improved total employee wellbeing, work-life balance, and performance in Viet Nam, according to a new global Cisco study. While organisations have benefited from higher employee productivity levels, more needs to be done to build an inclusive culture and fully embed hybrid work arrangements to boost readiness levels and enhance employee experience. Cisco's "Employees are ready for hybrid work, are you?" study found that 70 per cent of employees in Viet Nam believe that the quality of work has improved. A similar number (67 per cent) felt that their productivity has enhanced. On top of that, 84 per cent also feel their role can now be performed just as successfully remotely as in the office. However, the survey of 28,000 employees from 27 countries, including over 1,050 respondents from Viet Nam, … [Read more...] about Hybrid work enhances employee well-being in Viet Nam
Australian PM Morrison concedes, ending nearly a decade of conservative rule
Partial results showed Morrison’s Liberal-National coalition had been punished by voters in Western Australia and affluent urban seats in particular. "Tonight, I have spoken to the Leader of the Opposition and the incoming Prime Minister, Anthony Albanese. And I’ve congratulated him on his election victory this evening," Morrison said, stepping down as leader of his party. Labor had yet to reach the 76 of the 151 lower house seats required to form a government alone. Final results could take time as counting of a record number of postal votes is completed. A strong showing by the Greens and a of group of so-called "teal independents," who campaigned on policies of integrity, equality and tackling climate change, means the makeup of the new parliament looks set to be much less climate-skeptic than the one that supported Morrison’s pro-coal mining administration. Center-left Labor had held a decent lead in opinion polls, although recent surveys showed the Liberal-National … [Read more...] about Australian PM Morrison concedes, ending nearly a decade of conservative rule
Vietnam stocks ‘extremely cheap’: Finnish fund
The market’s forward price-to-earning (P/E) ratio has declined from 14.1 to 10.9 since April, tracking the 23 percent drop by the benchmark VN-Index. The fund’s founder, Petri Deryng, said the crash came as "a complete surprise" as there was news of robust earnings growth and valuations were modest. Vietnam’s valuations are now irrational with a forward P/E ratio of 10.9 though Q1 earnings growth was 31 percent and the forecast for the full year is 19-29 percent, he said. Vietnam’s five-year historical rolling P/E has been 16.5, and even topped 20 during periods of strong earnings growth, he pointed out. "The outlook of the global stock markets cannot be ignored when assessing the possible timing of the bull runs of the Vietnamese market, but at these valuations Vietnam offers a stable economy and extremely cheap stocks," he said in a note published Thursday. Vietnam’s stock market was affected by the conflict in Ukraine and the fall of the Nasdaq, but the crash was mainly … [Read more...] about Vietnam stocks ‘extremely cheap’: Finnish fund
HCM City should do more to reduce occupational hazards: conference
A representative of the HCM City Labour Confederation presents bank savings books to workers suffering from occupational accidents and diseases in District 5 on Friday, May 20. — VNA/VNS Photo Thanh Vũ HCM CITY — Regular communication and training in occupational safety is vital to ensure better working conditions and health protection, reducing workplace accidents, a senior labour leader says. Phạm Chí Tâm, deputy chairman of the HCM City Labour Federation, said at a conference held in the city last Friday (May 20) that it was necessary that the work on occupational safety and health in agencies, units, and business establishments becomes a “habit.” HCM City is among localities in the country with the highest number of work-related accidents. However, it has been making progress in this regard, the conference heard. Last year, the city recorded 544 occupational accidents, down 45.9 per cent over the previous year. These resulted in 549 deaths and injuries, a year-on-year … [Read more...] about HCM City should do more to reduce occupational hazards: conference