The Hanoitimes - Hanoi will strive to implement the policy of raising the public sector’s wage level in accordance with the consumer price index, economic growth rate and the city’s budget by 2025. Vietnamese female laborers still discriminated in salary and promotion Public employees' basic salary to increase since July, 2018 Civil servants base salary up 5 percent Chairman of the Hanoi People's Committee Nguyen Duc Chung has approved the plan to implement nine key salary reforms, according to sources from Hanoi People's Committee Office. By 2021, the new salary regime will be applied in accordance with laborers' position and leadership position for officials, civil servants, employees in all the agencies under Hanoi’s management. Illustrative photo The lowest wage of officials, civil servants, employees will be equal to the lowest level of the business sector in Hanoi and gradually increase in accordance with the city's budget. Chairman … [Read more...] about Hanoi outlines roadmap for salary reform
Roadmap for product development
Vietnam’s development path a good roadmap for North Korea – VnExpress International
Nicolas Audier It is no coincidence that Hanoi was chosen to host the second summit between U.S. President Donald Trump and North Korean Leader Kim Jong-un. The fact that both sides selected Hanoi for their historic meeting shows the high level of faith that they have placed in Vietnam as a trusted and reliable partner. This is a huge diplomatic achievement for the Vietnamese government, and one which solidifies Vietnam’s position on the global stage and as a leader in ASEAN. However, unlike Singapore, where the first meeting between the two leaders was held, Vietnam is more than just an impartial host. It holds considerable relevance for North Korea at this point. While there are differences, Vietnam and North Korea have shared some common historical and political challenges. However, over the last few decades, the two countries have taken two quite different directions. While North Korea remains relatively isolated, Vietnam has reunified and established itself as a modern … [Read more...] about Vietnam’s development path a good roadmap for North Korea – VnExpress International
Securing the necessary funding for green growth
The Workshop on Capital Market for Green Growth At the Workshop on Capital Market for Green Growth yesterday (December 19), the Vietnam Green Growth Strategy fully embraced objectives like “traditional lifestyle” and “living in harmony with nature” in its green economy paradigm. The World Bank and other multilateral development banks have been warning that since August 2015, the implementation of the Sustainable Development Goals (SDGs) will require reinforcing funding and financing efforts from billions to trillions of dollars and that only combined funding and financing from the public and the private sector side can make the goals possible, with the private sector taking the lead. According to Marc de Bourcy, chargé d'affaires of the Luxembourg Embassy, Vietnam’s leadership is well aware that the implementation of the 17 SDGs and 115 specific targets depends in a large part on resource mobilisation and the effective and credible participation of … [Read more...] about Securing the necessary funding for green growth
NA deputies urge local enterprises to prepare for CPTPP
NA deputies urge local enterprises to prepare for CPTPPBy Thuy Dung NA deputies at a group discussion on the ratification of the CPTPP - PHOTO: QUOCHOI.VN HANOI – Most National Assembly (NA) deputies, at a group discussion on November 2, threw their support behind the early ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and urged domestic enterprises to prepare themselves to benefit from this free trade agreement. At the NA group discussion on the CPTPP ratification, deputy Tran Hoang Ngan from HCMC said the value of the trade pact in terms of the GDP of participating countries has dropped significantly, from US$30 trillion to US$11 trillion, since the United States’ withdrawal. However, it remains a new-generation agreement which will bring multiple opportunities for the local economy, especially in policy reforms and export. A larger volume of Vietnamese products with high quality and reasonable prices can be … [Read more...] about NA deputies urge local enterprises to prepare for CPTPP
Vietnam gears up for tough competition in fourth industrial revolution
On the occasion of Vietnamese Entrepreneurs' Day (October 13), Nhan Dan has noted down a number of entrepreneurs’ opinions on the measures to help businesses quickly adapt to the fourth industrial revolution. Truong Gia Binh, Chairman of FPT Corporation Digital transformation is inevitable Under the strong impacts of the fourth industrial revolution, proactive digital transformation is now an inevitable requirement to help enterprises overcome difficulties, reduce losses and take advantage of the opportunities brought about by the revolution. Many experts have warned that if Vietnamese enterprises fail to begin the digital transformation immediately, they could lose on their home ground, let alone conquering regional and international markets, because most business models in the digital age are common in that they are borderless. A successful digital transformation requires those in leadership positions to change their mindset and dare to take on new challenges. Business leaders … [Read more...] about Vietnam gears up for tough competition in fourth industrial revolution