South Korea tops with 6.91 points followed by India with 5.76 and Malaysia with 5.59, Chung Ngoc Que Chi of the Ho Chi Minh City Technical and Economic College listed these numbers in a presentation at a forum on enhancing Vietnamese workers' skills held in Hanoi on Friday and Saturday. She also cited a survey by the World Bank and the Central Institute for Economic Management (CIEM) of 350 businesses in production and services in Hanoi, HCMC and neighboring provinces, which showed that 66 percent of businesses employed foreign laborers and 36 percent of domestic businesses were dissatisfied with the quality of education and training of Vietnamese human resources. Chi said Vietnam suffers in terms of both quality and quantity, with shortcomings in foreign language and IT skills and ability to use technologies. She blamed it on the large gap between the country's vocational education and the market's requirements, and called for forging close ties between schools and businesses for … [Read more...] about Human resources quality remains big challenge for Vietnam
Vietnam cambodia relations
Vietnam supports private investment in electricity transmission lines
Allowing private investors to develop electricity transmission lines is expected to be the best solution to settle the electricity shortage. The Ministry of Industry and Trade (MOIT) has asked the Prime Minister to approve the Trung Nam – Thuan Nam solar power and electricity transmission line project. Ninh Thuan and Binh Thuan have the highest numbers of solar power plants, while the regional transmission network is weak, which has led to overloading. Reports show that many transformer stations and transmission lines have overloading of over 200 percent. Ninh Thuan and Binh Thuan have the highest numbers of solar power plants, while the regional transmission network is weak, which has led to overloading. Reports show that many transformer stations and transmission lines have overloading of over 200 percent. Linh Ha Change of direction for VN solar industry The country’s feed-in tariff has supported a boom for Vietnam’s solar sector, but now the Ministry … [Read more...] about Vietnam supports private investment in electricity transmission lines
Workshop seeks to boost Vietnam’s digital economic development
At a workshop themed “Policy Aspects for Vietnam Digital Economic Development,” jointly held by the Ministry of Industry and Trade (MoIT) and the World Bank Group in Hanoi, he described cyber security and its crucial role in protecting online customers as important factors to develop Vietnam’s digital economy. Enhancing digital skills for local residents should be priorities in the Government’s policies to ensure that equal opportunities from the digital economy are offered to all, the official suggested, adding that the education system must be improved to well meet the market requirements. The digital age offers opportunities for the economy of Vietnam. Photo: sapo.vn According to Dang Hoang Hai, head of the MoIT’s Department of E-commerce and Digital Economy, Vietnam has a total population of more than 96 million people, 64 million of whom get access to the Internet and 57 percent of the population have social accounts. Last year, … [Read more...] about Workshop seeks to boost Vietnam’s digital economic development
Electronics, jewelry chains locked in wrist watch sales race
Mobile World (MWG) as a new player in the market this March, opening its first watch outlet in Ho Chi Minh City, emerging has a competitor to gold and jewelry chain Phu Nhuan Jewelry (PNJ), which has been selling watches since 2012. MWG, a major seller of smartphones and household electronics products, as of September has displayed watches in 134 outlets, outnumbering 22 outlets of PNJ. The two companies are now major competitors in Vietnam’s watch market which observers say is showing greater potential as rising incomes of the middle class prompts spending on luxury accessories. Analysts from stock brokerages say Vietnam’s watch market has not seen a dominant player accounting for than 20 percent of share. Both PNJ and MWG are looking for a new revenue sources on top of their core business which is showing signs of slowing down. Both companies are offering discounts of 20-40 percent to attract customers. They both sell the watches mostly in their existing stores. PNJ has … [Read more...] about Electronics, jewelry chains locked in wrist watch sales race
Vietnamese defence minister urges more internal integrity within ASEAN
At the ASEAN Defence Ministers’ Meeting Retreat in Bangkok on November 17 (Photo: VNA) Bangkok (VNA) – The Association of Southeast Asian Nations (ASEAN) should exert more efforts to enhance internal integrity so as to flexibly cope with external challenges and impact, Defence Minister General Ngo Xuan Lich said on November 17. Attending the ASEAN Defence Ministers’ Meeting Retreat (ADMM Retreat) in Bangkok on the day, Lich said as the ASEAN Chair 2020, Vietnam affirms its wish to promote internal connectivity, improve the efficiency of ASEAN-led defence cooperation mechanisms, and enhance cooperative ties with dialogue partners. He laid a stress on several regional challenges, including competition among powers in the region, as well as compliance with international law to maintain regional and global peace and stability. No respect for international law will make the countries lose faith in each other, and lead to escalating tensions in a more serious case, he … [Read more...] about Vietnamese defence minister urges more internal integrity within ASEAN
