Workers have returned to a foreign-invested textile company in COVID-19-hit Bình Dương Province after the southern locality eases lockdown measures with outbreaks being contained. — VNA/VNS Photo Chí Tưởng HÀ NỘI — The Vietnamese Government always listens to and creates the best possible conditions for foreign enterprises and investors to clear hurdles, set up a new normal environment, and recover their production and businesses at the earliest possible, stated Foreign Ministry Spokesperson Lê Thị Thu Hằng. It is committed to preventing disruption to production and supply chains and ensuring smooth circulation of goods across the country, according to the spokeswoman. At the ministry's regular conference held virtually on Thursday, Hằng said with COVID-19 prevention and control measures implemented in the past time, the pandemic situation in Việt Nam was gradually being controlled and the country was step by step transitioning to a new normal. She noted that the … [Read more...] about Vietnam always creates best possible conditions for foreign firms, investors: FM spokesperson
Vietnam textile and garment association
Vice President of the Italy-ASEAN Association Romeo Orlandi (R) and Nguyen Duc Thanh, Vietnamese Trade Councilor in Italy at the event. (Photo: VNA) Rome (VNA) – The Vietnamese Embassy in Italy and the Festival della Diplomazia ( Diplomacy Festival ) jointly held a conference on renewable energy and sustainable development in ASEAN in Rome on October 20, which drew a large number of Italian and European firms. Addressing the event, Vietnamese Ambassador to Italy Nguyen Thi Bich Hue said that renewable energy is a priority of many countries, aiming to serve sustainable development goals and the reduction of global climate change impacts. She noted that Italy has proved its important role in the field through positive initiatives while performing the role of the President of G20 and co-host of the COP26. Renewable energy has received great attention and investment from ASEAN countries, she said, noting that in Vietnam, the Government has defined climate changes … [Read more...] about Italian firms interested in renewable energy in Vietnam, ASEAN
Secretary General of the International Telecommunication Union (ITU) Houlin Zhao praised the proposals and initiatives of Vietnam and hoped that it would share its experiences with other ITU member countries. The ITU is a specialized organization of the United Nations established on July 15, 1947. The ITU has 193 member countries, and more than 700 associate members that are businesses, research institutions operating in the fields of telecommunications and information technology, and regional and international organizations. The ITU is an organization with the mission of maintaining and strengthening international cooperation in the fields of wireline, radio, fiber optic cable, and satellite in all member countries to enable the use of telecommunications in the most effective way. Vietnam’s role in ITU Since 1975, the Government of the Socialist Republic of Vietnam has been the sole legal representative of Vietnam to participate in the ITU. In recent years, … [Read more...] about What is Vietnam’s role in the International Telecommunication Union?
Many companies in HCM City accelerate production since the lockdown was lifted half a month ago. — Photo danviet.vn By Xuân Hương HCM CITY — Sixty per cent of companies in HCM City have resumed production since the lockdown was lifted half a month ago. The resumption in transportation to other cities and provinces has favoured them, the HCM City Union of Business Associations (HUBA) said. Chu Tiến Dũng, HUBA chairman, said enterprises have worked actively with their workers and partners to speed up production to complete order backlogs and accept new orders. Nguyễn Văn Bé, chairman of the HCM City Export Processing Zone and Industrial Park Authority Business Association (HBA), said 1,500 companies, including 500 foreign ones, in the city’s industrial parks and export processing zones have resumed operations, with 60 per cent of them going back to more than 80 per cent capacity. “Walking around the factories, we realised that the city's solution of ‘living with … [Read more...] about Businesses resume production as workers return
Upskilling and reskilling could be key solutions to solving the labour shortages, Photo: Le Toan With thousands of workers previously based in major cities deciding to move back to their hometowns due to unbearable pressures through the summer’s pandemic restrictions, a wide array of companies in textiles, footwear, electronics, and more are suffering from massive gaps in labour and accompanying skills. According to Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association, related enterprises are also encountering the double issue of labour shortages of unskilled workers as the peak production period for Lunar New Year approaches. “Lack of human resources is an existing problem for textile enterprises, especially in Ho Chi Minh City and the southern provinces,” Giang said. “This is a huge challenge for them because we do not have an optimal plan to recruit workers in these new conditions. I think the labour deficit from now to the end of the year could be more … [Read more...] about Level-up can protect workers
In the midst of a stressful time of the epidemic, the Ministry of Planning and Investment is developing a program to recover the economy after the pandemic. According to Minister Nguyen Chi Dung, Covid-19 has disrupted production and business activities of enterprises around the world and seriously affected the Vietnamese economy. Along with that, the epidemic has disrupted many supply chains in the world and Vietnam. However, when the economy recovers from the pandemic, demand will also increase. Vietnam needs to take advantage of this opportunity to bring businesses into the supply chain. Growth and opportunity The Ministry of Planning and Investment and the United Nations Development Program (UNDP) in Vietnam researched and re-evaluated the impact of the Covid-19 epidemic on the supply chain of 10 industries in Vietnam. They selected three priority industries for in-depth research: agriculture, food processing and automobiles. These are the three industries … [Read more...] about Welcome the great opportunity after pandemic