Asia's Best Place to Work is a prestigious international award held by HR Asia for many years to honour businesses with top working environments and outstanding human resource policies, allowances and benefits, sustainable remuneration, and exciting annual activities that connect employees. VSIP JV was honoured to receive this prestigious award right the first time it attends the nomination. Along with the journey of more than 26 years of establishment and development, VSIP’s welfare policies have been increasingly focused when continuously providing diverse insurance packages for employees and their family members. The company also has providing talks on health consultation and periodic health checkups at international hospitals. Thereby, employees and staff are equipped with wide knowledge and care more about their own health, creating a premise for the sustainable development of themselves and their families. HR Asia Award honours VSIP JV as Best Place to Work in … [Read more...] about HR Asia Award honours VSIP JV as Best Place to Work in Vietnam 2022
When was sustainable development used by the world commission on environment and development
Green standards top policies for fresh foreign ventures
The approval of Vietnam’s circular economy development plan, announced in June, aims to help reduce greenhouse gas emissions by 15 per cent of GDP by 2030 (as compared to 2014). The commitment at COP26 by Vietnam to achieve net-zero carbon emissions by 2050 is considered the main call for investment into green technologies and friendly-environmental projects, as well as approval of plans such as the aforementioned circular economy one. These messages have sent a strong signal regarding the country’s direction towards low-carbon, green development, and a circular economy, and could be a new driving force for Vietnam’s sustainable socioeconomic development, helping to improve its competitiveness and foreign direct investment (FDI) into the country. While governments have committed to lowering CO2, companies are also following suit for the good of the planet, Photo: Shutterstock As a result, numerous groups have made decisions in terms of investment and other operations … [Read more...] about Green standards top policies for fresh foreign ventures
Inflation in Singapore expected to peak in Q4: official
Inflation in Singapore expected to peak in Q4. (Photo: AFP/VNA) Singapore (VNA) - Inflation in Singapore is expected to peak in the next two to four months and will start to ease thereafter, Deputy Prime Minister and Finance Minister Lawrence Wong has said. In an interview granted to Bloomberg, Wong said inflation rates here may very well settle at a higher rate given the geopolitical environment, supply chain issues and how economies are transitioning towards becoming more sustainable. He added that the extent of this easing towards the year end and where the new inflation rates will stabilise at are big uncertainties. Wong noted that they are not likely to return to the rates Singapore had been used to over the last decade or so, as zero to 1% inflation was a historical anomaly and never used to be so low. The Monetary Authority of Singapore (MAS) has already tightened monetary policy four times in the last nine months to dampen inflation, Wong said, adding … [Read more...] about Inflation in Singapore expected to peak in Q4: official
Denmark extends agri-food expertise to Vietnam
With expertise and advanced technology, Danish firms are expected to develop Vietnam's agri-food industry for high efficiency and sustainability. A delegation of 13 leading Danish agri-food firms in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions is giving expertise to Vietnamese partners Representatives of Danish companies attend the seminar held in Hanoi on August 17. Photos: Embassy of Denmark in Hanoi The delegation, which works in areas important for improving agri-food production towards high efficiency, green, and sustainability, expects to share experiences and introduce world-leading and well-proven Danish solutions in agri-food production and look for opportunities to cooperate with Vietnamese companies. The expertise was shared at during Seminar – Business Matchmaking held in Hanoi and Ho Chi Minh City on August 16-19. The events are part of a joint effort between the Embassy … [Read more...] about Denmark extends agri-food expertise to Vietnam
CT Group wins at HR Asia Awards 2022
This score is 25 per cent higher than the average score of businesses competing across Asia in 2022 and far ahead of the average score for the Vietnamese nominations. To achieve this position – one that many businesses across the continent aim for – is not easy because the list of Asia's Best Places to Work is selected through an extremely rigorous evaluation process via the Total Engagement Assessment Model – a model based on the criteria of Core, Self, and Group that are applied to major human resource markets in Asia. Core (collective organisation for real engagement) assesses culture, discipline, management capacity, leadership, and agile initiatives. Self (heart, mind, and soul) assesses the level of cohesion, pride, and emotion at work. Finally, Group (think, feel, and do) measures the level of cooperation between members within the business. A representative of CT Group at the HRAA 2022 award ceremony Speaking at the honouring ceremony, deputy director of … [Read more...] about CT Group wins at HR Asia Awards 2022
Banks struggle to recruit personnel for digital transformation
Staff of Sai Gon Bank interview candidates at a job fair held by the HCM City University of Economics in May. — Photo diendandoanhnghiep.vn Banks are focusing on digital transformation and automation, which has led to increasing demand for IT and data personnel, according to a report recently released by the recruitment service provider Navigos Group. Banks need high-quality human resources, yet it can be difficult and costly to find qualified staff due to market competition. Digital transformation has been undertaken by large banks in the past three to five years. Due to competition and the pandemic, numerous banks have expanded their digital transformation over the past two years. Searches by banks for mid- and high-level positions related to digital banking and digital transformation occupied half of bank jobs from the second half of 2021 to mid-2022. Some positions that are always in high demand for digital transformation include product owner, project manager, business … [Read more...] about Banks struggle to recruit personnel for digital transformation