Agriculture has always been a pioneer in the Doi Moi (renovation) process, contributing significantly to achievements in poverty reduction and food security in Vietnam. In the time of globalization and integration, Vietnam aims to develop agriculture on a green, low-emissions foundation to contribute to realizing its commitment to carbon neutrality by 2050. This vision will help the agriculture sector reduce costs, use less inputs and resources, and create multi-value integration, thereby affirming Vietnam’s position as a powerhouse of ecological and carbon neutral agriculture and a food supplier of “Transparency - Accountability – Sustainability”. Agricultural support Vietnam exports more than 6 million tons of rice every year. The early years of the 21st century marked a turning point for the food system in Vietnam. As one of the poorest countries in the world in the late 1980s to early 1990s with 60% of the population living below the poverty line, … [Read more...] about Vietnam’s agriculture: from local to global mindset
TV Audience in Vietnam will have chance to learn about Italian contemporary art through the short series “Contemporary Italy” that will broadcast on Vietnam Television VTV in early December. The four episodes of the “Contemporary Italy” short series, including the Metropoli, Open Air, Old and New, and Off Road, will be screened on channel VTV2 on Monday 6, Tuesday 7, Wednesday 8 and Thursday 9 of December at 11am and will be accessible on smartphones and tablets via the VTV Go app. The banner of the program. Photo courtesy of Italia Embassy in Vietnam Introduced by the Embassy of Italy to Vietnam on the occasion of 17th Italian Contemporary Day, the short film series is dedicated to show the landmarks of contemporary art in Italy. Italy is home to many museums and exhibition spaces of great beauty and innovation hosting works of artists from all over the world. Through this initiative with VTV, the Embassy of Italy aims at sharing with the Vietnamese public … [Read more...] about Italian contemporary art films broadcast
Vietnam's Ministry of Education and Training issued a circular indicating Russian, Japanese, French and Chinese the foreign languages to be taught in Vietnamese schools. Russia is keen on expanding cultural and people to people interaction with Vietnam and welcomes the decision on making Russian the compulsory subject in Vietnamese schools again. Russian Prime Minister Mikhail Mishustin made his statement during a meeting with Vietnamese President Nguyen Xuan Phuc this week. Vietnamese State President Nguyen Xuan Phuc (L) shakes hands with Russian Prime Minister Mikhail Mishustin in Moscow on December 1, 2021. Photo: VNA "We hope to hold the rest of the events under the program celebrating the Russia year in Vietnam and the Vietnam year in Russia after the pandemic restrictions are lifted, and we very much welcome the decision of the Vietnamese administration to make Russian a the subject in Vietnamese schools again," said Mikhail Mishustin. He added … [Read more...] about Russian PM hails Vietnam’s decision on making Russian compulsory subject in schools
Salaries are being increased by around 7-10 percent, with recruitment demand having tripled compared to the social distancing period, according to report by recruitment platform ViecLamTot.com. Many companies are struggling to find workers as at least 1.3 million people have left the city because of the pandemic, said director of the recruitment company Tran Minh Ngoc. According to the HCMC Statistics Office, the city created over 14,100 jobs in October and more than 19,600 jobs in November. HCMC Center for Forecasting Manpower Needs and Labor Market Information predicted the city would need some 43,700-56,900 jobs, including 5,600-7,200 positions for manual workers, in the last quarter of this year. However, this won’t affect the economy as a whole since in the long-term, growth potential remains intact, she said, adding the number of job searches rose ten-fold as Vietnam resumed economic activities in October. "This is the period when workers shift from tourism and … [Read more...] about 42 pct workers won’t return to HCMC: survey
VinaCapital is allegedly considering listing in Singapore next year According to Bloomberg , the fund is working with an adviser on a prospective initial public offering (IPO) that may generate up to $183 million. According to the neswire's sources, the business has conducted negotiations with regulators about the potential IPO. VinaCapital would be among those vying to be the first to list a special purpose acquisition company (SPAC) in Singapore’s major bourse. VinaCapital is broadly viewed as one of Vietnam’s most experienced asset management and real estate development firms. Its assets under management reach over $3.7 billion as of November 2021. The fund boasts 18 years of experience in Vietnam, and currently manages funds across multiple asset classes, including public and private equity, fixed income, real estate, venture capital, and managed accounts. Don Lam, co-founder and CEO at VinaCapital, emphasised that for listed equity and private equity investments, … [Read more...] about VinaCapital to file for IPO in Singapore next year?
AAA Insurance currently has 112.26 million shares, of which BCG now owns 79.7 million shares and BCG Financial owns 10.8 million shares, equivalent to 71 and 9.64 per cent ownership. With a total ownership of 80.64 per cent, Bamboo Capital Group has replaced IAGas the largest shareholder of AAA Insurance. According to Pham Minh Tuan, vice chairman of Bamboo Capital Group, this deal marks the official entry of BCG into the Vietnam insurance market. “It is our long-term vision to build up a solid base for the financial sector to develop four strategic spearheads, which are insurance, banking, fintech, and securities services. We also intend to continue improving the service quality of AAA Insurance and expand to the life insurance segment in the near future,” said Tuan. From September 2021, BCG has expanded the group's activities into the financial services sector by establishing BCG Financial JSC. BCG Financial is the fifth strategic business segment of Bamboo Capital Group … [Read more...] about Bamboo Capital Group completed acquisition of 80.64 per cent share of AAA Insurance