Australia supports manpower training at Tay Bac University

For 25 years of re-establishment (1992 - 2017), Soc Trang province has attained important achievements, created a new appearance to urban and rural areas, significantly improved the material and spiritual life of the people, and highly uplifted the position and strength of the province. In the following conversation with us, Mr Tran Van Chuyen, Chairman of the Soc Trang Provincial People’s Committee, affirmed that “The Party, the government, the armed forces and the people of Soc Trang province will make a greater effort to successfully achieve the goal of industrialisation and modernisation to become a relatively developed province in the Mekong Delta by 2020.” Hoang Lam reports. After 25 years of re-establishment, Soc Trang province has effectively utilised and promoted available advantages and resources in the course of provincial construction and development, and achieved important socio-economic development outcomes. Would you mind introducing remarkable socio-economic development results in the past 25 years? Firstly, the economy has been constantly grown and the economic structure has shifted in a positive direction. For the past 25 years, the average annual economic growth rate has been over 10 per cent. Gross domestic product (GDP) in 2016 was 11 times higher than that in 1992. The economic structure has shifted towards a desired pattern, with industry and service holding greater shares. Secondly, all economic sectors have developed rapidly. In agriculture, rice output has increased over time. In 1992, the rice output was less than one million tonnes but it…... [read more]

HCM City, August 25 (VNA) – The APEC Economic Committee (EC) convened its second plenary meeting and the fifth meeting of the Friends of the Chair (FotC) on August 25, discussing the making of regulations and policies to boost development in APEC member economies.  The events were part of the third APEC Senior Officials’ Meeting (SOM 3) and related meetings in Ho Chi Minh City.  At the second plenary meeting on August 25-26, the EC is set to consider a draft report on APEC’s economic policy on human resources development and structural reform. It will mull over the outcomes of competition assessment conducted by the Organisation for Economic Cooperation and Development (OECD) and the APEC Competition Policy and Law Group.  The committee will also look into preparations for a high-level structural reform officials’ meeting.  At the FotC’s fifth meeting, delegates exchanged views on APEC economies’ cooperation prospects and policies on investment in economic finance in the region. They were also updated on APEC’s structure and cooperation in online dispute settlement.  They discussed issues relating to the building of economic legal frameworks to help APEC members meet international standards of legal frameworks. Participants also looked into the efficiency of existing economic institutions and drew lessons for APEC member economies in building economic law. VNA/VNP ... [read more]

Finance minister Dinh Tien Dung addresses a conference held in Tokyo on Monday. Dung expressed hope that financial corporations in Japan will invest indirectly in Viet Nam, become strategic investors, and bring capital and technologies into the country. — Photo mof.gov.vn Indirect investment from Japan into Viet Nam remain relatively modest compared to the potential of Japan and the ability to absorb investment capital sources of Vietnamese market, finance minister Dinh Tien Dung said. Dung made the statement on Monday at a conference in Tokyo co-hosted by the Viet Nam’s Ministry of Finance and Daiwa Corporation of Japan to promote financial investment in Viet Nam. Around 200 Japanese firms attended the event. There remains a huge room for bilateral cooperation in the financial market, Dung said, adding that Viet Nam’s economy has recorded an annual average growth rate of 6 per cent over the past three decades. The country’s gross domestic product (GDP) has expanded by an estimated 5.73 per cent in the first half of 2017, while its Purchasing Managers’ Index (PMI), announced by the Nikkei, has peaked in the past 22 months and is now the highest in the ASEAN, the minister said. Dung told participants that the Vietnamese Government has identified human resources development, improvement of market economy institutions, and infrastructure development as three breakthrough areas, so the country’s demand for capital is huge, especially for investment sources accompanied with expertise and development experience. Speaking about the equitisation…... [read more]

While both Cambodia and Vietnam share strong growth prospects and risks related to their financial systems, Vietnam’s more diverse economy, stronger institutions, and higher incomes underpin greater shock absorption capacity, Moody’s wrote in an August 15 report. Robust foreign investment flows into manufacturing and steady growth in global demand have driven export-led expansion in both Cambodia and Vietnam. As the countries have become increasingly integrated into global supply chains, their economies have grown rapidly and income levels have risen markedly. Cambodia’s real GDP increased around 7 per cent per year on average over the five years to 2016 while Vietnam’s expanded about 6 per cent per year. Growth is likely to remain robust ahead. Vietnamese exports are spread across a variety of products and markets while garments and textiles and a few other low-value-added manufacturing products dominate Cambodia’s exports. These are largely destined for the US and the EU, exposing the economy to sector- and market-specific shocks. Vietnam’s reach into higher value-added products is reflected in greater income levels that bolster households’ capacity to absorb economic shocks. Meanwhile, Cambodia’s ongoing reforms to reduce corruption and enhance the rule of law are positive, although they have yet to materially strengthen its institutions. The central bank has a track record of delivering economic and exchange rate stability, which supports foreign direct investment (FDI) inflows, but high dollarization continues to limit monetary policy effectiveness. In contrast, Vietnam’s relatively stronger institutions and greater policy effectiveness have contributed to a more conducive business environment, which…... [read more]

Thanh Nguyen, Anphabe JSC’s founder, has become the first Vietnamese businesswoman in the last fourteen years to win a prize at Asia HRD (Human Resources Development) Awards 2017, a celebration and recognition of virtuosos who contribute to employees' development.  Thanh Nguyen received the Contribution to HR Community Award On August 8, 2017, in Kuala Lumpur, Malaysia, Thanh Nguyen was awarded the Contribution to HR Community Award in recognition for her creation and application of new concepts and ideas which brought about positive influences to the HR community and impressed international and domestic HR experts and community. Also in this celebration, Abdulla Yameen Abdul Gayoom (the Maldives’ President) took over the award of Lifetime Achievement, J. Edurdo Malaya (former Ambassador of the Philippines to Malaysia), one of the five individuals receiving the Contribution to Society Award, and Dr. Venkates Rao (YouthCorp Malaysia’s Chairman) who was handed the award of Movers & Shakers, among others. “I myself was surprised when awarded this international prize. I dedicate this honour for the entire Anphabe staff, those who have teamed up with me in the past and present to implement the mission of Happiness at Work. We regularly hold different supporting activities for the HR community and workers in Vietnam as well as regional areas. I want to send my most sincere thanks to all of my customers and partners, who believed and accompanied us to develop happy human resources,” Thanh…... [read more]

NDO - Nhan Dan is introducing interviews with diplomats concerning the role of ASEAN and relations between ASEAN and its partners on the occasion of the 50th anniversary of the Association of Southeast Asian Nations (ASEAN). Chinese Ambassador to Vietnam Hong Xiaoyong: Bringing China-ASEAN relations to a new level Over the past 50 years, ASEAN has pursued independent, neutral and non-aligned foreign policy and has endeavoured to strengthen intra-regional solidarity and resolve regional disputes. ASEAN has sought to promote the Southeast Asia region from instability to stability, from antagonism to cooperation, from poverty to prosperity, thus becoming a model of cohesion and self-reliance among nations not of the same social regime and developmental status. In addition, the ASEAN Community was officially established in 2015. Amid the slow global economic recovery and the stronger "subterranean wave" of anti-globalisation, the strong development of ASEAN brings about positive energy to the process of regional integration and globalisation. ASEAN has established its central role in East Asian regional cooperation. ASEAN countries, China and other international and regional organisations have established dialogue partnerships and gradually formed a network of East Asian cooperation with the nucleus of ASEAN. Many regional cooperation mechanisms such as ASEAN+3, East Asia Summit, ASEAN Regional Forum and others have developed strongly and have promoted each other. As an important member of ASEAN, Vietnam has great development prospects. China always supports the process of building and connecting the ASEAN Community and hopes that the Vietnamese side will make positive and constructive…... [read more]

Manila, August 7 (VNA) – Vietnam will work with Japan and Mekong nations to implement the 2015 Tokyo Strategy on Mekong-Japan cooperation and the Mekong-Japan Action Plan for Realisation of the New Tokyo Strategy for 2016-2018.  Deputy Prime Minister and Foreign Minister Pham Binh Minh reiterated Vietnam’s commitments at the Mekong-Japan Foreign Ministers' Meeting on the sidelines of the 50th ASEAN Foreign Ministers’ Meeting (AMM 50) in Manila, the Philippines, on August 6.  The event was attended by the Foreign Ministers from Cambodia, Laos, Myanmar, Thailand, Vietnam and Japan.  To help Mekong nations participate deeply in global and regional value chains, the Vietnamese FM suggested developing international traffic corridors and logistics system so the region can serve as a bridge connecting the Indian Ocean and Asia – Pacific, and be a gate to markets like India and ASEAN.  Meanwhile, Japan should provide support for Mekong nations to shift toward green growth and energy saving models, to develop energy while ensuring energy, food and water security and to use water sustainably from the Mekong river while adapting to climate change, Minh said.  He also suggested Japan help Mekong countries develop high-quality human resources and enhance research and development capacity to meet the demand of enterprises.  During the event, participants discussed cooperation plans and preparations for the ninth Mekong – Japan Summit Meeting slated for November.  Mekong nations lauded Japan’s support for promoting regional connectivity, human resource development and industrial infrastructure facilities via the Partnership for Quality Infrastructure, the…... [read more]

Vietnam will work with Japan and Mekong nations to implement the 2015 Tokyo Strategy on Mekong-Japan cooperation and the Mekong-Japan Action Plan for Realisation of the New Tokyo Strategy for 2016-2018. Foreign Minister Pham Binh Minh (first right) and delegates participate the meeting Deputy Prime Minister and Foreign Minister Pham Binh Minh reiterated Vietnam’s commitments at the Mekong-Japan Foreign Ministers' Meeting on the sidelines of the 50th ASEAN Foreign Ministers’ Meeting (AMM 50) in Manila, the Philippines, on August 6. The event was attended by the Foreign Ministers from Cambodia, Laos, Myanmar, Thailand, Vietnam and Japan. To help Mekong nations participate deeply in global and regional value chains, the Vietnamese FM suggested developing international traffic corridors and logistics system so the region can serve as a bridge connecting the Indian Ocean and Asia – Pacific, and be a gate to markets like India and ASEAN. Meanwhile, Japan should provide support for Mekong nations to shift toward green growth and energy saving models, to develop energy while ensuring energy, food and water security and to use water sustainably from the Mekong river while adapting to climate change, Minh said. He also suggested Japan help Mekong countries develop high-quality human resources and enhance research and development capacity to meet the demand of enterprises. During the event, participants discussed cooperation plans and preparations for the ninth Mekong – Japan Summit Meeting slated for November. Mekong nations lauded Japan’s support for promoting regional connectivity, human resource development and industrial infrastructure facilities via the Partnership…... [read more]

Foreign Minister Pham Binh Minh (first right) and delegates participate the meeting (Source: VNA) Manila (VNA) – Vietnam will work with Japan and Mekong nations to implement the 2015 Tokyo Strategy on Mekong-Japan cooperation and the Mekong-Japan Action Plan for Realisation of the New Tokyo Strategy for 2016-2018. Deputy Prime Minister and Foreign Minister Pham Binh Minh reiterated Vietnam’s commitments at the Mekong-Japan Foreign Ministers' Meeting on the sidelines of the 50th ASEAN Foreign Ministers’ Meeting (AMM 50) in Manila, the Philippines, on August 6. The event was attended by the Foreign Ministers from Cambodia, Laos, Myanmar, Thailand, Vietnam and Japan. To help Mekong nations participate deeply in global and regional value chains, the Vietnamese FM suggested developing international traffic corridors and logistics system so the region can serve as a bridge connecting the Indian Ocean and Asia – Pacific, and be a gate to markets like India and ASEAN. Meanwhile, Japan should provide support for Mekong nations to shift toward green growth and energy saving models, to develop energy while ensuring energy, food and water security and to use water sustainably from the Mekong river while adapting to climate change, Minh said. He also suggested Japan help Mekong countries develop high-quality human resources and enhance research and development capacity to meet the demand of enterprises. During the event, participants discussed cooperation plans and preparations for the ninth Mekong – Japan Summit Meeting slated for November. Mekong nations lauded Japan’s support for promoting regional connectivity,…... [read more]

NDO/VNA – The fifth Vietnam-Laos Ministerial Conference on Cooperation in Labour and Social Welfare was held in Vietnam’s central province of Da Nang, on August 4. Addressing the event, Vietnamese Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung highlighted the pragmatic and effective cooperation between Vietnam and Laos in all fields, including the affiliation between the Ministry of Labour, Invalids and Social Affairs of Vietnam (MoLISA) and the Ministry of Labour and Social Affairs of Laos (MLSA). He expressed his appreciation for the Lao side’s coordination in accepting Vietnamese labourers to work on projects in Laos, as well as the affiliation between the two ministries in opening an orthopaedics and rehabilitation centre in Can village, Vientiane, Laos, in December 2015. Dung also discussed the MoLISA’s scholarships in labour and social welfare for the Lao side, their delegation exchanges, and their cooperation in human resources development, especially in border areas. The Vietnamese minister thanked the MLSA, and the other relevant agencies of Laos, for their close coordination in searching for the remains of Vietnamese volunteer soldiers who sacrificed their lives in Laos, saying he hopes that the two sides will further their cooperation through the exchange of delegations and experience, in addition to personnel training. Dung’s views were echoed by his Lao counterpart Khampheng Saysompheng, who said that the partnership between the two ministries should be enhanced across all fields. Under the minutes of the fifth Vietnam-Laos Ministerial Conference on Cooperation in Labour and…... [read more]




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