Education

The development of the urban center of Quy Nhon City. (Photo: SGGP) Accordingly, Binh Dinh approved the investor to implement the above project as a joint venture among Phu Tai Joint Stock Company, Truong Hai Trading Construction Joint Stock Company, and the Northern Service Development Investment Joint Stock Company. Phu Tai Joint Stock Company, established in 2004, and headquartered in Quy Nhon City, is a multi-industry business enterprise. Currently, this enterprise is developing many projects in Quy Nhon City, such as Phu Tai Residence, Hoang Van Thu Apartment Building (Phu Tai Central Life), and Long Van 4 in Quy Nhon City. Truong Hai Trading Construction Joint Stock Company, headquartered in Hanoi, was established in May 2016. Its main business is in architecture and technical consulting. The Northern Service Development Investment Joint Stock Company, headquartered in Hanoi, was established in October 2021, with the main business in the wholesale trading of automobiles … [Read more...] about Binh Dinh Province approves joint venture to implement VND2.9-tril urban project

Hanoi (VNA) – Eleven Vietnam ese workers will participate in the WorldSkills Competition 2022 Special Edition which is being held in Europe and East Asia from September 30 to November 28, according to the Directorate of Vocational Education and Training. They will compete in 10 out of 62 skill competitions , including Mechatronics, Cloud Computing, Information Network Cabling, Water Technology, Electrical Installations, CNC Milling, CNC Turning, Mechanical Engineering CAD, IT Software Solutions for Business, and Hairdressing. These competitions will be held in six countries, namely Germany, France, Finland, Austria, Japan and the Republic of Korea. The WorldSkills Competition 2022 Special Edition is the official replacement for WorldSkills Shanghai 2022, canceled in May due to the COVID-19 pandemic. This year’s competition attracts more than 1,000 competitors from 63 countries and territories, alongside nearly 1,000 experts and 300 interpreters. This is the eight … [Read more...] about Vietnam sends 11 workers to WorldSkills Competition 2022

The three-week long event is to mark the 61st anniversary of the foundation day of the firefighting and rescue police force (October 4, 1961 – 2022) and the 21 years since the whole people firefighting day was launched. The event was chaired by Deputy Minister of Public Security Major General Nguyen Van Long and attended by Director of the Department of Political Education and Information under the General Department of Political Affairs of the Vietnam People’s Army Lieutenant General Nguyen Van Duc. Speaking at the event, Major General Nguyen Van Long said that the exhibition is organized to mark the establishment and building of firefighting and rescue police force over the past years and honor their sacrifices. The event also aims to raise the public awareness, responsibility, as well as fire prevention and fighting skills, contributing to maintaining peaceful environment for the nation. Apart from recalling the history and achievements of the force over the past 61 years as … [Read more...] about Exhibition held to honor firefighting force

They updated each other on the socio-economic development of their countries, and exchanged views on regional and global issues as well as their cooperation. Vietnam attaches importance to partnership between the two committees, said Luu who is former N.A. Vice Chairman. The two sides have been active contributors to the close and loyal friendship between Vietnam and Laos, he noted, adding that they have exchanged delegations annually, ramped up communications, and closely coordinated in promoting people-to-people exchange activities. He suggested the two committees play a more active role to make the bilateral cooperation more diverse, practical and effective on the occasion of the Vietnam – Laos, Laos – Vietnam Friendship and Solidarity Year 2022. The committees should not only maintain high-level delegation exchanges but also strengthen collaboration and support for each other in people-to-people diplomacy activities, such as the World Social Forum, Asia – Europe People’s … [Read more...] about Vietnam, Laos’ peace committees eye stronger ties

GDP’s Deputy Chief Lieutenant General Trinh Van Quyet chaired the event. Reportedly, the GDP has actively built a project in response to the Ministry of National Defense (MND)’s Plan No.983/KH-BQP on April 4, 2022 on assigning tasks to build plans to organize activities in celebration the two anniversaries above; and then asked for comments and feedback from military units, Central agencies, and localities. Addressing the conference, the GDP’s deputy chief hailed the responsibility of the functional units in building and finalizing the project, meeting all set requirements. In addition, the participants during the conference also promoted responsibility and contributed opinions to the project in line with reality. General Quyet underscored that this is an important political event, an occasion to affirm the stature and role of the military and the whole-people defense in the current context. He also requested the Department of Political Education and Information and relevant … [Read more...] about Conference held to map out plan for coming VPA’s founding anniversary

Accordingly, the delegation checked contents such as the leadership of local military and defense missions, the defense-security education, knowledge tests on defense policies and laws for local personnel, the combination of socio-economic development and defense security, and more. Reportedly, the provincial authority has deployed military-defense tasks following the Party’s guidelines and the State’s laws and policies. They have directed affiliated organs to effectively implement defense-security missions at all levels, particularly launching defense-security training courses for over 28,000 people. The locality has also completed socio-economic targets in line with defense-security reinforcement, contributing to building a strong armed force in all aspects. The local Party committees and authorities have seriously embraced and implemented higher levels’ directions on building and operating of the all-level defensive areas, improved combat readiness of the local armed force to … [Read more...] about General Staff leader inspects defense task in Bac Ninh

Companies are paying more and more attention to the importance of corporate training. Hence, with an aim to boost morale, productivity, and dedication, there is now a boom of options targeted at corporates, from half-day onsite workshops to luxurious week-long teambuilding excursions. Outward Bound Vietnam’s corporate training - illustration photo The effectiveness of these capacity-building sessions is, however, rather questionable. The first problem lies in the setting of many programmes. Some capacity-building programmes take place in a setting that is too familiar, like the office itself, which does not allow the participants to escape their everyday work environment and to be fully immersed in the training. The result is that during many office workshops, participants continue with their work on their phones, checking emails and notifications, or just completely zone out. Furthermore, some settings are not challenging enough to encourage participants to step out … [Read more...] about Outward Bound Vietnam’s corporate training

Over the last two months, Indian investors have organised events and field surveys across the country to look for opportunities. A view of the 2022 Horasis India Meeting (Photo: VNA) The Confederation of Indian Industries led a delegation of 15 leading companies to Vietnam on September 25-28 to participate in the India-Vietnam Business Forums held in the southern province of Binh Duong and Hanoi. Indian investors are looking for local partners to enhance bilateral cooperation in various sectors, such as energy, electric vehicles, IT, petrochemicals, healthcare, water treatment, food and beverages, fertilisers, and food processing. “We want to establish a joint venture with local partners to set up an integrated biotech laboratory, which can be used to manufacture biotech products for agriculture, veterinary products, and aquaculture products,” said Mekala Lakshmi Prasad, managing director of agri- and aquaculture group Sujay Biotech. In late August, 25 automotive … [Read more...] about Indian-based financiers eager to pour further investment into the country

Vietnamese consumers are more open to online insurance The State Bank of Vietnam’s recent interest rate hike to stabilise the VND and curb inflation has not dimmed the central bank's outlook for economic growth. Despite pandemic-related uncertainties, geopolitical instabilities, and rising inflation, the Vietnamese economy is expected to grow by 7 per cent in 2022, according to the IMF. Vietnam's insurance penetration rate remains between 2.3 per cent and 2.8 per cent, lower than in most emerging and developed markets. However, the insurance industry is embarking on a digital transformation journey that could transform the entire insurance value chain. Experts predict a compound annual growth rate of 23.7 per cent for the life insurance market between 2020 and 2025 and 8.5 per cent for the general insurance industry between 2021 and 2026 in terms of gross written premium. “With the goal of increasing Vietnam's digital economy’s contribution to 20 per cent of GDP by 2025, … [Read more...] about IXT released report on Vietnam’s insurance consumers

Vietnam Rubber Group (VRG) is completing its restructuring scheme for 2021-2025 to submit to the Committee for Management of State Capital at Enterprises. One of the highlights is that industrial real estate will be one of three core business sectors, and the company will foster divestment from the rubber sector to mobilise resources for the industrial real estate sector. Developers eager to cultivate funding in industrial real estate - illustration photo VRG general director Le Thanh Hung said that by 2025, the group’s revenue is expected to increase by 30 per cent, and profit will increase by 25 per cent. The group’s consolidated revenue is expected to climb to VND161 trillion ($7 billion), and consolidated pre-tax profit will be $1.49 billion. The after-tax profit of the parent company will be $536.9 million. “To achieve the above goals, the group will apply for a license to convert part of the rubber area to land for industrial production, contributing to improving … [Read more...] about Developers eager to cultivate funding in industrial real estate