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
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Nguyen Thuc Thuy Tien, Miss Grand International 2021, has officially become the Communications Ambassador of the International Tourism Expo Ho Chi Minh City 2022 (ITE HCMC 2022). Nguyen Thuc Thuy Tien, Miss Grand International 2021 at a press conference (Photo: nld.com.vn) This information was unveiled during a press conference held on August 16 hosted by the municipal Department of Tourism with the aim of introducing the 16th version of ITE HCMC. Tien outlined that the expo will contribute to rebooting the southern city’s tourism industry moving into the post-pandemic period, as well as introducing the country’s tourism, culture, cuisine, and people to a range of international friends. She expressed her hope moving forward that with the role as a media ambassador, she will make great contributions to reviving the local tourism sector and meet the goal of welcoming more international visitors in the future. Following two years of suspension caused by the … [Read more...] about Thuy Tien becomes Communication Ambassador of ITE HCMC 2022
At the meeting (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Vu Duc Dam on August 17 asked the Ministry of Culture , Sports and Tourism (MCST) to review the operation of household businesses in the tourism sector affected by the COVID-19 . The ministry should coordinate with core travel firms to form key routes connecting localities, the official said at a meeting of the State Steering Committee for Tourism in Hanoi which assessed the implementation of tourism recovery solutions. He ordered restarting heritage digitalisation with the participation of travel enterprises to promote new tourism products. Regarding electricity prices for tourism services and lodging facilities, Dam, also head of the Committee, asked the Ministry of Industry and Trade (MoIT) to submit a plan on power price adjustment to the Prime Minister before application. The MCST, travel associations and firms should propose specific tax and land incentives, he said. Minister Nguyen Van Hung … [Read more...] about Committee seeks ways to ensure rapid, sustainable tourism recovery
Illustrative image (Photo: Geonoise Asia) Bangkok (VNA) – The Bangkok Mass Transit Authority (BMTA) may procure 3,200 electric buses to phase out fossil-fueled buses from its fleet in three years, said Deputy Permanent Secretary for Transport Sorapong Paitoonphong. The plan is part of BMTA’s revised business rehabilitation plan, which will be sent to the Thai Government for approval in about two months, he added. The development of electric vehicle industry is an important part of the Thai Government’s efforts to restructure the economy with focus on hi-tech industry, biological-circular-green economic model, health care and tourism. Last month, the Thai Government approved two tax incentives to promote the use of electric vehicles and help Thailand become a major manufacturer of electric vehicles in the world./. VNA … [Read more...] about Thailand plans to use entirely electric buses in Bangkok in three years
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
HD SAISON has unveiled a preferential loan package of VND10 trillion (US$429.78 million) for workers at industrial parks across the country with the stated goal of protecting them from loan sharks. — Photo courtesy of the company HD SAISON, a subsidiary of HDBank, has earmarked a loan package of VND10 trillion (US$429.78 million) at half the market interest rate for workers at industrial parks across the country. Through this, it hopes to help the government stabilise the economy and ensure social security, and protect workers from loan sharks. Workers expressed happiness on hearing about the package. HD SAISON will lend from this package until the end of 2023 at an interest rate of 20 per cent a year compared to the normal rate of 40-50 per cent. Borrowers can roll over their loans for several years. For the sake of workers An HD SAISON spokesperson said the company was honoured to be chosen by the Government and the State Bank of Vietnam as one of two consumer finance … [Read more...] about Why do workers opt for HD SAISON’s loan package?