Japanese personnel provider enters Vietnamese market Representative from Sunwell Solutions Vietnam Yoshioka Reito (R) A representative from Japan’s Sunwell Solutions JSC said on January 23 that its Vietnamese office officially became operational earlier this month. Sunwell Solutions, with eight years experience in providing human resources solutions, aims to increase opportunities for outstanding Vietnamese engineers working at Japanese firms and develop relations between Japanese employers and Vietnamese employees. Yoshioka Reito, a representative of Sunwell in Vietnam, stressed that although it has been established for nine years with highly technical staff, Sunwell is looking to expand its business to great customers, focusing on key fields such as information technology, automobile technology, and refinery projects. According to Reito, Vietnam’s high-quality engineers are able to meet the requirements of Japanese businesses. Sunwell was established with … [Read more...] about BUSINESS NEWS IN BRIEF 25/1
B s in mechanical engineering
BUSINESS NEWS IN BRIEF 10/12
Fayfay.com announces strategic partnership with Ho Chi Minh City tourism Hong Kong-based Fayfay.com on December 6 announced that it signed a Memorandum of Understanding (MoU) with the Ho Chi Minh City Tourism Promotion Centre to promote tourism in Vietnam, with a special focus on the city. The MoU was signed by Tran Ngoc Dong Quan, deputy director of the Ho Chi Minh City Tourism Promotion Centre, along with Kingston Lai and Kelvin Wu, the co-founders of Fayfay.com, at Bep Nha Luc Tinh Restaurant in Ho Chi Minh City, in the presence of industry experts and members of the media. “Ho Chi Minh City is an important destination on Fayfay.com and we look forward to partnering with the Ho Chi Minh City Tourism Promotion Centre to showcase the city’s vibrant architecture, rich culinary scene, and authentic local experiences,” said Lai. “We believe strategic joint promotional activities with the Tourism Promotion Centre will enable us to leverage our online platform and … [Read more...] about BUSINESS NEWS IN BRIEF 10/12
BUSINESS NEWS IN BRIEF 13/10
Helicopter Corporation to sell 20.3 million shares of MBLand Holdings The Vietnam Helicopter Corporation (VNH) will auction 20.3 million of its shares in property developer MBLand Holdings with the beginning price of 12,366 each on October 26. According to the Ha Noi Stock Exchange, VNH holds a 31 per cent stake in MBLand Holdings. VNH is expected to collect a minimum VND251 billion from the sale. MBLand, formerly known as MB Real Estate JSC, was established on January 25, 2008 by two major shareholders, Military Commercial Joint Stock Bank (code: MBB) and VNH. After nine years of establishment and development, MBLand Holdings now has an ownership capital of VND800 billion, total assets worth VND2 trillion and charter capital of VND653.7 billion. MBLand Holdings has 18 shareholders, including 12 organisations and six individuals. The main shareholder of MBLand Holdings is MB Bank with the ownership ratio of over 65 per cent, or nearly 42.7 million shares. In early … [Read more...] about BUSINESS NEWS IN BRIEF 13/10
Human resources in the digital age
Source: “Skill Revolution 2.0” by ManpowerGroup With the rapid development of various technologies in the era of the fourth industrial revolution, it is increasingly challenging for employers to find talent with the right competencies. If they do not have the skills to operate efficiently, they will lose their competitive positioning. During the fourth industrial revolution, many traditional and repetitive jobs will be done by robots and artificial intelligence. Therefore, workers should constantly improve their skills to adapt to the changing trend. Simon Matthews, country manager, ManpowerGroup Vietnam, Thailand and Middle East, speaks to Viet Nam News about this and more. Which industries in Viet Nam will have the largest manpower need in the industry 4.0 era? In Viet Nam, from now until the end of 2018, employment in IT, manufacturing, engineering and retail industries will be in most demand. The IT sector will need around 500,000 workers by 2020. The hottest … [Read more...] about Human resources in the digital age
BUSINESS NEWS IN BRIEF 28/8
Conference seeks ways for investment promotion in Quang Binh An investment promotion conference in the central province of Quang Binh was convened on August 28, focusing on presentations of the province’s potential and investment opportunities. Present at the conference were Prime Minister Nguyen Xuan Phuc and more than 800 delegates from among the leaders of ministries and departments, along with representatives of embassies, Lao provinces, commercial banks, associations, international organizations and businesses. Participating domestic and foreign organizations and businesses, through the conference, discussed investment and trade opportunities with local authorities. The event is expected to serve as a platform for the handing over of investment registration certificates and cooperation deals to 66 projects with a combined registered capital of US$7.34 billion. Earlier, the provincial People’s Committee held a series of sideline activities, including investment … [Read more...] about BUSINESS NEWS IN BRIEF 28/8