Australian Consul General in Ho Chi Minh City Rebecca Ball (L) presents a souvenir to Nha Trang University (Photo: VNA) Khanh Hoa (VNA) – A seminar was held on September 21 to share experience in training cooperation between nearly 20 Australian universities and their peers in the south-central province of Khanh Hoa, and introduce the collaboration model between universities and businesses to meet human resources development demand of Vietnam’s south central coastal localities. Pham Quoc Hung, Vice Rector of Nha Trang University said that the university has set up partnerships with many Australian partners such as Southern Cross University, James Cook University, Sunshine Coast and Australian Centre for International Agricultural Research (ACIAR). He expressed his hope to further promote cooperation with Australia. Australian Consul General in Ho Chi Minh City Rebecca Ball said that the seminar is a chance for parties to strengthen connections and realise education … [Read more...] about Khanh Hoa universities seek stronger partnership with Australian peers
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In Vietnam, parents spend big on children’s education despite economic woes
No matter how expensive it is, many Vietnamese families willingly pay for their children’s education in spite of their tight money situation. Vietnamese parents commonly seek the best education for their children while sacrificing their own needs, said Dr. Le Thi Mai Lien, head of the psychology faculty at the Ho Chi Minh City University of Social Sciences and Humanities. Cutting down on all expenditures but for children’s education As soon as her two children enter the new school year earlier this month, a 43-year-old woman named N.T.T., who resides in Phu Nhuan District, Ho Chi Minh City, had to calculate her family’s expenditure to balance their spending and saving. After the COVID-19 pandemic, T. and her husband's total income decreased by more than VND20 million (approximately US$818) per month, so they have to tighten their belt to stabilize the investment in their children’s education. Years ago when their family was still financially solvent, they would frequently … [Read more...] about In Vietnam, parents spend big on children’s education despite economic woes
Harvard, Yale, and Columbia luminaries weigh in on Vietnam’s ambitious blueprint
The landmark state visit of US President Joe Biden to Vietnam on September 10-11 has been a historic pivot, elevating Vietnam-US ties to a Comprehensive Strategic Partnership. The essence of this partnership, PM Chinh said, lies in deepening economic, trade, and investment collaborations. He emphasised the gravity of scientific, technological cooperation, and innovation as game-changers. "The Biden visit signals an enhanced strategic alignment, centred on economic partnerships and technological collaboration," he said. As reported by Tuoitre , Prof. Thomas Vallely, director of the Vietnam programme at Harvard Kennedy School, praised Vietnam's deft management. "Vietnam's response to major crises, especially its handling of the COVID-19 pandemic, is commendable," Vallely said. "Despite its nascent experience in some sectors, Vietnam has proactively sought knowledge, established global ties, and opened doors for partnerships, with the US being a case in point." Prof. Anthony … [Read more...] about Harvard, Yale, and Columbia luminaries weigh in on Vietnam’s ambitious blueprint
PM Chinh plots Vietnam economic growth with US academics
On Thursday evening (Hanoi time), Prime Minister Pham Minh Chinh held a discussion on "Promoting growth and sustainable development in a volatile global economic environment" with professors and researchers from Harvard, Columbia and Yale universities. He sought their advice on how to promote growth and sustainable development. David Dapice, chief economist of the Vietnam Program at Harvard’s Kennedy School, said the country’s economy is very open and consequently would be affected by the global economic struggle. He added that Vietnam needs to be more self-reliant. David Dapice and Columbia University’s Shang Jin-Wei also believed that Vietnam needs to train human resources to raise its economic efficiency and position in the supply and production chains. It needs constant improvements to institutions, investment in high-tech fields, guarantee of energy supply, diversification of exports, and improvements to the social security network. Chinh Chu, a billionaire of … [Read more...] about PM Chinh plots Vietnam economic growth with US academics
Thanh Bui joins hands with Singapore’s leading university to help start-ups
Music producer and educator Thanh Bui has coordinated with a Singaporean university to help young people get rich, contribute to society, and find ways to solve difficult social problems. Australian-Vietnamese artist and educator Thanh Bui has brought Singapore's start-up training model to Vietnam to help young people start their businesses. "Many years ago, when I participated in a workshop on entrepreneurship for thousands of students, I realized that there is an extremely strong wave of start-ups in Vietnam. Everybody wants to start a business. When I asked students why they wanted to start a business, their answer was to make a lot of money," said Thanh Bui. But only 3-5% of start-ups are thriving. The reason is that they still lack the soft skills to develop their potential. Thanh Bui, founder of the Education Embassy and representative of the Singapore University of Social Sciences. "For me, success is not just about getting rich and having a lot … [Read more...] about Thanh Bui joins hands with Singapore’s leading university to help start-ups
Cooperation with US to propel development of Vietnam’s semiconductor industry: expert
Vietnam and the U.S. have announced their intention to bolster cooperation in the fields of science, technology, digital innovation, semiconductor manufacturing, and chip production, creating ample opportunities for Vietnamese tech firms to establish a strong presence in global supply chains. This cooperation is poised to present significant opportunities for the development of Vietnam’s domestic semiconductor sector, Vo Xuan Hoai, deputy director of the Vietnam National Innovation Center (NIC), said in an interview with Tuoi Tre (Youth) newspaper. The NIC has inked numerous memoranda of understanding with U.S. partners during Vietnamese Prime Minister Pham Minh Chinh’s ongoing week-long visit to the U.S. for the high-level General Debate of the 78th United Nations General Assembly. Vietnam has identified science, technology, and innovation as the driving forces for its development. Consequently, collaboration with the U.S. is expected to hasten the transformation of Vietnam’s … [Read more...] about Cooperation with US to propel development of Vietnam’s semiconductor industry: expert
Vietnam-Brazil relations: Gateways to regional markets
Vietnam and Brazil would help each other get into large, dynamic regional markets. Vietnam and Brazil are important to each other in facilitating economic cooperation in the regional markets in which they are represented. Vietnam's Prime Minister Pham Minh Chinh and Brazilian businesses in São Paulo on Sept 24 local time . Photos: Nhat Bac/VGP Vietnamese Ambassador to Brazil Pham Thi Kim Hoa commented on Prime Minister Pham Minh Chinh’s ongoing official visit to Brazil at the invitation of President Luiz Inácio Lula da Silva. She said Brazil is Vietnam’s gateway to Latin American markets , whereas Brazil’s businesses use Vietnam as their entry point into the ASEAN market and other Asian nations. Brazil, with a market of more than 200 million people, has potential for Vietnam and is the leading partner in Latin America. Brazil is Vietnam’s biggest trade partner in Latin America, with a two-way trade of US$6.78 billion in 2022. Vietnam’s export staples … [Read more...] about Vietnam-Brazil relations: Gateways to regional markets
Vietnam news in brief – September 25
Keep updated on the latest news about Vietnam. Promoting culture of ASEAN member countries among the youth Delegates attend the event. Photos: VNA The ASEAN Cultural Ambassadors, part of the Southeast Asian Cultural Festival 2023 in Ho Chi Minh City from August 20 to September 24, will select winners for upcoming performances, workshops, and community-oriented initiatives for ASEAN. The competition attracted more than 200 participants from 57 universities and colleges in Ho Chi Minh City, helping to create an environment for students to understand, interact, and experience the cultures of ASEAN member countries . Vietnamese PM expects more support from Brazilian Club Prime Minister Pham Minh Chinh suggested on September 24 (local time) that the Brazilian football club Corinthians help Vietnamese teams in technical, tactical and physical training. He also hoped that more Brazilian footballers would join Vietnam to play for local clubs. … [Read more...] about Vietnam news in brief – September 25
Vietnam needs policies to promote industrialization: Japanese professor
Japan's contributions have helped Vietnam maintain a stable growth trajectory, driven by the far-reaching effects of FDI. Vietnam needs industrialization support policies to encourage industrial development and increase the value added of foreign direct investment (FDI) capital, according to Professor Ikebe Ryo of Japan's Senshu University. Prof. Ikebe Ryo made the remarks at a scientific symposium titled "Vietnam-Japan Relations and Prospects for Economic Cooperation in line with Vietnam's Development Stages" held in Hanoi this week. He talked about the impact of FDI surge on Vietnam's economic growth and industrialization process, and the economic efficiency brought by this source of capital. The professor emphasized that improving labor productivity is essential for Vietnam to avoid falling into the middle-income trap. Experts attend the scientific symposium on Vietnam-Japan relations and prospects for economic cooperation. Photo: JICA Vietnam … [Read more...] about Vietnam needs policies to promote industrialization: Japanese professor
US firms see Vietnam’s great potential for semiconductor industry
Many American semiconductor firms have highly valued the huge potential for the semiconductor industry in Vietnam, expressing their hope of opening chip production facilities in the country. The leaders of these companies were speaking during a meeting with Vietnamese Prime Minister Pham Minh Chinh on Wednesday morning (Vietnam time). Prime Minister Chinh and a high-ranking delegation of Vietnam on Tuesday morning (local time) landed in Washington, D.C., the second leg of their business trip to the United States. During the meeting, the prime minister called on U.S. semiconductor enterprises to continue their cooperation with Vietnamese partners and beef up their investment in infrastructure, technology transfer, semiconductor design and production, and human resource training. PM Chinh affirmed that the Vietnamese government and ministries are building a fair and healthy business climate for all enterprises, including those from the U.S.. Vietnamese Prime … [Read more...] about US firms see Vietnam’s great potential for semiconductor industry