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Building positive self esteem

/ February 26, 2021

HCMC education sector proposes support for primary students in private schools

Specifically, in its proposal, the Department suggested a policy to support tuition fee for all small pupils in private and self-financing primary schools in a bid to create fairness in education and equality between schools. The proposed policy aims to reduce financial pressure on families as well as gradually decrease the number of students in a class in public educational facilities; therefore, it will help to relieve state investment in public schools. Furthermore, this will encourage potential investors to pour money into the education sector by building more private primary schools. According to the proposal, primary pupils living in the southern metropolis in nonpublic and self-financial schools will receive support within nine months. The financial support taken from the city state budget will start from the academic year 2021-2022. By Thu Tam - Translated by Anh Quan …

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/ February 28, 2021

Added trade potential for Vietnam with UK-EU deals

Prof. Dr. Andreas Stoffers - Country director, Vietnam The Friedrich Naumann Foundation for Freedom The United Kingdom is an important trading partner of Vietnam. In 2020, trade turnover between the two countries amounted to $6.6 billion. With $5.8 billion in exports, Vietnam’s trade balance was clearly positive, which also underlines the country’s strong interest in reaching an amicable agreement with the UK. In recent years, despite the uncertainties associated with Brexit, the growth of trade relations has been unbroken, averaging 12.1 per cent per annum in 2011-2019. The trade relations between the EU and Vietnam are naturally greater given the fact that the EU is the world’s largest market. In 2019, the EU was the second-most important overseas market for Vietnamese products with a total trade volume of $56.45 billion, of which Vietnam’s exports accounted for two-thirds ($41.55 billion). This is 16 per cent of the country’s total export volume. In 2020, exports to the EU increased to $34.8 billion, and imports to $14.5 billion. Vietnam benefits significantly more from bilateral economic relations than the EU. The continuous surplus Vietnam enjoys in its bilateral trade relations with the EU has been instrumental in offsetting Vietnam’s huge trade deficits with China and South Korea. Vietnam exports mainly electronics, footwear, clothing and textiles, coffee, seafood, and furniture. The most important goods of EU exports to Vietnam are high-tech products including boilers, machinery and mechanical products, electrical machinery and equipment, pharmaceuticals, and a very limited number of motor vehicles. The EVFTA opens many opportunities for producers and traders on both sides, including small- and medium-sized enterprises. The EVFTA is of course one of the most modern and far-reaching agreements of its kind. It plays an important role in promoting trade liberalisation between Vietnam and the EU. Combined with the new Law on Investment which …

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/ November 27, 2020

Hanoi targets to have 10 logistics centers

The Hanoitimes - Hanoi identifies the logistics sector essential to meet the demand of nearly 300,000 enterprises in the city and further support the its socio-economic development process. Hanoi plans to have a total of 10 logistics centers, and the city has approved investment plans for six, other three are under research and one is looking for investors, according to Vice Chairman of the Hanoi People’s Committee Nguyen Van Suu. Overview of the dialouge. Photo: Thanh Hai. With nearly 300,000 operational enterprises, logistics services play a key role for Hanoi’s development, stated Mr. Suu at a high-level panel dialogue in the Vietnam Logistics Forum 2020 held on November 26. In Hanoi’s annual investment conferences, the city has always been calling for investments for logistics centers, he added. In addition to the development of inland container depot (ICD), one of Hanoi’s advantages is a network of major rivers, so that the city is planning to build a network of container ports to boost inland waterway transportation, Mr. Suu informed. Minister of Industry and Trade Tran Tuan Anh said the ministry and Hanoi’s authorities would continue to cooperate to realize the goal of turning Hanoi into a logistics hub of not only Vietnam but also the region. As the city is pushing for the development of transport infrastructure, logistics services and innovative startups, Mr. Anh said Hanoi could become an example for other provinces and cities in taking logistics as a driving force for socio-economic development. Overview of the dialouge. Photo: Thanh Hai. Staying central in new regional supply chains To further support the development of logistics companies, Deputy Minister of Finance Vu Thi Mai said customs authorities are applying new technologies to save costs and time for the business community, including the recent deployment of GPS positioning seal system to track all import-export shipments transported …

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