Participants at the dialogue (Photo: VNA) Hanoi (VNA) - The 16th Vietnam-US labour dialogue took place in Hanoi on November 16, gathering representatives from the Vietnamese Ministry of Labour, Invalids and Social Affairs (MoLISA), the US Department of Labour, and the US Embassy in Vietnam. This marked the resumption of the annual labour dialogue between the two countries after being suspended since 2017. Addressing the event, MoLISA Deputy Minister Le Van Thanh said the dialogue’s resumption after years of hiatus has helped the two sides share information about labour as well as labour cooperation and propose solutions to promoting labour-employment and social security cooperation . Appreciating the technical and financial support with the US Department of Labour, Thanh said these activities have contributed to helping Vietnam to better its system of labour and social policies. It has also helped improve the effectiveness of their implementation, as well as … [Read more...] about Vietnam, US look to expand labour cooperation
Civilised labour policy
Policies bringing new prospects for sci-tech market
Le Xuan Dinh-Deputy Minister of Science and Technology During 2022, the sci-tech sector focused on innovation and legal documents for socioeconomic development and international integration. In particular, the sector submitted documents related to the application of biotechnology and the amended intellectual property (IP) law, as well as a plethora of legal decrees, decisions, directives, and circulars. Last year, the ministry also submitted the sci-tech and innovation development strategy to 2030, which contributes to turning Vietnam into a developing country with modern industry and high average income, as well as developing society, ensuring national defence, and protecting the environment. The ministry also proposed amendments to the Law on Science and Technology, the Law on Product and Goods Quality, the Law on Standards and Technical Regulations, and the Law on Atomic Energy. Sci-tech has promoted the development of sectors and industries such as agriculture, … [Read more...] about Policies bringing new prospects for sci-tech market
Experts call for favourable policies to help real estate
Apartment blocks in Ha Noi. Experts are concerned that affordable housing has been declined steadily in recent years. — VNA/VNS Photo Danh Lam The government has taken timely measures to support the realty market during tough times, according to Vuong Duy Dung, deputy director of the Housing and Real Estate Market Management Agency. Dung was speaking at the workshop 'Measures to ease the difficulties facing the realty market and the market outlook in 2023' on January 13. The deputy director said the Prime Minister had issued various legal documents to lift the market out of difficulties, including Decision No.1435 and Official Dispatch No.1164. Under the decision, a team led by the Ministry of Construction has been established to report on obstacles holding back local realty projects. In two weeks, the team has travelled across five provinces and met 30 realty firms to take stock of their situation. After the team reported to the Prime Minister on the local situation, the … [Read more...] about Experts call for favourable policies to help real estate
ILO hails Vietnam’s efforts to mitigate negative impacts of COVID-19 pandemic
Ingrid Christensen , Director of ILO Country Office for Vietnam (Source: ILO) Hanoi (VNA) - With a policy putting humans at the centre and leaving no one behind, when the COVID-19 pandemic broke out in Vietnam, the Government has continuously made drastic instructions to support labourers with relief packages of largest-ever coverage, besides pandemic control measures. In an interview granted to Vietnam News Agency on the occasion of the new year, Ingrid Christensen, Director of ILO Country Office for Vietnam, remarked that the Vietnamese Government has made significant efforts to mitigate the negative impacts of the COVID-19 pandemic within its national resources and context. “In parallel with the prevention and control of COVID-19, we are aware that in consultation with the Vietnam General Confederation of Labour ( VGCL ), Vietnam Chamber of Commerce and Industry (VCCI), and the Vietnam Cooperative Alliance (VCA), the Government has extended various relief … [Read more...] about ILO hails Vietnam’s efforts to mitigate negative impacts of COVID-19 pandemic
Barriers broken down in vocational training
Photo: Shutterstock Hanoi College of Electro Mechanics (HCEM) is one of 45 training institutions that seeks to become a high-quality training school for Vietnam, approaching the advanced training level of the rest of the region and beyond. The school already boasts many students who have achieved high results in national, ASEAN, and global vocational skills exams. It currently offers training for 20 professions, of which seven key occupations are covered according to high-quality international-standard programmes, with the number of high-quality labourers entering the market standing at over 1,000 people per year. Despite possessing many achievements and experience in vocational training for more than 50 years, rector Dong Van Ngoc said that HCEM still faces many difficulties in enrolment, despite nowhere near reaching capacity. “We invest in modern facilities that are not inferior to many leading universities in Vietnam. While universities specialise in research training, … [Read more...] about Barriers broken down in vocational training
NA Chairman pays pre-Tet visit to northern border province of Lao Cai
NA Chairman Vuong Dinh Hue presents gifts to social policy beneficiaries, poor households, and disadvantaged labourers and soldiers in Bat Xat district in the northern border province of Lao Cai. (Photo: VNA) Lao Cai (VNA) – Chairman of the National Assembly Vuong Dinh Hue on January 16 visited and presented gifts to social policy beneficiaries, poor households, and disadvantaged labourers and soldiers in Bat Xat district in the northern border province of Lao Cai, ahead of the Tet (Lunar New Year) festival - the most important and longest of Vietnamese in a year. The leader used this occasion to brief on the country’s economic development, state budget collection and external affairs, and recalled the official visit to China by Party General Secretary Nguyen Phu Trong from October 30 to November 1, 2022. Citing the joint statement issued during the Party chief’s visit, Chairman Hue said the document mentioned the acceleration of the opening of border gates and the … [Read more...] about NA Chairman pays pre-Tet visit to northern border province of Lao Cai
Support activities for Vietnamese workers in the RoK implemented
Working session between representatives from Vietnam Centre for Overseas Labour and Ansan Counseling Centre for Foreign Workers (Photo: VNA) Seoul (VNA) – A working delegation of the Vietnam Centre for Overseas Labour (Colab) had a meeting on January 29 with representatives from the Counseling Centre for Foreign Workers of the Republic of Korea (RoK)’s Ansan city to promote the implementation of support activities for Vietnamese labourers in the RoK. The Vietnamese centre’s Director Dang Huy Hong, who is head of the delegation, thanked the Ansan centre for supporting foreign workers in general and Vietnamese in particular when living and working in the Korean city. He showed his hope that the centre will continue working closely with Vietnamese units to support Vietnamese workers, especially newcomers, to soon adapt to the life in the East Asian nation. Colab delegation posing for a photo with Vietnamese workers in RoK (Photo: VNA) During the working … [Read more...] about Support activities for Vietnamese workers in the RoK implemented
VN needs to move forward on global minimum tax
A foreign-invested footwear company in Binh Duong Province. Reviewing domestic policies to adapt to the global minimum corporate income tax is urgent for Viet Nam to remain attractive to FDI. — VNA/VNS Photo Hong Dat Viet Nam needed to take action to come up with appropriate tax policies and adapt to the global minimum corporate income tax, a major pillar of the Organisation for Economic Co-operation Development (OECD)’s base erosion and profit–shifting (BEPS) framework. A number of countries were adopting Pillar Two global minimum corporate tax and moving toward implementing this measure. In the tax insights issued early last week, PwC wrote that South Korea was the first country to have codified the global minimum tax rules in its domestic legislation. The newly enacted rules are added to the existing Korean Law for the Coordination of International Tax Affairs. In December, the European Union (EU) reached a unanimous agreement to implement this global minimum tax … [Read more...] about VN needs to move forward on global minimum tax
Vietnam attends fifth International Conference For World Balance
At the event (Photo: Prensa Latina) Havana (VNA) – A Vietnamese delegation led by deputy head of the National Assembly’s Committee for External Affairs Le Anh Tuan attended the fifth International Conference For World Balance in Havana on January 24-28. Themed “With all and for the good of all”, the event was one of the activities honouring Cuban national hero José Martí on the occasion of his 170th birth anniversary (January 28), with over 1,100 delegates from 87 countries globally taking part. This world forum of plural and multidisciplinary thought is convened by the José Martí Project for World Solidarity every three years, enabling hundreds of professors, social activists and intellectuals in general, from all latitudes of the planet, to reflect on the main contemporary problems. As the first guest to address the opening ceremony, Tuan underlined that together with the people across the globe, the Vietnamese people always aspire to live in a world of peace, democracy … [Read more...] about Vietnam attends fifth International Conference For World Balance
The vital mission to ramp up foreign capital attraction
What were the most outstanding points about Vietnam’s foreign investment capital attraction in 2022? Phan Huu Thang, former director-general of the Foreign Investment Agency under the Ministry of Planning and Investment The statistics were published widely and the spotlight was the record of disbursed capital, but there were many other highlights. The first thing is the government’s drastic and flexible enforcement of resolutions and policies to create an equitable, unrestricted funding environment, simultaneously supporting the foreign-invested enterprise (FIE) community to overcome difficulties caused by the pandemic and political conflicts. The task force followed closely the enterprises’ difficulties to have solutions on time. Besides that, it is necessary to mention the domestic enterprises’ initiative and effort to overcome an infinity of challenges, such as lending rate hikes and the fluctuation of the global market, especially the frozen export markets in … [Read more...] about The vital mission to ramp up foreign capital attraction