Hanoi (VNA) – Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the fourth industrial revolution (4IR) with adequate investment in skills development for new and repositioned jobs, according to a new study by the Asian Development Bank (ADB). The finding is one of six key recommendations emerging from ADB’s study “Reaping the Benefits of Industry 4.0 Through Skills Development in Cambodia.” It is part of a four-country study of ASEAN nations that also include Indonesia, the Philippines, and Vietnam. The study examines the garment and tourism industries in Cambodia, both of which are important for growth, employment, international competitiveness, and 4IR. It finds that 4IR technologies will eliminate jobs in the garments and tourism industries, but these would be offset by increase in demand arising from higher productivity, potentially generating net job increases of 39 percent and 2 percent, … [Read more...] about Cambodia urged to investment in skills development to reap benefits of 4IR
Delaying kindergarten may reap benefits through adulthood
Stressed out kindergarten teachers hope for early retirement
Around three million workers in the country are employed in around 1,800 jobs and fields considered arduous, hazardous and dangerous, including oil and gas operators, athletes and chemists. Those who have worked for 15 years in said jobs may retire no more than five years earlier than usual. … [Read more...] about Stressed out kindergarten teachers hope for early retirement
Firms benefit from lending interest rate reductions and exemptions
“Right after the State Bank of Vietnam issued Circular No. 01, the banks decided to offer our company a grace and interest rate reductions. In particular, BIDV gave us a 1-percent reduction in the interest rate for our 500 billion VND loans until December 31, 2020. We really feel heart-warming for the support from the banks at the difficult time,” she said. … [Read more...] about Firms benefit from lending interest rate reductions and exemptions
VIETNAM NEWS JANUARY 12
Among the pirated books are some of First News, Alpha Books, Tre and Nha Nam’s best-selling titles such as Hanh trinh ve phuong Dong (Life and Teaching of the Masters of the Far East) , Muon kiep nhan sinh ( Many Lives – Many times), Bi mat tu duy trieu phu ( Secrets of the Millionaire Mind), Quang ganh lo di ma vui song (How to Stop Worrying and Start Living) , Dac nhan tam ( How to Win Friends and Influence People). … [Read more...] about VIETNAM NEWS JANUARY 12
Tech giants building on ICT potential
For Ericsson, through 2021, it will remain focused on bringing the latest 5G technology to Vietnam. The group sees many opportunities in the country, and is making plans for this. “We continue to work with the Embassy of Sweden to Vietnam and Business Sweden on a number of strategic digital transformation initiatives, including in transport such as airports, and also energy,” said the group’s Denis Brunetti. … [Read more...] about Tech giants building on ICT potential