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Tra fish exports to Russia slump Export revenue of tra fish to the Russian market in the first 10 months of this year fell 31 percent compared to last year to 12.5 million USD, reported the Vietnam Association of Seafood Exporters and Producers (VASEP). According to the association, the sharp drop followed last year’s declining trend, and was likely to continue for the rest of 2019. VASEP said that in the last two years, Russia’s tra fish consumption has been modest, with unstable import prices. Meanwhile, the European country’s imports of frozen tra fish fillets have increased slightly by 3 percent, but that of frozen whole fish have fallen 29 percent./. Conference on boosting exports to China They were speaking at a recent conference on agricultural, forestry and seafood exports to China in Mong Cai City in the northern province of Quang Ninh. The conference was organised by the Ministry of Agriculture and Rural Development in collaboration with the People's … [Read more...] about BUSINESS NEWS HEADLINES DECEMBER 6

Đào Quang Vinh, Director of the Institute of Labour and Social Affairs under the Ministry of Labour, Invalids and Social Affairs, talks to Sài gòn Giải phóng (Liberated Sài Gòn) newspaper on challenges and opportunities presented to Vietnamese working people by Industry 4.0 What are the impacts of Industry 4.0 on the Vietnamese labour market? Industry 4.0 has made a big change to the country’s production and supply chains while many new business models have appeared together with new management methods. As a result the demand for the labour force to meet specific job requirements is also subject to change. In such a situation, knowledge, science and creativity will become decisive factors while the capital of human resources has much greater significance than material resources. Recent changes in Việt Nam and the world have shown many jobs have been created in all economic sectors, however, their requirements in … [Read more...] about High demand for skilled workers

David Saiia, co-founder and CEO of Reuse Everything Institute, suggests reusing plastic rather than recycling it Editor’s note: David Saiia, co-founder and CEO of Reuse Everything Institute, Inc. (REII), an NGO dedicated to developing and promoting better resource use including the reuse of plastic waste, discussed Vietnam’s plastic problem in an email interview with Tuoi Tre News. Saiia, who holds a Ph.D. in strategic management, is currently a visiting professor in the faculty of international education of Duy Tan University in the central city of Da Nang, where he has lived for three years. From the point of view of an environmentalist, could you share with us why plastic is bad for the environment? Plastic is a persistent waste product that takes a very long time to biodegrade. Plastic presents an immediate threat to marine life when it is mistaken for food and eaten, causing death by choking and digestive obstruction. Plastic continues to break down into … [Read more...] about ​Vietnam should make plastic material too valuable to throw out: expert

Vietnam's emerging startup scene is proving to be a case of right place, right time for local and international venture capital funds. Eleven “rising star” startups in Southeast Asia in September converged at the “500 Startups Demo Day” in Ho Chi Minh City to spotlight the dynamic technology landscape in Vietnam and broader Southeast Asia. “There’s more hype about Vietnam’s tech scene now than ever before, as this is an exciting time for Vietnam overall,” said Mr. Eddie Thai, General Partner at 500 Startups Vietnam. “Vietnam is fast becoming an attractive destination for local and international venture capital funds, who are hoping to capture the growing consumer opportunities and leverage the Vietnamese entrepreneurial spirit.” Rising appetite Vietnam’s startup sector is growing at a rapid clip despite the global economic slump and is closing the gap with regional leaders. In only two years, it has made a big leap … [Read more...] about Startups catching the eye