Equitization

The new FDI strategy with focus to 2030 will look at areas such as removing attraction barriers and setting incentives for high-tech groups, Photo: Le Toan Highlights of Vietnam’s draft new-generation FDI attraction strategy One of the highlights in the upcoming strategy is the change in the country’s FDI attraction orientations and investment ­incentives focusing on output quality and contributions to the domestic sectors. These include the value chain, added value, application, and transfer of high technology, as well as research and development and innovation, rather than the previous focus on location, sectors, and investment scale. In addition, Vietnam will also concentrate more on financial supporting policies, for example incentives on ­lending interest rates and trading rights, instead of focusing on tax and land incentives as it does currently. The top priorities for FDI attraction in the coming years will include IT and telecommunications, … [Read more...] about Guiding light for next-gen FDI strategy

Babeth Ngoc Han Lefur, country director, Oxfam in Vietnam As climate change is progressing at an even greater pace than expected by various climate modelling scenarios, the Intergovernmental Panel on Climate Change (IPCC) is urging countries to take robust action to cut down greenhouse gas (GHG) emissions to limit the average global temperature increase to no more than 1.5 degrees Celsius by 2030. In September 2019, people in more than 150 countries were stepping up to support young climate strikers and demand an end to the age of fossil fuels and ensure a rapid, equitable energy revolution. The climate crisis will not wait, so neither should we. The 25th session of the Conference of the Parties (COP 25) to the United Nations Framework Convention on Climate Change (UNFCCC) in December 2019 calls for action and champions to demand more ambition from nations to fight the climate crisis. This is also an invitation to elevate care for the environment into a national theme where all have … [Read more...] about Developing renewable energy in Vietnam Through the lens of equality and sustainability

A leader of the University of Havana presents the Doctor Honoris Causa title to CPV General Secretary Nguyen Phu Trong (L) (Photo: VNA) Havana (VNA) – General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong was granted the Doctor Honoris Causa title in political science by the University of Havana (UH) to recognise his important contributions to Vietnam’s nation-building cause and practical and theoretical views he shared with Cuba at a ceremony in Havana on March 29 morning (local time). General Secretary Trong thanked the UH and considered this as a vivid demonstration of the Communist Party of Cuba (PCC) and the Cuba State and people’s friendship towards Vietnam. He also appreciated the UH’s training of generations of Vietnamese students, many of whom have become leaders or leading experts in different fields in Vietnam He then delivered a speech at the UH, focusing on the promotion of sustainable … [Read more...] about CPV leader honoured with Doctor Honoris Causa title

While Vietnam is facing many challenges in producing electricity, renewable energy is emerging as the tipping point for advancing development that is inclusive and sustainable in the country.  Babeth Ngoc Han Lefur, country director, Oxfam in Vietnam Babeth Ngoc Han Lefur, country director, Oxfam in Vietnam delves into this issue. As climate change is progressing at an even greater pace than expected by various climate modelling scenarios, the Intergovernmental Panel on Climate Change (IPCC) is urging countries to take robust action to cut down greenhouse gas (GHG) emissions to limit the average global temperature increase to no more than 1.5 degrees Celsius by 2030. In September 2019, people in more than 150 countries were stepping up to support young climate strikers and demand an end to the age of fossil fuels and ensure a rapid, equitable energy revolution. The climate crisis will not wait, so neither should we. The 25th session of the Conference of the Parties (COP … [Read more...] about Developing renewable energy in Vietnam: Through the lens of equality and sustainability

Workers at Vinsmart's factory in Hai Phong City. — VNS Photo Thanh Hai HCM CITY — Enterprises increasingly appreciate the importance of human resource management and have mapped out human resource development strategies methodically, a seminar heard in HCM City yesterday. Nishant Mahajan, frontier market leader and head of executive remuneration at Mercer Singapore, said export manufacturing continued to be main driver of Việt Nam’s economy but the weakening đồng and limited labour skills were among the challenges faced by companies. They also face challenges caused by technology disruption, according to Mahajan. Employees expect their workplace to “become more flexible in terms of hours worked and location and more focused on employee health and well-being.” They also want to better understand how to grow their careers. According to the Talentnet-Mercer Market Pulse Report released recently, the top reasons for employees … [Read more...] about Seminar discusses creating a strong employer brand in a competitive environment