Factories can always schedule overtime on a worker by worker basis

In the first quarter, the figures will be 72,000-79,000 or 79,000-87,000, according to the Center for Forecasting Manpower Needs and Labor Market Information (FALMI). Recruitment demands focus on the service sector, with 57.69%, and industries, 20.31%. This year, the city’s labor force is more than 4.8 million people, accounting for more than half of its population. Of the total, more than 2.2 million are female, making up 46.17%. In terms of qualifications, the demand for laborers holding a bachelor’s degree or higher will account for 38%. The number of trained and skilled workers to be employed accounts for 85.78%, of whom 20.19% hold Bachelor's degrees. Source: VNA … [Read more...] about Ho Chi Minh City attracts workers in service, industrial sectors

Workers making goods for export at a Gia Toc Garment Export factory in Ha Nam Province. — VNA/VNS Photo Tran Viet The profits of Vietnamese textile and garment enterprises were diverse in the fourth quarter, with many big names posting great losses. After being heavily impacted by the COVID-19 pandemic, textile and garment enterprises have gradually recovered and were one of the key export industries that recorded extraordinary growth rates in the first months of 2022. Data from the General Department of Customs showed that the export value of the textiles and garments sector in 2022 reached US$37.57 billion, a gain of 14.7 per cent year-on-year. The US is the biggest import market of Vietnamese textile and garments, worth $17.36 billion last year, up 7.9 per cent. It was followed by the Europe Union and Japanese markets, reaching $4.46 billion and $4.07 billion, up 34.7 and 25.8 per cent, respectively. Although the industry saw positive export prospects in the first and … [Read more...] about Textile industry faces headwinds in 2023 after poor results in Q4

A production line of smart, environmentally friendly sensor products of Hyundai Kefico Vietnam Co., Ltd invested by the RoK in Dai An II Industrial Park, Hai Duong province (Photo:VNA). Hai Duong (VNA) – The northern province of Hai Duong has set a target to attract 400 million USD in foreign direct investment (FDI) in 2023, according to Vice Director of the provincial Department of Planning and Investment Nguyen Duy Hung. The locality licensed five new FDI projects worth 15.8 million USD in January. Meanwhile, 5.6 million USD was added to three existing projects. Hung said that the locality will speed up work on the province's master plan in the 2021 – 2030 period, with a vision of 2050 as a basis for building priority criteria to attract investment projects, especially planning of a key industrial zone for large-scale, modern and environmentally friendly investment projects. It will focus on maximising resources to develop synchronous and modern socio-economic … [Read more...] about Hai Duong targets 400 million USD in FDI in 2023

New momentum For over one week now, more than 94% of businesses in the Southern economic hub has resumed their production with over 95% of workers being back to work after Tet holiday. Workers at Go Vap district-based Joint Stock Company 28.1 under the Corporation 28 of the General Department of Logistics, which specializes in garments making, are working with the highest capacity, focusing on orders from the U.S., Australia, and European countries. Working for the company for more than 21 years now, Nguyen Van Hong from Hai Duong province said that good income and policy offered by the company make him feel secure at work. Despite difficulties facing the garment sector due to COVID-19, his company has ensured orders uninterrupted, so workers have resumed work since the beginning of the lunar New Year. In addition, good Tet welfare policy has helped keep workers attached to the company. Senior Colonel Tran Doan Thoan, Director of Joint Stock Company 28.1 informed that the … [Read more...] about Businesses in Ho Chi Minh City speed up production to achieve set targets

HATAY, Turkey/DAMASCUS -- The screams of people still trapped in the rubble filled the night early on Tuesday and relatives wept for their loved ones as the death toll in Turkey and in neighbouring northwest Syria rose to more than 3,700. The magnitude 7.8 quake rippled through both countries early on Monday, toppling entire apartment blocks, wrecking hospitals, and leaving thousands more people injured or homeless. Freezing winter weather hampered search efforts for survivors through the night into Tuesday. A man stands in front of a collapsed building after an earthquake in Osmaniye, Turkey February 6, 2023. Photo: Reuters Under a pile of rubble in the southern province of Hatay, a woman's voice could be heard calling for help. Nearby, the body of a small child lay lifeless. Weeping in the rain, a local resident who gave his name as Deniz wrung his hands in despair. "They're making noises but nobody is coming," he said. "We're devastated, we're devastated. … [Read more...] about In Turkey, night fills with screams and crying as earthquake rescues go on

The magnitude 7.8 quake brought down whole apartment blocks in Turkish cities and piled more devastation on millions of Syrians displaced by years of war. It struck before sunrise in harsh weather and was followed in the early afternoon by another large quake. In Diyarbakir in southeast Turkey, a woman speaking next to the wreckage of the seven-storey block where she lived said: "We were shaken like a cradle. There were nine of us at home. Two sons of mine are still in the rubble, I'm waiting for them." She was nursing a broken arm and had injuries to her face. "It was like the apocalypse," said Abdul Salam al-Mahmoud, a Syrian in the northern town of Atareb. "It's bitterly cold and there's heavy rain, and people need saving." The earthquake was the biggest recorded worldwide by the U.S. Geological Survey since a tremor in the remote South Atlantic in August 2021. In Turkey, the death toll stood at 2,316, the Disaster and Emergency Management Authority (AFAD) said, making … [Read more...] about Major earthquake kills 3,700 in Turkey and Syria, weather hits survivors

HCM City faces a shortage of teachers at all levels of education, according to the city’s Department of Education. HCM City is facing a shortage of teachers in all levels of education. — Photo: sggp.org.vn The situation was mentioned at a press conference on socioeconomic issues and COVID-19 prevention and control in the city held recently. Notably, the education sector is facing difficulties in recruiting teachers at primary and secondary schools. The department has submitted a project to attract human resources for primary and secondary school teachers and retain teachers at schools to the People's Committee of HCM City. In HCM City, the number of students, mainly at elementary schools, is expected to soar by 40,000 each year. Thủ Đức City, District 12, Bình Tân District, Bình Chánh District, and Hóc Môn District, which are in the process of rapid urbanisation, report the highest growth of student numbers. At the beginning of this school year, … [Read more...] about HCM City faces shortage of teacher

Vo Tri Thanh *Vo Tri Thanh Viet Nam achieved and exceeded 14 out of 15 targets assigned by the National Assembly for 2022 with many impressive numbers including GDP growth, export turnover and the number of newly-established and re-opened businesses. Only labour productivity was under expectations. Viet Nam’s labour productivity was expected to increase by between 4.7 per cent and 5.2 per cent on average in 2022, higher than the average growth rate of 4.7 per cent in 2021 but behind the target of 5.6 per cent set for the whole of 2022. On January 10 this year, the Government issued Resolution No 06/NQ-CP on the development of a modern, efficient, sustainable and integrated labour market serving quick socio-economic recovery, setting the average labour productivity target for 2023 at more than 6.5 per cent. Labour productivity is an important economic indicator that is closely linked to economic growth, competitiveness and living standards within an economy. According to … [Read more...] about Viet Nam wrestles with labour productivity issue when heading to innovation-based development

I wanted to address my staff on the first working day after the Tet holidays, but instead of writing a speech by myself, I asked ChatGPT to do it by using three keywords: "optimism," "speed" and "resilience." It finished the speech in 15 seconds. It was terrific though I had to edit it a little bit. The AI tool knew how to express my ideas logically based on the keywords I provided. The speech expressed the foundation, the connection between these keywords, and the central point. Moreover, the structure of the speech was excellent, making a reference to the current economic situation and highlighting the key points and conclusions. The writing was coherent, and the wording is suitable for business executives and consultants. ChatGPT by U.S. startup OpenAI is estimated to have reached 100 million active users in January, just two months after launch, making it the fastest-growing consumer app in history, according to a study released on February 1 by analytics firm UBS. This … [Read more...] about What to do with ChatGPT