Foundation for economic education

Secretary of the Party Central Committee and head of its Commission for Information and Education Nguyen Trong Nghia (fifth from left) and other delegates at the booth of the Vietnam News Agency. (Photo: VNA) Hanoi (VNA) – Secretary of the Party Central Committee and head of its Commission for Information and Education Nguyen Trong Nghia on March 17 asked press agencies and journalists to stay resolved to fulfill the target of building a revolutionary press circle of professionalism, culture and modernity. In his opening remarks at the 2023 National Press Festival in Hanoi, Nghia suggested that more attention should be paid to personnel development in order to improve the efficiency of the popularisation of the Party’s guidelines and the State’s laws and policies. The sector needs to mirror national reforms, promote patriotic movements and highlight economic bright spots and prospects, thus raising public consensus and confidence in the leadership and management of the … [Read more...] about Party high-ranking official urges building professional revolutionary press

All apprentices must be at least 15 years of age and have educational and health qualifications appropriate to the trade they are learning. Hanoi has drawn up a plan to train 14,720 workers in less than three months by 2023, including women, rural workers, people with disabilities, and young people doing their military service. The plan aims to help raise the proportion of educated workers to 73.2%, of which the share of workers with degrees and certificates will reach at least 52.5%. Accordingly, the Hanoi People’s Committee will support elementary-level training for eleven groups of workers in 78 occupations in the 2023-2025 period. The capital city has also set a target of training more than 21,000 people at the primary level by the end of 2023, of which over 9,000 will be trained in non-agricultural occupations and around 12,000 in agricultural occupations. Vocational training in lacquer painting at a facility in Hanoi. Photo: Huy Bang All … [Read more...] about Hanoi to train 14,700 workers in less than three months

Under a new deal, IFC is providing a $40 million loan, the first phase of an overall planned $120 million financing package, to help SHB to provide more support for local enterprises and boost their participation in the global supply chain. More than one-third of the funding will be exclusively targeted for women-owned small- and medium-sized enterprises (SMEs), with support from the Women Entrepreneurs Opportunity Facility (WEOF) and the Women Entrepreneurs Finance Initiative (We-Fi) through a performance-based incentive, which encourages financial institutions to provide financing to women-owned small businesses. IFC’s investment is expected to help SHB more than double the number of SME loans as well as the outstanding loan volume for women-owned businesses by 2025. While SMEs are critical to Vietnam’s economy, generating 40 per cent of GDP and 50 per cent of jobs, they are having difficulty accessing finance, with about 62 per cent of total SME financing needs unmet. An IFC … [Read more...] about IFC partners with SHB to boost lending for SMEs

Since the establishment of diplomatic ties on February 26, 1973, the two countries have built a strong and enduring relationship with diverse and increasing interests, which unceasingly grows stronger and stronger. Vietnam is currently considered one of Australia’s most important bilateral partners. In March 2018, the two nations officially upgraded their ties to a Strategic Partnership level, opening a new page in bilateral relations. Vietnamese Foreign Minister Bui Thanh Son said that “After five decades of development with both opportunities and challenges, facing the constant fluctuation of international situations, Vietnam and Australia have today become reliable partners in both bilateral and multilateral frameworks.” In recent years, bilateral cooperation has expanded rapidly, covering various fields from security, defense, trade and investment to education, tourism and innovation. This development is evidence of the strong commitment of the two countries through high-level … [Read more...] about Vietnam, Australia eye comprehensive strategic partnership after 50 years of relations