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French consulting firms

/ February 28, 2021

Over 8,000 firms newly established in February

Such enterprises are expected to hire about nearly 57,000 workers, down 22.1% compared with the same period in 2020. The first two months of 2021 saw the new establishment of over 18,000 firms, down 4% year on year, with a total number of registered workers of 173,000. The number of enterprises resuming operations was 11,033 (down 7.6%). Additional registered capital in the economy was estimated to have reached over VND720.4 trillion (over US$31.2 billion) in the first two months of this year, up 12.4%. The average capital of new companies was VND18.5 billion (over US$801,621), up 46.4%. …

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/ February 28, 2021

Being stranded here due to Covid-19: Not really bad

Being stranded here due to Covid-19: Not really bad By My Huyen During the current Covid-19 pandemic in Vietnam, many expatriates strained here have had to survive with the meager income they earn here. The story about a French visitor getting stuck in Vietnam during the Covid-19 pandemic who had to sell local snacks to earn a living went viral before Tet, the Lunar New Year. This story moved many social media users who showed their sympathy for the French traveler. However, to some other foreigners who became stranded here because of the pandemic, the situation was not so miserable. Several foreigners in Vietnam are not happy with the question posed to them that why they have got stuck here during the pandemic. “Why not stay in a safe place? Where should we go now?” these expatriates would reply. In fact, in some countries Covid-19 may kill thousands of people a day. What’s more, finding a job back home may be a nightmare at this moment, several of them say. Some of the expatriates who have remained in Vietnam since the outbreak of Covid-19 think differently, though. One argues that only foreigners, especially those from Western countries, who are in financial distress, did not get on board an airplane to go back home although they had no stable job in Vietnam. To this specific contingent of expatriates in Vietnam, the fear of a homecoming was so big that they chose to stay here although they could board an outbound flight to get home by the time the pandemic began to spread in the country. According to the above expatriate, foreigners who work from home, or are YouTubers, disc-jockeys or performers at bars in Vietnam’s big cities, and many others are practicing thrift to make both ends meet with their current meager income. Some are in fact dodgers of unemployment in their home countries. One of the most common occupations followed by the above expatriates in Vietnam is teaching English. This job earns them fairly enough, about US$1,200 …

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/ February 28, 2021

Viettel on the way to becoming a world leading defense industry group

The 12th National Party Congress determined: “Promoting the development of the defense and security industry for both military and civilian purposes; increasing resources, creating modern material and technical foundations for the development of the People's Army and the People's Public Security Forces, meeting the requirements of protecting the Fatherland in the new situation.” While inheriting that point of view, the political draft report at the 13th National Party Congress also gives new points: “Building and developing a modern dual-use defense and security industry, both satisfying the requirements of the task of protecting the Fatherland and making an important contribution to national socio-economic development.” To clarify the new points in the political report at the 13th National Party Congress, reporters of the People's Army Online Newspaper had an interview with Major General Hoang Son, Secretary of the Party Committee and Deputy General Director of Military Industry - Telecoms Group (Viettel). Researching and developing high level technologies for national defense Reporter: Mr. Deputy General Director, documents of the 13th National Party Congress mention the need to develop a number of key science and technology branches to solve urgent issues and apply scientific and technological advances to both economic and defense sectors. What do you think about this policy and what will Viettel do to successfully realize it? Major General Hoang Son: The new contents articulated in the documents of the 13th National Party Congress on the issues are the developments of the Resolution of the 12th National Party Congress. These developments have reflected the flexibility and creativity of the Party in response to the new situation. Regarding its development strategy, Viettel has so far established business, trade and investment ties with more than 120 partners from 35 countries. Thanks to our widespread business network, we can easily access …

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