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Vietnam sent over 56,800 labourers to work abroad in the first seven months of 2022 (Photo: VietnamPlus) Hanoi (VNA) – Vietnam sent over 56,800 workers, including 21,238 females, abroad to work under labour contracts over the first seven months of 2022, equivalent to 63.2 percent of the target set for the year. According to data from the Ministry of Labour, Invalids and Social Affairs (MoLISA), Japan, Taiwan (China) and the Republic of Korea (RoK) remained the largest recipients of Vietnamese labourers during the reviewed period. With the number of workers going to work abroad continuing to remain stable, Vietnam’s plan to send 90,000 labourers to work abroad this year is completely feasible, the ministry said. Due to the impact of COVID-19, last year, Vietnam completed only 50 percent of its yearly target in labour export with 45,058 workers sent abroad. Thanks to wide-scale vaccination against COVID-19 and the changes in pandemic control strategies towards … [Read more...] about Over 56,800 Vietnamese labourers sent abroad in 7 months

At the meeting, the fund’s chairwoman Truong My Hoa, who is the former Vice State President, stressed that the significant and practical care and support from the Ministry of National Defense over the past years have helped the fund to develop strongly and spread in the society. She reported that for 25 years, the fund has granted 125,000 scholarships via four investment projects, namely “Nurturing the future,” “Paving the way to the future,” “Fostering dreams” and "Supporting students.” Speaking highly of the fund’s projects, programs, and practical facilities carried out over the past 25 years, Defense Minister Phan Van Giang stressed that a number of students, including those from ethnic minority groups, children of troops have overcome difficulties to rise in study and life thanks to the fund. He also applauded the fund for honoring collectives and individuals with great contribution to compatriots in mountainous areas and on islands, creating a wide spread in society. The … [Read more...] about Defense Minister meets with Vu A Dinh Scholarship Fund delegation

Despite this substantial growth, funding was down by 40 per cent when compared with the third quarter of 2022. Breaking down the funding landscape, the early-stage rounds played a dominant role, contributing almost 98 per cent of the total funding for the quarter, amounting to $49 million. However, seed-stage rounds experienced an 87 per cent drop to $1.1 million in the third quarter of 2023, compared with the second quarter of 2023, and a 92 per cent drop compared to the third quarter of 2022 amounting to $13.8 million. Key segments that garnered significant funding included fintech, life sciences, and enterprise applications. Fintech emerged as the highest-funded sector, securing $29 million in the third quarter of 2023 and exhibiting a remarkable 180 per cent growth compared with the third quarter of 2022. While Vietnam did not witness any unicorns or IPOs in the given period, the Vietnam startup ecosystem remains promising, driven by government support and a strategic push … [Read more...] about Vietnam’s tech startups secure $50 million in funding in Q3

Talking to Saigon Giai phong newspaper, Huy provided specific details about cooperation agreements signed between Vietnamese government agencies and U.S. corporations during Prime Minister Pham Minh Chinh's recent official visit to the U.S., which focus on enhancing design capabilities, product development, and training human resources serving the semiconductor industry. NIC has signed three significant memorandums of understanding (MOUs) with U.S. partners, Huy said. Among them, the MoU with Synopsys aims to support the development of a chip design incubation center. Meanwhile, the MoU with Cadence Design Systems Inc was designed to promote the semiconductor and electronics industry in Vietnam. Through this collaboration, NIC will provide Vietnamese universities, training centers, and startups with the necessary technology and training programs to design and develop semiconductor products. Through the MoU with Arizona State University (ASU), NIC and the university will … [Read more...] about Vietnam looks to attract foreign high technology “eagles”

International tourists are becoming increasingly drawn to Ho Chi Minh City. (Photo: VNA) Hanoi (VNA) – International tourists are becoming increasingly drawn to Ho Chi Minh City where they can discover its vibrant blend of cultures through standout tours. Of the total 25 million tourist arrivals that the city hosted during January – August, there are nearly 3 million foreigners, up 105.2% year-on-year. Local tourist sites such as Ben Thanh Market , Sai Gon Central Post Office , and the War Remnants Museum have been favoured among the visitors. Zuzanna Henel and Klaudia Witkowska from Poland said they are impressed by the “Biet dong Sai Gon” (Sai Gon Special Task Force) tour developed by Vietluxtour, during which they got a better understanding of Vietnam’s war time as well as stories about Sai Gon heroes. Visiting HCM City for the fourth time in ten years, Allan Andersen from Demark said he wants to enjoy walks along the streets as well as local foods such as … [Read more...] about HCM City increasingly appealing to foreign visitors

The Vietnam Tourism Association (VITA) and the Korea Tourism Organisation of the Republic of Korea (KTO) sign a Memorandum of Understanding (MoU), Hanoi, September 28 (VNA) Hanoi (VNA) – The Vietnam Tourism Association (VITA) and the Korea Tourism Organisation of the Republic of Korea (KTO) signed a Memorandum of Understanding (MoU) on bolstering tourism cooperation in Hanoi on September 28. Accordingly, the two sides will share information related to tourism policies, market trends, statistics, bolster exchanges among businesses in the fields, and jointly organise promotion activities like tourism fairs, seminars and famtours, among others. Under the MoU , members of VITA will receive support in developing tours to the RoK, improving the tours' quality of tourism programmes and ensuring rights and benefits for Vietnamese tourists when travelling to the RoK , while enhancing service quality for Korean tourists in Vietnam. Vu The Binh, Chairman of VITA, said the … [Read more...] about Vietnam, RoK sign MoU to strengthen tourism cooperation

Knowing this situation, the Quang Binh provincial Military Command promptly checked Infantry Regiment 996’s preparation in natural disaster prevention and control, as well as search and rescue work. Meanwhile, the provincial Border Guard Command has directed its units to strengthen forces in flood-hit areas and areas with high risk of landslides; enhanced information dissemination and fully prepared sufficient food and necessities for local people. In Ha Tinh province, many localities have experienced heavy flooding, especially Huong Khe district. More than 4,300 students are unable to go to school due to heavy rains and flooded roads. The Ha Tinh provincial Military Command has inspected natural disaster prevention work of Huong Khe and Vu Quang districts’ military commands while requiring its affiliated units to prepare 100 vehicles, nearly 15,000 life jackets, 50 generators, food, medicines, fresh water, and others for the locals. As of 18:00 on September 26, storms blew off … [Read more...] about MR4 armed forces brace for flood

After being briefed on Ministry of National Defense’s task performance in September and orientations for October, General Phan Van Giang praised the high responsibility and determination of leaders, commanders, officers and soldiers in the whole military in task accomplishment in September. Particularly, the whole military has strictly maintained combat readiness posture; closely followed situations to pro-actively make recommendations to higher levels to address circumstances in a timely and effective manner; coordinated with other forces to ensure political security, social order and safety in localities throughout the country. Meanwhile, units and agencies in the whole military have strictly controlled illegal border crossings; prevented illegal, unreported and unregulated (IUU) fishing; effectively implemented natural disaster prevention and control, as well as search and rescue work; mobilized thousands of troops and militiamen and hundreds of vehicles to surmount the … [Read more...] about MND holds conference to review task performance in September

The Hoi An People's Committee organized the parade to mark the Mid-Autumn Festival. The parade began with the moon hanging high in the sky, and the procession marched along the town's main streets: Tran Phu, Bach Dang and Le Loi. Several foreigners could be seen in the crowd watching the parade, and some were even sporting Vietnamese traditional dress ao dai and holding star lanterns in hand. Some foreign tourists said they had a "very exciting" experience watching the parade and the lion dance performances. Foreigners watch the parade from both sides of the street. At 8 p.m., the rain came, causing the parade to die down a bit. Several stores were closed and certain areas experienced blackouts. Nevertheless, many tourists were happy to walk through the rain of Hoi An. Light sculptures of the four mystical beasts – dragon, lion, turtle and phoenix – are carried through town by the parade. … [Read more...] about Hoi An Mid-Autumn Festival parade delights locals, foreigners

The event is being organised by the Vietnam National Entrepreneur Association in collaboration with the Vietnam National Administration of Tourism - the Ministry of Culture, Sports and Tourism and reputable businesses in the tourism industry. Dr. Dinh Viet Hoa, president of the Vietnam National Entrepreneur Association and head of the organising committee said, "This summit will introduce opportunities and solutions for comprehensive tourism development, along with innovative technologies and training to guide tourism business activities." “The event is a response to government policies that aim to support startups and develop small and medium-sized enterprises in the tourism ecosystem,” Hoa added. Dr. Vu Tien Loc, chairman of the Vietnam International Arbitration Centre and honorary president of the Vietnam National Entrepreneur Association, said, "Tourism plays an important role in the economic and social development of countries around the world. Resolution … [Read more...] about New tourism industry summit set for October