Hanoi's top priorities include the construction of ring roads, urban railway and satellite cities. China's coastal city of Shenzhen is willing to partner with Hanoi to promote decentralized relations in trade, investment, economic activities, 5G technology, new energy vehicles, and renewable energy, said Qin Weizhong, mayor of Shenzhen. Nguyen Manh Quyen, Vice Chairman of the Hanoi People's Committee (right), meets with Shenzhen Mayor Qin Weizhong this week. Photo: The Hanoi Times Shenzhen is China's third-largest economy after Beijing and Shanghai, with a GDP of US$500 billion by 2022, Mayor Qin said at a meeting with Hanoi People's Committee Vice Chairman Nguyen Manh Quyen this week. The city is also home to substantial development of large high-tech enterprises such as Huawei and Tencent, he said, adding that 11 of the world's top 500 companies are headquartered in the city. Among ASEAN countries, Vietnam is Shenzhen's largest trading partner, and … [Read more...] about Hanoi, Shenzhen eye partnerships in urban and public transport development
Golden key hanoi
Businesses’ intrinsic strength – key to socio-economic development
Jonathan Pincus, UNDP Senior International Economist, said Vietnam should give fresh impetus to national innovation and invest big in research and development (R&D) activities with a view to improving labor productivity in long term. He added that Vietnam’s spending on R&D activities, a measure to evaluate the ability to better labor productivity, has lagged behind that in China, Thailand and Malaysia. Besides, rational mechanisms should be put in place to lure leading Vietnamese scientists to domestic institutes and universities, he said, highlighting they will make practical contributions to the national development. Low worker productivity has hampered economic recovery post pandemic, other experts said, pointing a shortage of employees with substantial experience and skills, and a large number of micro and small businesses as major reasons. While government policies to renew the growth model and enhance innovation in science and technology have created favorable … [Read more...] about Businesses’ intrinsic strength – key to socio-economic development
Recruitment soaring in tech titan positions
Photo: Duc Thanh In the working session between Chairwoman of Bac Ninh People’s Committee Nguyen Huong Giang and Goertek Group on September 12, the leader of Goertek reported on construction progress of its third plant located in Nam Son-Hap Linh Industrial Park. According to Goertek, one of Apple’s largest acoustic products suppliers, the construction of this third facility is accelerating. To prepare for the operation, the corporation is continuously placing notices on the recruitment information on its website as well as at online job fairs. The $300-million factory in Nam Son-Hap Linh Industrial Park, which will produce consumer electronics, communication equipment, and optical equipment, will go into operation in April 2024, with the total recruitment demand up to 50,000 people. Foxconn and Luxshare ICT Vietnam have simplified recruitment procedures and offer competitive incomes to employ a large volume of employees. Nguyet Ha, HR staff of Foxconn Quang Chau, said … [Read more...] about Recruitment soaring in tech titan positions