Illustrative image (Source: VNA) Berlin (VNA) – Germany will promote the attraction of human resources from Vietnam and other countries in Asia and South America due to a serious shortage of labour force in the coming time, according to a local official. The Vietnam News Agency’s correspondent in Berlin quoted German Minister for Economic Affairs Peter Altmaier as saying on December 13 that the shortage of skilled workers is one of the biggest challenges for Germany to stand firm in the context of global competition. To address this issue, Germany will have to attract human resources from countries outside the European Union (EU) to meet its labour demand. According to Altmaier, Germany is more likely to seek skilled workers from Asia and South America, specifically cooperating with economic unions to implement pilot projects with Vietnam, India and Brazil./. VNA … [Read more...] about Germany looks to draw human resources from Vietnam
Human resources software
ICT contest in HCMC honors practical ideas for smart city development
This year’s HCMC ICT Contest is themed ‘Journey to a Smart City’ and was launched in August 2019. Until October 31, 2019, it received 65 papers, which were carefully evaluated in November for the awards ceremony to be held in December 2019. Many of these papers are from state organizations and in the fields of digital transformation, Internet of Things, smart operation, and practical applications for citizens. According to Deputy Director Le Quoc Cuong, among the 16 submitted papers of 12 enterprises in the first category of ‘Business with Outstanding Software Product’, the contest prioritizes domestic research results, those in the list of the key product program, and ideas to directly contribute to smart city establishment or solutions to the city’s current issues. Certain prominent candidates are the document administration system Doceye, the school management software, the integrated library management software Lac Viet Vebrary, and the … [Read more...] about ICT contest in HCMC honors practical ideas for smart city development
NA leader receives WB-IMF Parliamentary Network delegation
National Assembly Chairwoman Nguyen Thi Kim Ngan addresses the meeting (Photo: VNA) Hanoi (VNA) – National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception in Hanoi on March 7 for a delegation from the Parliamentary Network on the World Bank and the International Monetary Fund (the Parliamentary Network) led by its Vice President Soukri Cherif. Showing her delight at the effective cooperation between Vietnam and the WB, the top legislator said that Vietnam needs the support of the international community, including the bank, to fulfill its goals amidst many difficulties and challenges. She affirmed that the NA of Vietnam will closely supervise the management and use of WB assistance, ensuring it is used effectively to bring added value to the local socio-economic development. She also spoke highly of the cooperation and support that the WB has given to NA agencies, which she said helped improve the legislature’s supervision over finance, budget and economy. … [Read more...] about NA leader receives WB-IMF Parliamentary Network delegation
PM promises 5-7 per cent corporate income tax cuts at GMS Summit
Prime Minister Nguyen Xuan Phuc at the sixth GMS Summit “We have been working to meet our commitments to protect intellectual property rights, innovative ideas, and the inventions of startups. We will continue to boost tax policy reforms and corporate income tax will be decreased to 15-17 per cent from the current 20-22 per cent,” stated Prime Minister Nguyen Xuan Phuc at the sixth Greater Mekong Subregion (GMS) Summit. At the summit, the PM said that in 2017, Vietnam continued to maintain one of Asia’s highest economic growths, with inflation controlled at 3.5 per cent. The country’s interest and exchange rates remained stable, trade turnover reached a record $425 billion, and foreign reserves have exceeded $60 billion. According to the World Bank, Vietnam’s Ease of Doing Business Index last year jumped 14 places to stand 68th among 190 economies. The World Economic Forum (WEF) placed Vietnam’s Global Competitiveness Index (GCI) at 55th out of … [Read more...] about PM promises 5-7 per cent corporate income tax cuts at GMS Summit
Viet Capital Bank and KPMG develop new profitability analysis model
The model aims to provide in-depth analysis of profit under different perspectives The model was developed with all aspects of the banking business taken into consideration, including the allocation of costs from supporting departments to front offices that directly generate revenue. The main objective of this model is to provide in-depth analysis of profits under different perspectives, such as products, customer segments, and business units impacting performance, helping banking leaders make accurate and effective business decisions. KPMG is one of the world’s four largest professional audit, tax, and advisory service firms. With over 25 years of experience in Vietnam, KPMG is the leading brand, having a team of experts who are knowledgeable about banking and finance from both domestic and international perspectives. KPMG consultants have been successfully implementing human resources solutions, as well as financial management and technology solutions for various banks … [Read more...] about Viet Capital Bank and KPMG develop new profitability analysis model
