Illustrative image (Source: VNA) HCM City (VNS/VNA) - As tourism continues to revive, the hotel and tourism industry is suffering from challenges in recruiting qualified human resources post pandemic, industry players warned. Speaking at a seminar on August 9 in HCM City, Dr Nguyen Anh Tuan, director of the Institute for Tourism Development Research, said there was a lack of high-quality staff in the industry. Vu The Binh, chairman of the Vietnam Tourism Association , said that human resources were a weak point for the industry even before the pandemic. “Efficient, hard-working, and resourceful human resources are the backbone of any successful business. It is even more so in the case of the hotel industry.” Successful hotel operations are sustained by customer-oriented and hard-working employees who have adequate competencies, he added. A large number of hotels and resorts stopped operation during the two-year pandemic, and coming back could prove challenging, he … [Read more...] about High-quality human resources key to sustainable tourism industry
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Universities increase school fees despite MoET’s proposal
Some students might not be able to attend their dream university due to increases in tuition fees. (Photo: nld.com.vn) HCM City (VNS/VNA) - Sudden increases in university school fees have brought challenges to both parents and students. Even though the Ministry of Education and Training ( MoET ) has written a proposal to keep the tuition fee unchanged between the 2021 and 2022 school years, many universities have announced multiple price hikes. HCM City University of Law is one of the schools with the highest tuition fees next school year. According to the school's announcement, the lowest tuition fee for Course 47 applied from the academic year 2022-23 to 2025-26 for general programmes of law, international commercial law and business administration is 151 million VND (6,455 USD). The tuition fee for remaining general majors range from 179 million VND to 205 million VND per course. For high-quality programmes of administration and law, a student would have to spend … [Read more...] about Universities increase school fees despite MoET’s proposal
Vietnam’s star rises in global supply chains
Great opportunities Vietnam has climbed up the value chain over the years, becoming a key electronics manufacturing hub, attracting stable foreign direct investment with its sound macro fundamentals, preferential tax incentives and an abundance of relatively cheap and productive labor. Electronics, a major driving force of Vietnam’s export growth Vietnamese enterprises are increasingly integrating into the global production chain, as confirmed by international organizations, including the World Bank and the Hongkong and Shanghai Banking Corporation Limited (HSBC) in their reports. For decades an apparel and footwear exporter with a low value added, Vietnam has gradually become an important production center in the technology industry, according to HSBC. Ngo Dang Khoa, HSBC Vietnam’s Country Head of Markets and Securities, said Vietnam has become a production center of electronics and cell phone components, helping it lure an increasing number of foreign … [Read more...] about Vietnam’s star rises in global supply chains
Production back to pre-pandemic level
A conference to review first-half operations and set out second-half tasks Significant contributions Despite numerous difficulties and challenges, the industry and trade sector yielded positive results in the first half of the year, making significant contributions to the country’s socioeconomic development, Minister Dien said. Nguyen Thuy Hien, deputy director of the Planning Department under the Ministry of Industry and Trade, highlighted bright spots related to the industry and trade sector’s growth goals in the first half of the year. Accordingly, the added value of the industrial sector increased by 8.48 percent compared to a year ago. Total export-import turnover reached an estimated US$371.3 billion, with exports increasing by 17.3 percent to more than US$186 billion. In particular, the export growth rate of the domestic sector (19.5 percent) overtook that of the FDI sector (16.6 percent), reflecting intensified efforts of domestic businesses to restore trade, … [Read more...] about Production back to pre-pandemic level
Vietnam facilitates travel of Vietnamese, foreign citizens
Tourists in Ho Chi Minh City (Photo: VNA) Hanoi (VNA) – The Vietnamese Ministry of Foreign Affairs has been working with domestic ministries, agencies and foreign partners to facilitate travel of Vietnamese and foreign citizens, said Spokeswoman Le Thi Thu Hang . At the ministry’s regular press conference in Hanoi on August 11, Hang said amid the complicated and uncertain developments of the COVID-19 pandemic with new, more virulent and transmissible variants as well as the emergence of new epidemics like monkeypox, several countries are yet to open their doors and continue limiting travel, some of which are major tourism markets of Vietnam. As the global economy continues to struggle from the pandemic, international tourism has not yet fully recovered, and Vietnam is not an exception. Following the Prime Minister’s directions to accelerate the tourism recovery in the new situation, Hang said Vietnam has promoted the mutual recognition of 'vaccine passports' and the … [Read more...] about Vietnam facilitates travel of Vietnamese, foreign citizens