Pboc asset management rules

The Hanoitimes - The number of Vietnamese women accounts for half of the labor force but less than one-fourth of overall management roles. The percentage of women in management in the foreign-direct investment (FDI) sector is a third of the number of people in leadership positions, the highest (34.1%) compared to the 29.7% and the 20.2% in state and domestic spheres, respectively, according to the latest report. Vietnam’s women account for half of the labor force but less than one-fourth of overall management roles. Photo: ILO A report “Gender and the labor market in Vietnam” by the International Labor Organization (ILO) in Vietnam shows that there is still a gender gap in labor force participation in the country, especially in management level. Uneven distribution of family responsibilities in Vietnam’s society could be the reason behind. The elimination of gender gaps in education has not translated into a comparable narrowing of gender gaps in employment quality, earnings, or decision-making jobs. “They are much more likely to involve in household work than men, and spend twice as many hours on it,” said Valentina Barcucci, ILO Vietnam Labor Economist, lead author of the research. Women spent an average of 20.2 hours per week cleaning the house, washing clothes, cooking and shopping for the family, doing family care and childcare, whereas men spent only 10.7 hours. Close to one fifth of men did not spend any time on these activities at all. Chart: The portfolio of female management in total employment, by sector, 2019 As a result of the pandemic, total working hours dropped significantly in the second quarter of 2020, and recovered through the second half of the year. Women faced the most severe losses, according to the report. The total weekly hours worked by women in the second quarter of 2020 were only 88.8% of the total for the fourth quarter of 2019, compared to 91.2% for men. “Before the …

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The Hanoitimes - The MoH is working with the COVAX to arrange for another shipment of 1.3 million doses to arrive at Vietnam in March. The Ministry of Health (MoH) would mobilize all resources to carry out Vietnam’s largest vaccination program yet with an estimated of 100 million doses. Local volunteer vaccinated with domestic Covid-19 vaccine named Nanocovax in Hanoi. Photo: Ngoc Tu Minister of Health Nguyen Thanh Long made the statement at an online conference discussing plan for the nationwide Covid-19 vaccination program held today [March 6]. “With the country’s first Covid-19 vaccine doses set to be administered on March 8 in the northern province of Hai Duong, Hanoi and Ho Chi Minh City, there would no doubt be side effects, but this is not the reason for Vietnam to stop the vaccination program,” stated Long. According to Long, Covid-19 vaccines are developed and manufactured in the shortest time in the history of vaccine development, so the effective period of vaccines varies from six months to two years. “In addition to importing vaccines, Vietnam would accelerate the R&D processes for domestic Covid-19 vaccines to ensure long-term public health security,” Long added. The minister suggested any post-vaccination side effects is possible, as not any vaccine can be 100% safe. “As the vaccine is new, so the vaccination program will be carried out in a cautious manner,” added Long, saying local health authorities have evaluated the safety of vaccines in Vietnam. With the limited amount of vaccine doses, Long said the MoH would prioritize vaccination for 13 cities and provinces of high risk. “The MoH is working with the COVAX to arrange for another shipment of 1.3 million doses to arrive at Vietnam in March,” he informed. Vaccine passport Under the government resolution NO.21 on the 11 priority groups, Long said the first doses of Covid-19 vaccines would be allocated for health workers at 21 health facilities with …

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The Hanoitimes - With the relocation of the capital and a comprehensive reform, Ly Cong Uan (King Ly Thai To) and his descendants succeeded in building a strong nation. Peaceful ascension to the throne The kings of the Early Le Dynasty, founded in 980, embarked on effective reforms to stabilize the political and economic situation. However, the decease of king Le Dai Hanh in 1005 led to infighting within the royal family for succeeding him. In the end, Le Dai Hanh’s fifth son, Le Long Dinh, defeated other princes to claim the crown. However, the brutal struggle that he fought for the throne caused resentment among the people. The statute of Ly Cong Uan in Hanoi. Photo: Jenna Duong. In 1009 when Le Long Dinh died at the age of 24 and his children were very small, Ly Cong Uan, a talented dignitary was supported by other court officials to ascend to the throne, peacefully seizing power from the Le. It is known as the most peaceful change of dynasty in the country’s history. From moving the capital to reforming the country Ly Cong Uan was crowned in the context of a serious political and socio-economic crisis and the threat of invasion from the Chinese Song dynasty. He was determined to end the political crisis that lasted through several reigns and bring stability to his kingdom. His  first decision as king was to move the capital from Hoa Lu (Ninh Binh) to Dai La (Hanoi now). Hoa Lu was chosen by King Dinh Tien Hoang (924-979) as seat of his court to suit the needs of defending the nation in the early days after the civil wars. It was more appropriate for defense purposes as it is located in a low land surrounded by limestone mountains. However, it was difficult to develop an urban city here as traffic was inconvenient and its location is too distant from the thriving economic centers in the Red River Delta. In autumn of 1010, King Ly Thai To decided to move the capital of the kingdom to Dai La, mindful that the place …

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