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The sides briefed each other on their operations, and exchanged the experience in the implementation of trade union movements at the local level. They shared many ideas to optimize the role of trade unions and give better care for laborers, building a harmonious labor relations and promoting development of businesses and agencies. NACC Vice President Kim Chann Samnang briefed his hosts on the employment situation, trade unions’ activities and policies for laborers. He said that Cambodia currently has 1.5 million laborers, 80% of whom have joined trade unions. Their average income reaches 250 - 350 USD per month, he added. The official expressed his hope that the Trade Union of Public Utility Enterprises and Commercial Services of Ho Chi Minh City and the NACC will continue to share experience in trade union affairs and measures to attract more laborers, thus contributing to strengthening the friendship and cooperation between the two sides and promoting the socio-economic … [Read more...] about Ho Chi Minh City, Cambodia share experience in trade union affairs

Delegates at the meeting (Photo: VNA) HCM City (VNA) – The Ho Chi Minh Federation of Labour, the Trade Union of Public Utility Enterprises and Commercial Services of the city, and the National Union Alliance Chamber of Cambodia (NACC) had a meeting in the city on June 7 to share experience in trade union affairs. The sides briefed each other on their operations, and exchanged the experience in the implementation of trade union movements at the local level. They shared many ideas to optimise the role of trade unions and give better care for labourers, building a harmonious labour relations and promoting development of businesses and agencies. Cambodian NACC delegates visit Cholimex Food Joint Stock Company in Vinh Loc industrial park in HCM City (Photo: VNA) NACC Vice President Kim Chann Samnang briefed his hosts on the employment situation, trade unions’ activities and policies for labourers. He said that Cambodia currently has 1.5 million labourers, 80% of whom have … [Read more...] about HCM City, Cambodia share experience in trade union affairs

Illustrative image (Courtesy of AFD in Vietnam) The European Union (EU) and France, through the French Development Agency (AFD), recently offered 20 million EUR (23.6 million USD) in aid to Vietnam to help improve resilience, water and natural resources management . On May 11, Ambassador of the EU to Vietnam Giorgio Aliberti and AFD Director in Vietnam Fabrice Richy signed an agreement to enhance cooperation to improve resilience to climate change and natural disasters in Vietnam, moving towards a “green future”. Under the agreement, the EU will provide a non-refundable aid of 20 million EUR for AFD. Via coordination with central and local authorities, AFD will call on the Water and Natural Resources Management (WARM) Facility to prepare and launch projects co-financed by AFD’s loans and Vietnam’s resources during the 2011-2029 period with total estimated capital of 200 million EUR. As planned, the WARM will back the preparation and implementation of more … [Read more...] about EU and France help Vietnam towards a green future

With an area of 3,300 km2, a population of 10 million and rapid urbanization, Hanoi is in need of solutions for green urban growth. The capitals of Vietnam and Denmark expressed hope to strengthen ties and facilitate the development of green cities at a meeting on June 8. Hanoi's vice mayor Nguyen Trong Dong (right) meets Danish Ambassador to Vietnam Nicolai Prytz on June 8. Photo: Tu Anh/The Hanoi Times Nicolai Prytz, Danish Ambassador to Vietnam, said he expected to discuss Hanoi's future directions and develop feasible, practical ways to strengthen cooperation between the two capitals. Nicolai also pointed out the five key areas of cooperation between Vietnam and Denmark , including energy and environment, agriculture, healthcare, education, and statistics. He said that good relations between the two nations are built upon the cooperation between Vietnamese and Danish localities, especially the two capitals. Vietnam and Denmark are good … [Read more...] about Hanoi, Copenhagen join hands in green city development

Hanoi has accumulated about US$69.844 billion in foreign direct investment, ranking second in the country. Hanoi plans to build more industrial parks to attract foreign investment. Simultaneously, the city will prioritize site clearance and expedite the development of a comprehensive and modern infrastructure system. Overview of the meeting. Photo: Hoai Nam/The Hanoi Times Deputy Chairman of the Hanoi People's Committee Nguyen Manh Quyen revealed the plan today [June 8] at a meeting with representatives of the Ministry of Planning and Investment to discuss solutions to further attract foreign direct investment (FDI) into the capital . Nguyen Ngoc Tu, Deputy Director of the Hanoi Department of Planning and Investment, revealed that the city had seen a significant increase in FDI in the first four months of 2023, reaching $1.82 billion, a remarkable 260% increase compared to the same period last year. Numerous projects in sectors such as … [Read more...] about Hanoi eyes new industrial parks to lure foreign investors

Organized by the Saigon Giai Phong (Liberated Saigon) newspaper, Saigon Co.op and the Ho Chi Minh City Union of Business Associations, it includes building a corporate brand communication strategy associated with environmental social responsibility, mobilizing a large number of volunteers to participate as "information ambassadors" to support the public to clearly identify environmentally friendly products and those made by companies that are environmentally conscious. Saigon Co.op’s distribution system will have promotions and separate display areas for environment-friendly products. Among the highlights of this year’s campaign is a Green Trade Forum with the theme "Green Trade - Challenges and Development Prospects of Enterprises" to be held on June 14 with experts analyzing solutions to improve the efficiency of State management and integrate green growth into the socio-economic development plan. Le Truong Son, Deputy General Director of Saigon Co.op, said the campaign would … [Read more...] about Annual Green Consumption Campaign begins in Ho Chi Minh City

On the morning of November 30 last year, Minh, now 29, received an email from his employers at DoorDash, the largest online food delivery company in the U.S. The company announced that it was letting him go. Just a day earlier, Minh was still the leader of one of the company’s finance management team. When he received the email, Minh had already studied and worked in the finance field in the U.S. for over a decade. He has a bachelor’s degree in accounting, a master’s in data science, is a certified Chartered Financial Analyst (CFA), as well as a Certified Public Accountant. "Though the layoff wave at that time was staggering many tech firms, I still couldn’t believe my eyes. I was aware of the financial situation of the company [DoorDash], and it was good," Minh said. The next thing he did was call his manager, hoping the letter may have been a mistake. The manager said they were surprised by the news and promised to look into the matter. Ten minutes later, it was … [Read more...] about Vietnamese worker back on feet after US layoff

The design of the Belt Road No. 3 (Photo: nld.com.vn) HCM City (VNA) – Ho Chi Minh City has handed over more than 81% of the land needed for the section crossing the city of Belt Road No.3 project, enabling its construction to be launched on June 18 in Long Binh ward of Thu Duc city , according to HCM City’s Management Board of Traffic Works Construction and Investment. The board reported that so far, localities across the city have provided the investor with about 335 hectares out of the total 410 hectares of land for the project in the city. Director of the board Luong Minh Phuc said that along with ground clearance, the selection of contractors and consultant agencies is also making progress. The project is expected to open to traffic in late 2025 and fully complete in 2026, he said. Phuc attributed the good result in ground clearance work to the efforts from the local Party Committees and administrations at all levels and the support of local residents in the … [Read more...] about Fast ground clearance enables Belt Road No.3 project to start on June 18

Vietnamese consumers are also becoming more discerning and value conscious (Photo: VNA) Hanoi (VNS/VNA) - Vietnam remains an attractive market for retailers as Vietnamese consumers remain optimistic about the economic challenges and are driving premium purchases. Vietnamese consumers’ overall optimism remained one of the highest among countries globally, according to global management consulting firm McKinsey. McKinsey wrote in a recent article on its website that Vietnamese consumers were optimistic that the country’s economy would rebound within two to three months and grow just as or even more strongly than before the COVID-19 pandemic. There was also a clear intent by consumers to “splurge” and treat themselves, with more than 70% of respondents saying they intend to increase spending on categories of products or services they spent less on over the past year and a half. It was estimated that more than half of the Vietnamese population would enter the global middle … [Read more...] about Vietnam remains an attractive retail market: reports

Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry speaks at the opening ceremony of the exhibition. (Photo: VNA) Hanoi (VNA) – The 11th Hanoi International Plastic, Rubber, Printing, and Packaging Industry Exhibition (Hanoi PlasPrintPack 2023) was opened in Hanoi on June 8, attracting 200 companies with 340 booths. The companies are from 11 countries and territories including China, India, Indonesia, Japan, Malaysia, the Philippines, Taiwan (China), Hong Kong (China), Thailand, the UK, and Vietnam. Speaking at the opening of the exhibition, Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry, said that along with the development of the domestic manufacturing industry, the plastic, packaging, and printing industries also see rapid growth. They are supporting industries with great potential and require high-tech products, modern production processes, and management to increase competitiveness in the market. Ho Duc … [Read more...] about Over 200 companies join Hanoi PlasPrintPack 2023