Reap most benefits

Hanoi (VNA) – Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the fourth industrial revolution (4IR) with adequate investment in skills development for new and repositioned jobs, according to a new study by the Asian Development Bank (ADB). The finding is one of six key recommendations emerging from ADB’s study “Reaping the Benefits of Industry 4.0 Through Skills Development in Cambodia.” It is part of a four-country study of ASEAN nations that also include Indonesia, the Philippines, and Vietnam. The study examines the garment and tourism industries in Cambodia, both of which are important for growth, employment, international competitiveness, and 4IR. It finds that 4IR technologies will eliminate jobs in the garments and tourism industries, but these would be offset by increase in demand arising from higher productivity, potentially generating net job increases of 39 percent and 2 percent, … [Read more...] about Cambodia urged to investment in skills development to reap benefits of 4IR

Its experienced staff stand ready to provide professional consultancy for all clients and support them in completing all procedures in the simplest manner, with the quickest time for approving the loans. Thanks to the diversified forms of loans and flexible forms of debt payment, clients can take the initiative in balancing their financial resources so that the preferential loans from the bank can help them fulfil their performance plans for 2021. … [Read more...] about Fresh credit scheme outlines BAC A BANK ambitions to assist clients with investment

In order to carry out the flood prevention project, about 280 households must be relocated and the river bank must be repaired. The authorities must also dredge the river. Quy Nhon City People's Committee will be responsible for organising the resettlement areas and compensation fund. The Binh Dinh People's Committee will be responsible for the funding of the construction and any renovation. … [Read more...] about VIETNAM NEWS JANUARY 16

Continuously consolidating and developing the great friendship, special solidarity and comprehensive cooperation between the two countries is a strategic mission crucial to the protection of national independence, sovereignty and territorial integrity and socialism building in each country, thus contributing to peace, stability, cooperation and development in the region and the world, they emphasized. … [Read more...] about Top leader holds phone talks with new Secretary General of Lao People’s Revolutionary Party

The supposed newness of the September 30 angreement, which still requires Congressional approval, is belied by the fact that many of its updates to the original NAFTA had already been contemplated in the Obama administration’s proposed Trans-Pacific Partnership (TPP). That multilateral regional trade deal would have also included Mexico and Canada, and its provisions covering e-commerce and intellectual property would have served as overdue updates to NAFTA. But Trump scrapped the TPP, only to have his trade negotiators crib from it to salvage NAFTA. The new deal also includes some provisions the administration insisted upon to protect the U.S. auto industry. … [Read more...] about Commentary: What Trump’s new trade pact signals about China