Reaping for benefit

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

If clients want to invest into their production and business in the short term, they can participate in production-oriented products from BAC A BANK for individuals, such as loans for supplementing working capital, taking care of industrial trees, and developing fruit and vegetables, with a lending rate of 8.99 per cent a year. … [Read more...] about Fresh credit scheme outlines BAC A BANK ambitions to assist clients with investment

Despite fast population aging and the number of people aged 65 and above making up 7.7 percent of the population, Vietnam is still one of the few countries effectively responding to the pandemic. To sustain this achievement, it should prepare all conditions necessary for ensuring social security and nursing services for the elderly, especially the ones living alone, at care centres, and with disabilities, the UNFPA said./. … [Read more...] about VIETNAM NEWS JANUARY 16

The Vietnamese leader spoke highly of the outcomes of Laos’ 11th Congress, stressing that this is an important milestone in the country’s development process and a great encouragement for Vietnam during its preparation and organization of the 13th National Party Congress. … [Read more...] about Top leader holds phone talks with new Secretary General of Lao People’s Revolutionary Party

Then there’s the fact that Trump can reap the benefits of the so-called Madman Theory, first posited by Italian political theorist Niccolo Machiavelli and associated at times with President Richard Nixon’s Vietnam policies. The idea is that people or nations might be more willing to make concessions to an irrational adversary, seemingly capable of anything. At a more prosaic level, Trump’s apparent inability to distinguish between tactical and longer-term strategic interests empowers him to be more obstinate on particular matters. He could revisit the United States’ trade agreement with South Korea (as he did) on its narrow merits, or obsess over the Canadian government’s protection of its dairy farmers, oblivious to the broader context of why it might be a bad idea to jeopardize the overall relationship with Canada or Korea. … [Read more...] about Commentary: What Trump’s new trade pact signals about China