Reaping of the 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

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Over the years, the Party and the State have paid special attention to development in ethnic minority and mountainous areas, Vice Chairwoman of the National Assembly Tong Thi Phong said at a workshop on socio-economic development in ethnic minority and mountainous areas in the Central Highlands and central coastal provinces, which was held in Dak Lak province on January 13. … [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

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