Workers making goods for export at a Gia Toc Garment Export factory in Ha Nam Province. — VNA/VNS Photo Tran Viet The profits of Vietnamese textile and garment enterprises were diverse in the fourth quarter, with many big names posting great losses. After being heavily impacted by the COVID-19 pandemic, textile and garment enterprises have gradually recovered and were one of the key export industries that recorded extraordinary growth rates in the first months of 2022. Data from the General Department of Customs showed that the export value of the textiles and garments sector in 2022 reached US$37.57 billion, a gain of 14.7 per cent year-on-year. The US is the biggest import market of Vietnamese textile and garments, worth $17.36 billion last year, up 7.9 per cent. It was followed by the Europe Union and Japanese markets, reaching $4.46 billion and $4.07 billion, up 34.7 and 25.8 per cent, respectively. Although the industry saw positive export prospects in the first and … [Read more...] about Textile industry faces headwinds in 2023 after poor results in Q4
School was designed for factory workers
HCM City faces shortage of teacher
HCM City faces a shortage of teachers at all levels of education, according to the city’s Department of Education. HCM City is facing a shortage of teachers in all levels of education. — Photo: sggp.org.vn The situation was mentioned at a press conference on socioeconomic issues and COVID-19 prevention and control in the city held recently. Notably, the education sector is facing difficulties in recruiting teachers at primary and secondary schools. The department has submitted a project to attract human resources for primary and secondary school teachers and retain teachers at schools to the People's Committee of HCM City. In HCM City, the number of students, mainly at elementary schools, is expected to soar by 40,000 each year. Thủ Đức City, District 12, Bình Tân District, Bình Chánh District, and Hóc Môn District, which are in the process of rapid urbanisation, report the highest growth of student numbers. At the beginning of this school year, … [Read more...] about HCM City faces shortage of teacher
F&B cooperatives seize new opportunities amid economic difficulties
Some food and beverage products from a cooperative in Ben Tre province attract consumers. (Photo: vnbusiness.vn) Hanoi (VNS/VNA) - After the Lunar New Year holiday, many cooperatives, especially those in the food and beverage (F&B) sector, have accelerated their production to fulfil domestic and export orders. Ly Hong Tien, Director of Hau Giang Xanh Cooperative in Hau Giang province, told vnbusiness.vn that thanks to the links her cooperative has established with distributors, it was completing many orders of processed that lat fish to serve local demand and that for exports. According to experts, though economic difficulties would continue in 2023, there remained untapped business opportunities for small firms and cooperatives in the F&B industry. Experts said that when an economy was unstable, investors intended to return to industries with high demand as the F&B sector is an essential industry. A recent report by iPOS.vn said that Vietnam had around 338,600 … [Read more...] about F&B cooperatives seize new opportunities amid economic difficulties
What to do with ChatGPT
I wanted to address my staff on the first working day after the Tet holidays, but instead of writing a speech by myself, I asked ChatGPT to do it by using three keywords: "optimism," "speed" and "resilience." It finished the speech in 15 seconds. It was terrific though I had to edit it a little bit. The AI tool knew how to express my ideas logically based on the keywords I provided. The speech expressed the foundation, the connection between these keywords, and the central point. Moreover, the structure of the speech was excellent, making a reference to the current economic situation and highlighting the key points and conclusions. The writing was coherent, and the wording is suitable for business executives and consultants. ChatGPT by U.S. startup OpenAI is estimated to have reached 100 million active users in January, just two months after launch, making it the fastest-growing consumer app in history, according to a study released on February 1 by analytics firm UBS. This … [Read more...] about What to do with ChatGPT
Artificial intelligence programs can’t replace human: Experts
With limited data resources and reliance on the will of programmers, AI-powered applications such as ChatGPT can give incorrect answers to user queries. Vietnamese technology experts said the possibility of AI-based applications such as ChatGPT being able to replace humans in performing professional tasks is not on the horizon in the near future. The AI-powered app ChatGPT launched by US-based tech developer OpenAI has received some 100 million users. Photo: AFP/VNA Launched in late November 2022 by the US-based tech firm OpenAI, the popular artificial intelligence chatbot has reached more than 100 million users in the last two months (as of January-end). The AI-powered program has answered millions of questions, and the texts it generated have almost surprised everyone. The chatbot has been asked to write poems and media articles, do the math, resolve logical topics, and even mentor people in dealing with their life problems. For … [Read more...] about Artificial intelligence programs can’t replace human: Experts