VietNamNet Bridge - Many university lecturers, who study abroad on school funding, do not return after graduation. It is nearly impossible to recoup the training cost. “We draw up long-term personnel plans before sending our lecturers abroad. Therefore, if they don’t come back, we will lack lecturing staff,” he said. In general, the school sends a lecturer abroad to attend a training course for doctorates when it plans to appoint the lecturer as the dean of a faculty. If the lecturer doesn’t come back, the school will lack a dean and will have to adjust the staff planning. According to Luu Trang, rector of the Da Nang University of Education, while a lecturer is away for training course, the school will have to find another lecturer to undertake the official lecturer’s job for at least two to three years. Many university lecturers, who study abroad on school funding, do not return after graduation. It is nearly impossible to recoup the training cost. … [Read more...] about Universities lose money, staff when sending lecturers abroad
Sending money abroad
VietNamNet Bridge – Experts doubt that Vietnam can export specialists on a large scale, claiming they are not qualified to work in an international environment. Sending specialists abroad has become a hot topic these days, after local newspapers reported that Vietnam has sent farmers to neighboring countries, where they teach cultivation technique and help develop agricultural production. Vietnamese farmers have travelled to many countries where they have better income than at home. A labor expert said Vietnamese farmers are very skilled but cannot become well-off in Vietnam because of the problems in production. However, they are highly appreciated in other countries. In the 1980s, Vietnam also sent many local scientists and educators to African countries, where they worked in many different fields. So, why doesn’t Vietnam increase the export of its "intelligence" if this can bring benefits to both the specialists and the nation? Dr. Tran Xuan Hoai, former deputy … [Read more...] about Can Vietnam send specialists abroad?
Vietnamese guest workers help their families financially as well as make a significant contribution to the country's economy by remitting US$1.8 billion annually. But there are many social concerns that this migration raises. Is sending workers abroad a good way to improve the lives of the poor? How do they fare after returning home and what are the implications on families? A Canadian NGO collaborated with the Center for the Study of Women to do a study. The NGO, HealthBridge Canada, studied the impact of this phenomenon on family life in the northern province of Thai Binh. Thai Binh was one of the earliest to send workers abroad and still accounts for the most number of people working abroad. It sends 2,500-3,000 every year, most of them women, who sent remittances of US$45 million in 2003-05. With the families of guest workers generally thriving, farmers around the country are keen to go abroad to work. But, after returning home, many of them do not want to work on the … [Read more...] about Is sending workers abroad good for economy, society?
China said it cracked the nation’s biggest "underground bank," which handled 410 billion yuan ($64 billion) of illegal foreign-exchange transactions, as the authorities try to combat corruption and rein in capital outflows that have hit records this year. More than 370 people have been arrested or face lawsuits or other punishment in the case centered in eastern Zhejiang province, the official People’s Daily reported on Friday, citing police officials. The case brought the total for underground banking and money-laundering activities to 800 billion yuan since April, the newspaper said. The probe began in September last year and the police took almost a year to sort through more than 1.3 million suspicious transactions, the state-run Xinhua News Agency reported separately. The authorities froze more than 3,000 bank accounts, Xinhua said. Global flows The case highlights the nation’s struggle to control capital outflows that have helped to send real-estate prices … [Read more...] about China cracks $64 billion ‘underground bank’ moving money abroad
VietNamNet Bridge - Studying abroad is the dream of many young people. However, there are also those who study abroad because they are forced by their parents. Forcing children to study abroad as a good riddance Not only does he overspends his parents' money, Thien also upsets them with his bad behavior. At high school, fights, breaking the windows and cutting the trees in the school yard were his hobbies. He also spent his time swinging in a hammock, driving through red lights and taking part in illegal motorcycle races. Thien failed the university entrance exams three times, but it seemed that didn't care. Not being able to stand their spoilt son anymore, Thien's parents made him go study in Australia. He happily accepted because he knew that going abroad would mean he would be "free" from his parents. … [Read more...] about Parents warned about sending children abroad