Small business manager resume

Hong Sun, chairman of the Korea Chamber of Business in Vietnam (KOCHAM), told the Vietnam Business Forum 2023 on Sunday that many South Korean businesses find that it usually takes two to three months to acquire work permits for their foreign staff. And in some cases, the process can take up to six months as additional paperwork is sometimes required, he added. KOCHAM proposed that the authorities provide businesses with a consistent and precise guideline on requesting work permits. The chamber also suggested that the Vietnamese government give graduates of the one-year K-Move School program expert work permits. Sun added that the K-Move School program is run by the South Korean government and that its graduates are highly qualified. He said that they can be considered experts and are even qualified to be the CEO of a business, and therefore they should be able to receive expert work permits in Vietnam. Gabor Fluit, chairman of the European Chamber of Commerce in Vietnam … [Read more...] about Foreign businesses want work permit procedures simplified

Representatives of three clam breeding co-operatives in Tra Vinh province receive Aquaculture Stewardship Council (ASC) certification for their bivalve molluscs. (Photo: VNA) Tra Vinh (VNS/VNA) - Three clam farming cooperative s in the Mekong Delta of Tra Vinh with a total area of 433ha have been awarded the Aquaculture Stewardship Council quality certification. They are the Thanh Cong Cooperative in Cau Ngang district’s My Long Nam commune, Tien Thanh Clam Cooperative in Chau Thanh district’s Long Hoa commune and Long Thanh Agriculture Cooperative also in Long Hoa. The province Department of Agriculture and Rural Development and the International Collaborating Centre for Aquaculture and Fisheries Sustainability (ICAFIS) held a ceremony to hand over the certificates to the cooperatives last week. Also at the ceremony, the Ben Tre Seafood Joint Stock Company and the Hung Truong Phat Aquamarine Product Joint Stock Company in Ben Tre province and the Lenger Seafoods Vietnam … [Read more...] about Tra Vinh clam breeding cooperatives receive ASC certificate

Vietnam’s national flag carrier Vietnam Airlines has resumed its regular flights linking Hanoi and Beijing after a three-year pause due to the COVID-19 pandemic. The airline’s flight VN513 departed from Beijing at 3:30 pm and landed in Hanoi at 5.55 pm on Sunday. Before the resumption of the Beijing-Hanoi flight, Vietnam Airlines held a welcoming ceremony for the passengers on board at Beijing International Airport, with the participation of Vietnam and China's competent agencies and enterprises and over 100 passengers. The air carrier is operating the Hanoi-Beijing air route with a frequency of three round-trip flights a week. The airline will start increasing its frequency from mid-2023, while planning to open an air route connecting with Beijing’s Daxing International Airport. China is one of Vietnam Airlines’ biggest international source markets. The air carrier has reopened most of its air routes linking Vietnam to China, said a representative of the airline. The … [Read more...] about Vietnam Airlines restarts air services between Hanoi and Beijing

The index closed 22.04 points lower after losing 2.26 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 5.21% to VND9.75 trillion ($413.44 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 28 tickers dropped. TPB of private TPBank led the fall with a 5.3% drop, followed by VCB of state-owned lender Vietcombank, down 4.4%. POW of electricity producer Petrovietnam Power Corporation lost 4.1% and SSI of leading brokerage SSI Securities Corporation closed 3.9% lower. PLX of fuel distributor Petrolimex and VPB of private lender VPBank stayed unchanged. Foreign investors were net sellers to the tune of VND346.24 billion, mainly selling HPG of steelmaker Hoa Phat Group and VIC of private conglomerate Vingroup. The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1.39% while the UPCoM-Index at the Unlisted Public Companies Market was down by 0.54%. … [Read more...] about VN-Index plunges with no blue chip in green

ADC Pharma in Can Tho Province. As the domestic pharmaceutical market holds a lot of potential, local producers are urged to improve their competitiveness for expansion. — VNA/VNS Photo Thanh Liem It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation. According to experts, this will help them expand their shares in the domestic market which remains being dominated by imported drugs and extend their international reach. Viet Nam’s pharmaceutical market has significant potential. The Ministry of Health estimated the market at US$6.9 billion in 2021 while BMI Research forecast the market to reach $16.1 billion in 2026 with a compound growth rate of up to 11 per cent. According to Nguyen Dieu Ha, general secretary and office chief of the Vietnam Pharmaceutical Companies Association (VNPCA), there are 55 foreign-invested pharmaceutical companies in Viet Nam as of the end of … [Read more...] about Pharmaceutical companies urged to invest in R&D, improve competitiveness

Lazada continues to offer new promotions to entice its customer base As one of the early e-commerce players in Vietnam, Lazada is at the forefront of technology to meet customers’ evolving demand. During the Birthday Sale Boom shopping festival in March, the company increased its investments in two new shopping channels, LazLook and LazBeauty, bringing a unique and sophisticated shopping experience to users. There are also myriad promotions for refunds and free shopping. At the same time, the Lazada Super Show virtual music festival has also been held. By integrating 360-degree AR technology, viewers were immersed in unique spaces at home. Meanwhile, the company also applies realistic AI and AR-powered Virtual Try-On to shoppers, enabling beauty lovers to instantly sample products with pictures or live videos of themselves before making a purchase. The moves are all part of attempts to be ahead of the e-commerce game in expectation of an explosion in growth. According to a … [Read more...] about Technology improvements at heart of Lazada’s legacy

According to a report given at the VBF by the Korean Chamber of Business in Vietnam (KoCham), many factories currently have dorms on their campus for their expat workers. However, a new regulation in Decree 35 asks foreign workers to live in specially built accommodation areas within IZs. In other words, according to the new rules, developers have to set aside specific land in the complex to build accommodation for their expat workers, instead of them living in dorms within the factory campus. Notably, the decree stipulates that accommodation facilities within the complex are to be built in the service area of the complex and at a safe distance in accordance with related laws. The company must ensure security and order and not affect the production and business activities of other enterprises in the industrial park. Pursuant to Decree No. 35/2022/ND-CP, Dong Nai Industrial Zones Management Authority has issued an official letter of implementation of regulations on the residence of … [Read more...] about KoCham raises foreign workers residence issue at VBF