Socio economic rights

Illustrative image. (Photo: SGGP) According to Mr. Nguyen Ngoc Dung, Chairman of Vietnam E-commerce Association (Vecom), in 2021, despite being heavily affected by the Covid-19 pandemic, Vietnam's e-commerce still maintained a good growth momentum with an increase of about 20 percent and a scale of $16 billion. Keeping the growth momentum, Vietnam is now one of the countries with the largest e-commerce market size in the region, besides Indonesia, Thailand, and Malaysia. Vietnam's internet economy in 2021 grew by 31 percent compared to 2020 and reached a scale of $21 billion. Of which, the online retail sector enlarged by 53 percent and touched a scale of $13 billion. There are two waves that have contributed to the steady development of e-commerce in Vietnam in 2020 and 2021 and will be the driving force for the next period. The first wave took place during the early stages of the Covid-19 pandemic in 2020, and the second one from June to September 2021, during the fourth … [Read more...] about Opportunities for e-commerce in Vietnam to boom

The Hanoi government will improve mechanisms and policies to encourage the participation of the private sector in the field of high-tech agriculture. Hanoi needs to remove two barriers of capital and land to attract businesses to invest in high-tech agriculture, according to local media. Applying high-tech in agriculture is inevitable for the capital city’s farming sector, especially in face of the Industrial Revolution 4.0 which has strong impacts on socio-economic life. In order to remove the agricultural development hindrance, the Hanoi government has implemented a number of solutions such as providing businesses, cooperatives, cooperative groups, farms, and households with money from the city's funds for processing and conservation of high-tech agricultural products. Tending hydroponic vegetables at Duc Phat High-tech Agricultural Cooperative (Thanh Tri district). Photo: Ba Hoat In particular, under the Hanoi Agricultural Sector’s restructuring plan … [Read more...] about Hanoi needs to remove barriers to develop high-tech agriculture

Vietnam ICT Summit 2017 is the platform for administrative agencies and IT enterprise community to discuss solutions and strategies with the objective of taking Vietnam to join the industrial revolution 4.0. On September 6, the first theme in the Vietnam ICT Summit 2017 of “Vietnam: Digital Transformation in Industry 4.0” has been discussed. In particular, the Deputy Prime Minister Vu Duc Dam has given the opening speech at the summit. As such, the Deputy Prime Minister stressed, industrial revolution is more and more influencing various aspects of socio-economic in the world, as well as in Vietnam. This is not only an opportunity for Vietnam to transform, but also poses a potential threat to the country. The Deputy Prime Minister Vu Duc Dam gave a speech at the summit. According to the Deputy Prime Minister, in 2017, the global innovation index (GII) of Vietnam has increased 12 places to the 47th rank, thanks to the significant contribution from IT … [Read more...] about Industrial revolution 4.0: Human resources are key

The recipients were selected from Vietnamese government officials, non-governmental organizations (NGOs), academic institutions, and private sectors. They will gain a world-class education and advance their knowledge and skills across a range of areas, including natural resource management, entrepreneurship, gender equality, disability inclusion and vocational education management. This year, the Australian Government has provided 10 more scholarships within the framework of the Mekong-Australia Partnership – a regional initiative by Australia to support Mekong countries with common challenges. The recipients will be educated on necessary skills to help Vietnam deal with emerging regional challenges. According to Australian Ambassador to Vietnam Robyn Mudie, the 55 Australia Awards Scholarship recipients will contribute to strengthening the Australia-Vietnam partnership and addressing regional and national challenges in the future. For the Vietnamese part, Dr. Nguyen Tien Dung, … [Read more...] about 55 Australia Awards Scholarship recipients ready to study in Australia

Many countries have recognized nuclear power as a clean type of energy with low greenhouse gas emissions after the 2021 United Nations Climate Change Conference (COP26), the National Assembly’s Economic Committee says in a report. Vietnam therefore should consider reviving its plans to develop nuclear energy to ensure energy security and independent economic development, it says. To make this happen, the Party should approve the move and the government should then consider restarting the Ninh Thuan Nuclear Power Project at an appropriate time. The National Assembly had shut down Vietnam’s first nuclear power project in 2016, saying the nation could not afford it then. By that time seven sub-projects had begun implementation with a total investment of over VND2.3 trillion ($99.01 million), and nearly 450 students and engineers were being trained by Russian and Japanese experts. The original plan was to have two multi-billion-dollar nuclear power plants in the central province … [Read more...] about Lawmakers call for nuclear energy revival, cite zero emissions target