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As many as 95 percent of workers in Vietnam’s northern region have returned to work following the 2023 Tet Lunar New Year holiday. This year, many businesses allowed their staff to stay at home on the Friday of the holiday week, so they officially resumed operations on January 30. In Hanoi, by January 27/1, 83 percent of companies that resumed operations after Tet reported around 94.67 percent of their staff had come back to work. As many as 95 percent of workers in Vietnam’s northern region have returned to work following the Tet Lunar New Year holiday According to the Trade Union of Hanoi Industrial Parks and Export Processing Zones, no strikes happened after Tet in the locality. By January 30, 99.6 percent of employees at businesses in the northern province of Bac Ninh’s industrial parks had returned to work. People who have not yet returned to work may well be seeking other jobs. All of the 175,000 workers employed in 403 companies in the northern … [Read more...] about 95% of workers in northern region return to work after Tet

Illustrative image (Photo: Internet) Jakarta (VNA) – Indonesia and Malaysia have discussed solutions to problems related to the protection of Indonesian migrant workers in Malaysia. At a meeting in Jakarta on January 30 between Indonesian Minister of Manpower Ida Fauziyah and Malaysian Minister of Home Affairs Saifuddin Nasution, the two sides signed a Memorandum of Understanding on deploying and protecting Indonesian migrant workers in Malaysia which was the result of two meetings between their joint working groups. They also discussed matters related to the alignment of Malaysia's new policy regarding the Foreign Worker Employment Relaxation Plan. The two ministers also agreed to facilitate employment cooperation to boost their mutually-beneficial ties./. VNA … [Read more...] about Indonesia, Malaysia discuss migrant worker issues

Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh outlined main tasks to improve the material and spiritual life of labourers at a meeting on coordination between the Government and the Vietnam General Confederation of Labour (VGCL) in Hanoi on February 1. The ministries of planning and investment; industry and trade; foreign affairs; and labour, invalids and social affairs should coordinate with the VGCL in boosting production and business, expanding the market, creating more jobs for labourers, and improving their skills, the Government leader said. He asked the ministries of construction, natural resources and environment and finance to work together with the confederation in handling issues relating to housing for labourers. The VGCL should coordinate with the ministries of culture, sports and tourism; health; and education and training in building cultural, educational and health care establishments … [Read more...] about PM speaks of major tasks to raise labourers’ material, spiritual life

The ministries of planning and investment; industry and trade; foreign affairs; and labor, invalids and social affairs should coordinate with the VGCL in boosting production and business, expanding the market, creating more jobs for laborers, and improving their skills, the government leader said. He asked the ministries of construction, natural resources and environment and finance to work together with the confederation in handling issues relating to housing for laborers. The VGCL should coordinate with the ministries of culture, sports and tourism; health; and education and training in building cultural, educational and health care establishments in service of laborers, according to the Prime Minister. Specific coordination plans need to be sketched out within this month, he stressed, and mentioned tasks for ministries, agencies and localities regarding institutions for workers at industrial and processing zones, especially those on housing, incentives for fishermen, insurance … [Read more...] about Prime Minister speaks of major tasks to raise laborers’ material, spiritual life

Le Trung Kien, Head of Hai Phong Economic Zone Management Board presents gifts to representatives of Nomura-Haiphong Industrial Zone Development Corporation (investor of Nomura Hai Phong Industrial Park) (Photo: VNA) Hai Phong (VNA) – Hai Phong will always accompany with and create optimal conditions for investors, vowed Nguyen Trung Kien, head of the Economic Zone Management Board of the northern port city, during a meeting with foreign-invested businesses in the city on January 31. Kien thanked the firms for choosing Hai Phong as their long-term investment destination, expressing his hope that the partnership between the two sides will continue to be strengthened, benefiting both sides. He said that 2023 is predicted to be a tough year, but local authorities will support and give best conditions for businesses to overcome common difficulties of the world economy. In following years, Hai Phong will continue to expand industrial parks and clusters, while improving … [Read more...] about Hai Phong pledges optimal conditions for investors

Illustrative photo (Source: VNA) Tien Giang (VNA) – The Mekong Delta province of Tien Giang will exploit more than 124,000 tonnes of seafood of all kinds in 2023. According to Director of the provincial Department of Agriculture and Rural Development Nguyen Van Man, the tapping of maritime potential will be associated with a series of drastic measures against illegal, unreported and unregulated ( IUU ) fishing. These measures include tight vessel management, strict punishment of related violations, communications activities to raise public awareness on the matter, better investment in fishery infrastructure, and the implementation of policies for improving fishermen’s livelihoods, among others. In 2022, the province’s seafood output topped 361,000 tonnes, exceeding the yearly target by nearly 26%. Of the amount, the yield from farming neared 221,000 tonnes, with the rest coming from offshore fishing and exploitation activities. The coastal locality’s fleet of … [Read more...] about Tien Giang plans to exploit over 124,000 tonnes of seafood this year

Illustrative photo (Source: VNA) Hanoi (VNS/VNA) – Vietnam’s textile, garment and footwear sectors aim to achieve a total export value of 77-80 billion USD in 2025 and 106-108 billion USD in 2030, according to the strategy for the development of Vietnam’s textile and footwear industry. Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy. The sectors will continue to promote investment in the production of materials and auxiliary materials, as well as supporting industries. They will encourage the production of fabrics from domestically produced yarn to reduce imports, and form a complete supply and value chain in the region. For the leather and footwear industry, Nguyen Duc Thuan, Chairman of Lefaso, said domestic enterprises need to actively adapt to the requirements of the market and brands on sustainable development standards for products. They … [Read more...] about Garment, footwear exports aim to reach 80 bln USD by 2025

Illustrative image (Photo: AFP) Hanoi (VNS/VNA) - Climate change is one of the world’s biggest threats, and reducing emissions is the priority for all countries in the world and the lodestar for investment trends. Warmer temperatures are altering weather phenomena and disrupting the balance of nature, directly affecting human activities. The devastation caused by extreme weather disasters like typhoons, floods, and heat waves is worsening in many nations. And the economic damage caused by climate change is also increasing in line with global temperatures. Major storms destroy crops, costing billions of dollars, while rebuilding after each storm and flood requires a huge amount of money. The more extreme the climate, the more it damages economies. It is a positive sign that many countries have joined the fight for net zero emissions by 2050. Many people worry that it is unrealistic given the standard pace we have already set. However, an expert in the industry believes … [Read more...] about Financing’s role in reaching net-zero emissions

Worker inspects mineral ore processing at a copper mine operated by Freeport Indonesia in Mimika, Papua (Photo source: ANTARA) Jakarta – Indonesian president Joko Widodo said his government will soon consider halting the export of unprocessed copper ores to encourage domestic processing of raw materials in the country’s industrialisation push, following a similar policy on nickel and bauxite Speaking at Mandiri Investment Forum 2023, the president announced a ban on all bauxite exports starting in June 2023 under the downstream industry policy, following a similar move on nickel ore exports. After nickel ore exports were banned several years ago to force the opening of processing plants in Indonesia, the value of nickel export recorded a 30-fold increase from 1 billion USD to 30-33 billion USD in 2022. The policy was sued by the European Union (EU) to the World Trade Organization (WTO) and Indonesia was announced to lose the lawsuit. By VNA … [Read more...] about Indonesia plans to ban copper exports in 2023

Minister of State Apparatus Empowerment and Bureaucratic Reform, Abdullah Azwar Anas and the Australian Public Service Commission (APSC) at the MoU signing ceremony in Jakarta on January 31, 2023. (Photo: ANTARA) Jakarta (VNA) – Indonesian State Apparatus Empowerment and Bureaucratic Reform Ministry and Australian Public Service Commission (APSC) on January 31 signed a memorandum of understanding on continued cooperation in capacity-building and management of state civil apparatus (ASN). The two agencies first signed a cooperation programme in 2013. It was extended in 2018 and ended in 2021. Meanwhile, the collaboration forged in 2023 will end in 2026. Speaking at the signing ceremony, Indonesian Minister of State Apparatus Empowerment and Bureaucratic Reform Abdullah Azwar Anas said that digital-based governance is the country’s priority at the moment. Azwar said that the cooperation presents a platform for sharing knowledge and experiences for Indonesia and Australia … [Read more...] about Indonesia, Australia continue cooperation in capacity-building, management for State employees