Transformation jobs public sector

Illustrative photo (Source: moit.gov.vn) Hanoi (VNS/VNA) - Vietnam is targeting to control public debt below 60 percent of gross domestic product (GDP) by 2030 to ensure debt safety and national financial security. The goal was highlighted in the public debt strategy by 2030. Deputy Minister of Finance Ta Anh Tuan said at a two-day workshop held in Thanh Hoa province on June 21 that the public debt strategy issued on April 14 played an important role in the socio-economic development in the 2021-2030 period, which serves as an important basis for continuing sustainable and efficient public reform management and ensuring debt safety and national financial security. Under the strategy, public debt would not exceed 60 percent, government debt 50 percent and foreign debt 45 percent of GDP, and the amount for debt repayment would not exceed 25 percent of the total budget revenue. The strategy targeted that GDP would expand at an average of seven percent per year with … [Read more...] about Keeping public debt below 60 percent of GDP by 2030 targeted

Bac Giang's Public Administration Service Center (Photo: bacgiang.gov.vn) Bac Giang (VNA) – The northern province of Bac Giang is planning to focus on accelerating digital transformation and building an e-administration, a digital economy and a digital society, according to the provincial People’s Committee. The move aims to benefit both people and businesses, improve the effectiveness of local governance and boost socio-economic recovery. Priority will be given to healthcare, education, the environment and natural resources, industry and investment attraction, agriculture, transport and logistics, tourism, media, and the judiciary. The province plans to transform its traditional postal service into a digital era that is a critical part of infrastructure for the digital economy to push for an e-administration and a digital society. It will digitally transition telecommunications infrastructure with the aim of expanding 5G service coverage to all residential areas by … [Read more...] about Bac Giang accelerates digital transformation

The talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR reviewed the trends of digital transformation and automation in Vietnam’s manufacturing sector At the talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR , Seck Yee Chung, member of the Steering Committee of the Vietnam Business Forum's Digital Economy Working Group said, “Companies from different industries have to adapt to new technologies to compete and survive. However, adaptation is not an easy process. I suggest companies can focus on the four As, which include awareness, accessibility, adaptation, and advancement." Chung added, “One of the challenges right now is knowledge. There are so many technologies and so many new exciting opportunities. You see it but where do you start. That is the stage where you are required to assess your needs to see what is critical and who can help you. Small and big companies may struggle to deal … [Read more...] about A more connected manufacturing sector through smart applications

The business platform makes the digital transformation easier, faster, and more scalable. Siemens Xcelerator includes a curated portfolio of IoT-enabled hardware, software, and digital services of Siemens and certified third parties; a growing ecosystem of partners; and an evolving marketplace to facilitate interactions and transactions between customers, partners, and developers. “Siemens Xcelerator will make it easier than ever before for companies to navigate digital transformation – faster and at scale. By combining the real and the digital worlds across operational and information technology, we empower customers and partners to boost productivity, competitiveness, and scale-up innovations,” said Roland Busch, president and CEO of Siemens AG. "Our portfolio is transformed towards more open applications, with more cloud-based and as-a-service solutions and IoT-enabled hardware that can be constantly upgraded. At the same time, the collaboration will reach a new level with a … [Read more...] about Siemens launches flagship business platform to accelerate digital transformation

Supporting businesses According to Ho Chi Minh City’s Department of Planning and Investment, the city currently has more than 32,344 enterprises of different scales. The city plans to support more than 1,600 businesses in digital transformation as a transition to a large-scale transformation process in the city. Chairman of the Digital Transformation Alliance for Small and Medium Enterprises (DTS) Truong Gia Bao assessed that digital transformation in industrial production will help businesses maximize their revenue, reduce costs, improve product quality and increase flexibility. The Ho Chi Minh City Export Processing and Industrial Zones Authority Business Association (HBA), the BambuUP innovation platform and DTS recently launched the Digital Business Development Program - Go Digital - to support digital transformation and innovation in Ho Chi Minh City in 2022. Enterprises enhance digital transformation applications The program will help businesses select … [Read more...] about Ho Chi Minh City promotes digital transformation in businesses

The launching of “PB engage VN” mobile banking application marks an important milestone in Public Bank Vietnam’s digital transformation strategy to create an ecosystem of diverse services through the integration of technology and customer engagement. Public Bank Vietnam and VNPAY representatives at the launching ceremony During the event launch, Mr. Chee Keng Eng - General Director of Public Bank Vietnam said, “It is an inevitable trend that banking through mobile applications will fast become the most chosen method of performing banking transactions. The introduction of “PB engage VN” demonstrates Public Bank Vietnam's commitment to digital transformation and we expect the “PB engage VN” mobile banking application to fit in seamlessly into our customers’ usage with its easy to use features and variety of services.” The application is designed with a modern yet functional interface where services icons are easily located to facilitate users in their services … [Read more...] about Public Bank launches its Mobile banking application in Vietnam

President Nguyen Xuan Phuc (third from right) presents first-class Labour Order to Vinapharm (Photo: VNA) Hanoi (VNA) - President Nguyen Xuan Phuc commended the health care sector for its achievements over the past years and urged the Government and the health sector to take measures to quickly address the current crisis in the sector as many medical workers are leaving their jobs, and hospitals suffer from a shortage of medicine and medical supplies. The State leader attended a ceremony on June 28 to mark the 50th founding anniversary of Vietnam Pharmaceutical Corporation (Vinapharm), where he presented the first-class Labour Order to the corporation. health sector and Vinapharm to perfect mechanisms and policies, especially those related to finance, to improve the quality and efficiency of medical services; address the overloading at hospitals; expand the coverage of universal health insurance and health insurance payments; and better control medical costs. … [Read more...] about President hails health care sector’s achievements

Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment, speaks at the event. (Photo courtesy of JICA) HCM City (VNA) – Climate change has become one of the great challenges facing humanity, affecting all aspects of economy, politics, diplomacy as well as global security, Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment (MONRE), has said. He made the statement at a seminar on “Accelerating Business Engagement in the Pathway of Vietnam’s Nationally Determined Contributions and Net Zero Emissions” held in Ho Chi Minh City on June 30 by the Japan International Cooperation Agency (JICA) in cooperation with the Climate Change Department and the Vietnam Chamber of Commerce and Industry (VCCI). It aimed to share information and experience in greenhouse gas emission reduction between public agencies and the private sector while … [Read more...] about Seminar seeks to promote private sector’s engagement in greenhouse gas reduction

The main goal is for Hanoi to achieve the highest possible disbursement rate during the last six months of 2022, with the city continues focusing on addressing the concerns of districts and wards in public investment. Hanoi’s authorities identify the realization of the public investment target in 2022 as a key priority for socio-economic development, according to Director of the Hanoi’s Department of Planning and Investment Do Anh Tuan. A corner of Hanoi. Photo: Pham Hung/ The Hanoi Times In 2022, Hanoi allocated a total of over VND51 trillion (US$2.2 billion) in public investment, of which VND34 trillion ($1.46 billion) are for city-level projects and VND16 trillion ($688 million) for district-level ones. An estimate of VND10.2 trillion ($443.2 million) would be assigned to rural and urban districts for developing their respective infrastructure projects, including the construction of new schools, upgrading healthcare facilities, and preserving historical … [Read more...] about Hanoi identifies public investment central to economic recovery

The Saigon 2 Bridge (left) is built in the form of PPP. (Photo: SGGP) However, ever since the PPP Law took effect, this model has not attracted enough investors, although there is a lot of room for mobilizing social resources to invest in public projects. Rights not defined Under the PPP model the State and private investors jointly sign a contract to share benefits, risks, and responsibilities of construction of works or provision of public services. Both these entities are equal partners under the civil law in the project contract. However, the PPP Law does not clearly define the rights and obligations of each of these two entities. According to the PPP Law, the competent agencies specified in Clause 1 in Article 5 are the Ministry, the provincial People's Committee, and the agency established by the Government or the Prime Minister. These are state management agencies, but when they appear as partners, the mode of operation bears the imprint of public authority, leading … [Read more...] about Public-Private-Partnership model fails to draw investors