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Entering 2023, Microsoft and Google announced global lay-offs of 10,000 and 12,000 employees, respectively. IBM laid off nearly 4,000 members, while Spotify cut about 6 per cent of staff. Since November last year, Meta, Amazon, and HP have also adjusted thousands of positions. Tech lay-off wave continues to bite at Vietnam’s heels, Illustration photo/ Source: freepik.com In Southeast Asia, Shopee parent company Sea Group, Crypto.com, e-commerce platform JD.ID, and GoTo – a merger between ride-hailer Gojek and e-commerce platform Tokopedia – are among the companies that experienced a drastic staff cut in the past year. GoTo in November 2022 cut 1,300 jobs, equivalent to 12 per cent of the number of employees, while Sea Group let go of 7,000 employees in the past six months. Both companies cited a common cause being challenging macroeconomic conditions. Industry insiders in Vietnam are generally wary of the effect this laid-off wave might have on the domestic market. … [Read more...] about Tech lay-off wave continues to bite at Vietnam’s heels

Vietnamese start-up project Monkey Junior has received two international certificates, including kidSAFE Certified (KSP) and Mom’s Choice Awards® (MCA). The KSP is an independent safety certification service and seal-of-approval programme that is designed exclusively for children-friendly websites and technologies, including online game sites, educational services, virtual worlds, social networks, and mobile apps. Furthermore, the MCA evaluates products and services which have been created for children, families, and educators. The programme is globally recognised and is considered as the benchmark of excellence in family-friendly media, products, and services. The organisation is based in the United States and has reviewed thousands of entries from more than 60 countries worldwide. Monkey Junior was first developed by Dao Xuan Hoang who integrated multimedia content, including funny and exciting photos, videos, and audio, in order to help toddlers and kids learn … [Read more...] about English learning app receives two international certificates

The article wrote that since he was young, witnessing Vietnam being oppressed, poor and hungry, Nguyen Tat Thanh (President Ho Chi Minh) nurtured an aspiration to find a way to save his country and bring independence to the Vietnamese people. After a 30-year journey abroad searching for national salvation with revolutionary activities in 28 countries globally, he always held a strong belief and aspiration for national independence. In 1941, he returned to the country and directly led the Vietnamese revolution. From 1941 to 1945, he led the Vietnamese people through myriad difficulties to the great victory of the August Revolution in 1945. After the Democratic Republic of Vietnam was established, President Ho Chi Minh wished to make the country wealthy, bring freedom, well-being and happiness to the people, it stressed. In his Testament, President Ho Chi Minh expressed his final wish that “the entire Vietnamese Party and people stay united and build a peaceful, unified, … [Read more...] about Lao newspaper praises growth of Communist Party of Vietnam

Attending the 77th U.N. General Assembly (UNGA 77)’s plenary on Secretary-General António Guterres’s priorities in 2023, the UNGA 77 Vice President also called on the international community to join efforts to implement the sustainable development goals (SDGs), the 2030 Agenda and other global commitments and priorities, through respecting the U.N. Charter and international law. It is important to address conflicts by peaceful means, boost multilateral cooperation, strengthen financial support and reform of the international financial system, ensure resources for sustainable development, and pay more attention to climate change and justice, he emphasized. The diplomat also reaffirmed the country’s backing for the U.N. Secretary-General’s role and efforts, and its commitment to maintaining close collaboration with other U.N. member states. Guterres expressed his concerns about the complicatedly developing world situation, with multi-dimensional challenges from the lingering … [Read more...] about Vietnam reaffirms support for U.N. Secretary-General’s role, efforts

Rescuers in Turkey and Syria braved frigid weather, aftershocks and collapsing buildings Tuesday, as they dug for survivors buried by an earthquake that killed more than 5,000 people. Disaster agencies said several thousand buildings were flattened in cities across a vast border region -- pouring misery on an area already plagued by war, insurgency, refugee crises and a recent cholera outbreak. Through the night, survivors used their bare hands to pick over the twisted ruins of multi-storey apartment blocks -- trying to save family, friends and anyone else sleeping inside when the first massive 7.8-magnitude quake struck early Monday. "Where is my mum?" asked a distraught seven-year-old girl who was pulled -- her face, hair and pyjamas covered in dust -- from a collapsed building in Hatay, on the Turkish side of the border. Police officer Zekeriya Yildiz hugs his daughter after they saved her from the rubble in Hatay, southwest Turkey on February 6, 2023. Photo: … [Read more...] about Earthquake kills more than 5,000 in Turkey, Syria

ASEAN countries like Vietnam are not spared from the impact of climate change. Rapid economic development also means increasing demand for energy and power to meet the pace of growth, which leads to an increase in CO2 emissions. The journey to a cleaner future Takeshi Masuyama, Managing director, regional head of Vietnam, MUFG Bank, Ltd. The Vietnamese government has announced in various international forums its commitment to address environmental issues, and has firmed up its national net-zero target. In addition, the announcement of the Vietnam Just Energy Transition Partnership (JETP) in last December is another milestone and will further rally the private and public sectors towards accelerating the country’s green transition. MUFG is part of the working group convened by the Glasgow Financial Alliance for Net Zero (GFANZ) supporting the JETP initiative for Vietnam. The sustainability mission Since announcing our Carbon Neutrality Declaration in 2021, MUFG … [Read more...] about Committed to empowering a brighter future

Representatives of Vietnam’s Internet service providers on Tuesday said the NOC (Network Operation Center) system of international undersea cables announced that three undersea cables: the APG (Asia Pacific Gateway), the AAG (Asia, America Gateway) and the IA (Intra Asia) are expected to undergo reparation in either mid-March or early April, the Vietnam News Agency reported. The APG would see two segments being prepared, one from March 22 to March 27, and the other from April 5 to April 9. The AAG would be repaired from March 30 to April 4. The IA meanwhile is expected to be repaired in mid-March. Reparation schedule for the AAE-1 cable (Asia-Africa-Euro 1) has yet to be announced. Vietnam is currently connected with seven undersea cables: SMW3, AAG, IA, APG, AAE-1, SJC2 and ADC. The SJC2 and the ADC are yet to be officially operational, while the SMW3 cable is outdated and about to be decommissioned. It means Vietnam has five active undersea cables that connect it to the … [Read more...] about Three undersea Internet cables to be repaired from March

In a ceremony held on Tuesday by the Ministry of National Defence, seven additional military officers were officially dispatched on United Nations peacekeeping missions. Deputy Defence Minister Sen. Lt. Gen. Hoàng Xuân Chiến hands over the State President's decision on Vietnamese military peacekeepers. Among those officers, two will be sent to the United Nations Mission in South Sudan (UNMISS), four to the United Nations Interim Security Force for Abyei (UNISFA), and one will serve at the UN mission in Central Africa, replacing their predecessors who have completed their term. At the ceremony, four officials who successfully completed their tasks on UN peacekeeping missions were welcomed home. “Today, seven officers received the State President’s Decision and the Decision of the Ministry of Defence to go on duty at the United Nations Peacekeeping Mission in the Central African Republic, South Sudan and the Abyei Area,” said Major General Hoàng Kim … [Read more...] about Seven military officers join UN Peacekeeping Mission

Prime Minister Pham Minh Chinh's visit to Singapore aims to affirm both nations’ desire to take their economic connectivity to new heights in the context of a series of new-generation free trade agreements (FTAs) coming into effect and being implemented. Prime Minister Pham Minh Chinh (L) and his Singaporean counterpart Lee Hsien Loong PM Chinh, his spouse, and a high-ranking delegation of Vietnam will pay an official visit to Singapore from February 8 to 10 at the invitation Singaporean PM Lee Hsien Loong. The visit takes place amid the dynamic and strong development of the Vietnam - Singapore strategic partnership across multiple fields. This year will see the two countries celebrate the 50th anniversary of their diplomatic relations and the 10th anniversary of their strategic partnership. In 2022, the exchange of delegations and high-level meetings between the two countries was maintained both regularly and effectively. This saw a trip to Singapore by … [Read more...] about PM’s Singapore visit to take economic co-operation to new heights

Established last December between Vietnam and the International Partners Group (IPG), the Just Energy Transition Partnership (JETP) could facilitate Vietnam in achieving its goal of net-zero by 2050 and a future for green power. Chan Hong and Vi Nguyen, lawyers, Dentons LuatViet, Dentons Global Highlights of Vietnam JETP $15.5 billion to be mobilised An initial amount of at least $15.5 billion will be deployed over the next 3 to 5 years through a combination of financial instruments with the following breakdown: • IPG members will mobilise half of that total ($7.75 billion) through public sector financing, likely on more attractive terms than Vietnam could secure in the capital markets. • Glasgow Financial Alliance for Net Zero Working Group (GFANZ) members will work to mobilise and facilitate the other $7.75 billion through private financing, once the public sector financing has been secured by the IPG. JETP Resource Mobilisations Plan The initiative … [Read more...] about $15.5 billion in financing for green energy from Just Energy Transition Partnership