Vietnam is one of the four countries from which Finland is aiming to attract high-skilled personnel through a talent-seeking program that has been introduced in Ho Chi Minh City. The Commercial Section of the Finnish Embassy in Vietnam held a conference on Tuesday in Ho Chi Minh City to debut the Talent Boost program, which helps seek high-quality human resources from Vietnam, as well as from Brazil, Turkey, and India. The program was presented by a Finnish delegation involved in education and work, including Laura Lindeman, senior director and head of work in the Finland Unit at Business Finland, a government organization for innovation funding and trade, travel and investment promotion. Under the program, Finland attracts talents from students to professionals such as doctors, nurses, information technology and clean engineers, and start-up entrepreneurs, Lindeman said. Those who are professionals will undergo procedures for diploma recognition, which will take about a year, … [Read more...] about Finland aims to attract high-quality human resources from Vietnam
Vietnam life cybersecurity firms on the rise in vietnam
Vietnam’s Dien Bien to close airport for 8-month expansion project
Vietnam's Ministry of Transport has issued a decision to temporarily shut Dien Bien Airport in the namesake northern upland province for eight months for an upgrade and expansion, starting from mid-April. The airport, located in Thanh Truong Ward in Dien Bien Phu City, will be closed from April 15 to December 17 this year. The current Dien Bien Airport was restored from Muong Thanh Airport, which was constructed by the French. The airport has a runway which is 1,830 meters in length and 30 meters in width, three aprons, and a passenger terminal that was built in 2004 and has an annual capacity of 300,000 passengers. Due to the short runway and simple landing systems, Dien Bien Airport only serves ATR 72 turboprops and Embraer 190 jets, which can transport a maximum 114 passengers. The Dien Bien Airport expansion project is aimed at making it capable of handling modern Airbus A320 and A321 aircraft and the equivalent airliners. VASCO, a subsidiary of national flag carrier … [Read more...] about Vietnam’s Dien Bien to close airport for 8-month expansion project
Two children die following suspected dog bite in north-central Vietnam
Two children from Nghe An Province, north-central Vietnam have died following suspected dog bites. Nghe An Obstetrics and Pediatrics Hospital confirmed on Wednesday it had recently received two young patients in critical conditions. Doctors believed that the patients had been bitten by dogs and were infected with rabies. In the first case, three-year-old L.B.T. showed symptoms, such as vomiting and convulsions, before his family took him to a district hospital for examination. T. was then transferred to Nghe An Obstetrics and Pediatrics Hospital for emergency treatment, with symptoms including respiratory failure, prolonged convulsions, profuse sputum secretion, and dread of wind and water. Family members said T. often played with dogs and cats, and that a dog raised by the family recently died of unknown causes. Doctors diagnosed T. with rabies. Despite the treatment, the young boy eventually passed away. The second patient, nine-year-old V.Q.H., also contracted … [Read more...] about Two children die following suspected dog bite in north-central Vietnam
Steel price rises despite falling demand
Illustrative image. (Photo: VNA) Hanoi (VNA) – The price of construction steel is on the rise despite the fact that the demand for this type of construction material remains weak, insiders have said. Nguyen Van Sua, a steel industry expert, said that this year the steel price may not reach its peak as in 2022, but it is on the rise because the actual demand is not high. Hoang Cuong, an iron and steel dealer on Tam Trinh Street, Hanoi’s Hoang Mai district, said since the beginning of this year, steel price s have increased 7 times, with a total increase of about 1.2 million VND per tonne. A representative of a steel firm said that the demand for real estate is low while the cost of input materials remains high, thus, the selling price is raised to reduce losses. VNA … [Read more...] about Steel price rises despite falling demand
Textile, garment firms switching to green production
A garment factory in Vietnam (Photo: VNA) Hanoi (VNA) – Textile and garment businesses in Vietnam are taking steps to switch to green production to meet partners’ demand and achieve sustainable development, the Cong Thuong (Industry & Trade) newspaper reported. Greening textile and garment production chains is currently a global trend that are compulsory for businesses to achieve sustainability. It is also a requirement placed on manufacturers as the EU, which imports over 4 billion USD worth of textiles and garments from Vietnam annually, has proposed the imposition of some eco-regulations on imports. Major fashion brands in the world are also prioritising green enterprises to place their orders or requesting suppliers to adopt green practices. Facing challenges and strict requirements from the market, many Vietnamese businesses are making changes towards green manufacturing, including upgrading factories and using recycled fabric and green energy. Among … [Read more...] about Textile, garment firms switching to green production
AeroExpo Hanoi & Vietnam Aviation Forum opens
Delegates cut ribbon to open AeroExpo Hanoi & Vietnam Aviation Forum 2023 (Photo: VNA) Hanoi (VNA) – Fifty foreign businesses and many major airlines in the world are participating in the AeroExpo Hanoi & Vietnam Aviation Forum 2023, which opened in the Vietnamese capital city on March 21. The three-day event is jointly held by the Hanoi Department of Industry and Trade and France’s Advanced Business Events (ABE) company. Acting director of the department Tran Thi Phuong Lan said that the expo is a chance to connect more than 160 business partners in order to develop the aviation industry of Hanoi city, and speed up the restructuring process of industries associated with digital transformation. It also gathers a large number of prestigious experts, speakers, and leaders of aviation firms, airlines and producers from inside and outside the country who come to exchange and share new development opportunities and new initiatives to serve the development of the sector. … [Read more...] about AeroExpo Hanoi & Vietnam Aviation Forum opens
Minister hopes U.S. becomes biggest investor in Vietnam
He made the remark at a meeting with a business delegation of the U.S. - ASEAN Business Council (USABC) in Hanoi on March 21. Highlighting the two countries’ comprehensive and fruitful relations, Minister Dung said the U.S. is currently the second largest trading partner and one of the leading export markets of Vietnam. It is also an important ODA provider and the 11th biggest among the 142 countries and territories investing in the Southeast Asian nation. Vietnam highly values the fruitful investment and business activities of U.S. investors and hopes they will maintain their trust and expand investment, trade, and development cooperation in the country, he noted. The official was of the view that there is huge cooperation potential in the fields of green growth, digital economy, science - technology development, and innovation, adding that Vietnam encourages and prioritizes quality and focus-driven foreign direct investment. The country is also implementing policies to help … [Read more...] about Minister hopes U.S. becomes biggest investor in Vietnam
Vietnam to develop policies to adapt to global minimum tax
Panasonic Life Solutions Vietnam in Vietnam - Singapore Industrial Park, Binh Duong province. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment. The move comes amid concerns that this measure might undermine the competitive advantage of developing countries in attracting foreign investment through offering tax incentives. The global minimum tax was Pillar Two of the Organisation for Economic Co-operation Development ( OECD )’s base erosion and profit-shifting (BEPS) framework. To date, the solution drew the participation of over 140 countries and jurisdictions, including Vietnam, which aimed to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate through the establishment of a global minimum effective corporate tax rate of 15% for those with annual revenue of 750 million euros, starting from … [Read more...] about Vietnam to develop policies to adapt to global minimum tax
Vietnamese female boxer through to world championship’s quarterfinals
Vietnamese boxer Nguyen Thi Tam beat Botswana athlete Modukanele Lethabo Bokamoso in the Round of 16 of the 2023 IBA Women’s World Boxing Championship in India on Tuesday to advance to the quarterfinals. With a height advantage, Tam showed a preemptive strategy. She scored an almost absolute point in each of the first two rounds of Tuesday’s showdown. In the third round, Lethabo Bokamoso appeared to be physically weaker and even kissed the canvas once. In the end, Tam won 5-0, including four rounds with absolute points of 30. Her opponent in the quarterfinals is Spain’s Fuertes Fernandez Laura, who ranked ninth in Europe in 2022. The fight will take place at 7:30 pm on Wednesday (Vietnam time). Before Tuesday’s match, Tam had left a great impression on the audience and participants at the championship after her 5-0 victory over Kazakhstani opponent Kyzaibay Nazym, who won the world championship in 2014 and 2016 and was also crowned the Asian champion in 2021. … [Read more...] about Vietnamese female boxer through to world championship’s quarterfinals
Ho Chi Minh City household raising 82 dogs fined for causing environmental pollution
A household in District 4, Ho Chi Minh City that breeds 82 dogs as pets in a 2.6m-wide house has been fined VND64 million (US$2,724) for causing environmental pollution. A representative of the People’s Committee of Ward 9 in District 4, where the family of Nguyen Thi My Thanh -- the owner of the dogs -- resides, confirmed the information to Tuoi Tre (Youth) newspaper on Tuesday. In particular, Thanh’s family was fined VND40 million ($1,698) for discharging wastewater which exceeds the criteria by over 10 times and VND24 million ($1,019) for releasing wastewater with a pH level above the permitted. The household was also asked to take measures to deal with the environmental pollution and pay measurement and sample analysis fees. According to the representative of the People’s Committee of Ward 9, most of the 82 dogs are puppies and sick canines that other people brought to Thanh’s house. Local residents have repeatedly complained that Thanh dumped the dogs’ excrement … [Read more...] about Ho Chi Minh City household raising 82 dogs fined for causing environmental pollution