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/ March 5, 2021

Irregularities force Vietnamese laborers to bear brunt of working abroad

According to the Government Inspectorate, the Ministry of Labor, Invalids and Social Affairs has yet to pay due attention to the legitimate rights and interests of people employed abroad and come up with suitable measures to help reduce worker costs. "For a long period of time, the ministry has not been able to manage or control official and brokerage fees of businesses running the service, which had caused workers (who in fact are all poor) to pay a large amount of money even when the policy of receiving markets (Japan and Taiwan) does not require them to pay." The conclusion of the inspectorate was announced at a Thursday meeting by its deputy head Tran Ngoc Liem. Government inspectors had looked into what had been achieved and what had been done wrong in sending workers abroad under contracts from six provinces in northern and central regions, including Vinh Phuc, Phu Tho, Hai Duong, Hung Yen, Nghe An and Ha Tinh, in the 2013-2018 period. They pointed out fee regulations applied to Vietnamese workers in Japan are not in line with Japanese policies or the agreement signed between the two countries, which had affected laborers. Due to the loose management of the ministry’s Overseas Labor Management Department, workers had been made to pay a "very high fee of $7,000-8,000 per month," the inspectorate stated. In many cases, the high fee had forced many Vietnamese to remain abroad after their contracts and visas had expired to recover their costs, it noted. As for the six provinces, the inspectors said authorities there had also failed to fulfill their duties, while companies providing "study abroad" consultancies in fact feeded the foreign labor market. Inspectors also discovered laborers that had voluntarily, or through a broker, gone abroad to "travel, visit relatives or get married", then stayed behind to work illegally. In most cases, destinations include Japan, South Korea, Australia, Canada, Angola and Eastern European countries. In 2019, as …

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/ March 5, 2021

VIETNAM NEWS HEADLINES MARCH 5 (updated hourly)

Many elderly people join 2nd stage of Nano Covax vaccine trials A total of 367 volunteers, including 30 aged over 60, have been injected with Nano Covax, Vietnam’s first homegrown COVID-19 vaccine candidate, in the second phase of its human trials, according to the Military Medical University. The second stage has been conducted by the university and the Ho Chi Minh City-based Pasteur Institute since February 26. It has been carried out at the university in Hanoi and the medical centre of Ben Luc district in the southern province of Long An, with the participation of 560 volunteers aged from 12-75, including 80 aged over 60. They will receive two doses of either the vaccine or the placebo AIPO4, with an interval of 28 days. Each volunteer will be monitored for 12 months after the first dose. Volunteers receiving shots on the morning of February 26 will receive the second doses in late March. Lieutenant-General Do Quyet, Director of the Military Medical University, said since the trial sees the participation of volunteers with underlying health conditions, competent authorities have been prepared for all scenarios and ensure safety for all volunteers. Results of the trial will be announced in May 2021 before preparing for the third-stage trial during which only one single shot of the vaccine will be administered to 10,000-15,000 people from both domestic and foreign pandemic-hit regions, Quyet added. Developed by the Nanogen Pharmaceutical Biotechnology JSC and the Hanoi-based Military Medical University, Nano Covax is Vietnam’s first COVID-19 vaccine to reach the human trial stage. The first-stage trial of the Nano Covax vaccine showed that it is likely to be effective against the B117 variant from the UK. Vietnam is one of 40 countries and territories in the world to have begun human trials of a COVID-19 vaccine, after successfully producing coronavirus test kits early in the pandemic./. National university processes complaint of lecturers in …

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/ March 5, 2021

VIETNAM BUSINESS NEWS MARCH 5

Vietnamese and Japanese firms receive support to expand operations The Japan Trade Promotion Organisation (JETRO) will host an online scheme on March 3 in Hanoi aimed at connecting Japanese businesses in the field of manufacturing and production, known as Monozukuri in Japanese term to facilitate co-operation amid the negative impacts caused the COVID-19 pandemic. According to a representative from the JETRO, the business matching programme will see the participation of 40 Japanese companies for the purpose of accelerating the development of the country’s supporting industry. At present, the scheme has received registration for 50 negotiations from enterprises from Japan, Vietnam, and Taiwan (China), whilst it is still receiving registration from businesses wishing to purchase and seek Japanese suppliers in the Monozukuri field until March 1. A recent survey conducted by the JETRO unveiled that Japanese businesses remain keen on the Vietnamese market as the country is viewed as an alternative investment destinations for Japanese enterprises looking to move away from China due to the COVID-19 pandemic. The survey indicates that approximately half of Japanese enterprises in the nation plan to expand their production activities, while roughly 70% of them seek opportunities to increase revenue in the local market. Most notably, 46.8% of Japanese enterprises unveiled that they have initiated plans to expand their business in the nation over the course of the next two years, with the expansion rate ranking fourth, the highest in the Asia-Pacific region. Japanese enterprises have therefore attributed their expansion to an increase in revenue in the domestic market and high growth potential. Furthermore, Japanese firms are also considering re-establishing some supply chains which have been impacted by the COVID-19 pandemic, with Vietnam able to capture the attention of suppliers and buyers of materials globally. VN-Index finishes lower as …

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