Viet Nam News NHA TRANG— Social security mechanism and regulations will have to be changed since the fourth industrial revolution and free movement of labour have led to new kinds of jobs and ways of working, Deputy Prime Minister Vũ Đức Đam has said. Speaking at the two-day 35th ASEAN Social Security Association (ASSA) Board Meeting that opened on Tuesday in Khánh Hòa Province’s Nha Trang City, he said employment has become less stable because more and more people do seasonal and short-term jobs. Việt Nam has 200,000 freelancers, the Deputy PM said. “With a computer and the internet, people can work online for companies in other countries without travelling there.” The rate of self-employment has increased, he said. These things require regulations, duties of employers and employees and co-ordination between relevant agencies relating to social security to be changed, Đam said. “The fourth industrial … [Read more...] about Social security needs to change ahead of the Industry 4.0
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Newcomers to Asia banking scene fight for survival
Newcomers to the broad Asia banking market are slugging it out in a fight for survival, facing a shrinking fee pool, fewer deals, and weak trading volumes. Some brokerage and advisory shops new to the group of regional players are pressing ahead with their Asia growth plans, undeterred by the tough economic climate and bent on using the broader industry struggles to their advantage. In the race to tap Asia's growth, however, other growth-minded firms are showing signs of fatigue, with one already out of the game and others expected to be casualties in a regional shake out. The survivors are likely to be those that are able to develop a niche. The rest risk being swamped in the sea of banks covering the booming, yet relatively small, region compared to the fees generated in the United States and Europe. For example, Petrochina and ICBC (1398.HK) each have more than 40 analysts covering their Hong Kong-traded shares. "There's no other food to be had elsewhere in the world," said … [Read more...] about Newcomers to Asia banking scene fight for survival
Why are foreign school graduates still unemployed?
VietNamNet Bridge - The majority of excellent graduates stay overseas after they finish studying. Most of the graduates returning to Vietnam after school are not good enough, and many of them pay to get jobs at state agencies, analysts say. In the past, foreign school graduates always had higher priority in employers’ lists of candidates thanks to their attractive CVs. However, employers tend to change their thoughts now. A labor expert, who has decades of experience in recruiting workers for finance and pharmacy groups, said foreign school graduates can be classified into two groups – the group of students who have ‘real study’ and the group of students who ‘study with money’. Employers, of course, prefer the first group of candidates. Most of them go abroad to study for a doctorate after studying and working in Vietnam. "Since they studied and worked in Vietnam before, they know what and how they should study. We like them because they have … [Read more...] about Why are foreign school graduates still unemployed?
Vietnam to select new coach for national football team
Just like magicians, Vietnam Football Federation continuously change their plans to find someone to replace coach Calisto: For the coach, the foreign ones has become the dosmetic ones…99 percent have been the foreigners!! The way VFF turn all the things over makes people think that they are just playing a game in order to explore public opinion. Why foreign coach?Until now, VFF still seems to be very private in their process of finding a new candidate who can replace the head coach position of Mr Calisto. Among tens of candidates that we have right now, people just can guess that VFF seems to prefer Peter Reid, David Booth, Almeida or Gede for the best position. In short, VFF has not made their final decision yet and still wants to keep things in secret in order not to be bothered when negotiating with those "hard" guys. However, there is one thing that VFF is gradually making real: Bring out three Vietnamese candidates while mainly looking for a foreign coach to … [Read more...] about Vietnam to select new coach for national football team
Australia offers ‘best jobs in the world’
Australia's tourism industry on Tuesday resurrected its hugely popular "Best Jobs in the World" campaign, offering a chance to become a "Chief Funster", "Taste Master" or "Outback Adventurer". The marketing push is targeting the youth segment, which contributes Aus$12 billion (US$12.2 billion) annually in tourism spending and delivers nearly 1.6 million, or 26 percent, of Australia's international arrivals. It follows a similar campaign that attracted huge interest in 2009, won by Briton Ben Southall, who was paid to become caretaker on a picture-perfect island on the Great Barrier Reef for six months. This time six "best" jobs are on offer -- each in a different Australian state and each coming with a six-month salary package worth Aus$100,000. It is open to travellers aged between 18 and 30, with particular focus on international markets eligible for Australian working holiday visas including Britain, the United States, France, Hong Kong, Taiwan, South Korea and … [Read more...] about Australia offers ‘best jobs in the world’