in light of the government’s new economic development strategy, which will help improve the nation’s education and training system to meet the increasing demands on high-tech labour for the Fourth Industrial Revolution, CEO of Intek Institute Chinh Phan shares his insider view on the quality of the Vietnamese labour force today. Chinh Phan What is your opinion of the current status of technology education and training in Vietnam? The current education system as a whole in Vietnam is lagging behind and is unable to fulfil the demand at the speed required by Industry 4.0. Despite government efforts with the accreditation of more vocational training centres and other measures, the gap still exists. For example, in 2017, only 16 per cent of 700,000 IT graduates found a job in their area of specialisation, which is a waste. Education does not need a transformation, but a revolution. How would you rank the ability of the majority of Vietnamese IT graduates, and … [Read more...] about Fuelling up tomorrow’s high quality workers in IT
Taiwanese investors ramp up investment in Binh Duong
Taiwanese investors have been beefing up investment in the southern province of Binh Duong. Binh Duong People's Committee held a dialogue with Taiwanese investors According to Bui Minh Tri, director of Binh Duong Industrial Zones Management Board, Taiwanese industrial papermaker Cheng Loong Corp. will pour another $610 million into Cheng Loong Binh Duong Paper Co., Ltd. in Singapore Ascendas-Protrade Tech Park, making it the largest Taiwanese project in the locality so far. He further noted that Cheng Long will add another 16 hectares to its manufacturing site. It is likely that the expansion project will be green-lighted this year following the review of environment impact assessment by the Ministry of Natural Resources and Environment. Cheng Loong Binh Duong Paper was granted an investment certificate to develop a $1 billion paper mill in Binh Duong in 2015. Covering an area of 75ha, the mill is designed to produce one million tonnes of industrial paper and 50,000 tonnes of … [Read more...] about Taiwanese investors ramp up investment in Binh Duong
‘Angel Has Fallen’ rises to top of N.American box office
Scottish actor Gerard Butler arrives for the Los Angeles premiere of "Angel Has Fallen" at the Regency Village theatre on August 20, 2019 in Westwood, California -- the film rocketed to to the top of the North American box office in its debut. — AFP Photo LOS ANGELES — Lionsgate's new action-packed political thriller Angel Has Fallen debuted atop the North American box office with an estimated US$21.3 million in ticket sales, industry watcher Exhibitor Relations reported Sunday. Angel, which stars Gerard Butler playing a Secret Service agent wrongly accused of trying to kill the president (Morgan Freeman), is the third film in the franchise. It also stars Nick Nolte, Piper Perabo and Jada Pinkett Smith. Last weekend's leader, Universal's raunchy tween comedy Good Boys, slipped to $11 million but managed to hold onto second spot on a sleepy late-summer weekend. In third place was another new release, Sony's Overcomer, a Christian-themed movie about a former … [Read more...] about ‘Angel Has Fallen’ rises to top of N.American box office
ACV may become investor of Dien Bien Phu Airport
Airports Corporation of Vietnam (ACV) may overcome Vietjet to become the investor of the expansion project of Dien Bien Phu Airport. ACV is submitting a rival bid to Vietjet to expand Dien Bien Phu Airport According to a recent document published by the Ministry of Transport (MoT), Minister Nguyen Van The asked the Committee for Management of State Capital (CMSC) to assign ACV to submit a detailed expansion plan for Dien Bien Phu Airport. ACV has to complete the procedures for the implementation of the expanded airport to submit the relevant paperwork to authorities for approval, while at the same time, the MoT will propose the prime minister to assign ACV to develop the project after collecting the opinion of Dien Bien People’s Committee and CMSC. “ACV will have to co-operate with the Vietnam Aviation Department and other authorities to build a comprehensive plan for the project with the expectation to start construction by the end of 2020,” the document … [Read more...] about ACV may become investor of Dien Bien Phu Airport
Streamlining for the next industrial age
The consumers of today are well-connected and well-informed. They are expecting more than just a standard, one-size-fits-all product from brands, but rather an individualised product tailored to their needs. They look for an entirely different experience throughout the engagement when buying products and services from brands. Josephin Galla, managing director of SAP Vietnam That puts businesses in a dilemma because the industry today may not yet be ready to meet the new emerging demands. Many industries are still in the assembly line production mode. There are serious challenges such as real-time supply chain, agility, product innovations, and manufacturing models to be in place to meet the new demands more effectively. Industry 4.0 is quickly shifting manufacturing from isolated, optimised cells of business processes, systems, and resources to fully integrated processes across borders within a value chain of an industry. This opens up lot of possibilities for innovation and … [Read more...] about Streamlining for the next industrial age