The Hanoitimes - Up to 90% of Vietnamese students abroad pay full-fee for their studies even in the world’s most expensive countries. Vietnamese people spend billions of dollars on studying abroad each year, mostly in the developed countries such as the US, Australia, the UK, and Japan. Illustrative photo Up to 90% of Vietnamese students abroad pay full-fee for their studies even in the world’s most expensive countries aforementioned. As of 2017, the money which Vietnamese students paid for tuition in the US was more than US$1 billion, followed by Japan with US$990 million, US$914 million in Australia, and US$400 million in the UK. In the US, the number of Vietnamese students amounted to 31,389 as of end-2017. Annual average expenses for a student in the US are around US$36,564, according to the Student and Exchange Visitor Information System (SEVIS). In Japan, Vietnam ranks second in terms of overseas students with 61,671 in … [Read more...] about Vietnamese spend billions of dollars on overseas study
About brain drain
It was nearly 7 p.m. on September 26 when some divisions in HCMC Justice Department were still bright. Inside, leaders and staff were reading and handling documents. Work volume at the agency increased by 9-63 percent in the first half this year but a number of staff have quited. Deputy director of the agency Nguyen Thi Hong Hanh says that many quitters are qualified and well meet work requirements so their leave has affected the agency’s operation. Fourteen positions at the agency are vacant now. Human reource shortage has also raised difficulites for the court industry. Tribunal president of HCMC People’s Court Ung Thi Xuan Huong said that since 2016 the number of complex cases has kept moving up hitting 56,000 in 2016, 57,000 in 2017 and 49,000 in the first half this year. Some cases saw up to 70-80 defendants and 200 involved such as Pham Cong Danh case. The number of cases in HCMC accounts for one fourth of the country but the city has faced shortage of both judges … [Read more...] about Brain drain in government agencies public servants must work overtime
At HCMC Social Insurance Agency, average income approximates VND6-8 million a person a month despite huge work volume and heavy pressure. For the last three years, about 200 civil servants and officials have quitted. In 2017 alone, 47 people resigned their jobs, the number has reached 26 this year. Director of the agency Phan Van Men said that low wage and high work pressure forced many to quit. HCMC Department of Justice has applied many solutions but failed to prevent their employees from moving to other working places. Recently, a well performing female worker suddenly quitted. Both director of the agency and head of Organization Division have met and talked to convince her to stay. In the final, they gave up after understanding her situation in which a relative of her has been ill while her income was insufficient to cover treatment costs. So she decided to move to work for a non-state enterprise which pays much higher than the wage of the agency’s leader with seniority of … [Read more...] about Heavy workload, low wage cause brain drain in HCMC government agencies
Viet Nam News Stepping into the field of technology, Vingroup has not set out goals for their own development. Nguyễn Việt Quang, vice chairman and CEO of the group, emphasised that Vingroup’s biggest aspiration is to create a favourable ecosystem to nurture tech start-ups, thereby creating breakthroughs for Việt Nam and the business community. As the largest private enterprise in Việt Nam, Vingroup is developing very well with its current businesses. Why has the group entered a new field, in which it has little experience? Our slogan is ‘Forever entrepreneurial spirit’. With 25 years of development, Vingroup has never stopped. We chose to step into the field of Technology - Industry as this is not only the shortest path but also the best path to create breakthrough developments. Could you tell us more about Vingroup’s new investment orientation? Vingroup is striving to become an international Technology - Industry - Service group … [Read more...] about Vingroup to nurture tech start-ups
Trương Nguyện Thành. — Photo Hoa Sen University A professor at Hoa Sen University in HCM City who shot to fame when he taught a class on innovation wearing a pair of shorts has come up short at the hand of some bureaucrats’ rigid interpretation of regulations. The professor, also famous for encouraging students to think outside the box, was chosen to fill the vacant position of the university’s chancellor by its board of directors, but the municipal education department vetoed the move, citing a “lack of experience”. Dr. Trương Nguyện Thành has since decided to part ways with the university, returning to a position he held earlier in a prestigious school in the United States. The relevant rule being cited from the Law on Higher Education says that a candidate must hold a doctoral degree and have at least five years of experience in a management position, either as faculty dean or the head of a … [Read more...] about Do we want to reverse or advance our brain drain?