Consulting digital transformation

Prime Minister Pham Minh Chinh (center) speaks at the event. (Photo: VNA) Addressing the event that gathered more than 130,700 delegates nationwide, Chinh, also Chairman of the National Steering Committee on Digital Transformation, said the project aims to organise public services to serve the people through a digital environment. The Government leader stated the difficult and far-reaching work requires great concentration, determination, and efforts coupled with drastic actions. As heard at the function, the Government has so far held 16 meetings, issued one decree, one dispatch, and seven notifications, with four resolutions of its regular meetings involving directions on the project. At the event (Photo: VNA) As per Project 06, within this year, the old and new versions of citizen IDs will be integrated, enabling the e-identification of all citizens. The connection and sharing of data between the national population and tax databases are expected to complete in the … [Read more...] about PM chairs conference reviewing digital population data project

Illustrative image (Photo: VNA) Hanoi (VNA) - Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”. In its bi-annual report, the lender said: “Vietnam needs a workforce with 21st century skills to grow. As the economy moves from being driven by low skill and low wage jobs in manufacturing and services towards a more innovation driven growth model built on higher value-added industries and services, Vietnam ’s workforce will need to attain higher level and more relevant skills.” The Vietnamese Government’s Socio-economic Development Strategy for 2021-2030 says as much, aiming to use scientific, technological, innovative, and digitally transformative knowledge and build quality human resources as key drivers of higher productivity and future economic growth. To achieve these goals, Vietnam needs to reform its education system … [Read more...] about Vietnam needs skilled workforce to become upper-middle-income economy by 2035: WB

Travel businesses will concentrate on niche markets rather than traditional markets such as South Korea or Japan. Vietnam’s travel businesses should turn to less explored markets such as Mongolia, India, the Middle East and South America to restore and develop inbound tourism in Vietnam. Local travel businesses attend the event. Photo: baocongthuong This is one of the suggestions given by Nguyen Anh Tuan, Director of the Institute for Tourism Development Research at the 2022 National Travel Forum with the theme “Solutions to restore and develop inbound tourism in Vietnam” on August 8 in Ho Chi Minh City. Tuan pointed out some international tourism trends in Vietnam in the new context, in which travel businesses need to pay more attention to the niche markets. Being of the same mind, Nguyen Thien Phuc, Director of Product Research & Development at Vidotour Indochina Travel, said in the context that traditional markets have not recovered, especially the … [Read more...] about Vietnamese tourism looks at niche markets

According to Hanoi-based VNDIRECT Securities JSC, the following five sectors deserve investors’ attention in the second half of this year. As Vietnam reopened the tourism industry in mid-March, the demand for food, accommodation, travel, and entertainment has rebounded. The stock firm views businesses operating in aviation, food and accommodation provision, and travel and entertainment services like ACV or AST with upbeat prospects. High export growth pins investors’ expectations on export-oriented sectors Second is the group of businesses beneficial amid a higher interest rate environment, including banks, insurance firms and those keeping huge available cash volumes like FPT, GAS, MBB, VPB, and TCB, among others. The third is the group of milk and food makers like VNM or MCH which can expect high growth prospects when the price of their relevant input materials such as full-cream milk powder, corn, and sugar is expected to be abated. Fourth is the group of … [Read more...] about Weighing ticker appeal for remainder of 2022