Employers

Students in a Vietnamese language lesson at the Myeonmok High School (Photo: VNA) Seoul (VNA) – The Vietnamese language has since 2019 been taught at the Myeonmok High School in the Republic of Korea (RoK)’s Seoul capital, making this the first non-specialised school in the RoK to teach the language to high school students. Principal Song Hyun-seop said Vietnamese has been included in the school’s curriculum as a second foreign language since April 2019. Explaining this decision, he said Vietnam and the RoK enjoy many historical and cultural similarities, noting that the Ly clan from the Southeast Asian nation came to his country very early, forming the first foundation for bilateral connectivity. Over the last 30 years, Korean enterprises have poured huge investment into Vietnam, which has created a large Korean community in Vietnam. In return, there are also many Vietnamese people in the RoK. Therefore, the Vietnamese language skills have become highly useful, … [Read more...] about Vietnamese language included in Korean school’s career counseling for students

Nestlé Vietnam celebrates the fifth anniversary of its $115-million factory in Hung Yen The Nestlé Bong Sen factory – one of the company's most cutting-edge facilities – broke ground in 2016 and was put into operation in 2017. The factory boasts seven production lines with the total investment capital of $115 million. Key products manufactured at the factory include the Bear brand and MILO milk. The factory employs 300 permanent staff and 300 part-time workers. Ivo Sieber, Ambassador of Switzerland to Vietnam, lauded Nestlé for its investment in the cutting-edge production line to produce nutritious products. This underscores the company’s commitment to long-term investment in Hung Yen as well as its contribution to strengthening the ties between Switzerland and Vietnam. In 2021, Vietnam and Switzerland marked 50 years of establishing diplomatic relations with a series of events and meetings between senior leaders of the two countries. The growth of investment activities is a … [Read more...] about Nestlé Vietnam celebrates 5th anniversary of its $115-million factory in Hung Yen

Empowering women workers drives and sustains compliance, increases productivity and profitability, improves dialogue, health and education outcomes for workers and their families. Empowering women will help to build forward better Vietnam’s garment and footwear sectors from the Covid-19 crisis, according to the International Labour Organization (ILO). Female laborers are working at TNG Dong Hy factory. Photo: TNG The result was released after ILO carried out a flagship program - Better Work Vietnam, in which it has closely worked with its member factories to reduce risks of gender discrimination and developed guidelines with an emphasis on gender dimensions to support factories in handling suspensions, retrenchment, and occupational safety and health during the pandemic. The program has also given greater priority to gender equality in recognition of the disproportional impacts of the crisis on women’s health, care duties, and discrimination. In … [Read more...] about Better gender equality towards resilient future for Vietnam’s garment, footwear

Vietnam has risen in official pandemic recovery indices thanks to production continuity and vaccinations, Photo: Le Toan The International Monetary Fund (IMF) released in April its World Economic Outlook report, stating that global growth is projected to slow from an estimated 6.1 per cent in 2021 to 3.6 per cent in 2022 and 2023. This is 0.8 and 0.2 percentage points lower for 2022 and 2023 than projected in January. “Beyond 2023, global growth is forecast to decline to about 3.3 per cent over the medium term. War-induced commodity price increases and broadening price pressures have led to 2022 inflation projections of 5.7 per cent in advanced economies and 8.7 per cent in emerging market and developing economies - 1.8 and 2.8 percentage points higher than projected last January,” the report said. “Multilateral efforts to respond to the humanitarian crisis, prevent further economic fragmentation, maintain global liquidity, manage debt distress, tackle climate change, and end … [Read more...] about Measures put recovery on the front foot

Dragon Capital Vietnam and Talentnet Corporation enter into a strategic partnership to market a voluntary pension programme in the Vietnamese market. — VNS Photo Asset management company Dragon Capital Vietnam and Talentnet Corporation signed a strategic partnership agreement on May 18 under which the HR consultancy will market the former’s pension programme in the Vietnamese market. Launched in 2021 after eight years of research and development with assistance from international organisations such as the World Bank, the programme provides a solution for increasing employees' incomes after retirement and a new channel for businesses to retain talent. It offers employees a structure to regularly save from their monthly income for investing in voluntary pension funds. Combining employer and employee contributions, the funds will help increase retirement incomes to 70-75 per cent of the average income of the last five years of one’s working life in addition to pension from the … [Read more...] about Dragon Capital inks deal with Talentnet to market voluntary pension programme