The working session between HCMC People’s Committee and VNu-HCMC. (Photo: SGGP) He then proposed that in the task of training high-level human resources for HCMC, the municipal authorities should introduce a suitable financial mechanism for VNU-HCMC to carry out strategies and projects to train international-level human resources in the fields of IT, AI, urban management. Director of VNU-HCMC Vu Hai Quan is delivering his speech in the meeting. (Photo: SGGP) VNU-HCMC hopes that HCMC would support its proposal to the Government and the Education & Training Ministry to establish the Health Science University and the Environment Technology University. VNU-HCMC also wishes for an appropriate mechanism by HCMC People’s Committee for it to lead certain practical research for city development, such as AI application, Agricultural and hi-tech foods, Infectious diseases. Lastly, the university wants the city or interested businesses to invest in construction a research … [Read more...] about HCMC cooperating with VNU-HCMC for sustainable development
Hcmc 1 year price target
Highest int’l school fee in HCMC to hit $32,500
HCMC is home to more than 20 schools that teach bilingual programs or programs of the U.K., U.S., Canada, and Australia. For the upcoming academic year, most schools have raised their tuition fee by VND15-40 million ($650-1,730) per year against the 2021-2022 school year. Among those that have announced enrollments, the school fees for kindergartens remain around VND100-300 million per year, elementary schools at VND150-500 million per year, and secondary-high schools at VND200-700 million per year. Depending on different schools, the listed fee could or not include funds for books, uniforms, insurance, and extracurricular activities. HCMC has around 2,300 schools, including 1,300 public schools, with the rest all private. Among the private schools, 900 are kindergartens, 100 inter-level schools that comprise classes from first to 12th grades, and more than 20 international schools. As for the tuition fee of public schools, the fee of secondary schools in the inner-city … [Read more...] about Highest int’l school fee in HCMC to hit $32,500
HCMC eagerly welcoming action month to improve administrative procedures
State officials in District 12 are receiving and processing documents of citizens. (Photo: SGGP) Head of District 8 Home Affairs Division Nguyen Van Cuong informed that in this action month, many administrative procedures of his district have their processing time reduced from three to only one day: changing registered information of family business, re-issuing permit for family business, registering to temporarily stop or resume trading activities of family business before the noticed period, registering to permanently stop trading activities of family business, extracting necessary information about civil status, certifying document copies or signatures. At the end of May 16, 680 documents were successfully processed. Chairwoman of Cu Chi District People’s Committee Pham Thi Thanh Hien shared that in this action month, her district processes 9 administrative procedures within a day, four of which have the processing time reduced from three to one day. Many residents of Tan … [Read more...] about HCMC eagerly welcoming action month to improve administrative procedures
Local gold regulation considered ‘outdated’ amid skyrocketing prices
Customers buy gold in a gold shop in Ha Noi. A tael of gold in Viet Nam was $838 higher than the global price on May 16. — VNA/VNS Photo Tran Viet With the price of a tael of gold in Viet Nam more than US$800 higher than in the rest of the world, local experts say the local regulation of gold prices is unsuitable. Sliding about VND1 million, a tael of the national SJC-branded gold prices stayed at VND69.5 million ($3,021). On Kitco.com, at the same time, prices of an ounce of gold slid to $1,812 or $2,183 per tael (1.2 ounces). A tael of gold in Viet Nam was $838 higher than the global price on May 16. In February 2020, the gap between prices for a tael of gold was about VND2 million ($86), nine months later, the gap was doubled to VND4 million ($172). At the time, experts considered such a disparity to be unusual. This caused concern about the exchange rate and restrictive policies in buying and selling gold. However, by February 2021, the gap had widened to VND8 … [Read more...] about Local gold regulation considered ‘outdated’ amid skyrocketing prices
Keeping CPI below 4 pct this year a challenge: Economist
Illustrative photo. (Source: VNA) Hanoi (VNA) – It will be a challenge to keep Consumer Price Index ( CPI ) growth under 4 percent this year, according to an economist. Vietnam's CPI picked up 2.1 percent in the first four months of 2022 , much higher than the same period last year’s 0.89 percent but still lower than that of 2017 (4.8 percent) and 2020 (4.9 percent), commented Dr. Tran Toan Thang, head of the Department of Industrial and Business Forecast at the National Centre of Economic Forecast and Information. April CPI advanced 2.09 percent compared to December 2021 and 2.64 percent year-on-year as a result of an increase in prices of nine out of eleven commodities and services. Prices of transport services surged 16.59 percent last month, causing the overall CPI to gain 1.6 percentage points. As major economies like the EU, US, and UK are seeing inflation climbing to record highs in decades, it still looks okay for Vietnam, he said. However, he warned that … [Read more...] about Keeping CPI below 4 pct this year a challenge: Economist
Việt Nam looks for a change in marathon fortunes this year
HOPES OF A NATION: Hoàng Thị Ngọc Hoa is expected to shine in the women's marathon. Photo courtesy of Tiền Phong Marathon Thanh Nga HÀ NỘI — Vietnamese marathon runners are hoping to do better on home soil than they have in recent years at the SEA Games. The marathon is a highly-competitive event at the regional Games, with powerhouses Singapore, Indonesia and Thailand all hoping to do well. Although Việt Nam topped the team’s rankings in track and field in various editions of the Games, the marathon is not always a 'golden' category like the short or medium runs. In this year’s Games, the Vietnamese marathon team registered two athletes in each event with a desire to bring home gold medals. The veteran Phạm Thị Hồng Lệ is set to compete at the 10,000m event in which she is the national record holder. Meanwhile, Hoàng Thị Ngọc Hoa from the southern province of Bình Phước and Phạm Thị Huệ from the northern province of Quảng Ninh will represent Việt Nam in … [Read more...] about Việt Nam looks for a change in marathon fortunes this year
Gold drops to 5-week low
Saigon Jewelry Company (SJC) sold bullion at VND69.25 million per tael Monday, down 0.39 percent from Sunday. A tael equals 37.5 grams or 1.2 ounces. DOJI sold at VND68.9 million, down 1.01 percent. It meant prices had fallen by 6.76 percent, or VND5.2 million a tael, since scaling a historic peak in March. Global spot gold dropped by 1 percent to $1,793.12 per ounce Monday afternoon, but then bounced back to above $1,825 by Tuesday morning. Gold prices in Vietnam are 27 percent higher than global rates. Tran Minh Toi, a gold seller in HCMC’s District 8, said prices fell on higher U.S. dollar and bond yields. It is unlikely that prices will return to the previous peak of VND74.4 million in the medium term, unless the conflict in Ukraine escalates, he said. … [Read more...] about Gold drops to 5-week low
VND1.098 trillion to upgrade Nha Trang – Saigon railway section
The Nha Trang - Saigon railway section. (Photo: SGGP) According to the proposal, the project has a total investment of more than VND1.098 trillion (US$47.9 million) funded from the State budget in the medium-term public investment plan for the 2021-2025 period. The project is expected to be implemented in three years, from 2022 to 2025. The project scope is in the Nha Trang - Saigon section of the North-South railway line, with the starting point at Nha Trang Station (Km1314+930) and the ending point at Saigon Station (Km1726+200), with a total length of about 411 kilometers. Specifically, the project will renovate and upgrade five weak bridges on the route; renovate and upgrade the upper layer architecture of nine degraded sections, with a total length of more than 87 kilometers. At the same time, the project will repair and upgrade Song Than Station (cargo station); build a new station combined with renovating the railway and synchronous works of Di An Station. Along with … [Read more...] about VND1.098 trillion to upgrade Nha Trang – Saigon railway section
Carlos Yulo makes it a golden five
Carlos Yulo seen competing in rings. The Filipino completes SEA Games 31 with five titles. INQUIRER/ANN Photo Thanh Hà Carlos Yulo of the Philippines concluded a spectacular SEA Games campaign in Việt Nam with seven medals, as he grabbed two golds and one silver on May 16 to add to his medal haul. Yulo wrapped up his Games stint in style by bagging his fifth gold after ruling the men’s horizontal bar at the Quần Ngựa Sports Palace in Hà Nội. The pint-sized gymnast garnered 13.867 points to share the gold with Vietnamese star Đinh Phương Thành, who finished with the same score. Another Vietnamese secured a podium spot as Lê Thanh Tùng (13.433) bagged bronze. Yulo clinched gold in the vault with 14.800 points earlier and settled for silver (14.900) in the parallel bars, losing to Thành (15.133). Tùng came third (14.500). Overall, the 22-year-old captured seven out of the eight events in artistic gymnastics, with his other gold medals coming in the individual … [Read more...] about Carlos Yulo makes it a golden five
Working remotely for foreign employers opens up dynamic lifestyle
He first goes out for a five-kilometer jog, returns home to work for an hour or two and then has some spare time before resuming work in the afternoon. Though his days are productive, for the 30-year-old software engineer in HCMC, working remotely for U.S.-based software company Acumatica gives him much greater flexibility than a traditional office job. As more and more global companies look to developing economies for skilled English-proficient workers at relatively lower salaries, in Vietnam, many young people like Dang are embracing the opportunity to acquire a whole new working experience. "The only difficulty is the different time zones," Dang, who has been working for Acumatica for four years as a regional product engineer, says. Every day, after meeting online with the North American team at 5 a.m, Dang also meets his colleagues in Singapore, Malaysia and the Philippines at 7 a.m. and in India and Sri Lanka at 5 p.m. Huynh Minh Dang during a business trip to … [Read more...] about Working remotely for foreign employers opens up dynamic lifestyle