US investors keen to do business (29-06-2007) Tran Tuan Anh, Viet Nam’s consul general in San Francisco, spoke to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) newspaper about Vietnamese and American markets. What do American inves-tors think of Viet Nam’s investment climate in terms of doing business here? Being a member of the World Trade Organisation brings opportunities for both Vietnamese and foreign business people, including investors from the US. American and overseas Vietnamese are very keen on Viet Nam and regard the country as a new phenomenon. What areas is the US interested in? American investors want to know more about general policies related to business in Viet Nam, especially since we are now part of the WTO and have Permanent Normal Trade Relation status with the US. Business people are looking for information about many different sectors. However, they are very interested in official information about the Vietnamese Government that can be accessed … [Read more...] about US investors keen to do business
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How do we curb the appalling number of road traffic accidents? (13-08-2007) Minister of Transport and Chairman of the National Committee for Traffic Safety Ho Nghia Dung talked with Tien Phong (Vanguard) newspaper about potential solutions for Viet Nam’s high traffic accident rate. Why has the number of traffic accidents, including serious accidents, been so high in the first six months of this year? The main reasons are a lack of awareness by the public about the need to obey traffic laws and poor management by the State. Rapid economic growth, in particular in the transport industry, which has grown at a rate of eight to nine per cent, has seen the number of vehicles on the roads increase significantly. There are currently about 20 million vehicles being driven nation-wide, and the people’s awareness of road safety issues, traffic management by the State and the quality of infrastructure, have not kept pace with this. What do you think about claims that the high rate of … [Read more...] about How do we curb the appalling number of road traffic accidents?
Business Beat (07-08-2006) How do we get tourists to come back again? by Nguyen Van Cam A meeting of representatives from the tourism industry last week came to the conclusion that the sector could not take off unless it had a clear-cut strategy and thorough co-operation among key players. Although Viet Nam realises that it has to develop diversified products to attract different kinds of tourists, the efforts are done piecemeal, without long-term planning and fixed objectives. For example, according to major hotel operators in HCM City, tourists visiting for Meeting, Incentives, Conference and Exhibition (MICE) are an important source of income but HCM City is still struggling to build a standard international conference and exhibition centre. Tourists are interested in local traditional festivals but organisers have not been able to plan these far ahead, leaving enough time for tourist companies to promote them adequately. Local authorities want to increase tourist arrivals to create … [Read more...] about How do we get tourists to come back again?
(VOVworld) - The Hau Giang Farmers Association has worked to help local farmers in restructuring crops, livestock, and expanding effective models that can adapt to climate change. By 2020, Hau Giang was set to have 70% of its farming households earning at least 4,500 USD per hectare a year. 50,200 farming households in Hau Giang have been awarded the title "Excellent Farmers in Doing Business" title, accounting for 37% of the province's population involved in agricultural production. Over recent years Hau Giang has enhanced the restructuring of agricultural production, crops, plants, and livestock, to mitigate the impact of natural disasters. The provincial Farmers Association has also increased communications, instructing farmers on how to promote the strengths of each region and focus production and trading in a sustainable development manner. Following this direction, farmers in Hoa My village in Phung Hiep district have moved to grow sugarcane instead of rice. Nguyen Thi Bay of … [Read more...] about Hau Giang seeks to have 70% of farming households recognized as good at doing business
Some 55.1 percent of the 1.11 million unemployed in Vietnam are aged 15 to 24, according to the General Statistics Office’s socio-economic report for Quarter III, 2017. Youth unemployment stood at 7.8 percent in Q3/2017, much higher than Vietnam's overall unemployment rate of 2.02 percent. In Q3/2016, 7.86 percent of young people were jobless. The bleak numbers underscore the uphill battle young people have been facing in finding jobs that match their aspirations and academic credentials. They have grown frustrated, either awaiting job offers at home or opting for temporary employment with moderate pay. “While Vietnam does not experience alarming high youth unemployment as in many other countries, ensuring quality jobs for the young generation remains a great test for the nation,” said ILO Vietnam Director Change-Hee Lee. Experts say millennials struggle to find jobs largely because companies tend to favor experienced candidates. Nguyen Bich Thuy, 28, … [Read more...] about Jobless Vietnamese millennials would rather stay home than do manual work