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The positive results posted by Vietnamese manufacturers in support industries over the last 20 years have come mostly on the back of the development of the local motorcycle industry. Despite the government’s policies to limit the number of vehicles on Vietnam’s streets, there have been many opportunities in place for manufacturers to grow, according to Ms. Truong Thi Chi Binh, Vice Chairwoman and Secretary General of the Vietnam Association of Supporting Industries (VASI). “They are willing to be involved further in automobile support industries once volumes in the industry are sufficiently large, along with government support in terms of policies,” she said. Bright side The Export Mechanical Tool JSC (EMC), the Nhat Quang Steel Limited Company, and the Manh Quang Mechanics Co. - three of VASI’s 224 members - have posted good results from the flourishing motorcycle market. Reaching 3.38 million local and imported vehicles in 2018, Vietnam stood behind … [Read more...] about Auto support industries falling short

Đào Quang Vinh, Director of the Institute of Labour and Social Affairs under the Ministry of Labour, Invalids and Social Affairs, talks to Sài gòn Giải phóng (Liberated Sài Gòn) newspaper on challenges and opportunities presented to Vietnamese working people by Industry 4.0 What are the impacts of Industry 4.0 on the Vietnamese labour market? Industry 4.0 has made a big change to the country’s production and supply chains while many new business models have appeared together with new management methods. As a result the demand for the labour force to meet specific job requirements is also subject to change. In such a situation, knowledge, science and creativity will become decisive factors while the capital of human resources has much greater significance than material resources. Recent changes in Việt Nam and the world have shown many jobs have been created in all economic sectors, however, their requirements in … [Read more...] about High demand for skilled workers

A man and his children in Hanoi have donated VND1.8bn (USD77,800) to clean up a polluted lake in their village and built a small public park. The lake of Hanh Dan Village For the past two years, the locals in Hanh Dan Village, Tan Lap Commune, have often go to a 3,000-square-metre park to play. This park is built around a village lake constructed by 74-year-old Nguyen Tu Hung. Hung said he had wanted to build the park since 2000 but he didn't have the money then. When implementing the New Countryside Programme, he and the local authorities worked together to improve the village's environment. "The lake used to be very clean and clear. The villagers even washed the rice there. But because of rapid urbanisation it was polluted by household wastewater and everyone tried to avoid it," Hung said. "My house is near the lake so I suffered from the foul smell. We didn't dare to open the window." Hung cleaning the park In 2016, Hung's five children all become successful so he and … [Read more...] about Local man cleans up village polluted lake

Home Anh Vien takes two more gold medals in SEA Games By Vu Duc Friday,  Dec 6, 2019,19:41 (GMT+7) Anh Vien takes two more gold medals in SEA GamesBy Vu Duc Vietnam’s Nguyen Thi Anh Vien receives the gold medal in the women’s 200m freestyle category in the swimming event at the 30th SEA Games in the Philippines today, December 6 - PHOTO: VNA HCMC – Nguyen Thi Anh Vien clinched two more gold medals on day six of competition today, December 6, in the 30th Southeast Asian Games (SEA Games), which is taking place in Manila. As predicted, Nguyen Thi Anh Vien finished first in the women’s 200m freestyle event in two minutes and 0.75 seconds. Natthanan Junkrangjang of Thailand came second in two minutes and 0.93 seconds and Remedy Alexis Rule from the Philippines ranked third in two minutes and 1.64 seconds. Defending champion and Games record holder Anh Vien also took home her second gold in the … [Read more...] about Anh Vien takes two more gold medals in SEA Games

Vietnam's emerging startup scene is proving to be a case of right place, right time for local and international venture capital funds. Eleven “rising star” startups in Southeast Asia in September converged at the “500 Startups Demo Day” in Ho Chi Minh City to spotlight the dynamic technology landscape in Vietnam and broader Southeast Asia. “There’s more hype about Vietnam’s tech scene now than ever before, as this is an exciting time for Vietnam overall,” said Mr. Eddie Thai, General Partner at 500 Startups Vietnam. “Vietnam is fast becoming an attractive destination for local and international venture capital funds, who are hoping to capture the growing consumer opportunities and leverage the Vietnamese entrepreneurial spirit.” Rising appetite Vietnam’s startup sector is growing at a rapid clip despite the global economic slump and is closing the gap with regional leaders. In only two years, it has made a big leap … [Read more...] about Startups catching the eye