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Role of press highlighted in promoting development Nguyen Thu Lan, a consultant from a Hanoi-based US-invested investment consultancy firm, two weeks ago completed a digital transformation report for the firm’s three potential American clients, who are exploring Vietnam’s investment climate. Lan had to seek information from many sources for the report, including local newspapers. She also found detailed information on Vietnam’s macroeconomic situation and digital transformation in VIR, which features a new hallmark scheme from the government on supporting industrial enterprises in smart production development. Lan said, “I am very happy as I had been seeking such information for months. More importantly, such information was cited from an original source,” she said. Under the draft scheme, expected to be enacted by the government soon, just over one-third of Vietnamese businesses will implement digital transformation effectively by 2025, and the rate will increase to 85 per … [Read more...] about Role of press highlighted in promoting development

Numerous difficulties In 2021, the domestic cement market continued to face fierce competition. The company’s products had to compete fiercely with many other cement brands. To enhance productivity and product quality, the company had to improve its two production lines which commenced operations in 2005 with low design capacity. Meanwhile, the instability of global cement prices led to decreases in domestic prices, affecting the company’s sales. The La Hien cement plant Despite these difficulties, the company successfully accomplished its production and business tasks for 2021. The company’s leadership manages the implementation of production and business plans in accordance with the resolution of its shareholders’ meeting. Thanks to appropriate policies, the company has maintained stable sales in traditional markets. Effective solutions In 2021, the company fulfilled or exceeded most of its targets. Specifically, it sold 805,916.11 tonnes of cement earning … [Read more...] about La Hien company cements its contribution to market stability

Inadequacies in salary are causing a shift of workers among foreign-invested enterprises. Taiwanese-backed Foxconn, the world’s largest iPhone contract manufacturer, is complaining about a battle to attract more affordable labour with its Chinese rivals in Vietnam. Young Liu, CEO and chairman of Foxconn, this month accused the company’s Chinese competitors of setting up campuses near its base in Vietnam to get closer to its workers. Foxconn’s campus, located in the northern province of Bac Ninh, currently employs around 60,000 workers, and the company has plans to increase that number over the next two years. Once the battle for workers becomes more serious, the company may face the risk of employee shortages. While the Foxconn CEO would not disclose the names of the competitors involved, the current crop of 31 companies – employing around 160,000 workers – that produce Apple products in Vietnam include major names such as Luxshare ICT, Pegatron Vietnam, and BYD Electronics … [Read more...] about Foreign groups battle to retain their workers

Representative of the Presidential Council of Box Hill Academy Laura Macpherson and KOTO instructors award certificates to trainees at a ceremony on June 21. — Photo KOTO Viet Nam's first social enterprise, KOTO, commemorated the graduation of 95 trainees at a ceremony in Ha Noi on June 21, celebrating years of training excellence. After being postponed for three years due to COVID-19, the 2022 graduation ceremony recognised 95 graduates from Class 34, 35, 36 and HER TURN Class 5. The event, themed “Resilience”, not only acknowledged the adaptability of KOTO and its people through the pandemic but also demonstrated its origins. “For the last 23 years, KOTO has always been resilient. We were a disruptor in our approaches to making a difference ahead of our time," said Jimmy Pham, KOTO Founder and Executive Chairman. "From combining business with charity, putting vocational education training to the forefront and making it relevant to instilling values in our trainees, so … [Read more...] about KOTO celebrates 2022 graduation

Your Excellency Prayut Chan-o-cha, Prime Minister of Thailand, Madam Irene Natividad, President of the Global Summit of Women, Ladies and gentlemen, I am delighted to attend the Global Summit of Women (GSW) 2022 hosted in the beautiful and hospitable Thailand. First, on behalf of the Vietnamese delegation, I would like to extend my wishes of peace, prosperity and development to Excellency Prime Minister of Thailand, Madam President of the GSW, and all delegates. Let me take this opportunity to congratulate Thailand on the efforts and achievements in gender equality and women empowerment. They have been reflected in your regulations and enforcement and oversight mechanisms to protect women’s rights and interests. Such efforts have also been recognized through the U.N. Secretary-General’s appointment of a Thai Princess as a Goodwill Ambassador in Thailand for U.N. Women, in line with the determination and desire to “Say No to Violence against Women”. The percentage of Thai women … [Read more...] about Vietnamese Vice President’s statement at opening of Global Summit of Women

As one of the three keynote speakers at the summit's opening, the Vice President noted that the world is facing unprecedented instability due to the double impact of the COVID-19 pandemic and conflicts, which directly affect interests and livelihoods of women in many countries and regions. However, these challenges can be transformed into opportunities given the context that the post-pandemic world is rapidly recovering with many positive trends in sustainable development, green and inclusive growth, digital transformation, public-private partnership, social security and education reform having created new economic opportunities for women, she said. Therefore, Vice President Xuan called for bolstering the voice and participation of women in legislative and executive bodies, and the planning and implementation of development policies. She proposed enhancing women's economic empowerment through frameworks and policies that facilitate women’s entrepreneurship and access to finance and … [Read more...] about Vietnam proposes solutions to optimize women’s potential in making socio-economic recovery policy

Vice President Võ Thị Ánh Xuân speaks at the opening ceremony of the 2022 Global Summit of Women in Bangkok, Thailand on Thursday. — VNA/VNS Photos Ngọc Quang BANGKOK — Vice President Võ Thị Ánh Xuân on Thursday proposed four measures to help women make use of their potential and play their part in the economic recovery process post-COVID-19. Xuân was speaking at the opening ceremony of the 2022 Global Summit of Women in Bangkok, Thailand. The event gathered 600 representatives from 52 countries and territories, including Prime Minister of Thailand Prayut Chan-o-cha and other high-level government and business leaders. With the theme "Women creating opportunities in the new reality", the three-day conference focuses on empowering and promoting women in the socio-economic recovery process after the COVID-19 pandemic. Speaking at the ceremony, the Vietnamese Vice President said women were among the most affected by the pandemic despite their important position and role in the … [Read more...] about Empowering women essential in post-COVID world: Vice President

It's necessary to have the engagement of all stakeholders in the common drive. Hanoi's authorities have taken action together with the Ministry of Public Security in response to the action month for drug prevention and control and the International Day against Drug Abuse and Illicit Trafficking [June 26]. This year’s action month themed “Improving the effectiveness of drug addiction treatment and managing illegal drug users - For a healthy and safe community” is aimed to create a strong effect on people across the country and synergy to gradually reduce the number of addicts. Addressing the meeting, Deputy Prime Minister Vu Duc Dam urged stronger actions against drug abuse and illicit trafficking, asking for wide and deep information dissemination on the harmful consequences of taking drugs. “We should particularly disseminate harmful consequences of taking drugs different kinds of methamphetamine, to help raise public awareness about the issue, with a focus on new kinds of … [Read more...] about Hanoi launches action month for drug prevention and control 2022

At the informal meeting between defense ministers of ASEAN and Japan, Japanese Minister of Defense Kishi Nobuo affirmed that Japan supports ASEAN’s centrality in regional cooperation mechanisms. He suggested the two sides strengthen defense cooperation in the fields that are important to ASEAN, including improvement of maritime security, human resource quality, cyber security, and response to impacts of climate change on regional security. Head delegates of ASEAN highly appreciated Japan’s role in maintaining peace and stability in the region. They thanked Japan for providing vaccine and giving other support for ASEAN countries in the COVID-19 fight efforts. They stressed that they back Japan’s Vientiane Vision 2.0 on promoting defense cooperation with ASEAN, creating a driving force for the maintenance of regional peace, stability and security. Addressing the ASEAN-Japan Defense Ministers’ Informal Meeting, Vietnamese Defense Minister General Phan Van Giang spoke highly of the … [Read more...] about ASEAN defense ministers meet with Japanese, Chinese counterparts

Attending the ceremony, Prime Minister Pham Minh Chinh highlighted the development of Vietnam’s revolutionary press over the past 97 years, stressing that it has contributed greatly to the struggle for national liberation and the national construction and defense cause. The PM congratulated 115 authors and groups of authors who have won prizes in the 16th National Press Awards, stressing that the awards honored and expressed thanks to journalists who had made important contribution to the country’s success in 2021, a year with unprecedented difficulties and challenges due to the COVID-19 pandemic. “The press has built trust and helped consolidate the great solidarity, consensus and support  of the people and businesses for the Party’s and State’s sound policies on a vaccine strategy and COVID-19 prevention and control program, enabling Vietnam to become one of the few countries leading the world in the vaccination rate,” he said. The Governmental leader also applauded the press … [Read more...] about Winners of 2021 National Press Awards honored