Day: January 15, 2022

The Ministry of Labour, Invalids and Social Affairs (MoLISA) has devised specific solutions to ensure a warm Tet (Lunar New Year) festival for social policy beneficiaries, and support those affected by the COVID-19 pandemic.

Such solutions form part of a recently-issued action plan, under which the ministry also prepared resources to support labourers in case of risks amid the pandemic.

The MoLISA will continue with the policy on poverty reduction, and effectively implement the national target programme on sustainable poverty reduction, with priorities given to poor households in ethnic minority-inhabited areas.

Notably, vulnerable groups will receive both regular and unscheduled assistance, according to the plan.

The ministry said operating the labour market effectively in line with the country’s economic recovery and development is one of the major tasks, with attention paid to the application of information technology and digital transformation to enhance the labour supply-demand connectivity.

To recover the labour market and improve personnel quality, the ministry will pay more heed to vocational training and develop skilled workforce.

The action plan was adopted after the Government issued Resolution No. 01/NQ-CP on tasks and solutions to implement the plan on socio-economic development and state budget estimate for 2022./.

Source: Vietnam News Agency

The High Command of the Vietnam Coast Guard Region 1 has organised several activities to the tune of 200 million VND (8,800 USD) to support local residents in Bach Long Vi island district on the occasion of Tet (Lunar New Year).

They include visiting units of armed forces in the district, offering gifts worth 1 million VND each to policy beneficiary families and outstanding students with difficult circumstances.

A “Zero dong” market was also held to assist residents on the occasion of Tet. The total fund for the activities is nearly 200 million VND.

The above-mentioned activities have practical significance, bringing the warm affection of the mainland to the local people on the threshold of the new year, as well as helping them protect the country’s sovereignty over seas and islands./.

Source: Vietnam News Agency

Police in northern Tuyen Quang province have arrested a 52-year-old man for making, storing, distributing or disseminating information, documents and items against the State of the Socialist Republic of Vietnam under Article 117 of the 2015 Penal Code.

Initial investigations revealed that Le Manh Ha had complied, published and shared articles and video clips on social networks such as Youtube and Facebook, defaming the people’s administration, President Ho Chi Minh, and Party and State leaders, triggering public concern.

While searching the man’s home in Kim Phu commune, Tuyen Quang city, the police found many documents and evidence relating to his wrongdoings.

The case is under further investigation./.

Source: Vietnam News Agency

The High Command of Navy Region 4 said on January 15 that military medical staff have provided emergency treatment for a fisherman whose right hand was crushed while working at sea.

Nguyen Van Tay, 39, from Tam Nam Quan ward, Hoai Nhon township, the south-central province of Binh Dinh, underwent a surgery at the medical centre on Song Tu Tay island, Truong Sa district, Khanh Hoa province.

The fisherman was then allowed to return to his boat for further care.

On January 13, Truong Sa’s health centre also provided emergency aid for another fisherman from Tuy Hoa city, Phu Yen province, who also met an occupational accident./.

Source: Vietnam News Agency

Experts have forecast that inflation will remain under control in 2022 although there will be pressure in the year.

Nguyen Ba Minh, Director of the Institute of Economics and Finance, said the average consumer price index (CPI) in 2022 will increase roughly 2-3 percent compared to 2021.

Inflation in 2022 will be well controlled as it will be difficult for global raw material prices to increase significantly due to the complicated spread of new variant Omicron, trade wars and political conflicts in the world.

Purchasing power in the domestic market will be still weak because the income of workers has been reduced, as production stagnated during the pandemic.

Minh forecast gasoline prices to be stable at 65-80 USD per barrel.

He explained if the oil price increases sharply, the US will increase the supply of shale oil. At that time, the US will gain the oil market share of OPEC and OPEC countries, meaning the latter will then have to increase the supply to cause oil prices to fall again.

Inflation would be controlled in 2022: Experts hinh anh 2

Illustrative image (Photo: VNA)

Discussing pork prices in 2022, Minh said the domestic supply of pork is quite abundant. The product’s price has decreased sharply compared to December 2020 and will also be stable at 45,000-60,000 VND per kg until the end of 2022.

Expert Nguyen Duc Do also agreed that CPI in 2022 will remain at a low level. Though the economy is recovering, the output of 2022 will still be below potential.

If Vietnam’s GDP in 2022 grows by 6.5 percent, the Government’s target, or even 8-9 percent as some forecast, the average GDP growth rate in the 2020-2022 period is only at 4-5 percent, much lower than 6 percent in the 2011-2020 period, he explained.

However, experts said controlling inflation in 2022 will not be easy as the index can increase quite high from the beginning of this year, in the wake of the global economic recovery and commodity prices on an upward trend.

The economic recovery in 2022, under the impacts of economic development support packages, will cause consumption and investment demands to increase, putting pressure on prices.

Experts suggested pandemic prevention will provide the prerequisite for production and market stability to keep CPI under 4 percent this year, as set by the National Assembly.

According to economist Ngo Tri Long, should closely monitor supply and demand sources in the domestic market, especially before Lunar New Year, to take appropriate measures to control prices.

At the event, representatives from the Ministry of Finance’s Price Management Department said the department will closely monitor the world’s economic developments and inflation, promptly taking effective action in managing domestic production and balancing local supply and demand in a move to successfully control inflation right from the first months of 2022./.

Source: Vietnam News Agency

Vietnamese National Assembly Chairman Vuong Dinh Hue has sent a letter of condolences to First Vice President of the European Parliament (EP) Roberta Metsola over the passing of EP President David Sassoli.

In the letter, on behalf of the Vietnamese NA and people, Hue asked Metsola to convey his deepest sympathy to the EP and the bereaved.

He said Sassoli had made significance contributions to promoting the partnership and comprehensive cooperation between Vietnam and the European Union (EU), as well as between the Vietnamese NA and the EP.

Hue said he always bears in mind Sassoli’s sentiments towards himself and the Vietnamese legislature, along with practical, sincere and candid talks with Sassoli during the top Vietnamese legislator’s trip to the EP last September.

Vu Hai Ha, Chairman of the NA’s Committee for External Relations, also extended his condolences to Lorenzo Mannelli, Head of Cabinet – President’s Office at the EP, over the passing of Sassoli.

Sassoli passed away on January 11 due to a “serious complication” related to his immune system, Reuters reported./.

Source: Vietnam News Agency

Vietnam expects to have 28 airports, including 14 international ones, by 2030, according a draft master plan on developing airports nationwide for the 2021-2030 period, with a vision until 2050.

Under the plan, which has been submitted to Prime Minister Pham Minh Chinh for approval, the airports will serve about 275.9 million passengers and handle some 4.1 million tonnes of cargo a year.

The Ministry of Transport will prioritise investments in some major airports like Noi Bai in Hanoi and Tan Son Nhat in Ho Chi Minh City, upgrade and effectively utilise the present 22 airports and build six others, namely Long Thanh, Na San, Lai Chau, Sa Pa, Quang Ninh and Phan Thiet.

By 2050, the number of airports nationwide is expected to increase to 31, including 14 international ones.

PM Chinh asked the Ministry of Transport review the planning of Da Nang and Chu Lai airports to avoid the wastefulness of resources, and soon complete the planning scheme for approval./.

Source: Vietnam News Agency

The COVID-19 pandemic has seriously affected all aspects of social life, causing difficulties for businesses and employees, forcing them to flexibly adapt to and integrate in the “new normal”. Thus, Ho Chi Minh City is implementing many solutions to promote production, and socio-economic development, in which enterprises play a key role.

According to the Ho Chi Minh City Centre for Human Resources Forecasting and Labor Market Information (FALMI), in 2022, the city’s labour market will develop towards gradually increasing the proportion of workers in the industrial-construction and service sectors while reducing those engaged in agriculture, forestry and fishery.

It is expected that the city will have more than 4.9 million workers, mainly in the trade-service, industry-construction sectors. Of these, the number of workers at enterprises is estimated at 3.1 million.

Do Thanh Van, Deputy Director of FALMI, said the recruitment demand in the city is forecast to reach 255,000-280,000 in 2022. The labour demand might increase to 280,000-310,000 if the situation develops in a positive direction.

Dr Tran My Minh Chau from the Economy and Environment Partnership for Southeast Asia (EEPSEA) under the University of Economics Ho Chi Minh City, said that there will be changes in the employment in HCM City as well as neighboring provinces in the near future in comparison to the period before the fourth wave of COVID-19 infections.

Three groups of industries, namely the manufacturing and processing industry, finance and banking, insurance and technology development, can recover very quickly because they are less affected by the pandemic.

The industries that will get better very fast are education, healthcare, family services, real estate, and construction. The industries that will see slow recovery are wholesale, retail, automobile and motorbike repair, transportation, warehousing, accommodation and catering services.

According to a representative of the International Labour Organisation in Vietnam (ILO), the prospect of job recovery is a challenge not only in HCM City and Vietnam but also in many countries around the world. Therefore, attention should be paid to developing policies, training programmes, and investment in the field of job training.

It is essential to push up opportunities for workers based on local economic advantages, improve workers’ capacity to adapt to the fourth industrial revolution, the representative said.

The first phase of an economic recovery and development programme which focuses on overcoming the consequences and disruption of production and supply chains is underway in HCM City. The programme also supports enterprises that have been temporarily suspending operations to re-enter the market, restore production and business, create jobs, take care of social security and cultural activities on the basis of safe adaptation and effective control of the COVID-19 pandemic./.

Source: Vietnam News Agency