Day: July 23, 2022

The demand for IT personnel continues to soar given a rising recruitment need seen across many sectors serving post-pandemic business recovery and growth, according to a report on the Vietnamese labour market in the 2nd quarter by the payroll, recruitment & outsourcing agency Andeco Vietnam.

According to Nguyen Thu Ha, Director at Adecco Hanoi office, digital transformation, big data, cloud computing, and Internet of Things trends not only provide ample local chances for Vietnamese IT staff but also open up remote opportunities at overseas companies and projects. Consequently, although many enterprises offer attractive salary and bonus schemes, they still need all-out efforts to recruit highly specialised candidates.

She also noted that the labour demand in the manufacturing businesses, such as electronics, textiles, and chemicals, has climbed significantly this year and is likely to go up hereafter.

She explained that since a few years ago, we have benefited greatly from a wave of production relocation and signed free trade agreements with the EU, Japan, and the Republic of Korea.

In addition to manufacturing and tech-related enterprises, those in food & beverage service, consumer electronics, and energy are also showing significant hiring demands.

Dang Thi Thai Hoa, Associate Director at Adecco HCMC’s Recruitment Business, meanwhile, noticed a labour shortage in financial services and insurance sectors. She said the stock market has fluctuated dramatically in recent months, resulting in employees quitting for more stable and promising industries.

According to her, the number of specialised candidates in these industries is insufficient compared to the continuous recruitment need. Andeco assesses that many businesses are now taking advantage of both online and physical interviews to boost recruitment efficiency and attract tech-savvy applicants.

Hoa said: “For high-volume or mid-level vacancies, the first few rounds can be conducted using online platforms. Some businesses also prepare additional candidate assessments to swiftly screen a large number of resumes. The best-fit candidates will then join the in-person interviews, which are one of the last hiring phases. Companies, on the other hand, continue to prefer meeting directly from the start for senior management roles.”

Le Nguyen Ngoc Thanh, Country Director of Adecco Vietnam, said the COVID-19-induced uncertainty and the recent inflation made employees more cautious with the work culture, additional wellbeing support, career path as well as salary increment.

They also show a greater interest in the hybrid working model, she said, adding that this will be a challenge for the manufacturing and retail sectors, but more feasible for the service and technology industries./.

Source: Vietnam News Agency

Minister of Planning and Investment Nguyen Chi Dung has just signed a decision on the implementation of the Vietnam Statistical Development Strategy for the period of 2021-2030, with a vision to 2045.

Accordingly, nine groups of tasks and solutions have been set, including perfecting institutions; renovating organisational models; developing human resources; and modernising data collection, processing and administration.

It is also important to increase the quality and effectiveness of international cooperation activities; step up scientific research, innovation; and strengthen inspection works and financial sources mobilisation.

Notably, following the plan, the statistical sector will apply data science to exploit data sources used to calculate the consumer price index of commodity groups; as well as big data technology to compile statistical indicators serving management activities, among others.

The decision took effect on July 5.

The strategy focuses on modernising the statistics sector in the direction of innovation, rapid development and organisational structure. The plan is also to provide statistical information in line with international standards, and form a quality national statistical information system.

The statistics sector aims to reach an advanced development level in ASEAN by 2030 and meet global standards by 2045.

Around 85 percent of paper questionnaires will be replaced with online ones by 2025 and the figure will rise to 95 percent by 2030. Meanwhile, at least 80 percent of statistical products will be provided in a timely manner to users by 2025.

Micro-statistical data is hoped to meet at least 30 percent of the demand of domestic and foreign users by 2025, and 60 percent by 2030./.

Source: Vietnam News Agency

Lai Chau mountainous province is investing in upgrading and renovating its typical mountain markets with an aim to draw in fresh tourism numbers. The idea is to also help smooth out market operations, increase goods traded to improve the economy, and ease spiritual lives to help promote markets and their unique cultural identities.

The northern mountainous province is home to 20 ethnic minority groups. Each ethnic group has its own unique culture, empirically demonstrated in local markets.

Among the markets in Lai Chau, the most crowded are San Thang in Lai Chau city, Sin Ho in Sin Ho district and Dao San in Phong Tho district. Although these markets meet every Sunday morning, from Saturday afternoon, people line up for the markets.

The most unique is probably the “Sung” (horn) market in Si Lo Lau border commune, Phong Tho district, about 105km from Lai Chau city. “Si Lo Lau” means “12 mountain passes” in the Dao language. To reach the commune, people must travel through 12 mountain passes. Featuring the cultures of the Dao and Ha Nhi ethnic groups, the market is held every six days. The market is also held on the days of the goat and the day of the buffalo, which are two special days in the month. Tran Dinh Tien, Vice Chairman of Lai Chau city People’s Committee, said that mountainous markets are an indispensable cultural activity for ethnic minorities. To preserve and promote the cultural value of this kind of market, the city People’s Committee has been promoting sightseeing and local tourism experience activities for visitors. It has also been organising dance activities and cultural exchanges at the market.

Attention is paid to bettering knowledge on local culture and tourism for locals so that they can be “tour guide” ambassadors to help promote the image of the community beyond their stay.

The city has also asked local authorities and the market management boards improve local awareness of environmental sanitation, to increase the value and attraction of traditional products and specialties./.

Source: Vietnam News Agency

Ho Chi Minh City will turn another 22 streets into pedestrian streets on weekends between 2022 and 2025.

The HCM City Department of Transport has sent the municipal People’s Committee a proposal for expansion of the pedestrian street project in the downtown area.

The proposal also includes criteria for the management agency to consider when new pedestrian streets are approved for opening.

This project will be carried out in three phases between 2022 and 2025.

During the first phase from 2022 and 2023, new pedestrian streets will be opened at the International Square roundabout, Pham Ngoc Thach street, Cong Xa Paris (from Le Duan street to Nguyen Du Srreet), Dong Khoi street (from Nguyen Du street to Le Loi street), Le Loi Street (from Nguyen Hue street to Quach Thi Trang roundabout), Phan Chu Trinh street and Phan Boi Chau street.

Vehicles will be banned from passing through these streets during specified times.

Priority will be given to walking on Nguyen An Ninh and Luu Van Lang streets. Vehicles will be limited from traveling in and out of these streets.

During the second phase from 2023 and 2024, the city will expand the length of pedestrian streets on weekends on Dong Khoi street (from Le Loi street to Ton Duc Thang street), Le Loi street (from Nguyen Hue street to Dong Khoi street), Lam Son Square from Dong Khoi street to Hai Ba Trung street, Nguyen Thiep (from Nguyen Hue street to Dong Khoi street), Mac Thi Buoi street (from Nguyen Hue street to Dong Khoi street) and Ngo Duc Ke street (from Nguyen Hue street to Dong Khoi street).

Routes such as Dong Du street (from Dong Khoi street to Hai Ba Trung street), Mac Thi Buoi (Dong Khoi street to Hai Ba Trung street), Ho Huan Nghiep street, Ngo Duc Ke street (from Dong Khoi street to Me Linh Square), Phan Van Dat street, and Ton Duc Thang (from Nguyen Hue street to Me Linh Square) will give priority to walking. Vehicles will be limited from traveling in and out of these streets.

During the last phase between 2024 and 2025, weekend walking streets will include Ham Nghi street (from Ton Duc Thang to Quach Thi Trang roundabout).

Vehicles will be limited on Ton That Dam street (from Ham Nghi street to Huynh Thuc Khang street), Thai Van Lung street and Thi Sach street.

Expansion of pedestrian streets is also part of the city’s long-term goal of reducing the number of cars entering the downtown area, improving the quality of people’s living environment, and promoting the development of tourism, commerce and services in the area where multiple historical relics and architectural works are located./.

Source: Vietnam News Agency

Prime Minister Pham Minh Chinh and Party and Government officials on July 23 paid tribute to late President Ho Chi Minh and heroic martyrs in the central province of Nghe An, as Vietnam’s War Invalids and Martyrs Day (July 27) approaches.

Offering incense and wreaths at the Chung Son pagoda and the Kim Lien special national heritage site, participating officials expressed their deep gratitude for the late President’s significant contribution to the national revolutionary cause for independence, peace and happiness.

They vowed to follow Ho Chi Minh’s ideology, morality and lifestyle and join a concerted effort for successfully implementing the 13th National Party Congress’s resolution and building a strong and prosperous country.

At the Truong Bon historical site in Do Luong district’s My Son commune, they paid respect to the 1,240 martyrs, who died on the legendary Truong Bon road to protect the route.

From 1964 to 1968, the US dropped 18,936 bombs and tens of thousands of rockets onto Do Luong district, including Truong Bon area. However, tens of thousands of Vietnamese soldiers, youth volunteers and locals persisted in fighting the enemy and securing the route for trucks carrying support to the southern battlefield.

On October 31, 1968, 13 of the 14 youth volunteers of Company 317 were killed by US bombing in this area, a few hours before the US declared a halt to the bombing of the north of Vietnam. Since then, Truong Bon has been a symbol of the bravery of Vietnamese youth volunteers./.

Source: Vietnam News Agency

Vietnam will send a young but strong team of athletes to compete at the World Pencak Silat Championships 2022 in Melaka, Malaysia.

They will join with 80 other delegations at the 19th edition of the tournament from July 26-31.

Vietnamese athletes will compete in all 18 categories of tanding (combat) among 22 on offer for both men and women along with four pools of seni (performance). They are aiming for four to five gold medals.

It will be the third international event of Vietnam’s pencak silat team. They finished on top of the Southeast Asian Championship in Singapore in February with nine golds. In May, the team dominated the Southeast Asian Games in Hanoi, winning six titles.

The World Pencak Silat Championships was supposed to be held in 2020 with Sarawak as the venue, but was postponed due to the COVID-19 pandemic.

In the latest world event in Singapore in 2018, Vietnam secured six golds and finished second out of 60 teams. Singapore topped the medal tally with seven golds./.

Source: Vietnam News Agency

The Asian Development Bank (ADB) has raised its growth forecast for Indonesia to 5.2% this year due to healthy domestic demand and steady export growth.

The revised projection in the Asian Development Outlook (ADO) 2022 Supplement is up from the bank’s April forecast of 5.0%.

The report sees higher inflation in Indonesia this year at 4.0%, compared to ADB’s 3.6% projection in April, due to high commodity prices. For 2023, ADB projects the Indonesian economy to grow by 5.3% and inflation to be 3.3%.

“Economic activity in Indonesia continues to normalize while COVID-19 infections remain manageable, despite a recent rise in the number of cases,” ADB Country Director for Indonesia Jiro Tominaga said in a statement released on July 21.

“Inflation has risen, hurting households’ purchasing power. High prices for key commodity exports, however, are generating windfall export earnings and fiscal revenue, enabling the government to provide aid for costlier food, electricity, and fuel while still reducing the budget deficit.”

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region./.

Source: Vietnam News Agency