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Most workers in manufacturing in danger of being eliminated

Seventy-four percent of workers in the manufacturing & processing industry in Vietnam are expected to lose their jobs because of the impact of the fourth industrial revolution, the highest level among ASEAN countries.

Productivity key to escaping mid-income trap

 Viet Nam has to focus on increasing labour productivity and overall productivity growth to avoid the risk of being stuck in the middle income trap, experts said at the Vietnam Development Forum (VDF) 2017 on Wednesday.

FPT Software, Airbus link up in aviation technology

 FPT Software and Airbus have signed a Letter of Intent (LoI) on looking into opportunities to develop aviation technology related to Airbus’s Skywise, a new aviation data platform.

HCMC needs $40 billion for seven breakthrough programs

 Ho Chi Minh City needs up to US$40 billion to implement seven breakthrough programs from now until 2020, said the city People’s Committee.

VN to halt illegal fishing by 2025

 VietNamNet Bridge – The National Assembly has passed a revised law on fisheries as Vietnam prepares a national plan to prevent, minimise and eliminate illegal fishing by 2025. 

Foreign investors keen to acquire stake at oil refinery

The equitization of Binh Son Refining and Petrochemical Company has drawn strong attention of big foreign investors given the company’s strong financial readings and its market position.

Digital banking grows to support new customers

 Digitalisation in retail banking is becoming a vital trend for Vietnam’s banking sector, not only to meet bank customers’ – especially young customers’ – needs, but also to help the nation achieve its goal of creating a cashless economy. 

ACV prepares for colossal divestment

 The state will divest about 20 per cent of its stake – more than 435 million shares – in Vietnam’s largest state-owned airport operator in the third quarter of next year.

Foreign diplomatic agencies informed of APPF-26

 The 26th Annual Meeting of the Asia-Pacific Parliamentary Forum (APPF-26) will be organised in Hanoi from January 18-21, 2018 under the theme of “Parliamentary partnership: Peace, Innovation and Sustainable Development”.

Mekong-Lancang foreign ministers convene third meeting in China

 The third Foreign Ministers’ Meeting on Mekong – Lancang Cooperation took place in Dali, the southwest China’s Yunnan  on December 15, with the attendance of foreign ministers from Cambodia, Laos, Myanmar, Thailand, China and Vietnam. 

Chinese furniture manufacturers relocate to Vietnam

VietNamNet Bridge - Chinese wooden furniture enterprises are considering setting up their production bases in Vietnam, raising worries among domestic manufacturers.

Village midwives give vital service for a pittance

Being a midwife in a remote, mountainous area is a thankless job. The remuneration is pitiful, even though the job is of vital importance in maintaining maternal health, especially among ethnic minority communities.

Taking care of preemies a tense ordeal and a joy

 VietNamNet Bridge – Tran Gia Han of Hai Phong often holds her breath as she stares into the room where her baby is being taken care of.

Only a fundamental mindset shift can save the Mekong Delta: expert

Well-meant but misguided climate change interventions in the Mekong Delta are set to do more harm than good, and only a change in policymakers’ mindset can reverse the damage, 

Tour firms may be fined for environmental offenses

Madelon Willemsen, head of the Vietnam office of the wildlife trade monitoring network TRAFFIC, said that the wildlife-related tourism activities that have been popular in the country for decades, such as elephant riding, 

Blind teacher wins top scholarship for social work

 VietNamNet Bridge – Huynh Huu Canh and his cousin were digging up an iron object one day when a bomb left over from the war exploded, killing his cousin and leaving Canh, then in the fourth grade, blind.

Young swimmer shine at age 15

 VietNamNet Bridge – At the age of 15, HCM City’s native swimmer Nguyen Huu Kim Son won an individual medley gold at the Southeast Asian (SEA) Games held in Malaysia this year, setting a new Games record.

Social News 16/12

Kon Tum police bust illegal transport of firecrackers, Quang Ngai asked to roll out measures to end illegal fishing, Nguyen Xuan Thang assigned to take charge of PCC’s Theoretical Council

Textile-garment trade surplus may hit US$15.5 billion this year

 Vietnam’s textile and garment sector may have a trade surplus of US$15.5 billion on total export revenue of US$31 billion this year, said Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS).

Experts find downtown vehicle restriction scheme unconvincing

 Most experts voiced their disagreements over a scheme to impose a fee on cars entering downtown HCMC to reduce traffic congestion, heard a seminar on December 12.