Society
Vietnam's semiconductor industry requires more talent
Human resources remain a major obstacle for Vietnam establishing a stronger position in the global semiconductor industry.
Society
Taxable revenue threshold for household businesses doubled
The adjustment aims for greater flexibility, with the threshold to be raised to approximately VND1 billion ($38,000) to reflect economic realities, support household businesses, and ensure budget balance.
Society
Looming pressure on Vietnam's economic growth
Though results indicate a degree of recovery momentum in Q1 and March, ongoing global headwinds continue to pose concerns for Vietnam macro-economic situation.
HCMC to spend 10% of budget on social housing
The Ho Chi Minh City People’s Council approved a Resolution on July 8 on the housing development program for the 2021-2030 period. The city will spend more than VND12.4 trillion ($531 million), or 10 per cent of its total budget, on building 93,000 social houses.
Online jobs session to be held for Vietnamese workers coming home from South Korea and Japan
An online jobs session for Vietnamese workers in South Korea and Japan returning home will be held on July 21 by the Ministry of Labor, Invalids and Social Affairs in cooperation with Hanoi, central Quang Nam province, and the Mekong Delta’s Dong Thap province. This will be an opportunity for local workers in South Korea and Japan to come home to stable employment and help reduce the number of Vietnamese living illegally in the two countries.
Workforce recovers in Q2
Vietnam’s workforce increased significantly in the second quarter as its economy recovered, especially in the service industry, which rose by 430,000 people compared to the previous quarter and nearly 354,000 people year-on-year. By the end of the second quarter, Vietnam’s workforce aged 15 and over was 51.6 million people.
120,000 jobs created in Hanoi in 1H
Nearly 119,000 jobs were created in Hanoi in the first half of 2022, representing 74.3 per cent of the annual plan and up 21.4 per cent year-on-year. In the second half of the year, the capital will continue to implement policies to support workers both in terms of loans as well as training to foster and improve vocational skills.
Da Nang's workforce ready to cater to new wave of investment
Da Nang has a key role to play as a growth nucleus for the central key economic region, not only in terms of planning, infrastructure, and investment environment but also in human resources. The city pays particular attention to attracting talent and improving the quality of training so it stands ready to welcome a new wave of investment, especially FDI.
Thai Nguyen adjusts housing development plan in 2022
Northern Thai Nguyen province has adjusted and supplemented its Housing Development Plan in 2022. It will now implement 290 housing projects and urban areas on a total area of 6,680 hectares this year, 17 communal housing projects on a total area of more than 115 hectares, and 24 projects on housing for resettlement on a total area of 250 hectares.