Appealing a high court decision

More than 70 per cent of Việt Nam’s working-age women are in the labour force. Photo ILO Vietnam HÀ NỘI – With a remarkably high labour market participation rate, women in  Việt Nam face multiple and persistent labour market inequalities, and carry a disproportionate double burden of work and family responsibilities, researchers have revealed. A new research brief by the International Labour Organization (ILO) in Việt Nam shows the COVID-19 pandemic has not only exacerbated existing inequalities but created new gender gaps. More than 70 per cent of Việt Nam’s working-age women are in the labour force, compared to the global level of 47.2 per cent and an average of 43.9 per cent in Asia and the Pacific. While the gender gap in labour force participation is narrower in Việt Nam than in the world, it has still stood at 9.5 percentage points (men’s rate higher than women’s) over the last decade. According to the research brief 'Gender and the labour market in Viet Nam: … [Read more...] about COVID-19 widens existing gender inequalities: ILO

The 5-star ALMA Resort developed by Paradise Bay Resort Co. Ltd. has been officially voted as one of the top 10 best resort projects in Vietnam in 2020 by Vietnam Real Estate online magazine, or reatimes.vn. The year 2020 ended on a positive note for Vietnam with the national GDP rising 2.91 percent, but the COVID-19 pandemic remained complicated, with the world economy being mired in difficulties. The Vietnamese tourism industry is still making constant efforts to resist the destructive power of the pandemic. 2020 was a bleak year for all branches of tourism, but it also showed the adaptability and flexibility of the entire industry. During this difficult time, the construction of ALMA Resort was completed and it was officially put into operation in December 2019. While ensuring measures against the pandemic, ALMA Resort welcomed thousands of families in 2020, with a peak room occupancy rate of up to 80 percent. For such a new resort to have such a desirable number of … [Read more...] about ALMA Resort voted in Vietnam’s top 10 best resorts in 2020

Prudential Vietnam and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership (Photo courtesy of Prudential Vietnam) HCM City (VNS/VNA) - Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential Plc , and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years. The new agreement significantly expands the geographical scope to include the north, where MSB is headquartered, and make Prudential the lender’s only partner. They have been collaborating since 2013 and built a highly successful bancassurance partnership which delivered a 34 percent compounded annual growth rate in annual premium equivalent between 2014 and 2020. Under the renewed partnership, the two sides will also expand into new segments, including digital, to deliver holistic protection solutions to customers. With a digital-focused approach that is aligned with MSB and … [Read more...] about Prudential, Maritime Bank extend bancassurance partnership for 15 years

Residents and tourists alike have shared their disappointment over the removal of large portions of the Franciscaines Misionnaires de Marie – an abandoned monastery in the Central Highlands city of Da Lat – during the site’s renovation. Spanning more than seven hectares, the chapel and residential quarters of Franciscaines Misionnaires de Marie sit between Tran Quang Dieu and Hung Vuong Streets in Da Lat, which is the capital of Lam Dong Province. For years, the iconic chapel has been an inspiration for Vietnamese artists and photographers, being reimagined in countless works of art. The mission is located in an area surrounded by pine trees near the center of Da Lat. Photo: Duc Tho / Tuoi Tre A ruined complex According to writer Nguyen Vinh Nguyen, the Benedictine complex was designed and built by French architects Alexandre Leonard and Paul Veysseyre in the late 30s and early 40s, marking the onset of Benedictine missionaries from the West making their way … [Read more...] about The restoration of Da Lat’s abandoned monastery

As Vietnam is among the most threatened countries by climate change, the state and people take decisive action, photo Le Toan The government has promulgated Resolution No.06/NQ-CP on the Action Programme on continuing the implementation of Resolution No.24-NQ/TW by the 11th Party Central Committee on active response to climate change, improvement of natural resource management, and environmental protection. The action programme, to be implemented until 2025, lays a foundation for ministries, agencies, and localities to formulate and implement their own plans on responding to climate change while strengthening natural resource management and environmental protection. Under the programme, efforts are to be made to reduce greenhouse gas emissions by 7.3 per cent below the business-as-usual scenario by 2025, and achieve 5-7 per cent in energy conservation out of gross energy consumption. To this end, some key solutions are to be taken. Specifically, the government orders … [Read more...] about Government shows urgency in climate change battle