(VEN) - Standard Chartered Bank Vietnam has been named the “Banking Employer of the Year in Vietnam 2017” by the London-based Finance Digest. The Bank has also been ranked in the top five best places to work in Vietnam’s banking industry and top 100 best places to work in Vietnam in the “Top 100 Vietnam Best Places to Work 2017” survey, jointly conducted by the career networking platform Anphabe and the research firm Intage Vietnam. Standard Chartered Bank Vietnam is also a leader in training and development. The Bank organises training courses in-country and abroad to help employees improve their knowledge and skills, including new leadership training programmes focusing on building high performing teams, and more training options for staff to improve their technical knowledge. It also offers educational sponsorships for staff to pursue further study. Staff are encouraged to rotate internally between departments and explore opportunities with the … [Read more...] about Standard Chartered Vietnam named Banking Employer of the Year in Vietnam 2017
Employment
Gender gaps remain wide in income and employment: ILO
According to the report, Vietnam’s female labour force participation is 72%, higher than the average rate in the world (49%), as well as the Asia-Pacific region and the group of lower-middle income countries. The number of female labourers in Vietnam accounts for 48.4% of the total labour force. However, the percentage of employed Vietnamese women is 9% lower than that of men. Currently, there are 7.8 million female employees working in the informal sector with unsecured working conditions. The rate of female labourers in informal and vulnerable work is at 59.6%, while the figure is 31.8% for men. The report also points out the fact that female labourers are at a lower status than men in the employment structure. Women account for only 26.1% of the leadership positions but contribute 52.1% of the unskilled workers and 66.6% of the household workers. This shows that there are still many barriers for women in gaining access to career development opportunities compared to men. … [Read more...] about Gender gaps remain wide in income and employment: ILO
Automation poses employment challenges
Unemployment may rise because of the high numbers of unskilled workers and increased industrial automation. The issue was discussed at the forum about policies and employment held by the International Labour Organisation and the Ministry of Labour, Invalids and Social Affairs on December 13 in Hanoi. Deputy Minister Dao Hong Lan emphasised that globalisation and scientific and technological developments were posing huge challenges to the local economy. Statistics show that as of this year, only 11.21 million out of 54.36 million workers have some sort of vocational qualification. The number of workers trained for jobs in science and technology are low, and Vietnam lacks skilled and experienced workers. In 2013, Vietnam's productivity was only 5.6% of Singapore’s, 8.3% of Japan and 15.2% of Malaysia’s. Textiles, leather and footwear along with car parts are Vietnam's export strength. However, Vietnam Chamber of Commerce and Industry Chairman Vu Tien Loc said these … [Read more...] about Automation poses employment challenges
PM orders support for workers abandoned by South Korean employer
Prime Minister Nguyen Xuan Phuc issued a statement on February 11 ordering authorities in southern Dong Nai province to support workers abandoned by their South Korean employer just before the Tet holiday. Hundreds of Texwell Vina workers gathered outside the factory, waiting for their salaries (Photo from cafef.vn) The South Korean director of KL Texwell Vina, a garment company fully-owned by South Korea’s Kwanglim Group, together with eleven South Korean managers, reportedly left Vietnam on February 8 while still owing VND13.7 billion ($605,540) in salaries to workers. The company also owes VND17.5 billion ($773,500) in social insurance contributions, which haven’t been paid since last August. Hundreds of Texwell Vina workers gathered outside the factory, located at the Bau Xeo Industrial Zone in Trang Bom district, over the weekend to demand their salaries. Provincial authorities have agreed to pay half a month’s salary to each worker, Director of the Dong … [Read more...] about PM orders support for workers abandoned by South Korean employer
Vietnamese province forks out salaries to workers abandoned by S Korean employer
Authorities in Dong Nai Province have advanced 1,900 workers at a garment factory VND7 billion ($308,000) to cover their overdue salaries ahead of the Tet holiday Texwell Vina's South Korean director, together with 11 mangers, reportedly left Vietnam on February 8 while still owing VND13.7 billion to workers. The company also owes VND17.5 billion in social insurance contributions from August 2017. Following the disappearance of their employers, hundreds of Texwell Vina workers have gathered outside the factory, located at the Bau Xeo Industrial Zone in Trang Bom District, over the last two days to demand their pay. Provincial authorities have agreed to transfer half a month's salary to each worker, said Huynh Van Tinh, director of the Dong Nai Department of Labor, Invalids and Social Affairs, to ensure they are able to celebrate the upcoming Lunar New Year. The company's assets are being seized by authorities and will be sold off to pay for the other half of the salaries … [Read more...] about Vietnamese province forks out salaries to workers abandoned by S Korean employer
Electronic firms asked to ensure sustainable employment
Illustrative image (Source: VNA) Hanoi (VNA) – Electronic enterprises should practice their social corporate responsibility through abiding by labour law, thus contributing to promoting sustainable employment in the firms, heard a seminar in Hanoi on January 31. Participants at the event should focus on major measures such as abolishing the use of child labourers, ensuring employment security and stable jobs for post-35 year-old employees, and eliminating discrimination in employment and occupation. The firms should engage strongly in developing skills for workers to meet demands in the new technology era, while providing a safe environment for them together with adequate wage and social welfare, they added. According to the Institute of Labour Science and Social Affairs, the growth of Vietnam’s electronic sector is mainly attributed to investment from multinational businesses, especially those from the Republic of Korea and Japan. By 2016, the firms employed … [Read more...] about Electronic firms asked to ensure sustainable employment
Thai farmers’ employment in Israel discussed
Scene at the talks (Photo: NNT) Bangkok (NNT/VNA) – Thai Labour Minister Adul Sangsingkeo held talks with the Israeli ambassador to Thailand about a temporary employment programme of Thai farmers in Israel. The labour minister welcomed Israeli Ambassador to Thailand Meir Shlomo and engaged in a discussion to promote cooperation between both countries. He said he discussed with the Israeli ambassador the temporary hiring scheme of Thai workers in the agricultural sector in Israel which is arranged as a government to government cooperation, where Thailand has requested Israel to take care of the social security by deducting a part of salary as a saving for Thai workers after the end of employment, the provision of annual health check, and the elimination of issues involving middlemen in order to provide optimum protection to Thai workers. Since 2010, the Thai government has established an agreement with the Israeli government, and has since 2012 sent Thai … [Read more...] about Thai farmers’ employment in Israel discussed
1.63 million people step onto employment ladder in 2017
Of that figure, more than 1.5 million people found domestic employment opportunities and over 135,000 people found placement abroad.The number of salaried State employees reached an estimated 43% of the country’s total employees.The unemployment rate among people of working age living in urban areas dropped to 3.18%, while the rate of trained workers was 56%, of whom 22.5% had received certificates of qualificationRegarding potential labour export markets for this year, Deputy Minister of Labour, Invalids, and Social Affairs Doan Mau Diep says the Ministry has set a target of sending 110,000 workers overseas, to meet high demand in places such as Japan and Taiwan (China) who are looking to recruit the large number of guest workers.To fulfil its targets for 2018, a score of measures will be taken with a focus on facilitating the systematic improvement and operation of the labour market, and strengthening labour market research, necessitate forecast and data analysis, Mr Diep … [Read more...] about 1.63 million people step onto employment ladder in 2017
Q3 2017 DDoS Trends Report: 29 Pct of Attacks Employed Five or More Attack Types
Verisign just released its Q3 2017 DDoS Trends Report, which represents a unique view into the attack trends unfolding online, through observations and insights derived from distributed denial of service (DDoS) attack mitigations enacted on behalf of Verisign DDoS Protection Services and security research conducted by Verisign Security Services. Verisign saw that 29 per cent of attacks in Q3 2017 employed five or more attack types; however, the number of attacks have decreased since Q2 2017. The largest volumetric and highest intensity DDoS attack observed by Verisign in Q3 2017 was a multi-vector attack that peaked approximately 2.5 Gigabits per second (Gbps) and around 1 Million packets per second (Mpps). This attack lasted approximately two and a half hours. The attack was notable because it consisted primarily of a wide range of attack vectors including TCP SYN and TCP RST floods; DNS, ICMP and Chargen Amplification attacks, and invalid packets. Key … [Read more...] about Q3 2017 DDoS Trends Report: 29 Pct of Attacks Employed Five or More Attack Types
Two-thirds of employers believe benefits affect engagement
A Navigos Search survey and report on benefits and Tet annual bonuses in 2017 found that 64.3 per cent of employers believe that good benefits affect employee engagement. Illustrative photo On the employees’ side, 62.5 per cent of respondents expressed the same opinion. Twenty-eight per cent of enterprises said that good benefits motivate employees to contribute to the company, with 31.2 per cent of employees agreeing.Employers and employees in IT, Operations / Assistance, Accountancy, and Customer Service have similar opinions about the Top 5 most important benefits, which include attractive salaries, attractive bonuses, and annual promotions.There are, however, differences in opinion about the Top 5 most important benefits between each sector. Sectors in creative field such as Advertising / Communications and Architecture / Interior Design tend to prioritize “Training Courses” in the Top 5, while Manufacturing selected “Company Trips” and Sales had … [Read more...] about Two-thirds of employers believe benefits affect engagement