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Foreign investments act of 1991

Young South Koreans make a beeline for Vietnam as jobs dry up at home

June 11, 2019 by

"In South Korea, I can only look for jobs without much prestige, like a photocopy guy. So I decided to come to Vietnam and gain some work experience," Choi Chang-min, a 31-year-old South Korean man, told VnExpress. Choi has two bachelor’s degrees in international trade and finance and currently works as an executive assistant for a Korean company producing fashion garments for export in the northern province of Hung Yen, 54 km south of Hanoi. His main task is to make production plans and manage inventory. Choi is among 400 South Koreans who’ve moved to Vietnam to work under a program called K-Move, launched by the South Korean government to connect young Koreans to "quality jobs" in 70 countries. K-Move found overseas jobs for 5,783 graduates last year, more than triple the number in 2013, when it was first launched, Reuters reported. The unprecedented paucity of jobs at home has seen many young South Koreans, who account for about a fifth of the 51 … [Read more...] about Young South Koreans make a beeline for Vietnam as jobs dry up at home

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Vietnam’s top legislator begins official visit to Belarus

December 12, 2019 by

National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan and her entourage arrived at Minsk International Airport on December 12 morning, beginning a three-day official visit to Belarus. National Assembly Chairwoman Nguyen Thi Kim Ngan The trip is made at the invitation of Chairman of the Council of the Republic Mikhail Myasnikovich and Chairman of the House of Representatives of the NA of Belarus Vladimir Andreichenko. Welcoming the Vietnamese delegation at the airport were Deputy Chairman of the Council of the Republic Isachenko Anatoly Mikhailovich, other officials of the Council, and Vietnamese Ambassador to Belarus Pham Hai. The visiting delegation includes Deputy Prime Minister Vuong Dinh Hue, NA Vice Chairman Uong Chu Luu, Chairman of the NA’s Committee for External Relations Nguyen Van Giau, and NA Secretary General and Chairman of the NA Office Nguyen Hanh Phuc, among others. The first official trip to Belarus by Chairwoman Ngan aims to enhance the traditional … [Read more...] about Vietnam’s top legislator begins official visit to Belarus

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African Swine Fever challenges Vietnam’s animal feed producers

December 12, 2019 by

The Vietnamese animal feed market is considered very promising with the value of $6 billion a year. However, feed producers have faced difficulties because of African Swine Fever (ASF). Big investments The Vietnamese animal feed market is considered very promising with the value of $6 billion a year. However, feed producers have faced difficulties because of African Swine Fever (ASF). Not only CP, other enterprises, both Vietnamese and foreign, have poured tens of billions of dollars into plans to expand their production. Difficulties Luong Bang Vietnam's livestock exports expected to fetch US$1.2 billion this year The livestock and related sectors’ exports were worth US$855.4 million in the first nine months of the year and is expected to reach $1.2 billion for the year, according to the Ministry of Agriculture and Rural Development.   … [Read more...] about African Swine Fever challenges Vietnam’s animal feed producers

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