When his roommates turn the lights off to go to bed at 10 p.m., Hoang Minh is just starting his eight-hour shift at work. Sitting with a laptop on his bunk bed, the 21-year-old enters information about overseas orders his company has received into the system. "This job just needs hands and eyes," he says. Because of the Covid-19 outbreak, Minh was allowed to work from his room in Hanoi's Cau Giay District. But within two days the company required him to return to office since his output had been lower than normal. His salary has remained at VND6 million ($260) a month since he began working here since 2019. Hoang Minh doing his data entry work in his room in Hanoi's Cau Giay District. Photo courtesy of Minh. After dropping out of college, the young man from central Vietnam had been dreaming of working in the technology field, a job he perceived as "computer-related." But instead he ended up with a data entry job. After two months of working through the … [Read more...] about To quit or not: a Covid-19 dilemma for Vietnamese workers
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Samsung executive to visit Vietnam for investment expansion plans
Korean news agency Yonhap quoted industry sources as saying Lee will depart for Hanoi on October 20 and probably meet Vietnamese Prime Minister Nguyen Xuan Phuc to discuss investment plans. He is expected to inspect Samsung’s research and development center under construction in Hanoi, as well as the company's plants there, according to Yonhap. Lee, the de facto leader of Samsung, visited Vietnam in 2018 to inspect the company’s key smart phone production lines. He met with Vietnamese government and industry officials during the visit. Samsung runs its largest offshore smartphone production facilities in Vietnam. In September 2020 Samsung announced it will shift its sole TV production factory from China’s Tianjin city to Vietnam, Mexico, Hungary, Egypt, and several other potential venues in an effort to make its global production more efficient. … [Read more...] about Samsung executive to visit Vietnam for investment expansion plans
Trade between Vietnam and RCEP nations reaches US$240 billion
According to statistics released by the General Department of Vietnam Customs, China represents the largest market among the 14 RCEP countries that the nation has established trade ties with. Indeed, turnover between the two sides reached US$103.5 billion during the first 10 months of the year. Of the figure, the value of Vietnamese export commodities stood at US$37.9 billion, while the nation’s imports came to US$65.6 billion. Furthermore, two-way trade turnover with the RoK hit US$53.5 billion, including US$16 billion from Vietnamese exports and US$37.5 billion from its imports. Indeed, import and export trade turnover was recorded at more than US$32 billion with Japan, ASEAN at US$43.4 billion, Australia at US$6.77 billion and New Zealand at US$870 million. This comes following the RCEP being signed on November 14 by leaders of 15 countries from the Asia-Pacific region that make up 29% of global GDP. The pact was signed online by leaders of 10 ASEAN member states, along … [Read more...] about Trade between Vietnam and RCEP nations reaches US$240 billion