Indian companies are increasingly looking at the lucrative Vietnamese market In mid-December, major Indian IT provider HCL Technologies announced its official foray into Vietnam, where it aims to boost employment, provide resources and skilling local talent to serve its global clients. HCL began operations in Vietnam in July with the goal of hiring more than 3,000 local university graduates and experienced professionals over the next three years. The company has set up its first delivery centre in Hanoi. From there, HCL will deliver advanced technology solutions to its global client base across several industries and verticals, including banking and financial services, healthcare, infrastructure, engineering, and cybersecurity. Another Indian company Sethia Hemraj Rice Oil Co., Ltd. is also ramping up its presence in the country. Surbhi Bachhawat Sethia, vice general director of the company, is upbeat about the fast-paced growth of Vietnam relying on an export-led growth … [Read more...] about Indian companies pin high hopes on Vietnamese market
Good counsel high school
Students tired of online learning
Seeing his son get excited about online learning, Thu decided to register him for an English online class run by an overseas Vietnamese who teaches via Zoom. However, the boy later said he was overloaded and tired of online learning. The same thing happened with her older son. “It was easier to study online last year, when by sons were in fourth and eighth grades. They prefer online study because they did not have to get up early to go to school. But things are different now,” she said. “As the kids are in the final grades of primary and secondary levels, they have to do more exercises and feel stressful,” she explained. As schools have closed amid the new Covid-19 outbreak and organized online classes, Thu has had to buy one more laptop for the younger son. They also need a smartphone, in case of computer troubles. Thu’s older son plans to take the entrance exam to the high school for the gifted, majoring in foreign languages. He has three learning periods in the … [Read more...] about Students tired of online learning
Vietnamese female CEOs listed among top global business leaders
The achievements of Vietnamese women “steering” large corporations have been recognized internationally. Nguyen Thi Bich Van In early 2021, on its Facebook page, IBM Vietnam for the first time announced the appointment of a female Vietnamese CEO to replace a foreign CEO who had been working for IBM for 25 years. The woman, Pham Thu Diep, is the first IBM’s ‘female general’ in the company's 25 years of operation in the Vietnamese market. It is now more common to see women managing large corporations in Vietnam such as Mai Kieu Lien, CEO of Vinamilk; Nguyen Thi Nga, president of BRG; Nguyen Thi Phuong Thao, CEO of Vietjet; and Le Thi Thu Thuy of VinFast are some of the names. However, becoming a CEO of a foreign invested technology firm is still rare in Vietnam. Before taking the office as CEO of a technology firm, Diep was a high ranking manager with 23 years of experience in the IT field. Starting her career at TRG International, she later held posts at Exact, which … [Read more...] about Vietnamese female CEOs listed among top global business leaders
VIETNAM BUSINESS NEWS FEB. 25
HCM City eyes 10 percent growth in export in 2021 Shrimps processed for export Ho Chi Minh City’s Department of Industry and Trade has set the target to export 48.19 billion USD worth of products in 2021, a year-on-year surge of 10 percent. Under its development plan for 2021 recently submitted to the municipal People’s Committee, the sector said import revenue is estimated at 56.47 billion USD for the whole year, up 11 percent against the previous year. Besides, it eyed to reel in more than 835.68 trillion VND (36.29 billion USD) from retail sales and services revenues in the year, up 10 percent year-on-year. The department said it will carry out necessary measures in a comprehensive fashion to branch out industry and trade, contributing to promoting economic recovery of the southern hub. Earlier, HCM City set a goal of boosting the export of its key products this year and beyond via trade promotion activities and assistance to enterprises. Head of the … [Read more...] about VIETNAM BUSINESS NEWS FEB. 25
Vietnamese fisherman scoops ‘heaven’s fortune’ from bottom of Mekong Delta river
For Lam Van Hoang, a fisherman from Vietnam's Mekong Delta province of An Giang who makes his catches by diving into local waterways, the region’s depleting fish populations are too precious to be wasted. Hoang, the fourth-generation diving fisherman in his family, is known in his hometown of Pho Ba Islet in Long Xuyen City as Ba Hoang, or Hoang the Otter, thanks to the abundant fishing experience he has built up over the years. Fishy dedication On a typical working day, the 54-year-old angler spends hours plunging into local waterways with just a diving rope wrapped around his body and an air hose between his teeth. Hoang begins each fishing session by dragging his ‘ chai ’ – a type of fishing net popular in the Mekong Delta – through the water while his wife holds the other end of the hose aboard a sampan and helps him pull the net. Hoang’s father, Ba Lung, is a seasoned diving fisherman credited with being the first on the islet to build an apparatus for diving. It … [Read more...] about Vietnamese fisherman scoops ‘heaven’s fortune’ from bottom of Mekong Delta river