India software development

In a recent interview with the Vietnam News Agency on the occasion of the ongoing 13th National Party Congress, Nga said Vietnam has seen considerable improvement in gender equality goals over the last five years, standing in the sixth place globally in the proportion of women in business. It was also the only Asian country to be among the top 10 with the highest rate of women-led enterprises. She said the theme “Safety for women and children”, selected and launched by the VWU Central Committee in 2019, will continue into the future to uphold the role of women and VWU chapters at all levels. The VWU also pooled the involvement of departments, sectors, and society as a whole in ensuring the safety of women and girls. The VWU has received support from the Government, sectors, and mass organisations at the central and local levels, she said, which helped improve the lives of people and women in particular. … [Read more...] about Women union leader: Women contributing to national development

Hanoi (VNA) - Deeper integration into the global value chain while developing an increasingly independent and self-controlled economy are both a requirement and a solution to help Vietnam overcome the challenges to realise its goal of rapid and sustainable development, according to Party Central Committee member and Minister of Industry and Trade Tran Tuan Anh. Anh made the statement in his presentation at discussions on January 28 during the on-going 13th National Party Congress. Placing emphasis on the importance of the industrial sector, he said it has been a driver for socio-economic development and the realisation of the country’s industrialisation and modernisation. Along with the achievements brought about by the “Doi Moi” (Renewal) policy, he highlighted several challenges in industrial development. The sector at present mainly engages in simple, low-added value processes such as assembling, a shortage of uniform development, and suffers from loose links in … [Read more...] about Deeper integration into global value chain crucial: Minister

The aviation and tourism industry saw their workforce shrink by 30.4 percent in the first nine months of the year, while the figures were 29.9 percent for hotels, 17.4 percent for sports and entertainment, and 15.4 percent for the food and beverage industry. … [Read more...] about How Vietnam fought a pandemic and won

Hanoi (VNA) – The Asian Development Bank (ADB) has reported that it received 20.2 million USD from the Women Entrepreneurs Finance Initiative (We-Fi) in support of small and medium-sized enterprises (SMEs) led by women. Accordingly, nearly 5,000 SMEs will be given access to critical financing and training courses in both Vietnam and the Pacific during five years. It is the second time the ADB has received the second non-refundable aid from We-Fi to support the Women Accelerating Vibrant Enterprises in Southeast Asia and the Pacific (WAVES) programme. Women-led businesses comprise roughly 60 percent of all micro, small, and medium-sized enterprises in Asia and the Pacific. However, they face capital constraints, which hamper their growth and development. In April 2018,  the ADB received a 12.6 million USD grant from We-Fi - which is managed by the World Bank - to promote women entrepreneurship in Sri Lanka. The lender has been investing in women’s … [Read more...] about ADB funds over 20 mln USD for women-led SMEs

ADB also pointed out numerous factors affecting the economic growth, including US-China trade war and the ratification of the Comprehensive Progressive Trans-Pacific Partnership. According to the organization, manufacturing and private consumption sectors will be the next growth engine for Vietnam this year. … [Read more...] about Vietnam’s economy retains strong growth momentum: ADB