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“High EQ is now the gold standard for leaders through this potentially stressful period. We recommend investing time in deep listening combined with the ability to minimize quick judgment and refraining from providing only advice. Promote a culture of compassion and caring will help keep your people motivated, engaged and productive,” he said.  Hanoitimes … [Read more...] about Vietnam’s IT employees expect to work on solutions to crises similar to Covid-19

Don Lam, co-founder and CEO of investment fund VinaCapital, said the COVID-19 crisis exposed serious weaknesses in many supply chains around the world, and the WTO predicts that the pandemic to cause a 30 per cent fall in global FDI flows. The world has in fact been slowly de-globalising since the financial crisis of 2008, he said. … [Read more...] about Vietnam expects imminent new wave of foreign investment

Meanwhile, state budget expenditures in the seven-month period totaled VND855.5 trillion (US$36.83 billion), equivalent to 49% of the year's plan and up 10.1% year-on-year. Of the total, regular spending reached 55.8% of the plan, capital expenditure 40.8%, and interest payment57.8%. Hanoitimes  … [Read more...] about Vietnam gov’t spends nearly US$770 million to support efforts against Covid-19

Hòa, born in 1972, holds a Master's in Aviation Safety. He started working at Vietnam Airlines in 1995. Hòa was the Deputy General Director of Vietnam Airlines and Chairman of the Board of Members of Vietnam Airport Ground Services Company Limited (VIAGS). … [Read more...] about Vietnam Airlines has new chairman

Hanoi (VNS/VNA) - Economists have predicted the resurgence of the COVID-19 pandemic could leave Vietnam facing its lowest level of economic growth in 35 years. After 99 days without any new cases of community transmission, a local infection was confirmed in Da Nang on July 25 and the virus has since spread around the country and caused 15 fatalities, greatly impacting economic activities. According to many experts, the return of the virus will immediately eclipse the glimmer of hope for an early recovery for the tourism industry. Dinh Trong Thinh, a lecturer of the Academy of Finance, said: “If the pandemic is not well controlled this time, the economic impact will be very large due to the bigger scale.” Thinh added the local economy was under great pressure from weak demand for goods, products and services and it was facing the risk of interrupted production and service supply capacity. “The cost of fighting against the new wave of the … [Read more...] about Vietnam faces lowest growth in 35 years