That was announced at the meeting with Deputy Chairman of the municipal People’s Committee Vo Van Hoan yesterday upon approval of the department’s plan. In addition to job creation, the Department planned to provide vocational training for 371,000 students as well as offering 300,000 jobs to employees and reduce poverty households by 0.4 percent. At the meeting, Mr. Hoan requested the Department to support foreign experts who are working for companies in the city by allowing them to enter Vietnam as soon as possible but still follow Covid-19 preventative measures. Simultaneously, the Department must take heed of training to workers and enhance connection between skilled employees with employers to satisfy enterprises’ demand of high quality workers. Additionally, the Department must pay attention to job creation for former drug addicts and apply friendly management in drug rehabilitation facilities. By Manh Hoa - Translated by Dan Thuy … [Read more...] about HCMC sets target of creating 140,000 new jobs in 2021
New horizons wealth management
Generali Vietnam launches new “More than just a place to work” people strategy
A poster of Generali Vietnam's new “More than just a place to work” people strategy. — Photo courtesy of Generali Vietnam Generali Vietnam officially launched its “More than just a place to work” people strategy, with an aim to become the best employer in the Viet Nam’s insurance and finance industry. The company is also running its Management Trainee programme, called Genext Challenge 2021, to recruit, train and develop young talent to meet its business growth needs in Viet Nam. The core of this strategy is the objective to build Generali Vietnam to be “more than just a place to work”, where every staff member can “learn – grow – live – thrive”. As part of the new strategy, Generali Vietnam will step up its training activities and programmes with practical, innovative and diverse content and formats, as well as reinforce a learning and development culture. The company constantly digitalises all human resources processes, including the registration and management of training … [Read more...] about Generali Vietnam launches new “More than just a place to work” people strategy
Bold new approach for digital banking
Bold new approach for digital banking (source: freepik.com) By Vu Thanh Minh and Ha Thanh An Lawyers, LNT & Partners In addition to a number of notable changes relating to opening bank accounts, long-awaited reform via Circular 16 is the detailed regulation on opening individual payment accounts at credit institutions by electronic know-your-customer (eKYC). This is the first legal instrument that provides detailed guidance on its implementation. The system is used to verify customer’s identity against the declared information in compliance with applicable laws and regulations, with support from video call and AI technologies such as face-matching for photos on ID card, or optical character recognition to read and extract information, instantly comparing personal information with a centralised database of user identity. Thus, bank account opening and customer onboarding become much easier, as customers do not need to go to a branch to open a bank account. In the past, … [Read more...] about Bold new approach for digital banking
Việt Nam issues new national strategy on gender equality
A music performance was held on Saturday to celebrate the International Women’s Day. — VNA/VNS Photo HÀ NỘI — Việt Nam expects to see women holding key leadership positions in 60 per cent of state management agencies and local administrations at all levels by 2025 and 75 per cent by 2030. The target was set in the National Strategy on Gender Equality for the 2021-30 period recently adopted by the government. The strategy also defined a number of new goals for the country to further make progress in gender equality in various areas and fulfil its Sustainable Development Goals (SDGs) by 2030. The number of paid women employees in Việt Nam will increase to 50 per cent by 2025 and around 60 per cent by 2030, while the percentage of women working in the agriculture sector among all employed women will decline to below 30 per cent by 2025 and less than 25 per cent by 2030. The rate of female directors or owners of businesses is expected to reach at least 27 per cent by 2025 and 30 … [Read more...] about Việt Nam issues new national strategy on gender equality
New Zealand purchases enough COVID-19 vaccines for whole country: PM
"The government has signed an advance purchase agreement for 8.5 million additional doses, enough to vaccinate 4.25 million people. The vaccines are expected to arrive in New Zealand during the second half of the year," Ardern told a press conference. "This brings our total Pfizer order to 10 million doses or enough for 5 million people to get the two shots needed to be fully vaccinated against COVID-19," she said. The government's original agreement with Pfizer was for approximately 1.5 million doses, enough to vaccinate 750,000 people. "It also means all New Zealanders will have the chance to access the same vaccine, Ardern said. "With every person who gets vaccinated, New Zealand gets one step closer to moving away from restrictions to manage COVID-19," the prime minster said, adding options are being worked for donating surplus doses to the Pacific and developing countries worldwide. "We are committed to ensuring that any doses not needed here are put to good use … [Read more...] about New Zealand purchases enough COVID-19 vaccines for whole country: PM