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Demand for workers in HCM City and other manufacturing hubs in the south has been high and rising after the Tet (Lunar New Year) holidays driven by a business recovery as COVID-19 recedes. A company in the southern province of Binh Duong advertises job openings. Photo laodong.vn Companies in the city’s industrial parks and export processing zones need around 12,000 workers, including 2,540 with a university degree, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA). Another 4,700 jobs are available for applicants with college and vocational education, and the rest are for manual workers, Hung Hua Quoc Hung, head of HEPZA, said. The textile and footwear sectors have the largest demand, he added. The HCM City Centre for Forecasting Manpower Needs and Labour Market Information said the city overall is expected to need 30,000 workers after the Tet holiday. Do Thanh Van, deputy director of the centre, said trade, services, textile and … [Read more...] about Labour demand up in the south after Tet as economy recovers

LONDON -- In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Last week, he sold it for $6.6 million. The video by digital artist Beeple, whose real name is Mike Winkelmann, was authenticated by blockchain, which serves as a digital signature to certify who owns it and that it is the original work. It’s a new type of digital asset - known as a non-fungible token (NFT) - that has exploded in popularity during the pandemic as enthusiasts and investors scramble to spend enormous sums of money on items that only exist online. Blockchain technology allows the items to be publicly authenticated as one-of-a-kind, unlike traditional online objects which can be endlessly reproduced. “You can go in the Louvre and take a picture of the Mona Lisa and you can have it there, but it doesn’t have any value because it doesn’t have the provenance or the history of the work,” said … [Read more...] about How a 10-second video clip sold for $6.6 million

The Hanoitimes - While the UK continues to be a potential market for Vietnam’s key export staples, the latter could be a springboard for British companies to reach a broader market in Southeast Asia. As the UK and Vietnam markets are highly complementary, trade relations between the two countries would ensure a win-win scenario for all parties involved, according to Vice Minister of Industry and Trade Hoang Quoc Vuong. Overview of the conference. Source: MoIT. As of one the world’s hubs of economy, politics, culture and science, the UK remains Vietnam’s priority economic partner, stated Mr. Vuong at a conference discussing opportunities for British and Vietnamese businesses on October 6. While the UK continues to be a potential market for Vietnam’s key export staples, including agricultural products, footwear, textile, phones and wood, among others, the latter could be  a gateway for British companies to access a broader market in ASEAN, added Mr. Vuong. … [Read more...] about Vietnam – UK trade cooperation is a win-win relationship

The session started off with a 11-point rise in the first 21 minutes of trading and remained in the green throughout the day before closing with a 17.7-point gain, the first double-digit point increase recorded in the last seven sessions. Trading volume on the Ho Chi Minh City Stock Exchange (HoSE), on which the index is based, rose 7.7 percent to VND16.02 trillion ($693.4 million), highest in the last 10 sessions. The bourse saw 358 stocks gain and 85 lose. VN-Index now needs another 0.67-percent gain to reach the 1,194-point peak it reached on January 15 before falling to the 1,020 range. The VN30 basket, comprising the 30 largest capped stocks on the HoSE, saw 27 tickers gain, leading with SBT of sugar producer Thanh Thanh Cong – Bien Hoa Jsc, up 5.5 percent. This is the first gain of the ticker after six consecutive losing sessions. It was followed by SSI of leading brokerage SSI Securities Corporation, up 5.4 percent, and BVH of insurance company Bao Viet Holdings, up … [Read more...] about VN-Index moves closer to January peak

A worker at clothing factory Haivina in Gia Lộc District, Hải Dương Province, is tested for COVID-19 before resuming work. — VNA/VNS Photo Mạnh Minh HÀ NỘI — With the local COVID-19 outbreaks gradually being brought under control, the northern province of Hải Dương will lift some restrictions in certain areas on March 3, after 15 days of stringent province-wide lockdown measures. Since January 27, the province has recorded over 600 COVID-19 local infections (nearly 300 have recovered), becoming the largest outbreak in the country since the pandemic began early last year, mostly centred around a number of hotspots. Phạm Xuân Thăng, Secretary of Hải Dương Party Committee, at Monday's meeting on COVID-19, said the outbreaks in the province are gradually being brought under control: “It’s time the fight against the pandemic turns to a new chapter, maintaining a balance between socio-economic development and keeping the pandemic in check." Hải Dương Party Committee said the … [Read more...] about Hải Dương starts to ease lockdown measures in places, enters ‘new normal’