Skilled workforce key to development
(Apr 18, 2015)
Viet Nam will not retain the advantage of cheap labour costs and target
developing a high quality and professional workforce, Deputy Minister of
Industry and Trade, Tran Tuan Anh, said.
Minister of Planning and Investment Bui Quang Vinh and Singaporean
Minister of Trade and Industry Lim Hng Kiang co-chaired the 11th
Ministerial Meeting on Viet Nam-Singapore Economic Connectivity in the
central province of Thua Thien-Hue yesterday.
Viet Nam and France have agreed on the necessity to remove trade
barriers in market approaches through bilateral dialogue, including Viet
Nam lifting a ban on French beef.
Free trade agreements (FTAs) between Viet Nam and the Eurasian Economic
Union, the Republic of Korea (RoK) and the European Union (EU) will be
signed in 2015.
Quy Nhon, a coastal city in this central province, will become one of
Viet Nam's sea economy centres and a core city of the country's central
region by 2035.
The central city of Da Nang continued to be the top performer in the
2014 Provincial Competitiveness Index (PCI), which was launched on April
Viet Nam was expected to maintain the second fastest growing economy in
ASEAN-5 in 2015, according to the International Monetary Fund's latest
World Economic Outlook.
Quality is to be top priority for the ongoing construction of the Urban
Railway Line 1 connecting Ben Thanh Market and Suoi Tien Theme Park,
Secretary of HCM City's Party Committee Le Thanh Hai said.
US enterprises have invested in 17 out of 21 industries in Viet Nam,
with the majority located in the accommodation and food service
industry, the Foreign Investment Agency under the Ministry of Planning
and Investment said.
Intellectual property law not only protects enterprises but also pushes
them to innovate, Deputy Head of the National Office of Intellectual
Property (NOIP) Le Ngoc Lam said.
Business executives from 60 companies in China's Macao Special
Administrative Region yesterday met with around 60 of their HCM City
counterparts to explore business opportunities and compare notes.