Doãn Mậu Diệp. — Photo tienphong.vn Doãn Mậu Diệp, Deputy Minister of Labour, Invalids and Social Affairs, speaks to the Tiền Phong (Vanguard) newspaper about how Việt Nam will revise the retirement age for workers or State employees How do you respond to a proposal that Việt Nam would raise the retirement age for its workers while many people in the working age still can’t find jobs? It is a real fact that in any labour market, job positions are always bigger than the actual number of working people. Yet, in all countries, many people are still unemployed. Japan is a good example. According to a national survey, there is only one candidate for four working positions while the unemployment rate in Japan currently stands at 2.4 per cent. In the real labour market, the mismatch between supply and demand happens in all countries, and Việt Nam is no exception. For example, in the Republic of Korea, the … [Read more...] about Why we have to increase the retirement age?
Vanguard target retirement 2020
Important trading partner General Department of Vietnam Customs data show that Thailand currently is Vietnam’s largest trading partner in ASEAN. Bilateral trade grew from US$11.5 billion in 2015 to US$15.3 billion in 2017, at an average annual rate of about 15.5 percent. In the first six months of 2018, bilateral trade reached US$8 billion, 14.7 percent higher compared with the first half of 2017. Statistics from the Thai side show Vietnam is currently Thailand’s second largest trading partner in ASEAN, after Malaysia. At the meeting, Minister Tran Tuan Anh affirmed Thailand’s importance to Vietnam in terms of both trade and investment, saying cooperation mechanisms between the two countries have proven effective. According to Minister Sontirat Sontijirawong, Thailand and Vietnam established diplomatic ties 42 years ago and the two countries upgraded bilateral relations to a strategic partnership in 2013. Both sides have maintained tight coordination to promote … [Read more...] about Vietnam, Thailand target US$20 billion in trade
HCM City sets a target to double its average income by 2020 and triple it by 2025, according to a master plan approved by the People’s Council on May 13. People are shopping at a supermarket in HCM City The city’s per capita income is expected to reach USD4,800 by 2015 and between 8,430 and USD8,822 by the end of 2020 and climb to USD14,000 by 2025. However, Vice Chairman of the HCM City People’s Committee Hua Ngoc Thuan said, “HCM City’s per capita income of USD4,800 was still much lower than that of many other cities in Asia in 2010. The USD8,500 per capita income targeted by 2020 would only be higher than the level of metropolitan Manila in 2010.” The 2025 target would only be marginally higher than the 2010 figures for Jakarta and Bangkok, he added. The council approved the income growth targets of 10-10.5% for the 2011- 2015 period set in the master plan. The rate will be 9.5 – 10% per year in the 2016-2020 period and 8.5% - 9% per … [Read more...] about HCM City aims to double per capita income by 2020
The government has set targets for economic growth of between 6.5% and 7% and total GDP of between VND30,621 trillion (US$1.37 trillion) and VND31,487 trillion (US$1.41 trillion) over the next five years. In a report submitted to the National Assembly recently, the government plans that in the 2016-2020 period State budget revenue will account for 21.8% of GDP, with tax and fee collections representing 20.2%. The State budget in the 2016-2020 period is targeted at 1.6-times higher than in the previous period, in which domestic revenues, excluding land use fees, will be at least double, thus increasing revenue from domestic sources to 2020 to 80% of total budget revenue. Budget revenues from domestic sources are to be increased and revenues from crude oil and trade reduced. Budget spending over the next five-year period is expected to account for 25.7% of GDP, or 1.5 times higher than in the previous five-year period. The government asked to continue with State budget … [Read more...] about Government targets 6.5-7% growth for 2016-2020
The head of the HCM City AIDS Prevention Centre has asked the Vietnam Network of People Living with HIV/AIDS to help the country reach the 90-90-90 targets set by the Joint United Nations Programme on HIV and AIDS to help end the AIDS epidemic by 2030. The Vietnam Network of People Living with HIV/AIDS has been asked to help the country reach the 90-90-90 targets (Photo: laodong.com.vn) Speaking at a forum on MSM (men who have sex with men) and transgendered people about the UN targets on October 10, Tieu Thi Thu Van, said that Vietnam was one of the first 30 countries to try to achieve the targets by 2020. The 90-90-90 goals ensure that at least 90 percent of all people with HIV will know their status, and that 90 percent of people diagnosed with HIV will receive sustained antiretroviral (ARV) therapy. In addition, 90 percent of all people receiving ARV therapy will be diagnosed with viral suppression. HCM City was chosen as one of 32 cities worldwide to … [Read more...] about Vietnam push to achieve UN’s AIDS targets