The country stood in 92nd place in the Global Talent Competitiveness Index (GTCI), an annual report compiled by international business school INSEAD with The Adecco Group and Tata Communications. The ranking measured 125 economies across the world in terms of their ability to attract, develop and incubate a talented workforce. Vietnam, classified in the lower-income group, scored 33.41 out of 100, only above its neighbor Cambodia, and poor and/or conflict-torn nations like Egypt, Pakistan and Yemen. The nation has been better at enabling talents than attracting or retaining them, said the report, which was released Monday. Political stability, good government-business relations, ease of doing business, ease of hiring personnel and the use of virtual social networks are factors that have contributed to boosting Vietnam’s talent competitiveness. However, the country of 95 million people, is also challenged by a variety of limits in terms of technology infrastructure, … [Read more...] about Vietnam not too good at attracting, retaining talent
Vietnam
Vietnam spends 5.8% of GDP on education
Vietnam allocates 5.8% of GDP per year on education and is one of the countries with great interest in education, a Vietnamese minister has said. Minister of Education and Training Phung Xuan Nha and key speakers at the World Education Forum 2019. Photo: VNA Vietnamese Minister of Education and Training Phung Xuan Nha revealed the information at the World Education Forum held in London on January 20-23, Vietnam News Agency reported. The minister added that if the family's contribution is included, this figure reaches 8% of GDP, showing an interest in education in every Vietnamese family. Vietnam's GDP increased 7.1% in 2018 to reach some US$240 billion. In recent years, the Vietnamese government's investment on education has been increasing, maintaining 20% of total budget expenditures, Nha noted. At the event, he talked about the relationship among teachers, families, students and the community to create a practical and effective education. Nha also mentioned three aspects, … [Read more...] about Vietnam spends 5.8% of GDP on education
Vietnam, Lithuania sign visa exemption agreement
Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and Lithuanian Minister of the Interior Eimutis Misiunas. Deputy Prime Minister and Foreign Minister Pham Binh Minh hosted a reception for Lithuanian Minister of the Interior Eimutis Misiunas in Hanoi on January 23, during which he applauded the recent progress in the two countries’ ties, including an official trip to Lithuania by Vice President Dang Thi Ngoc Thinh in October 2017 on the observance of the 25th founding anniversary of bilateral diplomatic relations. He also thanked the European nation for backing Vietnam’s candidacy for a non-permanent seat in the UN Security Council for 2020-2021. Minister Misiunas, in reply, said the Lithuanian Government values the traditional friendship between the two nations and pledges continued support for and promotion of comprehensive cooperation between Vietnam and the European Union (EU), including the early signing and ratification of the EU-Vietnam Free Trade … [Read more...] about Vietnam, Lithuania sign visa exemption agreement
Vietnam both victim and source of massive cyber attacks
A screenshot of Kaspersky's cyberthreat real-time map on Wednesday afternoon. On average, Vietnam suffered around 800,000 malicious code infections per day in January 2019, according to the global cyber threat real-time map of Kaspersky, a multinational cyber-security and anti-virus software developer headquartered in Russia. On January 21, the daily number of infections reached nearly 900,000. In Vietnam, 21.5 percent of Internet users face threats of cyber attack, the company estimates. Vietnam is also becoming one source of great cyber security threat in the world. In the fourth quarter of 2018, there were 992,952 online attacks that originated in Vietnam. As part of efforts to make Vietnam a safe cyberspace nation, Kaspersky has signed a memorandum of understanding with the Vietnam National Cyber Security Center (NCSC). It will allow the NCSC and other relevant agencies to review source codes, update and examine the components of Kaspersky Lab products via the Transparency Center … [Read more...] about Vietnam both victim and source of massive cyber attacks
Vietnam – favourite destination for RoK’s middle-aged tourists
Tourists visit Hoi An ancient town (Source: VNA) Seoul (VNA) – Vietnam has become an attractive destination for middle-aged tourists from the Republic of Korea (RoK), according to analysis by HanaTour - the largest travel company in the RoK. Analyzing data of more than 1,200 contracts made by Korean holiday-makers over the past five years, Hanoi, the central city of Da Nang, Hoi An ancient town in central Quang Nam province and Ha Long Bay in northern Quang Ninh province are always leading tourist attractions for Korean visitors. Guam and the Philippines are selected the most by Korean families which have children aged 1-7, thanks to short flying time (4-5 hours) and convenient services. The Philippines is also a top choice of most of families with children aged 8-13, together with Osaka of Japan. Japan is also a favourite destination for vacationers in the age group of 14-29 thanks to short distance between the two countries.-VNA … [Read more...] about Vietnam – favourite destination for RoK’s middle-aged tourists