VietNamNet Bridge - The number of 200,000 unemployed workers with higher education level, as reported by the Ministry of Labor, War Invalids and Social Affairs (MOLISA), is considered high if compared with the number of university graduates every year. There are 200,000 unemployed bachelor's degree graduates According to the Ministry of Education and Training (MOET), there are 1.1 million university and junior college students, with 300,000 graduates each year. Since 2015, the number of unemployed bachelor’s degree graduates has been stable at 200,000. The labor market receives 100,000 bachelor’s degree graduates a year. Unemployed workers’ means individuals aged 15 and higher who have working capability and demand, and are looking for jobs, but have not found them. One report shows that up to 60 percent of university graduates take jobs unrelated to their major. If so, only 15 percent of graduates can get jobs in their major. The high unemployment … [Read more...] about Number of unemployed university graduates in VN remains high
VietNamNet Bridge - Vietnamese livestock companies believe that foreign-invested enterprises are involved in the current pork price escalation, and that “the livestock industry may fall into foreigners’ hands just in one or two years”. The pork price has been escalating Tran Van Chien, director of Co Dong Livestock Cooperative in Hanoi, said there are ‘abnormal’ signs in the current price escalation which began one month ago. Vietnamese livestock companies believe that foreign-invested enterprises are involved in the current pork price escalation, and that “the livestock industry may fall into foreigners’ hands just in one or two years”. Chien warned at a conference one year ago that the pig price would plunge and bounce back again, but the profit would go to FIEs’ pockets, while Vietnamese farmers would be at a disadvantage. RELATED NEWS VN livestock industry in danger as imports are too cheap High feed prices cut … [Read more...] about Are FIEs the cause behind the increase in rising pork prices in VN?
Viet Nam News HÀ NỘI — The fourth Mining Việt Nam 2018, an international mining and minerals recovery exhibition and conference, will be held on April 18-20 at the International Centre for Exhibition in Hà Nội. Mining Việt Nam is considered one of the most trustworthy exhibitions in the mining industry in the country as well as Asia-Pacific region. “Since its first edition in 2012, with 3,290 industry attendees from 26 countries, the exhibition has become a bridge to effectively connect local and foreign firms as well as bring advanced technologies and machines to the market,” said BT Tee, general director of UBM VES Company, the exhibition’s organiser, at a press meet in Hà Nội on Thursday. Covering an area of more than 4,000sq.m, the exhibition is expected to attract 170 participants from 22 countries worldwide. Of this, 80 per cent are expected to be foreign companies from the UK, Czech Republic, Germany, … [Read more...] about VN to showcase mining technology
Viet Nam News HÀ NỘI — The VN Index, Việt Nam’s benchmark stock index, grew 19.33 per cent in the first three months of this year, becoming the best-performing market in the world, followed by Egypt with 15.52 per cent growth and Brazil with 11.73 per cent. The index ended March 31 at 1,174.46, up a staggering 200 points from the beginning of the year, which was the biggest gain worldwide. Việt Nam’s stock market has been upbeat since the second half of last year but the upward momentum slowed down after March 23 when the index surpassed its March 2007 peak. Rising volatility on the global markets and fears of a trade war between the two biggest economies—the US and China—dampened investor confidence. However, the local market still ended the first quarter strong, with optimistic medium and long-term forecasts put forward by securities companies, experts and investors. The VN-Index, a capitalisation-weighted index of all the … [Read more...] about VN-Index world’s top-performing market in Q1
Endangered cobras found in suitcases Hà Nam police on Wednesday discovered some 130kg of cobras inside three wheeled suitcases, a backpack and a paper box wrapped in black nylon. - Photo courtesy of Hà Nam Police Police in the northern province of Hà Nam on Wednesday made an extraordinary discovery: three cabin suitcases filled with venomous cobras. According to police sources, Trịnh Văn Nghị, 31, and his 30-year-old wife, Trần Thị Tuyền, from Hà Nam’s Thanh Liêm District were stopped by the police as they were passing Phủ Lý City. On examining their luggage, the police discovered some 130kg of cobras inside three wheeled suitcases, a backpack and a paper box wrapped in black nylon. The couple failed to present papers proving the legal origins of the animals, which were listed as an endangered species on Việt Nam’s Red List. Nghị told the police that a restaurant owner in HCM City had paid … [Read more...] about Social News 5/4