Shift production supervisor

Trà Vinh Province plans to create large-scale rice fields to increase productivity. — VNA/VNS Photo Lê Minh Sơn Viet Nam News TRÀ VINH— The Mekong Delta province of Trà Vinh plans to increase the production values of the agro-forestry-fishery sector by more than 4 per cent by 2020, according to the provincial People’s Committee. At a conference reviewing the last five years of agricultural restructuring, Kim Ngọc Thái, the committee’s vice chairman, said that labour productivity would increase by more than 5 per cent by 2020. The number of rural labourers in the sector would be under 40 per cent, while the number of trained labourers in agriculture would increase to nearly 50 per cent, according to Thái. Moreover, the province aims to double the income of local residents by 2020 against the level in 2013. To obtain the targets, the province’s project on agricultural restructuring will be carried out by improving the added value of agricultural products and … [Read more...] about Trà Vinh seeks higher labour productivity

Growth of minimum wage, CPI, and per capita GDP in Việt Nam in 2008-16 period. Viet Nam News HÀ NỘI — While labour productivity in Việt Nam remains low compared with neighbouring countries, the drastically disproportionate increase of minimum wage and wages might harm the competitiveness of businesses and the development of the country. The minimum wage grew at double-digit annual rates from 2007-2015, outpacing that of per-capita GDP and the consumer price index. These findings were revealed in a report by the Việt Nam Institute for Economic and Policy Research (VEPR) and Japanese economic experts which was released on Wednesday in Hà Nội at the workshop “Labour productivity and wage growth in Việt Nam.” Futoshi Yamauchi, senior economist from the World Bank, and member of the research team, said Việt Nam’s minimum wage increases can have more negative effects than positive, citing the finding which showed an increase of 100 per cent would cause profits over revenue of … [Read more...] about Minimum wage in Việt Nam rises, productivity stagnates

Production shift from China benefits Vietnam’s industrial market: CBRE By Thanh Thom Workers produce earphones at a plant owned by electronics giant Samsung Vietnam. Vietnam enjoy considerable advantages in the production shift away from China – PHOTO: VNA HCMC – Looking at the remainder of this year and 2020, property service provider CB Richard Ellis (CBRE) Vietnam has forecast an increase in industrial supply across Vietnam, benefitting from the production shift away from China. CBRE said in a recent statement that it had recorded an increase in production moving from China to alternative locations in Southeast Asia, including Vietnam, last year. While this trend is not new to many as production costs in China continue to rise, making relocation seem like a financially viable choice to many manufacturers, there are some other major drivers worth considering as well. According to a November 2018 survey conducted by the UBS Evidence Lab, which collected … [Read more...] about Production shift from China benefits Vietnam’s industrial market: CBRE

Low productivity hinders new economic growth model By Thuy Dung Ousmane Dione, country director of the World Bank in Vietnam, delivers his opening remarks at the workshop in Hanoi on March 20 – PHOTO: WB HANOI – Low labor productivity is a bottleneck to Vietnam’s new economic growth model. To escape the middle-income trap and make a successful breakthrough in the 2021-2045 period, the country’s total-factor productivity (TFP) should grow by 2.67%, noted Vu Viet Ngoan, head of the Prime Minister’s Economic Advisory Group. Ngoan as a veteran economist made the point during the workshop, “the Vietnam Economic Growth Model in the 2021-2030 period, with a vision to 2045,” which was jointly held in Hanoi on Wednesday by the Vietnam Academy of Social Sciences (VASS), the PM’s Economic Advisory Group, the Ho Chi Minh National Academy of Politics, the World Bank and the Australian Embassy in Vietnam. Vietnam has set its strategic objectives to become an upper middle-income … [Read more...] about Low productivity hinders new economic growth model

Mid-sized corporates need new strategies to capitalize on major shifts: Standard Chartered By Pham Nhat An employee is at work in a local firm. According to Standard Chartered, digitalization, regionalization and capital management are the key to realizing the country’s growth ambitions – PHOTO: THANH HOA HCMC – Mid-sized corporates in Vietnam and other ASEAN countries need to devise new strategies, from digitalization to partnerships and overseas ventures, to build growth against major shifts in their respective sectors, according to a thought leadership report by London-based Standard Chartered Bank. The report, called “ASEAN – a region facing disruption: positioning mid-corporates for growth in Southeast Asia,” also identifies talent, culture, technology and capital management as key pillars to support the development of these new strategies. This conclusion was reached after examining how transformational shifts, such as trade tensions and the rise of digital … [Read more...] about Mid-sized corporates need new strategies to capitalize on major shifts: Standard Chartered

An organic red-flesh dragon fruit orchard in Long An Province’s Chau Thanh District. The fruit is a popular variety grown in the districts Chau Thanh, Tan Tru and Thu Thua and Tan An City in Long An Province. — VNA/VNS Photo Bui Giang Digital transformation in agriculture increases production efficiency and offers consumers greater transparency about food products. However, progress remains sluggish in Viet Nam, and more research is needed. Bo Xuan Hiep reports. Farmer Le Van Chin from the southern province of Long An recently livestreamed an advert about his cooperative’s red-flesh dragon fruit on his Facebook page. “Hi everyone! Here is the dragon fruit garden of Que My Thanh Cooperative. After 25 days of harvest, it has a thin peel and red flesh. Rest assured we never use any harmful chemicals to spray the fruit. We guarantee that it is healthy and tasty,” he told viewers. “I livestream various stages such as farming, harvesting and packaging to create consumer confidence … [Read more...] about Farmers embrace livestreams, high-tech advances in push for better quality, productivity

Shrimp breeding and rice cultivation are rotated on the same field in Kiên Giang Province’s An Biên District. - Photo nhandan.com.vn Viet Nam News HCM CITY – Kiên Giang Province, the country’s largest rice producer, plans to shift 86,625ha of unproductive rice fields to aquaculture and cultivation of other high-value crops from now to 2020. Of the rice fields, 3,420ha will be used to grow perennial trees, 10,492ha for short-term crops, and 72,713ha for rotating shrimp and rice or fish and rice on the same field, according to the province’s Department of Agriculture and Rural Development. Mai An Nhịn, deputy director of the department, said the conversion of rice fields was being done to suit the ecology of each area. This will increase income for farmers and establish concentrated agricultural and aquaculture areas that meet market demand, he said. The Cửu Long (Mekong) Delta province has instructed agencies to set up detailed plans to convert the rice fields and has also … [Read more...] about Kiên Giang to shift rice fields to aquaculture

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Industry reports say that Pegatron is seeing reduced orders for the iPhone 12 mini , while Apple has charged Foxconn with making more of the iPhone 12 Pro series. Despite recently expanding its manufacturing capacity, Pegatron was already facing a slowdown in orders from Apple over its alleged student labor violations. Now it has also seen a reduction in orders, with Apple reportedly requiring fewer of the iPhone 12 mini. According to Digitimes , Pegatron has seen a slowdown in orders for the smallest iPhone, blamed on the coronavirus affecting demand in the US and Europe. Citing unnamed market observers, Digitimes separately reports that Foxconn has received an increase in orders for its production of the iPhone 12 Pro and iPhone 12 Pro Max . … [Read more...] about Apple shifts more production from iPhone 12 mini, to iPhone 12 Pro

Social enterprises seek opportunities at a workshop on collaboration and growth held on Friday by the Centre for Promotion of Quality of Life in HCM City. -VNS Photo Gia Lộc Viet Nam News HCM CITY — Six of 31 community-based organisations (CBOs) that serve people in HIV at-risk groups in the country’s southern region are becoming social enterprises, moving from free services to fee-based models, as international aid for HIV/AIDS prevention to Việt Nam will end in several years. The CBOs that serve HIV at-risk groups, which number around 135,000 people, have depended on international aid for years, but now must seek other sources to maintain services. Speaking at a workshop held on Friday in HCM City, Phạm Thị Thùy Chi, an independent counsellor for developing organisations and companies, said that social enterprises formed from CBOs have a deep understanding about the needs of the groups they serve, but they lack professional administrative knowledge. Phạm Hồng … [Read more...] about Community organisations serving HIV at-risk groups shift to fee-based business model

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple has informed partner suppliers that it has reduced iPhone 12 mini production plans for the first half of 2021, with manufacturing of some specialty parts suspended altogether, according to a report on Wednesday. Citing industry sources familiar with the matter, Nikkei reports major suppliers were recently informed of the production shift that marks a change in Apple's procurement strategy. Prior to the reported downward revision, the tech giant was aggressively buying semiconductors, printed circuit boards and displays amid a worldwide parts shortage. Apple is targeting output at around 75 million iPhone units for the first half of 2021, down 20% from December 2020, the report says. Much of that downgrade is blamed on iPhone 12 mini. Nikkei sources note … [Read more...] about Apple reportedly cuts iPhone 12 mini production amid tepid demand