Social mobility

Two H’mong ethnic minority women in the northern mountainous province of Lào Cai’s Bắc Hà District. A new report on social mobility and equality shows that ethnic minority groups are still trailing behind the majority Kinh ethnic group in access to skill learning and subsequently better employment. — VNS Photo Việt Thanh Viet Nam News HÀ NỘI – Though Việt Nam’s economy has grown rapidly over the last decade, social mobility is lagging as the country’s poor still lack access to learn new skills and gain better jobs. A new report "Social Mobility and Equality of Opportunity in Việt Nam: Trends and Impact factors” launched by Oxfam on Thursday highlighted the problem and the threat it poses to the country’s sustainable growth. The report consolidates data from the Việt Nam Household Living Standards Survey 2004 -14 and interviews with about 700 people over the last two years in three provinces of Lào Cai, Nghệ An and Đắk Nông in the north, central and Central Highland regions, … [Read more...] about Việt Nam social mobility slowing: report

toihen.vn, a website which connects people at risk of HIV to community-based organisations for their support related to HIV testing. – VNS Photo Khánh Dương Viet Nam News HÀ NỘI - Digital technology and social media are powerful in supporting Việt Nam’s goal to eliminate HIV by 2030, it was announced at a forum yesterday. The forum was held in Hà Nội to discuss the potential of Việt Nam’s growing social media ecosystem to boost HIV control. The workshop brought the government, the private sector, and communities together to discuss how to further integrate HIV services and support into the digital age. Dr Phan Thị Thu Hương, vice director of Việt Nam Administration of HIV/AIDS Control, said that over 50 per cent of Vietnamese people have access to the internet, and a majority of them use social media. “We need to find creative ways to reach them through new and exciting social media channels,” she said. Lê Minh Thành, director of social enterprise G-link, … [Read more...] about VN takes to social media to control HIV/AIDS

VN social security needs change: UN (01-12-2006) HA NOI — The need to rethink Viet Nam’s approach to social security is becoming increasingly apparent as the country’s income levels continue to rise, said UN Resident Co-ordinator John Hendra yesterday. At a UN-hosted international workshop on the development of social security systems for human development, Hendra said the rapid formation of national markets and greater participation in regional and global economies had accelerated existing trends towards social and geographic mobility. As a result, said Hendra, "Vietnamese people are increasingly dependent on wages and salaries", instead of the safety provided by co-operatives and State-owned enterprises. Concern for welfare of the poor is nothing new in Viet Nam. "The principles of universal access to education, healthcare and a safe environment are deeply engrained in Vietnamese social and political culture," Hendra said. Conditions, though, had changed, said … [Read more...] about VN social security needs change: UN

New Vietnamese social network launched The Saigon Times Daily A screenshot of the Lotus user interface. Social network Lotus, which was developed for Vietnamese users, was launched on August 20 – PHOTO: VNA HCMC - Vietnam Communications Corporation (VCCorp) yesterday launched social network platform Lotus to serve local users, with an initial investment of VND700 billion backed by VCCorp and local investors. The social networking site was established, funded and developed by VCCorp with financial contributions from local individual and institutional investors. The beta version of the social network will be officially launched on September 16, Nguyen The Tan, general director of VCCorp, told a press briefing on August 20. VCCorp also plans to call for additional investment of VND500 billion in the first phase to develop the project over the long term, Tan said. The project was developed by over 200 VCCorp technical engineers operating in the fields of mobile … [Read more...] about New Vietnamese social network launched

The People’s Court in the Mekong Delta city of Cần Thơ sentences one foreigner and three Vietnamese to prison for cheating 37 people of some VNĐ5.3 billion (US$235,500) via social network Facebook. - Photo baomoi.com Viet Nam News CẦN THƠ — The People’s Court in Mekong Delta’s Cần Thơ City sentenced one foreigner and three Vietnamese to prison for cheating 37 people of some VNĐ5.3 billion (US$235,500) via social network Facebook . Nigerian Micheal Ikechukwu Leonard, 45, head of the ring, was sentenced to 18 years in prison for appropriating property. Huỳnh Hạ Bình, 27, Nguyễn Trần Quỳnh Nhi, 26, and Huỳnh Hạ Uyển, 25, from HCM City, received 10-15 years in prison for the same crime, the online newspaper Vietnamplus reported. The court has ordered them to return the money to the victims. According to the indictment of the People’s Procuracy of Cần Thơ City, in August 2014, Bình became acquainted with Leonard via the Internet. Bình then went to Cambodia, where they … [Read more...] about Cần Thơ court sentences four to prison for fraud

By April 24, 2018, all mobile subscriptions activated before April 24, 2017 must be registered with accurate information about the owners including name, identification number and a profile picture. Otherwise, telecommunication service providers will block incoming calls after 15 days and stop providing services in the next 15 days.— VNS Photo Đoàn Tùng Viet Nam News HÀ NỘI –Mobile subscribers may have their SIM cards deactivated if they fail to submit profile photos following a new regulation. Decree 49, issued last year, stipulates that by April 24, 2018, all mobile subscriptions activated before April 24, 2017 have to be registered with accurate information of owners including name, identification number and a profile picture. If they fail to register, the providers will block incoming calls after 15 days and stop providing services in the next 15 days. Viettel said that their only strategy for encouraging customers to comply with the regulation was providing sufficient … [Read more...] about No photo, no phone: Customers may lose service

Phạm Xuân Hòe, deputy director of the Banking Strategy Institute under the State Bank of Việt Nam. — Photo banking.org.vn Viet Nam News Phạm Xuân Hòe, deputy director of the Banking Strategy Institute (under the State Bank of Việt Nam), speaks to Thời báo Kinh doanh (Business Times) about measures to help people living in remote areas get access to digital financial services. How we are progressing with the goal of promoting digital banking in remote areas of the country? More than 40 banks across the country are now providing digital financial services on mobile phones. However, people in remote areas are still having difficulty accessing these services. The most fundamental obstacle is that the services provided by financial institutions and People’s Credit Funds – including banks – are not simple enough, not suitable for people living in remote areas. Direct facial recognition is still a requirement for performing transactions at banks, without it, it would be … [Read more...] about Helping low-income people approach digital finance

No restrictions in anticorruption drive: Party chief, State President The Saigon Times Daily Party General Secretary and State President Nguyen Phu Trong – PHOTO: VNA HCMC – Strict sanctions against multiple officials and Party members for graft cases and economic mismanagement demonstrate that there are no restrictions in the graft fight, Party General Secretary and State President Nguyen Phu Trong told the Vietnam News Agency in a recent interview. Law enforcement agencies, according to the leader, have taken an active part in the fight against corruption and sped up the handling of serious and complex graft and economic mismanagement cases, especially those in the fields of oil and gas, banking and public asset and land management. The anticorruption drive is a long-term struggle that requires resolve, patience and scientific methods for the purity and prestige of the Party, the sustainable development of the country and the happiness of the people, he stated. … [Read more...] about No restrictions in anticorruption drive: Party chief, State President

NCB reports triple pre-tax profit rise National Citizen Bank (NCB) recorded pre-tax profit of nearly VND91 billion (US$3.9 million) last year, a three-fold increase from the previous year, according to the bank’s financial report. However, the bank’s handsome profit did not come from its net interest income, which dropped by 12% over 2017. By December 31 last year, NCB’s total assets had reached more than VND72.4 trillion, a slight increase of 0.8% versus early last year. Of which, loans increased 11.1% to hit VND35.3 trillion, while its deposits and lending at other credit institutions fell 29% to some VND6.7 trillion. The bank mobilized nearly VND 47.1 trillion from depositors last year, up 3.1% against 2017. NCB’s impressive business results prove its efforts in restructuring and diversifying its services. Its service fees and net revenue from services grew by a staggering 40%. The bank’s bad debt ratio was 1.67%. The impressive business results have boosted … [Read more...] about NCB reports triple pre-tax profit rise

Talks, visit to US bodes well for bilateral co-operation: PM Khai (23-06-2005) PM Khai and US Secretary of Commerce Carlos Gutierrez witness the signing of a contract for Vietnam Airlines’ purchase of four Boeing Dreamliner aircraft. — VNA/VNS Photo The Thuan WASHINGTON — Talks between Prime Minister Phan Van Khai and President George W Bush are a positive sign of increasing bilateral co-operation, the PM told a US business group on Tuesday. The talks also mean a future of equitable relations, respect for each other and co-operation for mutual interests, Khai said at a meeting that gathered representatives from US business sectors. Major business contracts have been signed, but Khai reiterated that the scale of co-operation remains small. As the US is an economic power, there is great potential for increased co-operation in economics, culture, science and technology. However, it is hoped that PM Khai’s visit will brighten those ties. Khai said at the … [Read more...] about Talks, visit to US bodes well for bilateral co-operation: PM Khai