Having modern technology and high-skilled labour, Duy Tan Plastic enters the high risk recycling industry with high confidence.
For mid-corporates in ASEAN looking to expand across the region, Vietnam offers a wealth of opportunities thanks to its growing domestic market, young and well-educated workforce, and rising middle-income class.
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Re-skill the labour force, strengthen digital connectivity and boost cooperation between public and private sector are the way forward for Vietnamese businesses to promote sustainable growth in 4.0 industrial revolution, according to Dinh Thi Quynh Van, General Director of PwC Vietnam.
Several FDI enterprises are still not seriously committed to the terms in the labour contracts, violating the rights of workers, which leads to massive labor disputes or collective work stoppage.
Owing to a higher, more stable income per capita and a more sustainable economic growth, a larger number of high skilled labour are required in Vietnam and it has generated hefty opportunities as well as stiff competition for international universities now and then.
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Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Vietnam will not only commit to open the market, remove tariff barrier, promote trade liberalization and facilitation but also promote the publicity and transparency of state management in market development.
The Asia-Pacific Economic Cooperation (APEC) economies will establish a common framework to manage the issue of labour mobility in the region, said Trần Việt Thái, Director of the Vietnam APEC Study Centre under the Ministry of Foreign Affairs.
