Business News

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DPM HIGHLIGHTS IMPORTANCE OF INDUSTRY 4.0 AT ASSA 35

The fourth industrial revolution (Industry 4.0) requires social security network and insurance agencies to make drastic change and enhance the application of technology to meet demands of labor market and laborers.

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SOCIAL SECURITY NEEDS TO CHANGE AHEAD OF THE INDUSTRY 4.0

Social security mechanism and regulations will have to be changed since the fourth industrial revolution and free movement of labour have led to new kinds of jobs and ways of working, Deputy Prime Minister Vũ Đức Đam has said.

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NEW REGULATION ON WAGES ISSUED

The Government has issued a decree to update provisions of the Labour Code relating to wages. The newly issued decree, which will take effect from November 1 this year, details regulations for wage scales, payroll and labour productivity norms.

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KIEN GIANG PROVINCE CALLS FOR INVESTMENT IN 81 PROJECTS

The Mekong Delta province of Kien Giang is calling for investment in 81 projects in fields such as tourism, commerce, the environment and high-tech agriculture. Pham Vu Hong, chairman of the provincial People’s Committee, said the projects would run until 2020.

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ASEAN LEADERS HIGHLIGHT OPPORTUNITIES IN 4.0 INDUSTRY

Heads of state from across Southeast Asia on September 12 hailed the technological opportunities for the region in the Fourth Industrial Revolution (4IR).

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CHINA INCREASES INVESTMENT IN HCM CITY

Secretary of the HCM City Party’s Committee Nguyen Thien Nhan on September 16 received Chinese State Councilor and Foreign Minister Wang Yi.

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JOIN THE VOYAGE OF MARCO POLO AT THE REVERIE SAIGON

The Royal Pavilion and R&J Italian Lounge & Restaurant at The Reverie Saigon is once again presenting two specialty set dinners recognizing the legacy of the famed Venetian traveller Marco Polo until 30 September.

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HOW TECHNOLOGY FIRMS ARE TRANSFORMING THE OFFICE LANDSCAPE IN SEA

As growth in Southeast Asia's online economy gains pace, JLL projects that technology companies will drive office occupancy, potentially accounting for 15 to 25 per cent of annual gross office leasing volumes in the next decade, compared to about five to 10 per cent three years ago.

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HCM CITY MAINTAINS LEADING POSITION IN FDI ATTRACTION

Since policies to attract foreign direct investment (FDI) were applied from January 1, 1988, Ho Chi Minh City has led the way in luring investment. Statistics from the municipal People’s Committee show that after 30 years of FDI attraction, the city has hosted 7,700 FDI projects with a total capital of US$44.87 billion, clinching the first position in the field.