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Samsung to collaborates with Việt Nam at 46th World Skills Competition in Shanghai

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Choi Joo-ho, President of Samsung Vietnam and Trương Anh Dũng ­– Director of the General Department of Vocational Training, signed the MoU. — Photo courtesy of Samsung Vietnam

HÀ NỘI — The General Department of Vocational Training and Samsung Vietnam on Thursday signed a Memorandum of Understanding (MoU) on the supporting programme for Vietnamese contestants and experts participating in the 46th World Skills Competition to take place in Shanghai, China.

This year, Samsung will continue to support contestants and experts in two vocations, including IT Software Solutions and Computer-Aided Design (CAD).

To create conditions for match-ups for contestants, as well as encourage teams to improve skills and accumulate experiences for the competition, for the first time, the Samsung Vocational Skills Training Center will host the Online Friendly Match between competing teams with the participation of the Việt Nam’s team.

The online friendly match competition also features teams from many nations such as Japan, China, Hong Kong, and South Korea, and is expected to facilitate high-competition friendly matches approximate to real competition games.

In addition, the content and format of this friendly match competition will closely follow and adhere to the regulations of the World Skills competition to bring the most realistic experiences for teams participating in this event.

Representing Việt Nam, the Vĩnh Long Mechanical Pedagogy University will participate in the friendly match of Electro-mechanics taking place this April.

They are the team that holds the Bronze Medal from the 2020 Việt Nam National Vocational Skills Competition in Electro-mechanics. It is expected that before the competition’s commencement in October, the Samsung Vocational Skills Center will continue to organise Friendly matches for other vocations.

Speaking at the ceremony, Trương Anh Dũng ­– Director of the General Department of Vocational Training, said: “Through signing this MoU, the General Department of Vocational Training will continue to closely and efficiently co-operate with Samsung Electronics Vietnam to continue the objective of achieving prizes at the 46th World Skills Competition in 2022. I have hope that this cooperation will bring favourable results, helping to strengthen the long-standing amicable relationship between the Vietnamese Government and the Korean Government.”

Choi Joo-ho, President of Samsung Vietnam, said: “The number of nourished talents in technology is the most important measure of firms’ and the nation’s competitive ability. Therefore, Samsung Vietnam is striving to train Việt Nam’s young technology talents, so they can contribute to the company’s success and step a big step forward and contribute to Việt Nam. We will proactively support the Việt Nam team so that its contestants of this year’s World Skills Competition reap the best results.”

With Samsung’s support, Việt Nam has reaped commendable achievements in the international vocational skills competition arena.

In 2015, at the World Skills Competition organised in Brazil, contestant Nguyễn Duy Thanh of IT Software Solutions received the bronze medal. It was also the first time that the Việt Nam team achieved a medal, after participating five times.

At the 44th World Skills Competition organised in 2017 in Abu Dhabi (UAE), contestant Trần Nguyễn Bá Phước was the sole contestant of the Việt Nam delegation to receive a bronze medal for IT Software Solutions Vocation.

Samsung Vietnam has supported Vietnamese contestants and experts in participating in the World Skills Competition since the 43rd World Skills Competition in 2015 in Sao Paulo, Brazil. Samsung Vietnam directly supported representative contestants to participate in training in South Korea.

Aside from supporting contestants in the World Skills Competition, Samsung Vietnam also executes many projects intending to improve the quality of Vietnamese human resources, such as donating Samsung Lab study rooms and supporting education for several universities to facilitate conditions for their students to access modern IT knowledge, as well as granting Samsung talent scholarships with opportunities to intern at the Samsung Vietnam Mobile phone Research and Development Centre. —

Source: https://vietnamnews.vn/economy/1175013/samsung-to-collaborates-with-viet-nam-at-46th-world-skills-competition-in-shanghai.html

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Vietnam’s 2022 economic growth projected at 7%

Vietnam’s GDP is likely to expand by around 7 percent in 2022, much higher than 2.58 percent growth of 2021.

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Minister of Planning and Investment Nguyen Chi Dung made the above statement at the Cabinet meeting in Hanoi on July 4.

With this scenario, the economy needs to expand 9 percent in the third quarter and 6.3 percent in the last quarter this year, the minister said.

In the first half, the Southeast Asian country’s GDP accelerated to 6.42 percent growth compared to the optimistic scenario of 5,1-5,7 percent as figured out in the Government’s Resolution No. 01/NQ-CP, dated January 01, 2021 on major tasks and solutions for implementation of socio – economic development plan and state budget estimate for 2022. 

Especially, the GDP grew 7.72 percent in the second quarter, which is the fastest growth pace for April-June period since 2011.

Earlier, the World Bank predicted Vietnam’s 2022 GDP growth at 5.5 percent if the COVID-19 pandemic is controlled.

The projection is lower than the Vietnamese Government’s predictions at 6.5-7 percent, HSBC at 6.5 percent and Standard Chartered at 6.7 percent.

Source: https://e.nhipcaudautu.vn/economy/vietnams-2022-economic-growth-projected-at-7-3346528/

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Dragon Capital buys 2.1 million shares of Sacombank

Asset management company Dragon Capital has bought 2.1 million shares of HCMC-based Sacombank, increasing its stake in the bank to 6.09 percent.

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On June 29, two affiliated funds, CTBC Vietnam Equity Fund and Norges Bank, bought 2.3 million shares of the lender while a third, Samsung Vietnam Securities Master Investment Trust, sold 200,000 shares.

The value of the deal is estimated at VND47.5 billion (US$2.03 million) based on the share’s closing price last Wednesday.

Funds under Dragon Capital own 114.8 million shares or a 6.09 percent stake in the bank.

In March, Dragon Capital had raised its stake from 4.98 percent to 5.05 percent, after its largest fund, Vietnam Enterprise Investment Limited, bought 1.25 million shares.

Source: VnExpress

Source: https://e.nhipcaudautu.vn/companies/dragon-capital-buys-21-million-shares-of-sacombank-3346515/

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Vietnam targets 7% GDP growth this year: minister

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HANOI — Vietnam is aiming for economic growth of 7% this year, the country’s planning and investment minister said on Monday, higher than an official target of 6.0%-6.5% set previously.

To achieve this, year-on-year economic growth in the third quarter needs to be 9.0% and in the fourth quarter 6.3%, minister Nguyen Chi Dung also said during a government meeting.

Dung said Vietnam’s budget was in surplus, giving scope for fiscal policy to be used to support businesses and residents.

“Credit institutions will need to further cut their lending interest rates to reduce input cost pressure for businesses and for the economy,” he said.

Vietnam, a regional manufacturing hub, started lifting its coronavirus curbs late last year, allowing factories to resume full operations.

The economy is recovering after growing only 2.58% last year, the slowest pace in decades.

The Southeast Asian country reported GDP growth of 7.72% in the second quarter, backed by strong export growth, but warned of upward inflation pressure for the rest of the year. 

Source: https://tuoitrenews.vn/news/business/20220704/vietnam-targets-7-gdp-growth-this-year-minister/67932.html

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