Log in
Social Affairs

Vietnam needs 104.6 billion USD for HR development

  • A
Jun 18, 2011 / 12:15 PM

The Hanoitmes - Vietnam will need around 2,135 trillion VND (104.6 billion USD) to develop human resources in the 2011-2020 period, said the Ministry of Planning and Investment.

The Hanoitmes - Vietnam will need around 2,135 trillion VND (104.6 billion USD) to develop human resources in the 2011-2020 period, said the Ministry of Planning and Investment.


The ministry’s fifth draft o­n human resources development looks to the capital from the State budget as well as from foreign investors and domestic people, organisations and businesses. Businesses from all economic sectors will be encouraged to increase direct investment in human resources training to become a major force in vocational training to meet their requirements.

Under the draft, the State also encourages economic groups and big corporations to set up or contribute capital to training establishments, including universities, colleges and vocational training schools. Businesses spending o­n building training establishments and regular personnel training will be exempted from corporate income tax.

Training establishments in economic, industrial and export processing zones will enjoy the same preferential policies like other businesses in the zones in additional to incentives for the education and training sector.

The ministry also proposed corporate income tax reduction and exemption in nine years for projects to build education and training establishments.
Reactions:
Share:
Trending
Most Viewed
Nearly 80,000 public employees receive benefits after early retirement

Nearly 80,000 public employees receive benefits after early retirement

According to the Ministry of Home Affairs, around 100,000 public employees will leave public service due to restructuring, including about 85,000 early retirees, from 2025 to 2027,

21 Dec, 07:30 AM
Vietnam to implement first child-centered Juvenile Justice Law in 2026

Vietnam to implement first child-centered Juvenile Justice Law in 2026

Vietnam has taken a major step toward child-centered justice with the adoption of the Juvenile Justice Law, a landmark outcome of four years of international cooperation aimed at strengthening protections for children across the criminal justice system.

18 Dec, 10:18 AM
Vietnam marks 25 years of ILO Convention commitment in labor law enforcement

Vietnam marks 25 years of ILO Convention commitment in labor law enforcement

Marking 25 years since ratifying ILO Convention No. 182, Vietnam and its international partners reaffirmed their commitment to harness labor law enforcement, particularly ending child labor amid remaining challenges.

17 Dec, 08:28 PM
15-year campaign builds a safer, more responsible traffic culture across Hanoi

15-year campaign builds a safer, more responsible traffic culture across Hanoi

After 15 years, a long-running traffic safety campaign continues to shape safer behavior and shared responsibility on Hanoi’s streets.

16 Dec, 09:28 PM
Border soldiers walk alongside children on Lai Chau’s hardships to school

Border soldiers walk alongside children on Lai Chau’s hardships to school

In Vietnam’s northern border highlands, many children begin their school day hours before sunrise, walking dangerous mountain paths to reach class. Behind their perseverance stands quiet, long-term support from border soldiers, teachers and local authorities.

15 Dec, 07:33 PM
PM requests emergency in house rebuilding for flood-hit residents 

PM requests emergency in house rebuilding for flood-hit residents 

The Government leader has called the mission a mandate from the heart, urging all authorities to act as a moral commitment to the people.

14 Dec, 08:25 PM
Two-tier local government model strengthens Hanoi’s efforts to end urban flooding

Two-tier local government model strengthens Hanoi’s efforts to end urban flooding

Associate Professor Nguyen Hong Tien analyzes why Hanoi still faces chronic flooding, explains weaknesses in drainage planning and implementation and outlines how the two-tier local government model can support long-term solutions.

10 Dec, 03:00 PM
PetroVietnam advances nationwide STEM classrooms to drive innovation and future talent

PetroVietnam advances nationwide STEM classrooms to drive innovation and future talent

PetroVietnam expands its STEM Innovation program to develop high-quality classrooms and strengthen Vietnam’s future workforce in science, technology and innovation.

07 Dec, 07:44 PM