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
Prime Minister launches Digital Literacy for All platform

Prime Minister launches Digital Literacy for All platform

The platform is a key part of the "Digital Literacy for All" movement, aiming to equip citizens - especially those in remote areas - with essential digital skills.

26 Mar, 10:45 PM
Hanoi needs 120,000 workers in Q2 amid economic recovery

Hanoi needs 120,000 workers in Q2 amid economic recovery

Hiring demand in March in Hanoi had shown strong momentum.

26 Mar, 10:37 AM
Hanoi's health sector leverages high-tech for world-class standards

Hanoi's health sector leverages high-tech for world-class standards

Hanoi’s health sector, equipped with advanced technologies, digitally transforms management and develops smart healthcare models to meet increasing demand.

22 Mar, 09:51 PM
Hanoi targets smart government platform

Hanoi targets smart government platform

Hanoi is making fundamental changes in the method of handling administrative procedures.

21 Mar, 10:53 AM
Vietnam moves up the World Happiness Report 2025 rankings

Vietnam moves up the World Happiness Report 2025 rankings

The 2025 World Happiness Report is a joint effort by some of the world’s leading experts and researchers in well-being science.

20 Mar, 12:00 PM
Vietnam’s ministry revamps AI strategy to enhance public sector efficiency

Vietnam’s ministry revamps AI strategy to enhance public sector efficiency

Vietnam needs to adopt AI selectively, practically, and in line with actual conditions and specific needs in the public sector.

19 Mar, 09:32 PM
Hanoi trains Vientiane's vocational instructors

Hanoi trains Vientiane's vocational instructors

Five teachers from Vientiane, Laos will participate in a two-month training course in Hanoi to learn valuable experiences in vocational education.

18 Mar, 08:54 PM
Hanoi meets poverty reduction target ahead of schedule

Hanoi meets poverty reduction target ahead of schedule

Hanoi has implemented different programs aiming to spur socio-economic development in underdeveloped rural and mountainous areas.

18 Mar, 03:23 PM