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Posts Tagged ‘management’

Market economy and State management

In Uncategorized on December 21, 2010 at 9:29 am

Market economy and State management

QĐND – Monday, December 20, 2010, 21:49 (GMT+7)

Vietnam’s socialist-oriented market economy has been operating according to both the market mechanism and administrative regulations.

In early 2010, while the world economy was still in a fix to bounce back, the Vietnamese Party, National Assembly and Government worked out solutions to help the national economy recover from the global economic slowdown. 

Methods included tightening public expenditure, implementing a stimulus package, increasing exports, encouraging domestic consumption, and improving social welfare, which helped stabilize the country’s socio-economy.

Over the past year, the prices of gold and foreign currency have seen fluctuations due to not only the world’s law of supply and demand but also speculation and rumours in the domestic market.

To deal with the problems, the State bank of Vietnam (SBV) introduced effective policies to clean up the gold trading market by allowing gold import, reducing gold import taxes, adjusting exchange rates, and publicizing the national foreign exchange reserve. These policies helped reduce the gold price instability and stabilize the price of foreign currency.

At the end of the year, while the Government is making every effort to curb inflation, many commercial banks joined a race to increase interest rates, creating a more complicated situation in the banking sector.

In response to the banks’ decisions, the Government and SBV imposed administrative measures to control the race. The Ministry of Finance and Industry and the Ministry of Industry and Trade also took the initiative to control prices by deciding not to raise prices of coal, electricity, petrol and oil until the Lunar New Year Festival.

Over 2010 many lessons were learned from the management of the socialist-oriented market economy.

Firstly, the socialist-oriented market economy offers an option for the Government to use policy to intervene in specific economic issues, making the economy more transparent, in accordance with the law of supply and demand. All experts and strategists need to do is to analyse the situation and propose effective measures to the Government.

Secondly, as important social and political events are about to take place in Vietnam and the Lunar New Year Festival is drawing near. Vietnam needs to be more active in stabilizing prices and introducing administrative measures to prevent price fever.

Thirdly, the Government should keep a close watch on the market to introduce proper policies. For example, the price-stabilising fund should be used to help businesses reserve commodities to meet consumer demand in both urban and rural areas.

Fourthly, the market management policies should be transparent and consistent to enhance social unanimity.

Lastly, Vietnam should uphold the active role of mass media to help stabilise the market by providing information and analyzing the market situation, as well as pointing out the deception of those who want to play on the market. This will also help minimize the negative impact on the market created by the mass media.

Despite being adversely affected by the world’s economic downturn and Europe’s debt crisis, Vietnam is expected to see a significant economic growth rate in 2010 with foreign investment remaining high. These achievements are attributed to the State’s effective management of the economy based on the law of the market.

Source: VOV

Source: QDND

Conference on water management opens in Hanoi

In Uncategorized on November 9, 2010 at 12:19 am

HR management still leaves room for improvement

In Uncategorized on November 8, 2010 at 4:05 pm

Education sector told to improve standards through management

In Uncategorized on July 31, 2010 at 7:18 pm

Education sector told to improve standards through management

QĐND – Saturday, July 31, 2010, 21:21 (GMT+7)

Vietnam’s education sector must improve its management if it is to raise standards, Deputy Prime Minister Nguyen Thien Nhan said on July 29 at a meeting in Hanoi.

In the 2009-10 academic year, about 92.57 percent of high school students passed the graduation exam – 8.97 percent higher than in the previous school year.

Nhan attributed the improvement to management programmes that had been introduced that academic year.

High school principals around the country underwent re-training courses that focused on leadership, while education managers learned how to adapt to being financially independent.

They were also told how to best promote their school’s achievements in terms of training quality, finance, infrastructure facilities and teaching/learning conditions.

Nhan said the Ministry of Education and Training should continue to implement programmes designed to boost educational management.

He said the focus should be on implementing new programmes for pre-schools that included a combination of different teaching methods, the application of e-learning, extra-training for students who were performing badly and boosting the management skills of staff.

Nhan also urged the ministry to work with provincial authorities on developing schools for gifted students to provide high-quality human resources for the country’s development, and said greater emphasis should be placed on foreign-language learning.

Education and Training Deputy Minister Nguyen Vinh Hien said at the meeting that up to 96.4 percent of pre-schools now apply information technology, while 82.8 percent are connected to the internet.

Secondary schools now meet universal standards, while more than half of all pre-schools have adopted educational programmes.

However, despite improvements in education, Hien said schools had yet to meet national development demand. He also said there was a teacher shortage, a lack of infrastructure, a high drop-out rate and too much emphasis placed on passive learning.

Source: VNA

Source: QDND

No final decision on change of management: BP

In Uncategorized on July 26, 2010 at 3:18 pm

LONDON, July 26, 2010 (AFP) – BP said Monday no final decision has been reached on a change of management, after reports claimed chief executive Tony Hayward would resign in the wake of the Gulf of Mexico oil spill disaster.

This still image from a live BP video feed shows a submersible(not seen) checking the integrity of the well head on July 25, 2010 in the Gulf of Mexico. AFP

The British energy giant said it noted “the press speculation over the weekend regarding potential changes to management” as well as the charge for the costs of the spill.

“BP confirms that no final decision has been made on these matters,” the company statement said.

It added that the board was meeting Monday evening ahead of the release of second quarter results on Tuesday.

“Any decisions will be announced as appropriate,” it said.

Source: SGGP

Community-based ecotourism management discussed

In Uncategorized on May 13, 2010 at 4:58 pm

Community-based ecotourism management discussed

QĐND – Thursday, May 13, 2010, 22:46 (GMT+7)

Delegates from nations in the Greater Mekong Sub-region (GMS) are discussing community-based ecotourism planning and management at a workshop in the ancient city of Hue, Thua Thien-Hue province.

The workshop from May 12-18 is part of a sustainable development programme among GMS nations – Cambodia, China, Laos, Myanmar, Thailand and Vietnam – to reach unanimous definitions in this field.

The workshop, sponsored by the Vietnamese Government and the Mekong Institute of Thailand, also includes field trips to community-based ecotourism sites in Vietnam , Laos and Thailand, helping map out an action programme on this kind of tourism among the GMS nations.

A series of reports dealing with the definition of community-based ecotourism management and planning, relations with poverty reduction and bio-diversity protection and an overview of eco-tourism in the sub-region were presented at the workshop.

Earlier, in last October, representatives from the Hue tourism vocational training school, Thailand’s Mekong Institute and tourist experts from GMS countries conducted field trips to ecotourism sites in Vietnam , Laos and Thailand.

Source: VNA

Source: QDND

Tertiary education management renewal campaign launched

In Uncategorized on March 24, 2010 at 5:09 am

Deputy Prime Minister and Minister of Education and Training Nguyen Thien Nhan has launched a campaign to reform tertiary education management for the 2010-2012 period, paving the way for changes in improving training quality in the higher education level.

Deputy PM Nhan also called upon all students, lecturers, education managers and authorities to actively involve in the campaign at a launching ceremony in Hanoi on March 6 to implement the Prime Minister’s instruction on the reform of tertiary education management in the 2010-2012 period..

Under the campaign, the ministry will hold monthly review on the implementation process and its each deputy ministers to monitor specific areas.

The video meeting drew nearly 1,400 representatives from relevant ministries and branches and senior officials from universities and colleges, education management agencies.

Vietnam now has 375 universities and colleges nationwide.

Source: SGGP Bookmark & Share

Tertiary education management reform launched

In policies on March 9, 2010 at 8:49 am

Tertiary education management reform launched

QĐND – Monday, March 08, 2010, 10:31 (GMT+7)

Deputy Prime Minister and Minister of Education and Training Nguyen Thien Nhan has launched a campaign to reform tertiary education management for the 2010-2012 period, paving the way for improving the quality of training in higher education.

Deputy PM Nhan also called upon all students, lecturers, education managers and authorities to set actively involved in the campaign at a launching ceremony in Hanoi on March 6 to implement the Prime Minister’s instructions on the reform of tertiary education management in the 2010-2012 period..

Under the campaign, the ministry will hold monthly reviews on the implementation process with each of its deputy ministers monitoring specific areas.

The video meeting drew nearly 1,400 representatives from relevant ministries and branches and senior officials from universities, colleges, and education management agencies.

Vietnam now has 375 universities and colleges nationwide.

Source: VOVNews/VNA

Source: QDND

Vietnam mayors learn world-class urban management

In Vietnam Society on December 15, 2009 at 9:57 am

The Vietnam Mayors Executive Education Program, jointly organized by the Academy of Management for Cities and Construction (AMC) and the World Bank Institute, opened December 14 in Hanoi to provide city leaders insight into modern urban management.

The program, the first of its kind in the country, provides a two-day training seminar for leaders of 35 cities in Vietnam along with presentations from leading local and foreign experts.

Eminent lecturers including Professor John Thomas of the Kennedy School of Government, Harvard University; Professor Stanley Nollen of the McDonough School of Business, Georgetown University; Professor Robert Cervero of the School of City and Regional Planning, University of California at Berkeley; and David Grossman, Director of International Programs of the International City/County Management Association, will participate.

City leaders will also exchange ideas on leadership and management through case discussions. The course will lead to the long-term development of the Vietnam Mayors Executive Education Program under the AMC with support from the World Bank Institute and in partnership with leading international universities and professional city management associations.

After finishing the course in Hanoi, participants will travel to the city of Incheon (Republic of Korea) to learn about its management innovations and competitiveness strategy.

The transition from a planned to a market economy is well known in Vietnam.  Equally impressive is the rural-urban transformation that is accompanying this transition. Attendant with the urbanization process has been a strong push for decentralization of service provision and urban management.

Managing the urbanization process in a way that will facilitate Vietnam’s socio-economic growth is emerging as a central pillar of the National Socio-Economic Development Strategy for 2011-2020.

For Vietnam, building the capacity of mayors to lead their cities and towns through this transformation process is critical to sustainable development because weak management and organizational performance undermine city competitiveness in the new global economy and the effective delivery of the public services that ultimately reduce poverty.    

Minister of Construction Nguyen Hong Quan and the World Bank Country Director for Vietnam Victoria Kwakwa, attended the program’s opening ceremony.

Source: SGGP Bookmark & Share

VN launches banking information management system

In Vietnam Banking Finance on September 23, 2009 at 11:34 am

A project to develop a financial sector modernization and information management system with funding from the World Bank and Japan was officially launched at a seminar held in Hanoi on Sept. 22-23.

The project, scheduled to last from now to 2014, has a total investment of over US$71.8 million, including US$60 million in loans from the WB, US$830,000 from the Japanese government, and the remainder from the Vietnamese State as counter-capital.

The project is designed to assist the State Bank of Vietnam (SBV), the Credit Information Centre (CIC) and Deposit Insurance of Vietnam (DIV) to improve operations to meet international regulations by increasing their institutional capacity and building a centralized information management system.

The project comprises three components with the first and the most important aiming to modernize the SBV and the two others focusing on the CIC and DIV.

Addressing the seminar, SBV Governor Nguyen Van Giau stressed that the project shows the WB’s timely and valuable support for Vietnam in general and the SBV in particular, especially in the context of the global economic slowdown.

He expressed thanks to the donors for their assistance to banking sector reform and pledged to effectively use the capital.

Banking and financial experts from the WB, Vietnam , Thailand and Sri Lanka discussed the risks of implementing the project, financial management mechanisms, policies and procedures for procurement bidding on the project, and heard about experiences from Thailand and Sri Lanka .

According to the SBV, the central bank and WB signed ten projects and preferential loans worth nearly US$1.5 billion for the 2009 fiscal year.

At a signing ceremony for an urban upgrade project early this month, the WB Vietnam Director, Victoria Kwakwa, said that with the two sides’ efforts, WB’s loans provided to Vietnam in the 2010 fiscal year would reach US$2 billion.

Source: SGGP