Young entrepreneurs create more than three million jobs

8/28/2018 - 5:22:34 PM

Over the past three years, young entrepreneurs have created over three million jobs and generated more than US$25 billion in annual revenue, heard participants at the sixth national congress of the Vietnam Young Entrepreneurs Association (VYEA) for the 2018-2021 tenure which opened in Hanoi on August 27.

Deputy PM Vuong Dinh Hue (first from left) applauds an excellent young start-up entrepreneur at a ceremony held on the afternoon of August 27 (Photo: VGP)

The congress was attended by Deputy Prime Minister Vuong Dinh Hue, First Secretary of the Central Committee of the Ho Chi Minh Communist Youth Union Le Quoc Phong, and more than 700 delegates representing nearly 10,000 association members from across the country.

The participants reviewed the operation of the VYEA over the previous tenure, during which they affirmed that the association has maintained its role as one of the country’s largest business associations.

During the 2018-2021 tenure, the association intends to improve its operation at all levels with improved efficiency and professionalism, while actively participating in the creation of draft laws related to economics, the rights of economic components, start-up activities, and the fourth industrial revolution.

On the afternoon of the same day, the VYEA, in coordination with the Ho Chi Minh Communist Youth Union Central Committee, held a ceremony to honour 68 excellent young start-up entrepreneurs of 2018.

These 68 businesspeople were selected out of hundreds of nominees from across the country through three rounds of selection.

In 2017, the 68 entrepreneurs were responsible for the generation of VND2.865 trillion (US$123.19 million) in revenue and VND 147 billion (US$6.32 million) in profit, contributing VND 91 billion (US$3.91 million) to the State budget, and creating 4,100 jobs.

Source: NDO

The Program Organizing Committee informed the delegates about the potential and advantages of Hoa Binh

During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.

OCOP programme transforms Lac Son’s rural economy

The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.

Mai Chau district eyes turning Van Mai dam xanh fish into an OCOP product

The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.

Hoa Binh works to promote outstanding rural industrial products

Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.

Hoa Binh city effectively implements labour export tasks

In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.

Mai Chau’s bangana lemassoni fish receives official brand certification

An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.