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The Enduring Importance of International Workers’ Day

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A Historical Milestone for Workers’ Rights International Workers’ Day has its roots in the late 19th century, emerging from the workers’ rights movement in the US. Over time, it has become a global day of action, with workers around the world uniting to fight for fair and just treatment. In Vietnam, May 1, 1930, marks a significant date in history when the country’s working class, led by the Communist Party of Vietnam, took to the streets to demand better working conditions, higher wages, and reduced working hours. Their struggle, though challenging, paved the way for a pivotal chapter in the workers’ movement, culminating in the powerful Nghe Tinh Soviet movement. The 2023 launch of the Action Month on Occupational Safety and Health marked a significant step forward. Following the August Revolution in 1945, President Ho Chi Minh demonstrated his respect for the contributions of workers by issuing a decree recognizing May 1 as a fully-paid public holiday. This acknowledgme...
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Imexpharm Aims High: Setting Bold Growth Targets at 2025 Shareholders Meeting

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2024: A Year of Resilience and Market Leadership in the Face of Volatility Mr. Sung Min Woo, Chairman of the Board of Directors (BOD), set the tone for the AGM with his opening remarks: “2024 was a year of global uncertainty and market volatility. However, through the unified efforts of our Board of Management and dedicated employees, Imexpharm achieved remarkable results, outperforming the market. As we move forward, 2025 marks a pivotal year in our long-term vision to become a leading Asian pharmaceutical company, with a focus on high-tech, high-value-added products that can compete on a global scale.” Imexpharm’s performance in 2024 was impressive, with a net revenue of VND2,205 billion, reflecting an 11% year-on-year increase. The ETC channel shone with a remarkable 56% growth, and revenue from EU-GMP standard injectable products contributed significantly, accounting for 33% of the total. EBITDA climbed to VND521 billion, a 12% increase, and the EBITDA margin stood at an impress...
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Streamlining the State Apparatus: Unleashing the Potential for Development

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NA Deputy Truong Xuan Cu – Hanoi Constituency Streamlining State Management: A Strategic Imperative for Vietnam’s Development As Vietnam embarks on a new era of growth, reforming the state management apparatus is crucial to unlocking the country’s long-term strategic development. This reform is not just an option but a necessity, and it may even be a pivotal factor in the nation’s ascent. An efficient and streamlined administrative system is the cornerstone of any progressive nation. It fosters creativity, removes bottlenecks, and enables the country to function with precision and stability. Our resolve to undertake this transformation is unwavering, and we are committed to ensuring it permeates not just the government but also Party organizations at all levels, from the central to the grassroots. This comprehensive overhaul of the political system involves merging provinces, eliminating district-level administration, and rationalizing the number of communes. With 63 prov...
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The Captivating Night Sky: A National Day Extravaganza

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Celebrating 70 years of Independence: Hanoi’s Sky Illuminated with Spectacular Fireworks Despite the rainy evening on Vietnam’s National Day, thousands of locals and tourists gathered at various locations across Hanoi to witness a stunning fireworks display, commemorating the 70th anniversary of the August Revolution and the National Day of the Socialist Republic of Vietnam. The celebration, which took place on September 2, 2015, marked a significant milestone in the country’s history. Fireworks illuminated the night sky at five iconic locations: Hoan Kiem Lake (also known as Sword Lake), Unification Park, My Dinh National Stadium, Nguyen Hoang Ton Park, and Van Quan Lake. Each location offered a unique perspective on the colorful and meticulously choreographed display. The rain did not dampen the spirits of the enthusiastic crowd, who braved the weather to enjoy this memorable event. The fireworks show, lasting 15 minutes, painted the night sky with a dazzling array of colors and ...
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The Power of Digitization: Unlocking the Potential for Tourism Breakthroughs

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Technology Transforms Tourist Behavior and Business Models Vietnam’s tourism industry recognizes the pivotal role of technology, specifically artificial intelligence (AI), in its sustainable development. This is especially prominent as the country aims to attract 22-23 million international visitors by 2025. Destinations are now enriched with augmented reality (AR) and virtual reality (VR) technologies, along with smart interactive stations (TapQuest). These innovations offer visitors immersive and lifelike experiences. Many businesses have integrated AI across various operations, including hotel management, online booking, personalized itinerary planning, and optimized destination promotion. As a result, they can create targeted smart marketing strategies that resonate with the right potential customers. The National Museum of History has implemented an e-ticket system. Esperantotur and Service Joint Stock Company (Esperantotur) are leveraging Industry 4.0 technologies...
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The New Age of Productivity: Empowering Workers to Proactively Enhance Performance

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Laborers Lead the Way in Upskilling Phung Thi Hanh, a dedicated worker at the Hanoi Shirt Factory under Garment Corporation 10, embodies the spirit of continuous learning. Through her journey, she shared, “I actively sought out experiences and upgraded my skills by learning from my colleagues and practicing diligently every day. My hard work paid off as I witnessed a significant increase in my productivity. Within five months, the number of products I could sew surged from 200-300 to an impressive 700-800, and I even reached a remarkable tally of 1,400 products per day after just one year. This transformation propelled me to become the leading worker in my section.” Hanh’s insatiable curiosity drove her to explore other stages of the production line, equipping herself to take on any task. Her relentless efforts bore fruit, earning her a place among the factory’s most productive workers and a substantial monthly income of VND15 million. Workers at Honda Vietnam are catalysts f...
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Remittances to Ho Chi Minh City: A Strong Start to 2023 with Over $2.41 Billion Received in the First Quarter

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According to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam’s Region 2 Branch, remittance companies accounted for the lion’s share of Ho Chi Minh City’s remittances, totaling nearly 1.76 billion USD, while commercial banks received 655 million USD. Asia continued to be the largest source of remittances to the city, contributing 48.7%, a notable increase of 46.1% from the previous quarter. Illustrative image (Source: VNA) Lenh attributed the positive remittance situation in Ho Chi Minh City to various factors, including effective monetary and foreign exchange policy mechanisms, a stable investment and business environment, and a thriving labor market. He also commended the high-quality services provided by remittance companies and commercial banks, which greatly convenience remittance recipients. In 2024, remittances to the city reached 9.55 billion USD, a slight increase of 0.9% from 2023, with Asia and America being the top contributors, jointly accountin...
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