Page 5 - Bia 1

summary

42 DIGITAL BIZ 48 SOCIETY

VIETNAM HOLDS POTENTIAL IN BLOCKCHAIN BUILDING A STABLE LABOR CHAIN
AND METAVERSE Vietnam’s labor market is slowly recovering this

Vietnam is considered a bright spot on the world year. Despite not being as healthy as before Covid-
19, in general, demand for workers is increasing once
Blockchain map given its large number of projects, more. Building a stable labor supply chain, putting
with many built by Vietnamese people having employees at the center of all policies, and focusing
become symbols and attracted great interest and on income security and social security are among
investment from organizations and individuals the solutions for post-pandemic economic recovery.
around the world. Many Vietnamese tech To create the human resources for the recovery, it is
enterprises believe the Metaverse will be the next necessary to focus on developing a synchronous,
trend, and businesses taking advantage of the modern, flexible and unified labor market. It is also
technology will see a large source of revenue from necessary to quickly improve and finalize policies on
related applications. According to analysts, many salary and social security, comprehensively amend
Vietnamese are involved in Blockchain and the policy on social housing and worker housing,
Metaverse and the country could confidently catch and upgrade the existing standard of hostels.
up with global pioneers.

44 INVESTMENT - INFRASTRUCTURE

FUTURE OF LONG BIEN BRIDGE STILL
UNCERTAIN, BUT “PATCHWORK”

SITUATION CANNOT LAST

Although there is much controversy about the future of Hanoi’s historic
Long Bien Bridge, which is over 120 years old, many believe it is 50 BUSINESS
impossible to prolong the “patchwork” nature of the bridge, as repairs
only meet 40 per cent of requirements. The Ministry of Transport HIGH PRICE OF IMPORTED
(MoT) has directed the Vietnam Railway Corporation to urgently repair
any damage and at the same time inspect the overall state of the bridge, RAW MATERIALS CREATING
propose repairs, identify a source of funding, and complete a repair DIFFICULTIES FOR ENTERPRISES
schedule. In the long term, under railway network planning for the
2021-2030 period and vision to 2050, the MoT is handing over
documents for planned lines to Hanoi, including the Ngoc Hoi - Yen Despite export turnover of goods in the first five
Vien urban railway line, which relates to Long Bien Bridge. months of the year being positive, higher prices for
fuel and imported raw materials are creating
difficulties for many manufacturers. Analysts
therefore believe that Vietnam must adopt more
policies to develop its supporting industries in order
to gradually become self-sufficient. Enterprises should
also focus on building product brands to expand
markets, thereby increasing consumption output, and
apply modern technology to production lines to
reduce costs. The Ministry of Industry and Trade is
also looking for long-
term solutions to develop
supporting industries
and important basic
material industries to
reduce the country’s
dependence on imported
inputs and components.

www.vneconomy.vn số 24 | ngày 13/6/2022 | kinh tế Việt naM 5