Showing posts with label foreign companies. Show all posts
Showing posts with label foreign companies. Show all posts

Monday, December 13, 2010

Vietnam's forest lands leased cheap to foreign companies

Vietnam's forest lands leased cheap to foreign companiesVietnam’s forests are being leased to foreign companies at excessively low prices, the National Assembly’s Committee of Sciences, Technologies and Environment have reported to lawmakers.

In its latest report, the committee quoted the statistics of the Department of Forestry as saying that as of August, entirely foreign-owned companies have been licensed to grow forests on a total of 288,974 hectares of land.

Hong Kong-owned InnovGreen Company’s leased land accounted for 87 percent of it, and so far has been provided with 8,123 hectares. 

However, the company has submitted only US$77,946 to the state budget, or $9.58 per hectare, which is too low, the committee noted in its report.

Of further concern is the fact that some leased lands are located in locations that could undermine national security, while some were already given to locals in writing but later were leased to foreign businesses, it added.

In the meantime, local farmers currently have high demand for land on which to plant forests, due to recent progresses in planting techniques and increases in timber prices, it said.

The committee proposed reviewing leasing lands to foreign companies so that it can secure locals’ benefits and national defense and be legal, local news website Vietnamnet reported.

Also in its report, the committee said more wild fires have been recorded this year.

As of July, 5,327.79 hectares of forests across the country suffered fires, four times higher than the previous year, it said, partly attributing to unexpected weather happenings and long droughts.

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Monday, August 30, 2010

Graduates seek jobs in foreign companies

HCM CITY — Most university students in HCM City want to work for multinational corporations and foreign companies after graduation, an annual survey has found.

The Student and Career 2010 survey, conducted from April to July by the NhanViet Management Group, polled nearly 950 students from 20 universities and colleges.

Some 98 per cent of surveyed students hoped to obtain management positions in the future.

Of that figure, more than 50 per cent of students wanted to hold intermediate management positions, while only 8.4 per cent of students expected to become directors in the next three years.

Around 71 per cent of respondents said they had made plans for their future career goals, while 15.3 per cent of respondents said they would begin making serious plans for their careers as soon as they graduated from university.

Forty per cent of university students had part-time jobs to gain hands-on experience and develop necessary skills.

Forty-two per cent of respondents said they spent most of their time studying and the rest looking for jobs.

Nearly 70 per cent of students preferred to work for multinational corporations and foreign companies, while State-owned companies were the choice of only 5.7 per cent of respondents.

Nearly 70 per cent of students wanted a salary ranging from VND3-6 million (US$158-$326) a month, and 21 per cent wanted a starting salary of VND6-8 million ($300-$400) for their first job. — VNS

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