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international and community development in Vietnam

News Roundup, First Week of September

September 7th, 2012

 

The news roundup for this week is mostly somber, with financial woes, health concerns, and dying elephants making the headlines.

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Infographic: How Do High Food Prices Affect the Poor?

September 6th, 2012

 

Check out this new infographic from the UN”s World Food Programme which explains how high food prices are affecting the global poor.

 

Note how some families must spend up to 70% of their income to meet nutritional needs, with the proportion raising up to 85% during times of inflating prices. This means that just 15% of income can be allocated to education, health, and other essential needs. Trade-offs are inevitable.

In Vietnam, food, prices, and hunger are complicated issues. Although many of us would like to think of Vietnam as a country abundant in cheap, delicious foods, the Global Hunger Index actually categorizes Vietnam as having “serious”  hunger problems. According to the International Food Policy Research Institute (IFPRI), which produces the Global Hunger Index, an average of 31% of Vietnamese were undernourished between 1990 – 1992. But just as Vietnam has been able to drastically reduce its poverty rates, it’s also been able to reduce the proportion of the population undernourished. Between 1995 – 1997, the average dropped to 22%, then 17% between 2000 – 2002, and 11% between 2005 – 2007.

Inflating food prices can also a carry an array of effects on Vietnam’s poor. THE IFPRI noted that increasing prices between 2006 – 2008 could have actually reduced poverty in Vietnam by 8% because the increase food prices benefited many rice farmers, who constitute Vietnam’s rural poor. On the flip side, a recent post on CNBC.com noted that China, Hong Kong, and Vietnam are the three Asian economies most vulnerable to soaring food prices. This, according to economists at Nomura, a financial management consultant firm, is because food prices make up a large portion of Asian countries’ Consumer Price Index (CPI), a measure that weighs the average price of basic  goods for a consumer.

Tai Hui, a head economist at the Regional Research for Asia with Standard Chartered, explained to CNBC that China, Hong Kong, Vietnam are particularly vulnerable to food inflation because their CPI baskets are highly correlated with global prices as measured by the CBR/Reuters Food Index, which have been increasing in the past three months: “Hui said for every one percentage point increase in the CRB Food Index, inflation in Vietnam, and China and Hong Kong goes up 13.7 basis points, 6.3 basis points and 4.9 basis points, respectively.”

For now, though, hunger in these three economies has not hit crisis levels. We’re hoping it remains that way–and gets better.

Can Vietnam’s Workforce Compete in an Age of Global Competition?

September 5th, 2012

A new blog post from the World Bank asks, “Is Vietnam’s workforce ready for the future?… Are Vietnam’s workers ready to move from low to high tech production? From rice to robots?”

These are all extremely relevant questions facing Vietnam today, and it’s something we often ponder about at VNHELP as well. While we are optimistic about Vietnam’s development, we are also tepid. A common critique leveled at Vietnam is that it’s education system is antiquated, placing too much of an emphasis on memorization and not enough on creativity and critical thinking. As true as this may be, we also think this is just one of many problems the Vietnam’s education authorities address. To have better workers, we believe that you also need good mentors. You need experienced people who are willing to cultivate younger workers, and you need young workers who are willing to share their experiences with their peers. But according to many whom we’ve conversed and consulted with, Vietnamlacks a culture of mentorship. The education structure, as well as the competitive businesses environment, promotes a race to leapfrog to the top rather than an ethic of teamwork, both vertically and laterally.

So, we believe for Vietnamese workers to be globally competitive, it is not just a matter of enhancing technical and cognitive skills, it is also a question of whether Vietnam can get into the right mindset for success.

What are your thoughts?
video platformvideo managementvideo solutionsvideo player
Video from the World Bank

 

Photo from the Finnish Ministry for Foreign Affairs via Flickr (Creative Commons)

Project Update: School Construction in Kien Giang Completed!

August 30th, 2012

Last week, VNHELP received some photos from the opening ceremony of the new school we helped build in Kien Giang as part of our school construction program. There will be more photos and video footage coming in, but we wanted to share what we have with you now.

About: Kien Giang is located in Vietnam’s Mekong Delta region. The province is known for its aquaculture and rice farming, though much still needs to be done for the province in terms of education, health, and economic development. Please take a look at our project pictures below!

The Mua Thu Cho Em Website is Live!

August 23rd, 2012

For the 18th annual Mua Thu Cho Em fundraising concert, VNHELP is offering up something new: a mini website chock full of images, music samples, and details about our events.

Please check out our website to find out more about on concerts and how you can be part of our fundraising efforts benefiting the poor in Vietnam. Don’t forget to forward the site to your friends as well!

Click here to get to www.vnhelp.org/mtce 

A special thanks to Aurelae Designs for helping us put it together!