Category: Living

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  • Power demand expected to surpass forecasts on early onset of hot weather

    Power demand expected to surpass forecasts on early onset of hot weather

    Power consumption in Vietnam this summer is expected to increase by 13% year-on-year between May and July, 9.6% higher than forecast, posing possible supply challenges.

    This is because the weather is expected to become hot sooner than normal, and this could cause pressure on supply, especially in the north, Nguyen Quoc Trung, deputy director of the National Load Dispatch Center, said at a forum Monday.

    The north needs around 25,000 MW of power, rising by 10% annually.

    This means every year a new Son La hydropower plant, with a capacity of around 2,500 MW, needs to be built, a major challenge to the power sector, Trung said.

    Between April and July this year peak demand in the region might reach 27,500 MW, up 17% year-on-year, while production would only rise 10%, he added.

    But Minister of Industry and Trade Nguyen Hong Dien has ordered state-owned power monopoly Vietnam Electricity (EVN) to “ensure there are no power shortages under any circumstances.”

    To ensure supply, the National Load Dispatch Center has been storing water in dams. There are now 11 billion cubic meters, 2.7 times higher than a year ago.

    EVN plans to generate higher-cost power such as from oil and liquefied natural gas.

    Vo Quang Lam, its deputy director, said the Vietnam requires three times power as the global average to create its GDP, and so all consumers should conserve electricity.

  • Vietnam’s overseas graduates face job-finding struggles at home

    Vietnam’s overseas graduates face job-finding struggles at home

    Holding a high school diploma from Canada and a university degree in Chinese commerce language from China, Tat Dat has faced difficulties securing a fulfilling job upon his return to Vietnam.

    After moving back to his hometown of northern Quang Ninh province in 2022, it took him four months and over 20 job applications to land a position in e-commerce, with a starting salary of VND8 million ($320) per month – less than he hoped for.

    “I diligently monitored job platforms every hour, in search of an e-commerce trade position, hoping for a monthly salary of VND12 million to VND20 million,” Dat said. “Upon eventually securing such a position, the employers informed me that what they could offer me would be VND8 million, a figure not open to negotiation.”

    Dat said he believed that the salary he was offered would never compensate for the VND15 billion invested in his education, yet he remained at the position for six months.

    However, the unsatisfactory salary was merely one of several challenges he encountered in the Vietnamese job market, including difficulties adjusting to workplace culture, being tasked with duties not outlined in his contract, and frequently working overtime without additional compensation.

    “In practice, although the company’s policy stated an eight-hour workday, the actual hours frequently extended to 10-12 hours a day, with no additional overtime compensation,” Dat said. “This was a stark contrast to my previous experiences where an eight-hour workday strictly meant eight hours, nothing more.”

    Dat discovered that being bilingual was no longer a distinctive advantage, facing competition from peers fluent in three or four languages.

    “Encountering peers fluent in English, Chinese, Korean, and French made me feel less competent,” he admitted.

    Dat’s experience aligns with the results of a survey conducted by recruitment agency SHD involving 350 Vietnamese graduates of foreign institutions. The study revealed that 87% experienced cultural and workplace adaptation challenges within Vietnamese corporations, while 83% were dissatisfied with their salary and benefits.

    Ngo Thi Ngoc Lan of headhunt service Navigos Search observed that although graduates returning from abroad bring confidence, language skills, and open-mindedness, they often face difficulties adjusting to Vietnam’s distinct workplace culture. Such graduates require additional time to acclimate compared to their domestically-educated peers, due to the substantial differences in business practices between Vietnam and other countries.

    Ha Vy, a U.S. taxation degree holder, had experiences similar to Dat. After investing VND6 billion in her degree, Vy returned to Vietnam confident in her ability to get a well-paying position. Nonetheless, her lack of practical work experience meant it took her up to four months to find employment offering a monthly salary of VND10 million.

    “My expectations were set on a starting salary of at least VND20 million, but such opportunities proved elusive,” she said.

    After enduring over a year of dissatisfaction due to the mismatch between her efforts and remuneration, the 27-year-old embarked on a job search in Malaysia, driven by her frustration with the undervaluation of her degree in Vietnam.

    “I had anticipated that my degree would garner greater appreciation and financial reward in Vietnam,” Vy said.

    She further explained that despite her proficiency in English, the absence of practical experience posed a significant barrier. Consequently, she said that she now deems it unrealistic for overseas-educated graduates to expect salaries ranging between US$2,000-$3,000 upon their return to Vietnam.

    Le Thanh Ngan, the Head of Recruitment at FPT Education, said that foreign degree holders frequently aspire to high-ranking positions straight out of college, overlooking entry-level opportunities despite their lack of experience, which further complicates their job search in relation to salary expectations.

    But there are more reasons than that for graduates returning from abroad’s challenging job seeking journeys. Vu Hanh Hoa, CEO of a leadership training institute in Hanoi, pointed out that the ongoing economic downturn has been an additional hurdle for this group. As companies streamline operations, they favor experienced employees over those with overseas degrees who necessitate comprehensive training.

    “Major corporations are also facing challenges and have been compelled to reduce expenses to optimize their functions,” she commented. “They prioritize retaining efficient, versatile staff capable of delivering immediate value.”

    Hoa noted that many graduates returning from abroad come from affluent backgrounds, thus lacking the resilience and perseverance deemed essential in the challenging Vietnamese job market. Only a small fraction exhibit the endurance and tenacity valued by employers in today’s global economic climate, she added.

    Another challenge for holders of foreign degrees is their limited experience in communication and building connections within the Vietnamese context.

    “Students who have spent significant time abroad tend to understand foreigners better than their own compatriots, necessitating a considerable period to re-acclimatize to Vietnamese society, its people, attitudes, and work culture,” Hoa explained.

    Thus, many employers estimate that international graduates require six to 12 months to adapt, during which they incur significant training expenses without providing immediate benefits to the company. This in turn leads to employer’s reluctance to offer high initial salaries.

    Hoa advised that instead of focusing solely on the prestige of their foreign degrees, graduates returning from abroad should pursue opportunities to gain practical work experience to alleviate their employment challenges.

    “Often, these graduates return with the expectation that their “higher” qualifications merit positions at renowned, large companies with substantial salaries,” she said. “This expectation creates a barrier to employment.”

    Hoa thus encouraged returning graduates to adjust their expectations and recognize that a foreign degree serves merely as an additional credential. In the face of the economic downturn, as companies increasingly prioritize actual work performance over academic qualifications, Hoa said the ability to “genuinely contribute” was the key factor in getting hired.

    Thus, overseas degree holders should consider the importance of accruing work experience and evaluate how they can add value to a company based on their strengths. Hoa advised against holding out for positions in their preferred fields that meet their salary expectations.

    “Set aside your degrees and avoid becoming ensnared in delusions of grandeur,” she counseled. “Don’t become overly fixated on your foreign education.”

    Otherwise, such graduates risk enduring continuous challenges similar to those faced by Dat.

    Disheartened by his comparatively lower earnings in relation to his domestically-educated counterparts, he opted to take out loans from his parents and other sources to launch a homestay business.

    “The overwhelming financial pressure left me with no choice but to venture into entrepreneurship,” he said. “Starting this business has put me in debt of VND7 billion.”

    Although the financial success of his new business remains uncertain, the venture’s costs have accumulated to the total amount Dat has spent on his education and business startup, making it even more difficult for him to earn back what he has invested.

  • Your Spotify subscription may be about to go up in price

    Your Spotify subscription may be about to go up in price

    Spotify, the music streaming giant, is shaking things up with price hikes and a new subscription plan. If you love Spotify but hate ads, get ready to dig a little deeper into those pockets.

    Bloomberg reports that Spotify will raise prices soon. By the end of April, those premium subscriptions in places like the UK, Australia, and Pakistan will go Spotify, the music streaming giant, is shaking things up with price hikes and a new subscription plan. If you love Spotify but hate ads, get ready to dig a little deeper into those pockets.

    Bloomberg reports that Spotify will raise prices soon. By the end of April, those premium subscriptions in places like the UK, Australia, and Pakistan will go up – $1 more for individuals and $2 for couples and families. The U.S. will not be an exception to this, only the price hike will be coming later in the year.

    Here’s where it gets interesting: Spotify is reportedly adding a new $11/month tier – the same price as the current Premium plan. This one gets you ad-free music and podcasts, but audiobooks are off the table. Simply, if you want audiobooks, you’ll have to pay extra.

    This is intriguing considering that Spotify just launched its $9.99 audiobooks plan last month. In addition, it bundled in 15 free hours of audiobook content to the premium plan in the U.S. Spotify has been pretty consistent with prices until last year’s hike. So why are they enacting a price hike now? There are two big reasons I can think of:

    Audiobooks cost money: Adding audiobooks meant making deals with publishers. Spotify needs cash to cover those costs on top of what they already pay for music.
    Record labels want their cut: Spotify hoped audiobooks would lessen their dependence on music deals. But record labels weren’t happy about potentially getting paid less, so they pushed for higher prices to make up for it.

    The question now is whether users will consider having audiobooks a good enough reason to warrant a $1/month price hike, or if they will switch plans to stay at the same price point as before. It’s also hard to say if people will jump ship over this.

    Last year’s hike didn’t scare away users, considering that Spotify actually gained subscriptions afterward. However, only time will tell how this latest round will impact their loyal listeners.up – $1 more for individuals and $2 for couples and families. The U.S. will not be an exception to this, only the price hike will be coming later in the year.

    Here’s where it gets interesting: Spotify is reportedly adding a new $11/month tier – the same price as the current Premium plan. This one gets you ad-free music and podcasts, but audiobooks are off the table. Simply, if you want audiobooks, you’ll have to pay extra.

    This is intriguing considering that Spotify just launched its $9.99 audiobooks plan last month. In addition, it bundled in 15 free hours of audiobook content to the premium plan in the U.S. Spotify has been pretty consistent with prices until last year’s hike. So why are they enacting a price hike now? There are two big reasons I can think of:

    Audiobooks cost money: Adding audiobooks meant making deals with publishers. Spotify needs cash to cover those costs on top of what they already pay for music.
    Record labels want their cut: Spotify hoped audiobooks would lessen their dependence on music deals. But record labels weren’t happy about potentially getting paid less, so they pushed for higher prices to make up for it.

    Your Spotify subscription may be about to go up in price
    Credit: Spotify

    The question now is whether users will consider having audiobooks a good enough reason to warrant a $1/month price hike, or if they will switch plans to stay at the same price point as before. It’s also hard to say if people will jump ship over this.

    Last year’s hike didn’t scare away users, considering that Spotify actually gained subscriptions afterward. However, only time will tell how this latest round will impact their loyal listeners.

  • TikTok is among the things Biden and Xi discussed on the phone

    TikTok is among the things Biden and Xi discussed on the phone

    During a phone call on Tuesday, President Joe Biden and Chinese leader Xi Jinping discussed the push for TikTok Inc.’s divestment in the US.

    Following the call, the first direct discussion between the two leaders since November, White House spokesperson John Kirby confirmed that TikTok was indeed a topic of conversation.

    Biden reiterated to Xi his concerns about Chinese ownership of the popular video-sharing app.
    “This was not about a ban of the application, but rather our interest in divestiture, so that the national security interests and the data security of the American people can be protected,” Kirby explained.

    Last month, the US House approved legislation that would prohibit the operation of the video-sharing platform if ByteDance, its Chinese parent company, fails to sell its interest. President Biden has indicated he would ratify the bill, though its prospects in the US Senate remain uncertain.

    ByteDance aims to sell its interests in the viral short video app, or face a ban in the US. If everything goes to plan (the bill passes and Joe Biden signs it), ByteDance will have a 165-day deadline to divest from TikTok. Should it not pass the control of TikTok to an American-based company, US app stores (like Apple’s, Google’s and Samsung’s) would be prohibited from offering TikTok in the country.

    It all started when the Energy and Commerce Committee cast a unanimous 50-0 vote (highly unusual) in favor of the TikTok/ByteDance measure.

    Prior to that, members of Congress were flooded with calls and emails (some of which containing no-no words) from angry TikTok users who were scared that TikTok is coming to an end.

  • LinkedIn goes TikTok

    LinkedIn goes TikTok

    Thanks to the soaring popularity of platforms like TikTok, short-form videos have become an integral part of our digital landscape. Following TikTok’s meteoric rise, other big players like Instagram, Facebook, YouTube, and Snapchat have all jumped on the short-video bandwagon. Now, LinkedIn is gearing up to join the fray.

    TechCrunch reports that LinkedIn confirmed it is experimenting with a new short-video feed, taking a page from TikTok’s playbook. The news first surfaced when Austin Null, a strategy director at an influencer agency, shared a sneak peek (later shared on X) of the new feed on LinkedIn.

    The new feed resides in the app’s navigation bar under a fresh “Video” tab. Once you tap into the Video tab, you’re greeted with a vertical feed of bite-sized videos that you can easily swipe through. Users can engage with the content by liking, commenting, or sharing. Details on how the feed curates content remain undisclosed.

    Unlike the eclectic mix found in other apps, LinkedIn’s focus remains squarely on careers and professionalism. While video content has long been a part of the platform, this dedicated feed aims to elevate engagement and discovery by curating relevant, easily digestible videos.

    According to LinkedIn, users increasingly turn to video content to learn from industry professionals. Hence, the platform is exploring new avenues to surface such valuable content. However, the feature is still in its early testing phase, meaning it’s not widely available yet.

    For content creators, LinkedIn’s new feed might present an opportunity to expand their reach and share video content with a professional audience. There’s talk that LinkedIn might explore monetization options down the line, which could encourage creators to get on board.

    However, not everyone may welcome this change with open arms. LinkedIn has long been valued for its professional and informational content, free from the distractions of typical short-form video feeds. Feel free to share what you think about it in the comments below.

  • Gasoline prices hit 6-month high

    Gasoline prices hit 6-month high

    Gasoline prices on Thursday rose to the highest since early October while diesel dropped slightly.

    The popular fuel RON95 went up 2.18% to VND24,810 ($1) per liter. Biofuel E5 RON92 gained 1.77% to VND23,620

    Fuel prices fluctuated globally in the last seven days due to decline production at some Russian refineries and continuing tension in the Middle East, according to Vietnamese authorities.

    Gasoline prices rose 2.2-2.5% while oils dropped 2-2.4%.

  • Spotify launches video course trial in the UK

    Spotify launches video course trial in the UK

    Spotify, the audio streaming giant, is diving into a whole new realm of content – educational video courses. In an announcement today, the company is revealing a launch that begins today for U.K. users, offering a variety of engaging courses to choose from.

    This move signals a shift in Spotify’s approach to content. No longer just about music, podcasts, or audiobooks, the platform is now catering to those seeking personal and professional development. They’ve teamed up with renowned educational tech companies, including BBC Maestro, PLAYvirtuoso, Skillshare, and Thinkific, to offer a curated selection of high-quality video courses.

    Spotify’s initial video course offerings span four key areas:

    1. Make Music: Dive into the world of music production and instrument mastery.
    2. Get Creative: Unleash your artistic potential with courses in photography, design, or writing.
    3. Learn Business: Gain valuable skills for entrepreneurship and career advancement.
    4. Healthy Living: Discover techniques for mindfulness, fitness, and wellness.

    Babar Zafar, VP Product Development at Spotify, spoke of this U.K.-based test as an opportunity to explore how to serve the Spotify community better and give them what they are actively interested in by stating: “Many of our users engage with podcasts and audiobooks on a daily basis for their learning needs, and we believe this highly engaged community will be interested in accessing and purchasing quality content from video course creators.” This recognizes a growing trend: many users already enjoy podcasts and audiobooks for self-improvement, and educational video courses are a natural extension of this.

    Spotify is encouraging its U.K. free and premium subscribers to take advantage of this new feature, as they will be able to try out for free for a couple of lessons before having to make a purchasing decision. These courses will be available on the Home and Browse tabs in the mobile app as well as on the web. However, once registered for a course, it will be available on both mobile and the desktop.

    It is unclear if there are plans to bring this feature to users outside the U.K. if this test proves successful. However, the company does state that should this occur, it could pave the way for a more expansive video-based learning experience directly on the Spotify platform.

  • Singaporean women earn 14.3% less than men

    Singaporean women earn 14.3% less than men

    The median income difference between women and men working in Singapore was 14.3% last year, down from 16.3% in 2018, according to the Ministry of Manpower’s study.

    Differences in occupation between men and women remained the key factor influencing the gender pay gap. Men are overrepresented in higher-paying occupations, according to a study examining the incomes of full-time employees aged 25 to 54, who are either Singaporean or permanent residents.

    Women often receive lower pay than men, even when they share the same job title, work in the same industry, and have similar age and education levels.

    In 2023, 75% of women were employed in professional, managerial, executive, and technician (PMET) roles, marking an 8.8 percentage point rise from 2018. Meanwhile, the proportion of men in PMET positions climbed by 6.3 percentage points, reaching 79.4% in 2023.

  • Spotify to launch new Audiobooks feature in April

    Spotify to launch new Audiobooks feature in April

    After bringing music videos to Premium users in select markets, Spotify announced a brand-new feature coming to Audiobooks in April: Countdown Pages.

    This is the same feature that’s been successful for music releases. It allows Spotify users to “pre-save” audiobooks prior to a book’s release date, while authors and publishers can promote their new titles ahead of launch.

    Once an audiobook is pre-saved, a timer countdown will be visible above it until its launch. When the book is actually released, Spotify will notify users so they know they can start listening to it.

    Thanks to Countdown Pages, Spotify users can search for titles on the streaming service as soon as they’re announced. After next month’s update, a “Pre-save” CTA on pages of the books that haven’t been released yet. Additionally, a “More like this” tab will show users similar released book that they can start listening to straight away.

    Countdown Pages for Spotify will be available in all markets where Audiobooks are available beginning in mid-April.

    Since it was released back in 2023, users have played more than 150,000 unique titles through Spotify’s premium service. With a catalog of over 200,000 titles, Spotify believes that there’s room for improvement when it comes to the number of listeners engaging with audiobooks, especially considering that the streaming service has a user base of over 600 million.

  • TIDAL launches Circles, a safe space dedicated to artists

    TIDAL launches Circles, a safe space dedicated to artists

    TIDAL is trying to turn itself into a comfy home for artists. Circles is the latest new feature introduced by the music service, an artist-to-artist forum that allows artists to discuss their career experiences and connect with their peers on how to navigate the music industry.

    Although it’s not available to everyone, TIDAL announced that it’s giving select artists early access to use Circles, which is available in TIDAL Artist Home.

    According TIDAL, Circles is secure and safe, so if you’re an artist seeking guidance or insight from peers who may have gone through similar career experiences, this might be the right space for you.

    As artists, we have a tendency to feel like we’re on an island, which is why I love having artist friends because hearing about another artist experiencing this niche thing.

    If you’re interested in Circles, you can start using it directly within TIDAL Artist Home where you can also browse discussions on the home feed, as well as dive deeper into key topics using the search feature.

    TIDAL also confirmed that only verified artists on TIDAL Artist Home will be allowed to participate in conversations. Moreover, artists who can access TIDAL Circles have the option to post publicly in forums or anonymously to encourage a safe space for artists.

  • YouTube reveals new design for its TV app

    YouTube reveals new design for its TV app

    YouTube has just announced a new design for its TV app that will be rolled out to all users over the next few weeks. The new design is supposed to bring familiar YouTube features and interactivity to the living room while maintaining the same experience that fans of the service know and love.

    The main change is the reduced size of the video player, which is meant to simplify interactions. In addition to the visual changes, the new design will include a broad range of new experiences such as shopping and viewing live scores, as well as improvements to existing functionality like accessing video descriptions and comments.

    Before deciding what to actually change and what to keep in the new design, YouTube tapped into user feedback provided by long-time users, and here what the service learned:

    • The new design works for features that require equal or more attention than the video itself (e.g. comments, description, live chat) but obscuring the video would be detrimental to the viewing experience.
    • We need to continue to prioritize simplicity over the introduction of additional lightweight controls.
    • A one size fits all solution may not be the best approach, as features such as live chat and video description benefit from different levels of immersion.

    The end result “keeps the video front and center, but layers in the ability to access the features that make YouTube unique – all without interrupting the viewing experience.

    The bottom line is the new experience focuses on the ability to read through comments and video description while still having the video player in front of your eyes. It’s an interesting concept that will allow YouTube TV subscribers to explore Views without disrupting what they’re watching.

  • Australian job hunt increasingly difficult for international graduates

    Australian job hunt increasingly difficult for international graduates

    When she began pursuing her master’s degree at Melbourne University, Tran Thi Phuong did not anticipate how challenging it would be for her to secure a job after graduation.

    The 27-year-old Vietnamese woman has now lost track of the number of job applications she has submitted. Her two years of experience at the auditing firm EY Vietnam, along with a master’s degree in a globally respected field (Information Systems) from a prestigious university appear to have done little to aid her job search in Australia.

    “I have never experienced such panic,” Phuong said “At certain points, I’ve doubted whether or not I’ll ever secure employment here.”

    Ever since receiving her diploma in June 2023, it’s been 9 months of persistent effort. Phuong was finally offered a position as a strategy analyst at a land consulting firm associated with the Western Australian state government in Perth, a small city located 3,419 km from Melbourne.

    Phuong’s experience underscores the wider challenges faced by temporary graduate visa holders in Australia as they pursue employment in the country following their studies.

    The 2022 Graduate Outcomes Survey, which was carried out by the Australian government’s Quality Indicators of Learning and Teaching suite, found that 28.5% of international students with undergraduate degrees in Australia had remained jobless for at least six months following graduation. For those with international postgraduate research degrees, the percentage was 14.4%.

    To put it another way, roughly two out of every seven international undergraduates and one out of every seven international postgraduate research graduates in Australia found themselves without employment six months after graduation.

    Moin Rahman, a 28-year-old Bangladeshi graduate from the University of Queensland, found himself in this exact situation. Despite submitting applications for over 80 job openings, he struggled to secure a full-time role in civil engineering, his field of study at university.

    “That takes a psychological toll,” the Australian Broadcasting Corporation (ABC) quoted him as saying.

    Despite being on a temporary graduate visa, Rahman said he encountered “friction” that held him back from progressing beyond casual and part-time jobs.

    “If I somehow miraculously made my way through to an interview stage, I would be asked about my visa status,” he said.

    “When I would say that I am an international student but I have full-time work rights there was a shrug of shoulders and all of the preceding qualities that actually made the employer interested in me was overtaken by this one fact.”

    The struggle has persisted for some international graduates even after obtaining employment, as they have often settled for positions at lower salaries than their local counterparts.

    A report from the Grattan Institute titled “Graduates in limbo: International student visa pathways after graduation,” which was unveiled in October 2023, pointed out that “only half [of international graduates in Australia] secure full-time employment, most work in low-skilled jobs, and half earn less than A$53,300 (US$34,964) a year.”

    This income is significantly below that of domestic graduates, essentially aligning more closely with the earnings of working holiday makers, most of whom come to Australia to travel.

    The report also revealed that almost 75% of those holding a temporary graduate visas had incomes below the median for Australian workers in 2021.

    Specifically, international graduates possessing postgraduate coursework degrees in business management were found to earn approximately A$58,000 annually less than their domestic counterparts holding the same qualifications.

    Similarly, those with postgraduate coursework degrees in computing and engineering faced a yearly income deficit of about A$40,000 compared to domestic graduates.

    International students who graduated with an undergraduate degree in engineering or computing were found earning A$12,000 less annually than their Australian peers, according to the report. The gap for business undergraduates was roughly A$10,000 a year.

    In discussions with her colleagues from India, Thailand, and the Philippines, Phuong learned that achieving a salary comparable to that of Australians is “difficult and uncommon” for them.

    In addition to being underpaid, international graduates in Australia often find themselves accepting jobs that neither require tertiary education nor match their academic fields of expertise.

    A joint study conducted by the Australian Financial Review (AFR), Deakin University and University of Adelaide demonstrated that merely 36% of 1,156 international graduates polled from 35 universities secured full-time jobs in their studied field upon completing their education.

    Some 40% of international graduates in Australia actually found themselves in roles considered low-skilled, notably in sectors such as retail, hospitality, or in positions like cleaning or driving.

    Ruva Muranda, who graduated with a bachelor’s degree in biomedical science in 2018, said she had to work in a warehouse until the early months of 2020.

    “I got really depressed,” she said. “It made me feel like I wasn’t good enough. It made me feel very ‘othered.’”

    As she observed her colleagues advancing in their careers, securing employment, climbing the professional hierarchy, acquiring vehicles, purchasing homes, and achieving their vocational aspirations, her sense of stagnation intensified.

    “It feels like you’re held back at the starting line.”

    With her options constrained, Swastika Samanta, who possesses a master’s degree in environmental management, said she worked casual and part-time jobs for the length of her temporary graduate visa.

    “Beggars can’t be choosers. You take the best job that comes to you,” she said.

    Fear of quick replacement.

    Lack of English language proficiency is a roadblock for many foreign graduates seeking jobs in Australia.

    The situation is evident as even in Victoria, the state with the largest proportion of laborers from non-main English-speaking countries, where these individuals still make up only 28.8% of the total labor force, according to the Australian Labour Market for Migrants report released by the Australian Government in October 2023.

    Visa uncertainties also have employers reluctant in hiring foreign graduates.

    According to the “Australian international graduates and the transition to employment” report by Deakin University and University of Technology Sydney (UTS) researchers, almost every interviewed employer expressed a preference for hiring graduates holding permanent residency visa status.

    Dr. Thanh Pham, a researcher from Monash University said: “They employers make the assumption that international students cannot stay in Australia for long and are unaware of other visa pathways like bridging and residency visas … When I interviewed them, they explained that if they hire an international student, they will have to employ someone new to replace them in a couple of years.”

    This policy was precisely the obstacle Phuong encountered during her job search, a realization that dawned on her only after accumulating significant time and experience.

    -Phuong pursued job openings in the oil and gas industry, as it’s an area she is passionate about and has experience in. “However, employers tend to favor local candidates for positions in this sector within Australia, attributing their preference to the job’s involvement with highly confidential information regarding mineral and gas resources — commodities Australia is renowned for and deems highly sensitive,” she said.

    In some cases, Pham said she found employers discriminated against international students on the basis of what she called “fit-in” culture.

    The report by Deakin University and UTS also showed that employers hesitate to hire international graduates because of higher costs and this necessitates additional on-the-job training to acclimate them to the Australian work environment.

    Consequently, in the absence of an immediate skill shortage, employers show a preference for local graduates, aiming to avoid the perceived lengthy, expensive, and frequently exasperating sponsorship procedure.

    Individuals arriving from nations with little representation in Australia face additional challenges, notably in forging connections within their ethnic communities.

    According to the Australian Department of Education, as of last October, the country hosted about 768,000 international students, with the largest groups from China, India, and Nepal.

    Harder future

    Given changed economic environment and additional considerations, Australia, from mid-2024, will adjust its post-study work rights policy for international students, reducing the duration international graduates can stay in the country for work purposes.

    Previously, the Australian government had extended the post-study work visa durations for undergraduates, master’s, and PhD students in selected programs, allowing them to stay for up to 4-6 years depending on their level of study.

    These durations will now revert to the original 2-3 years, according to the announcement made by the Australia’s Department of Education.

    Additionally, the age limit for applicants has been lowered from 50 to 35 years, and there will be no further opportunities for the extension of post-study work rights, except for those who have completed their education in a regional area. Roughly 350,000 individuals now hold graduate visas in Australia.

    In the context that many employers hesitate to employ foreign graduates due to fear of their perceived visa status uncertainties, this policy could cut employment opportunities for international graduates in the country.

    However, according to the views of some people, this also has positive aspects, which are ensuring more sustainable development for students and for Australia itself.

    Policy analyst Andrew Norton from Australian National University expressed his general support for the reforms to the Times Higher Education: “This is a better, fairer system for the students themselves and it gives better results for Australia overall.”

    He added: “If you’re relatively young and have a good career start, the prospects will be reasonably good.”

    This positive view resonated with Phuong, even amidst the challenges she has faced. She maintains a hopeful outlook about the job-hunting process in Australia for international students.

    “I consider myself luckier than many others I have encountered,” she said. “And while the future remains uncertain, I am resolved to do whatever it takes to surmount any further hurdles that come my way.”

  • Gasoline prices fall

    Gasoline prices fall

    Gasoline and diesel prices dropped Thursday afternoon.

    The popular fuel RON95 gasoline fell 1.55% from a week ago to VND23,550 ($0.95) per liter.

    Biofuel E5 RON92 declined by 1.05% to VND22,510.

    Diesel dropped 1.44% to VND20,470.

    In the last seven days fuel prices swinged due to concerns that China would struggle to regain growth momentum, a rise in gold and cryptocurrency investment, and a reduction in OPEC production.

    Globally gasoline prices dropped by 1.8-2.1% per barrel while oils dropped 1.1-1.9%.

  • Electricity bills double for Hanoians on meter reading date change

    Electricity bills double for Hanoians on meter reading date change

    Households in Hanoi have received electricity bills two or three times higher than usual this month after national utility Electricity Vietnam (EVN) postponed its meter reading date.

    Minh of Ha Dong District said the power consumed and bill for January are both more than double the usual at 2,127 kWh and VND6.7 million (US$271.4) though consumption has been completely normal and he bought no new electrical devices.

    The same thing has happened to Hanoi’s nearly 2.8 million electricity users, and EVN’s change in meter reading date seems to be the reason.

    The reading date has been moved to the end of each month from the beginning.

    Thus the January bill is for until Feb. 29 and not metered until Feb. 7 as used to be the case, meaning the bills are for two months.

    It is a one-time occurrence, EVN noted

    However, many consumers have correctly pointed out that combining two months’ bills would place their electricity usage in a higher tier. The pricing system is in slabs with higher per unit cost with increasing consumption.

    In Huong’s case, the first 350 kWh would be charged at multiple rates from tier 1 to 5 (VND1,806-3,050 per kWh).

    But if the extra 400 kWh is added, it would be charged entirely at tier 5 and 6 (VND3,050-3,151 per kWh) rates.

    EVN Hanoi has however reassured consumers it has made allowance for this, and the bills would be normal.

    For example, the tier 1 rate would be applied for the first 85 kWh instead of the usual 50, it said. Last year the reading date was changed in several provinces and cities. EVN had planned to effect the change in Hanoi last November but postponed it.

    EVN plans to apply the new date across the country by 2025, when electronic meters are installed in every household.

  • Nitori to launch in the Philippines

    Nitori to launch in the Philippines

    Japanese furniture retailer Nitori will launch its first presence in the Philippines with a store planned to open next month, as part of its plan to push growth in Asia countries.

    The 1100sqm facility will be at the Mitsukoshi BGC shopping area in Manila. The company plans to operate 50 outlets in the Philippines by 2032.

    Nitori unveiled its plan to expand in Asia last year after opening stores in Malaysia and Singapore in 2022. The plan included the Philippines, Thailand, Vietnam, Indonesia and South Korea.

    Headquartered in Japan’s Tokyo, Nitori operates across the globe with stores mainly in Japan and China.

    Based on the goal statement “to enrich the homes of people all over the world”, Nitori’s vision is to open 3000 stores and reach sales of 3 trillion yen (US$20 million) by 2032.