Annotated Bibliography: Australian VET in Vietnam Aged Care Training

This annotated bibliography examines the need for vocational training in Vietnam, focusing on the growing elder care industry and the potential for Australian VET providers to establish a presence. The first article highlights the demand for vocational training to address productivity gaps and high unemployment rates, emphasizing the need for practical training over theoretical education. The second article provides insights into Vietnam's taxation and regulations, which can impact the establishment of VET programs, including corporate income tax, healthcare sector support, and social insurance regulations. Both articles are crucial for understanding the context of establishing VET programs in Vietnam for aged care workers. The bibliography provides a comprehensive overview of the current situation, including the Vietnamese government's support for the healthcare sector and the incentives available to Australian companies. The analysis provides a good understanding of the market and regulatory landscape.

BUSINESS GLABALISATION 1
Course
Professors Name
Institution
Location of Institution
Date

BUSINESS GLABALISATION 2
Call/Need for Vocational Training in Vietnam
This article highlights the need to initiate vocational training schools to come up with
vocational training for trainers and high school graduates in Vietnam on the position of
vocational training due to the rapid growth to feel the gap for the productivity of Vietnam and
some of its neighboring countries. Being a country with low productivity compared to the
neighboring country, there is a need for introduction or addition of vocational training schools in
Vietnam to improve access to education to fill the gaps to increase productivity in Vietnam.
This article also refers to the high rate of unemployment in Vietnam that is high
compared to the unemployment rate in a nation. Besides, it shows there is a need for a quick
solution to close the gap of unemployment to raise or improve the productivity of Vietnam. It is
also worth to note in this article, that most of the universities and colleges in Vietnam do not
offer more practical pieces of training required to prepare the graduates for employment, rather
engage the trainees more in theory education. This issue has led to a high number of high school
graduates to opt to join vocational training institutes which are few rather than join universities
and colleges.
This article shows there was a need for the Nation to request a strategy in reorganizing
technical and vocational college structures and their system of administration, and the Vietnam
Government is has solved the issue with the help of partner countries like Canada, Australia, and
the UK.

BUSINESS GLABALISATION 3
Reference
HTTPS://MONITOR.ICEF.COM/2016/05/GROWING-DEMAND-VOCATIONAL-TRAINING-
VIETNAM/?
FBCLID=IWAR36US_JGIXGZ4TTXW5TRU2J9FLSPCYFCQAJ7MW1HZR5BR0DHRO
FBADEAZS

BUSINESS GLABALISATION 4
Vietnam Pocket Tax and Regulations
The main aim of the article or booklet is to familiarize the readers with the taxation
regulation, and different practices include the legislative proposals that are applicable in the
country of Vietnam as of 2018. Therefore the article is aimed at providing a general guide to the
readers and where transactions are being contemplated advice needs to be sought. Moreover, the
booklet discusses a general overview of taxation, corporate income tax, transfer pricing, tax of
foreign contractors, tax-related to sales, the taxes of natural resources. Further, it also includes
property tax, tax-related to environment protection, the import and export duties, and the
personal income tax. One of the major sectors that are supported by the Vietnamese government
is the health care sector. The donations for health care are not considered as a non-deductible
expense under the Vietnamese government. Besides, the medical services provided under the
Vietnamese government are allowed as an exemption. The benefits that are provided in-kind and
also on a collective basis through health care services are exempted from tax. Therefore, one of
the primary aims of the author was to explain how Australian companies are encouraged by the
Government of Vietnam through several exemptions and deductions from income tax. This
article also familiarizes the readers with the Insurance regulations such as the compulsory Social
Insurance to the young people but with an exemption in the same to the old people. It also
informs the readers of the importance of documentation that are to be filed for future
confirmation in case there is a need.

BUSINESS GLABALISATION 5
Reference
HTTPS://WWW.PWC.COM/VN/EN/PUBLICATIONS/2019/PWC-VIETNAM-POCKET-
TAX-BOOK-2019-EN.PDF>