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Newly registered enterprises in Laos increases sharply

Newly registered enterprises in Laos increases sharply

In 2022, Laos had a total of 18,076 newly registered enterprises, with a total registered capital of about US$7.5 billion, an increase of 42.94% compared to 2021, statistics of the country’s Ministry of Industry and Trade revealed.
Nearly 3,000 workers laid off by 27 HCMC firms

Nearly 3,000 workers laid off by 27 HCMC firms

So far this year, 27 enterprises in HCMC have laid off 2,858 employees citing technology restructuring, equipment changes and economic impacts, a senior city official says.
November 19, 2022 | 11:39 pm PT
Real estate enterprises launch series of financial solutions

Real estate enterprises launch series of financial solutions

Investors can use flexible payment options and leaseback policies with attractive profits at Novaland's major projects.
November 4, 2022 | 03:00 am PT
Vietnam to launch three new tech exchanges

Vietnam to launch three new tech exchanges

Three national technology exchanges will be formed in the near future, facilitating connections with regional and global exchanges, Minister of Science and Technology Huynh Thanh Dat said Friday.
September 23, 2022 | 08:18 am PT
Big firms labor under skilled worker shortage

Big firms labor under skilled worker shortage

Only 26% of Vietnam's workforce are fully trained, while the rest lack skills and don't meet the needs of enterprises, according to the Ministry of Labor, Invalids and Social Affairs.
August 21, 2022 | 12:46 am PT
Big business joins forces to bridge Germany's growing skills gap

Big business joins forces to bridge Germany's growing skills gap

Germany's industrial heavyweights are teaming up to retrain workers in some areas to fill the skill gap and avoid layoffs as the economy shifts to clean energy and online shopping.
April 22, 2022 | 01:53 am PT
Businesses resume operations en masse in January

Businesses resume operations en masse in January

Nearly 19,100 enterprises resumed operations in January after months of closure, up 353 percent over the previous month, the General Statistics Office said.
January 31, 2022 | 06:20 pm PT
Vietnam ambassadors abroad want flights resumed, quarantine ended soon

Vietnam ambassadors abroad want flights resumed, quarantine ended soon

Vietnamese envoys to several countries have urged the government to quickly resume commercial flights and end quarantine requirements, saying the demand to travel to Vietnam is huge.
December 15, 2021 | 11:00 pm PT
HCMC accounts for 27 pct of firms closing in Vietnam

HCMC accounts for 27 pct of firms closing in Vietnam

In HCMC, 25,895 enterprises shut down this year, or nearly 27 percent of the total number across the country, according to the Business Registration Management Department.
October 27, 2021 | 09:00 pm PT
MNC managers paycheck higher than domestic firms: survey

MNC managers paycheck higher than domestic firms: survey

Managers in Vietnamese enterprises receive 41 percent less salary than their counterparts in multinational companies (MNCs), according to a recent survey done by two human resource companies.
October 24, 2021 | 06:24 am PT
Business end of Covid protocols hampers firms in Covid hotspot Bac Ninh

Business end of Covid protocols hampers firms in Covid hotspot Bac Ninh

Although enterprises in Bac Ninh, home to major foreign manufacturing plants like Samsung and Canon, have resumed operations they are finding it difficult to follow specific Covid-19 protocols.
July 18, 2021 | 03:17 am PT
Record high enterprises established despite outbreaks

Record high enterprises established despite outbreaks

Nearly 67,100 enterprises were established in the first half of this year, a year-on-year rise of 8 percent, despite Covid-19 outbreaks.
July 3, 2021 | 11:14 pm PT
Cut VAT by half for lower prices, HCMC proposes

Cut VAT by half for lower prices, HCMC proposes

HCMC’s Department of Planning and Investment has proposed the government reduces value added tax from 10 percent to 5 percent in 2021 to help businesses lower the price of goods.
June 11, 2021 | 04:45 am PT
HCMC factories plan to keep production going amid Covid-19 isolation

HCMC factories plan to keep production going amid Covid-19 isolation

Many HCMC factories are making provisions for employees to live on the premises and keep production going if they are isolated because of the Covid-19 pandemic.
June 10, 2021 | 03:45 pm PT
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