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Minimum wage hike worries pandemic harassed businesses

Minimum wage hike worries pandemic harassed businesses

A 6 percent increase in minimum wage starting this July is a timely boost for workers after two years with no raise, but businesses are nervous about its financial impacts.
Vietnam hikes overtime cap until year-end

Vietnam hikes overtime cap until year-end

Vietnamese lawmakers Wednesday decided to increase the monthly overtime cap of a worker from 40 to 60 hours.
March 23, 2022 | 06:23 am PT
Fears of arms race, 'unintended collisions' surface in South China Sea

Fears of arms race, 'unintended collisions' surface in South China Sea

South China Sea developments over the past year have raised the specter of an arms race and other concerns, Deputy Minister of Foreign Affairs Pham Quang Hieu said Thursday.
November 18, 2021 | 06:13 pm PT
Steel exports to China multiplies 19 times

Steel exports to China multiplies 19 times

Vietnam’s steel exports to China surged 19 times to 2.07 million tonnes between January and August on the strength of rising demand in a recovering economy.
September 24, 2020 | 02:45 am PT
Vietnam plans another increment in civil servants' base salary

Vietnam plans another increment in civil servants' base salary

The government has proposed that monthly base wages for civil servants be increased by 7 percent to VND1.6 million ($69) in 2020.
October 21, 2019 | 06:38 pm PT
Vietnam considers more pork imports as prices surge

Vietnam considers more pork imports as prices surge

The government has asked the agriculture ministry to look into increasing pork imports as supply plunges and prices reach 3-year high.
October 17, 2019 | 12:04 am PT
Businesses support overtime cap increase for workers

Businesses support overtime cap increase for workers

Export businesses have backed a government proposal to increase the annual overtime cap for workers, saying it would help during the peak production season.
October 14, 2019 | 08:11 pm PT
FLC to increase capital with $129 mln rights issue

FLC to increase capital with $129 mln rights issue

Property and leisure company FLC Group plans to increase its charter capital by VND3 trillion ($129 million) by issuing shares to existing shareholders.
August 6, 2019 | 09:11 pm PT
Vietnam records highest rise in obesity in Southeast Asia

Vietnam records highest rise in obesity in Southeast Asia

Vietnam recorded the highest growth in obesity in Southeast Asia in 2010-14, but it had the lowest rate of obese people, Fitch says.
July 21, 2019 | 08:12 pm PT
Pork gets dear as African swine fever spreads

Pork gets dear as African swine fever spreads

Pork import prices have risen by up to 30 percent as African swine fever expands to almost all localities in Vietnam.
June 22, 2019 | 02:23 am PT
Vietnam gold prices jump as US readies for interest rate cuts

Vietnam gold prices jump as US readies for interest rate cuts

Gold prices rose in Vietnam Thursday morning as the U.S. Federal Reserve kept interest rate unchanged with possible cuts in the offing.
June 20, 2019 | 02:48 am PT
Legislators concerned by electricity monopoly

Legislators concerned by electricity monopoly

Lawmakers are unhappy that Vietnam’s monopoly electricity distributor is raising power tariffs at will because it has no competitor.
May 30, 2019 | 10:07 pm PT
Power consumption surges as summer heats up

Power consumption surges as summer heats up

Vietnam is seeing a surge in electricity demand as summer heat intensifies while water shortage constrains power production.
May 19, 2019 | 07:32 pm PT
Trump says Beijing 'broke' trade talk deals, pledges to keep tariffs on Chinese goods

Trump says Beijing 'broke' trade talk deals, pledges to keep tariffs on Chinese goods

U.S. President Donald Trump said on Wednesday that China “broke the deal” it had reached in trade talks with the U.S.
May 8, 2019 | 09:06 pm PT
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