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Government can pick Long Thanh airport investor sans parliamentary nod

Government can pick Long Thanh airport investor sans parliamentary nod

The National Assembly says the government does not need its approval to select an investor for the Long Thanh Airport megaproject.
Experts want ACV as Long Thanh airport builder

Experts want ACV as Long Thanh airport builder

Some local experts have backed the government's decision to award the construction of Long Thanh airport to the Airports Corporation of Vietnam despite lawmakers' concerns.
November 24, 2019 | 09:40 pm GMT+7
NA concerned over Long Thanh airport developer's financial wherewithal

NA concerned over Long Thanh airport developer's financial wherewithal

Lawmakers have expressed concern about the Airports Corporation of Vietnam’s financial wherewithal to go through with the mega Long Thanh International Airport project.
November 13, 2019 | 11:53 am GMT+7
Vietnam braces for trade deficit in 2020

Vietnam braces for trade deficit in 2020

The government expects a trade deficit next year as global conditions worsen, and wants to cap it at 3 percent of export turnover.
November 13, 2019 | 09:15 am GMT+7
Vietnam to give civil servants a 7.3 percent wage raise next year

Vietnam to give civil servants a 7.3 percent wage raise next year

Vietnam’s top legislative body, the National Assembly, Tuesday approved a government proposal to raise civil servants’ wages by 7.3 percent from next July.
November 12, 2019 | 07:55 pm GMT+7
Vietnam faces challenges in escaping middle income trap: experts

Vietnam faces challenges in escaping middle income trap: experts

Vietnam is struggling to get out of the middle income trap, its per capita GDP far behind the world average, an MP says.  
October 30, 2019 | 06:00 pm GMT+7
Vietnam aims at reduction in public debt ratio

Vietnam aims at reduction in public debt ratio

Vietnam aims to reduce its public debt by 3.4 percentage points to 52.7 percent of GDP in 2022, the Ministry of Finance says.
October 28, 2019 | 10:54 am GMT+7
The indebted dozen: state-managed projects pile up losses

The indebted dozen: state-managed projects pile up losses

Twelve loss-making projects managed by the Ministry of Industry and Trade have racked up debts totaling VND20.06 trillion ($862 million) as of June.
October 26, 2019 | 12:00 pm GMT+7
ACV as investor for Long Thanh airport could bloat public debt: lawmakers

ACV as investor for Long Thanh airport could bloat public debt: lawmakers

Appointing a state-owned airport operator to build Vietnam's largest airport, Long Thanh, could add $2.63 billion to the nation’s public debt, lawmakers say.
October 25, 2019 | 04:43 pm GMT+7
Vietnam lags far behind in setting healthy work hours: lawmakers

Vietnam lags far behind in setting healthy work hours: lawmakers

Vietnam is 80 years behind developed countries in approving a 40-hour work week law, which is needed to ensure workers’ quality of life, lawmakers say.
October 23, 2019 | 08:43 pm GMT+7
Lawmakers support one more public holiday

Lawmakers support one more public holiday

Many National Assembly (NA) delegates backed the addition of an extra public holiday during a discussion on draft amendments to the Labor Code Wednesday.
October 23, 2019 | 07:00 pm GMT+7
Vietnam aims to repeat 6.8 pct GDP growth in 2020

Vietnam aims to repeat 6.8 pct GDP growth in 2020

Vietnam forecasts its GDP to grow by 6.8 percent this year and plans to sustain it next year by increasing exports and controlling inflation.
October 21, 2019 | 04:11 pm GMT+7
ACV should be Long Thanh airport investor: government

ACV should be Long Thanh airport investor: government

The government has proposed that the Airports Corporation of Vietnam (ACV) be appointed main investor in the Long Thanh International Airport.
October 12, 2019 | 12:05 pm GMT+7
Vietnamese lawmakers remain insistent workers should work less

Vietnamese lawmakers remain insistent workers should work less

The business sector's working week should be reduced from 48 to 44 hours to match government departments, lawmakers said.
October 04, 2019 | 02:08 pm GMT+7
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