December 30, 2011
Garment workers are among those receiving low Tet, New Year bonuses this year Vietnam’s highest Tet and calendar New Year bonus for an individual this year as of December 27 was paid by a foreign-invested firm in Ho Chi Minh City at more than US$52,300. The company, which is not named, paid the country’s largest [...]
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December 12, 2011
Some important state-owned enterprises, including PetroVietnam, will remain owned by the government Some of the losses that state-owned enterprises incurred were due to their attempts to keep prices stable and to rein in inflation, Prime Minister Nguyen Tan Dung said Thursday. He said state utility Electricity of Vietnam, for instance, had to sell power below cost [...]
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January 30, 2010
Domestic private enterprises need to find their teeth if they are to bite into bigger chunks of the market. LookAtVietnam – Domestic private enterprises have failed to step up to the plate in the decade since the Enterprise Law came into force. The latest Central Institute for Economic Management (CIEM) report on the implementation of [...]
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January 16, 2010
Vietnamese workers are expecting positive bonuses for the Lunar New Year. According to the Ministry of Labour, Invalids and Social Affairs (MoLISA), throughout the nation, Tet bonuses, also known as thirteenth-month salaries, for the coming holidays in February will rise almost 20 per cent from the previous year’s average of VND1.55 million ($83.7). Local workers [...]
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January 11, 2010
Workers buy shoes on the street near the Bac Thang Long Industrial Park in Hanoi. Workers worry inflation will null the value of their extra holiday money. Holding a package of vegetables, tofu and cooking oil she planned to cook dinner with, Le Thi Ha returned to her dilapidated room dead tired after working overtime.She [...]
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December 11, 2009
Tien Phong Daily has roused the public by its revelation of the towering salaries of officials at some money-losing state-owned companies. LookAtVietnam summarizes the series. The SCIC’s headquarters in Hanoi. At a ceremony marking the SCIC’s funding by three state-owned firms subordinate to the Ministry of Agriculture and Rural Development last year, Ta observed that though he [...]
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November 15, 2009
A worker of Electricity of Vietnam collects fees in HCMC’s District 1. Legislators have slammed the poor performance of several state-run companies despite benefiting from many preferential policies. At the ongoing sixth session of the 12th National Assembly in Hanoi, deputies called for the government to tighten control over these firms, saying they were not [...]
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June 10, 2009
Secondary school graduates will sit for high school entrance exams in 20 days; experts say the exams are no easier than university entrance exams. In Hanoi, nearly 160,000 students have registered to study at state-owned high schools, while there will be just 60,000 seats for them at the schools. In HCM City, there are 75,000 [...]
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March 19, 2009
The number of seats for 10th classes in state owned high schools this year is expected to decrease by 1,100 in HCM City, while the number of students finishing secondary schools is expected to increase by 4,300. According to the HCM City Education and Training Department, in 2009-2010 school year, state owned high schools in [...]
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February 17, 2009
State-owned groups will be under scrutiny this year.VietNamNet Bridge – The National Assembly’s team that supervises the implementation of state policies at state-owned groups on February 16 approved a draft supervision programme. The team’s leader, Chairman of the National Assembly Economic Committee Ha Van Hien, told VietNamNet that this programme would involve the highest level of [...]
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