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 18, 2011
A Salvation Army band performs for shoppers in London on the final Saturday before Christmas on what is traditionally one of the busiest retail days. Europeans are tightening their belts and spending less on Christmas gifts this year as they struggle with incomes hit by austerity measures or fear the economy could worsen in [...]
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July 30, 2011
A drastic decline in breastfeeding prompts concerns over the future of child development in Vietnam A doctor examines a child patient at a charity health program in the northern mountainous province of Lao Cai. Experts say Vietnam should champion breastfeeding to ensure future generations are taller and healthier. On July 8, Tran Thanh Tuyen, [...]
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July 16, 2011
Tougher laws, stricter verification of criteria needed Homebuyers submit purchase applications at a low-cost housing project in Ha Dong District, Hanoi A number of illegal trading cases in low-income housing as well as registration fraud have been uncovered in the capital city, exposing policy shortcomings. It is evident that there are people purchasing the [...]
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June 11, 2011
The Vietnamese hospitality market performed better in 2010 than at any time since before the financial crisis, with considerable increases in both average room and occupancy rates in high-end hotels and resorts across the country, a survey found. The survey, released by the accounting and consulting firm Grant Thornton Vietnam in Ho Chi Minh [...]
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May 4, 2011
Deputy Prime Minister Hoang Trung Hai speaks at the Vietnam Business Summit during Asia Development Bank's 44th annual meeting in Hanoi on May 3 Vietnam will continue to improve its business environment and fully mobilize domestic and foreign resources as it aims to become an industrialized nation in 2020, Deputy Prime Minister Hoang Trung Hai [...]
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April 7, 2011
A worker at a garment factory in Ho Chi Minh City’s District 8. Many garment firms have raised salaries in order to retain workers. An increase in orders and higher export prices have helped garment makers offer better salaries and working conditions, but the sector’s labor shortage shows no sign of easing. Many garment firms [...]
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March 23, 2011
A boy receives a radiation scan at a screening center in Koriyama in Fukushima prefecture on March 22, 2011 Authorities across Asia stepped up checks this week on Japanese imports after radioactive contaminants showed up in food and water in quake-stricken Japan following blasts at a nuclear plant last week. Experts are most worried about [...]
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February 18, 2011
A dusty street in Hanoi A study on environmental and climate protection covering 22 major Asian cities ranks Hanoi below average, electronics giant Siemens AG announced Monday in a press release. Â The Asian Green City Index, compiled over the past few months by the Economist Intelligence Unit (EIU), includes Hanoi in the same category [...]
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January 16, 2011
Average office rent in Ho Chi Minh City decreased by 2 percent in 2010's last quarter Average office rents in both Hanoi and Ho Chi Minh City continued to fall in the last quarter of 2010 as supply kept growing, according to UK-based real estate service provider Savills. In Hanoi, the market saw a decline [...]
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