January 15, 2012
Siphoned gasoline replaced by other liquids by unscrupulous tank truck drivers may be the cause of car and motorbike fires Two men pumping liquid into a tank truck after spiriting hundreds of liters of gasoline. Low quality fuel is now considered the prime suspect responsible for the many car and motorbike fires over the [...]
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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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Posted in Business | Comments Off
December 19, 2011
File photo dated last year shows a man putting gold into a molding machine at the Sacombank gold bar factory in Ho Chi Minh City . All gold bar producers, except SJC, are expected to completely stop bullion production. Huge losses and unemployment for hundreds of workers loom as gold bullion producers prepare to [...]
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Posted in Business | Comments Off
December 5, 2011
Five private airlines have been licensed in Vietnam since 2007, but each of them is struggling to take off, with one having already crash-landed. Air Mekong operates flights while VietJet Air is expected to commence services late this December after many delays. But the others are finding it hard to launch or, in the [...]
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September 15, 2011
A UBS branch is pictured in central London, on September 15. Swiss banking giant UBS said Thursday it had lost $2.0 billion (1.46 billion euros) through unauthorized trading, after London police arrested a man suspected of committing the massive fraud. The man, arrested before dawn in central London on “suspicion of fraud by abuse of [...]
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Posted in International | Comments Off
August 31, 2011
A view shows the AT&T store sign in Broomfield, Colorado April 20, 2011. Telecommunications giant AT&T Inc, whose proposed buy of T-Mobile USA is under scrutiny by US regulators, promised to bring 5,000 wireless call-center jobs back to the United States if the deal wins approval. The company has not decided where in the United [...]
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Posted in International | Comments Off
June 19, 2011
Experts say the company needs to further explain its actions or risk tarnishing its image further Le Van Tach, an engineer at Toyota Motor Vietnam (TMV) who accused the carmaker of deliberately ignoring technical flaws in April, was suspended on June 11 following accusations that he slandered his co-workers and managers. Photo courtesy of [...]
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April 26, 2011
A local radio reporter in Nghe An attempted to expose safety problems at the Nghe An quarry, last November, only to be ignored by newspapers and government officials Rescuers search for the bodies of quarry employees buried in a rockslide at the Len Co Mountain stone quarry in the central province of Nghe An [...]
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Posted in Reports | Comments Off
January 28, 2011
Ministry mulls national housing fund to assist low-income earners Two men play chess near apartment buildings in Ho Chi Minh City’s District 7. It takes between 24.5 and 26.6 years for a Vietnamese to be able to buy a house. Live a very strict, austere life. Save everything you can after working very, very [...]
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January 1, 2011
Higher Tet bonuses this year could have lower value when buying goods Customers pay for goods at a grocery store in Hanoi. Although bonuses for this Tet are higher, workers are struggling with price hikes. Riding on improved production and trade, businesses in general have promised higher bonuses for the upcoming Tet holiday than [...]
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