September 20, 2011
Labor export plans for the year have been thwarted by the narrowing of some major markets after escalated violence in Libya and by the increasing number of laborers decamping in South Korea. Vietnam may lose South Korea, one of its biggest labor export markets, due to the high number of laborers decamping in the [...]
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March 12, 2011
A woman passes by a Volkswagen’s showroom on Nam Ky Khoi Nghia Street, Ho Chi Minh City. Part of Vietnamese population is willing to spend a fortune on luxurious goods, while a majority is striving against harsh inflation There are always going to be people who can’t see the forest for the trees. But when [...]
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January 27, 2010
LookAtVietnam – The Vietnam Accountancy and Auditing Association has warned that there are six problems likely to increase costs for businesses in 2010. Thanh, in an interview given to Thoi bao Kinh te Vietnam, said that Vietnam’s economy has enjoyed major achievements in the last 23 years. However, the national economy is still showing a [...]
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January 11, 2010
LookAtVietnam – If advertising expenses are capped at 10 percent, dairy products’ prices would decrease sharply – up to 30 percent. Tuan, in an interview given to Tien Phong newspaper, observed that some dairy producers reported losses of tens of billions of dong, but still paid nearly one hundred billion dong on advertisements and sales [...]
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December 25, 2009
LookAtVietnam – Reacting to a request by the Ministry of Finance, dairy producers and distributors say that they cannot slash current sale prices. They’ve also denied they spend too much on advertising and marketing and claim it is impossible to cut expenses further. The Ministry of Finance (MOF) found, following an inspection tour, that Nestle Vietnam [...]
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December 24, 2009
VietNamNet Bridge – The Ministry of Finance is considering imposing a single PIT rate of two percent on the value of assigned real estate. Under the circular on PIT on real estate assignment promulgated by the Ministry of Finance, there are two ways to pay tax. Those selling property are imposed either a 25 percent [...]
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December 23, 2009
LookAtVietnam – The costs dairy producers and distributors pay for advertising and marketing are too high. The Ministry of Finance (MOF) in late November completed an inspection on dairy products’ prices and came to the conclusion that the overly high advertising expenses have pushed the prices up. It believes that it is time for producers [...]
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December 19, 2009
Shocked by being banned from leaving Vietnam, the former general director of Jetstar Pacific, is working with competent agencies to make clear all of the airline’s matters during his term of office. Mr. Luong Hoai Nam. Former Jetstar Pacific’s General Director banned from leaving VietnamFinance Ministry discloses pay of SCIC officialsBig losses but huge salaries – [...]
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Posted in In depth, Interviews | Comments Off
December 17, 2009
LookAtVietnam – Despite their best intentions, students who study abroad using government funds find it difficult to contribute to the State when they return. The following stories have been provided by insiders who say that it would be better to offer suitable options to encourage students studying abroad to return home after graduation. Creating favorable [...]
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December 10, 2009
LookAtVietnam – Finance Ministry inspectors have found that the localization strategy on which Vietnam has put high hopes has fallen far short of its goals. Most major dailies carried stories December 10 reporting the findings of a Finance Ministry inspection of six foreign-controlled plants that assemble automobiles for the Vietnamese market. The data in this [...]
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Posted in In depth, Reports | Comments Off
