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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November 14, 2009
Doubts have been cast over Vietnam’s labour cost competitive edge in the face of Vietnamese government moves to raise local blue-collar workers’ minimum salaries from next year. Cheap and efficient labour is one of the major drawcards for foreign investors Government decrees 97/2009/ND-CP and 98/2009/ND-CP, which were inked last week, introduce 12-22 per cent increases [...]
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August 12, 2009
VDB urged to up efficiency, effectiveness of lending; Bank capital adequacy rules tighten; Anti-dumping seminar starts in Ho Chi Minh City The Vietnam Development Bank (VDB) must more completely fulfil its role as an efficient financial and credit organ of the government in implementing the state’s fiscal policies. At a working session with VDB leaders [...]
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July 18, 2009
Large firms, already hard-hit by the global crisis, are scrambling to deal with the government’s proposed 15-20 per cent increase in Vietnamese workers’ minimum salaries by early next year. Many companies have already been pushed to break-point by the economic crisis LookAtVietnam – Large firms, already hard-hit by the global crisis, are scrambling to deal [...]
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June 17, 2009
VietNamNet Bridge – No legal document has been issued which clearly defines the term “foreign-invested enterprise”. Consequently, many businesses with foreign shareholders are uncertain about which way to go. Investors have been urging policymakers to issue criteria to classify which enterprises are considered foreign-invested enterprisesTo date, Vietnamese enterprises have been automatically considered foreign-invested enterprises if [...]
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June 8, 2009
Vietnam witnessed a trade deficit return two months ago. Experts say that the trade gap should not be seen as good news. Yamaha Vietnam introduces import BW scooter model These latter experts have pointed out that imports of products which serve as input materials for industries have just increased slightly, while the worrying thing is that [...]
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June 4, 2009
The State Bank of Vietnam (SBV) will not force any enterprises, either foreign-invested or domestic, to sell foreign currencies to commercial banks, Deputy Governor of SBV Nguyen Van Binh affirmed. In Vietnamese territory, the prices of all goods must be quoted in VNDThe deputy governor stated the above during the Vietnam Business Forum in HCM [...]
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May 7, 2009
Building the foundations for growth LookAtVietnam – Vietnamese authorities are in the process of finalising a draft law to amend several existing laws affecting investment and construction issues in Vietnam. The purpose of these proposed amendments are to improve investment conditions in Vietnam and to formulate policies that will help Vietnam survive the global economic [...]
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May 1, 2009
LookAtVietnam – Despite the worsening global economic crisis, a growing number of companies in Vietnam are planning to recruit more workers in the near future. An increasing number of companies in Vietnam have plans to take in employees in the near future, according to the survey. (Photo: SGGP)A survey conducted in March by the recruitment [...]
Tags: 40 Percent, companies, Foreign Invested Enterprises, Foreign-invested, Invested Enterprises, More Workers, percent, survey, The Recruitment, The Survey, Vietnam, workers
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April 30, 2009
VietNamNet Bridge – Despite the worsening global economic crisis, a growing number of companies in Vietnam are planning to recruit more workers in the near future.A survey conducted in March by the recruitment and integrated human resources solutions provider Navigos Group indicates that 67 percent of the 91 polled companies, of which 58 percent are [...]
Tags: 40 Percent, companies, Foreign Invested Enterprises, Foreign-invested, Invested Enterprises, More Workers, percent, survey, The Recruitment, Vietnam, workers
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