January 2, 2012
Vietnam will find it difficult to sustain into the new year the trade deficit reduction that it managed in 2011, given that it plans to reduce import tariffs on many products and that the ongoing global recession could hurt its exports, experts say. Vietnam’s trade deficit narrowed to US$9.5 billion from $12.4 billion in [...]
Tags: According, billion, Country, deficit, demand, Difficulties, Doanh, Doanh Said Ldquo, economist, Eu And The, expected, export, Export Markets, Export Revenues, firms, Foreign, garment, growth, He Said Ldquo, import, importing, imports, increase, Industry And Trade, large, Ldquo, limit, Limit Imports, lower, Many Products, markets, materials, Next Year, Of Industry And, Of Industry And Trade, Of The Vietnam, On Many Products, orders, percent, production, products, Products And Materials, Products Including, Rdquo, reduce, reduction, Said ldquo, Said Ldquo The, See Slower, See Slower Growth, Slower Growth, Statistics Office, taxes, Technical Barriers, Thanh, Thanh nien, The country, The ministry, The Trade, The Trade Deficit, The vietnam, To Limit Imports, To The Ministry, total, trade, Trade deficit, Vietnam, We Need
Posted in Business | Comments Off
August 28, 2011
Workers at An Nhien cuddly toy factory in HCMC stuff garment waste into the toys. Many teddy bears in Ho Chi Minh City are stuffed with garment waste, discharged mattress, and old spongy materials, which doctors blamed as a major cause of respiratory diseases in children. Â The products target workers and low-income earners, while [...]
Tags: An Nhien Cuddly, At The Factory, At The Factory Said, children, cotton, Cotton Wool, Cuddly, Cuddly Toy, Cuddly Toy Factory, Cuddly Toys, customers, District, Environment, factory, garment, Garment Waste, health, In The City, In The City Said, kilogram, Ldquo, materials, Nhien Cuddly, Of The Toy, owner, price, products, Rdquo, retailers, Said ldquo, Street Vendor, Stuff, Stuffing, Teddy, Teddy Bear, Teddy Bears, Thanh, The Business, The city, The City Said, The Environment, The Factory, The Factory Said, The Stuffing, The Toy, The Toys, The Tuoi, The Tuoi Tre, The Tuoi Tre Weekly, The Users, toxic, Toy Factory, Tre Weekly, Tuoi Tre, Tuoi Tre Weekly, Vnd40 000, waste:
Posted in Health | Comments Off
August 27, 2011
People work at a furniture factory outside Hanoi. Many exporters in Vietnam are struggling to survive the difficult times. The global recession and resultant lower purchasing power has caused difficulties for many Vietnamese exporters. It has not helped that their heavy reliance on imported materials, coupled with rising input costs, have made their products less [...]
Tags: 10-percent, 20 Percent, costs, Da Nang, director, Early This Year, exports, Few Months, Few Months Ago, firms, First Seven, First Seven Months, garment, General, growth, Have Made, He Said Ldquo, He Said The, Heavy Reliance, imported, Imported Materials, In The First, In The First Seven, industry, Input Costs, Last year, Ldquo, lower, Lower Purchasing, Lower Purchasing Power, materials, months, Of The Vietnam, Of This Year, Of Vietnamese Woodwork, On Imported Materials, orders, paper, percent, Percent Since Early, Percent Since Early This, Period last, Period last year, Plastic, prices, products, Profit Margins, Purchasing Power, Quyen, Rdquo, reduced, Rising Input, Rising Input Costs, Said ldquo, Said The Situation, Same period, Same period last, Same period last year, Seven Months, Since Early This, Since Early This Year, situation, Thanh nien, The first, The First Seven, The First Seven Months, The industry, The same period, The same period last, The Situation, The vietnam, This year, Vietnam, Vietnamese, Vietnamese Woodwork, Woodwork, Woodwork Products
Posted in Business | Comments Off
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 [...]
Tags: Average, Average Monthly, Average Monthly Salary, Average Salary, conditions, costs, director, Enough Workers, Export Prices, firms, Firms Have Raised, Firms Have Raised Salaries, garment, Garment Firm, Garment Firms, Garment Firms Have, Garment Firms Have Raised, Garment Workers, garments, Have Increased, Have Raised, Have Raised Salaries, His Firm, Ho Guom, increase, increased, Last year, Ldquo, Many Firms, Many Garment, Many Garment Firms, Many Garment Firms Have, million, Monthly salary, Of Garment Firm, orders, outsourcing, percent, Percent Over, Percent Over The, prices, raised, Raised Salaries, Rdquo, Retain Workers, Salaries, salary, The Average, The Average Monthly, The Average Monthly Salary, The Increase, The Salary, workers, Working, Working Conditions
Posted in Business | Comments Off
January 30, 2011
A Da Nang labor official talks with garment workers from a South Korean firm after they went on strike asking for their monthly salary and Tet bonus More than 700 garment workers at a South Korean firm in Da Nang went on a wildcat strike Tuesday (January 25) asking for their salaries and Tet bonus with the [...]
Tags: asked, Asked The Company, bonus, company, Da Nang, Department, Extra Shifts, Extra Shifts And, garment, Garment Workers, insurance, January, Korean Firm, labor, Salaries, salary, Social, Social Insurance, South Korean, South Korean Firm, strike, Tet Bonus, The city, The company, The Da, The Holiday, The Workers, To Pay The, workers
Posted in Social | Comments Off
January 15, 2011
Customers choose winter garments at a clothes store in Hanoi. The banner says 'Stock clearance.' While the lives of many people have been affected by recent cold snap, business has picked up for many taxi drivers and traders in winter garment and heaters. Le Thanh Hai, deputy director of the National Center for Hydro-Meteorological Forecasting, [...]
Tags: 30 Percent, Clothes, Coats, Cold Snap, customers, Every Day, Few Days, garment, Ldquo, Many people, Nguyen, Nguyen thi, Past Few Days, Rdquo, Rdquo She Said, selling, Shop Assistant, Street, Street Said She, The Cold, The Cold Snap, The past, The Past Few, The Past Few Days, The Shop, Vietnam
Posted in Business | Comments Off
November 22, 2010
Vietnam’s garment and textile exports rose 23 percent to US$9.1 billion in the ten months through October Vietnam’s garment and textile exports rose 23 percent to US$9.1 billion in the ten months through October, well on course to achieve the 2010 target, the government said in a report on its website. The country, which is [...]
Tags: 23 Percent, And Textile Exports, And Textile Exports Rose, Association, billion, exports, Exports Rose, garment, Garment And Textile, Garment And Textile Exports, In The Ten, In The Ten Months, industry, Months Through October, percent, Rose 23, Ten Months, Ten Months Through, Ten Months Through October, textile, Textile Exports, Textile Exports Rose, The association, The country, The government, The industry, The Ten Months, The Ten Months Through, Through October, Vietnam
Posted in Business | Comments Off
November 11, 2010
Four girls who have reported sexual abuse by their boss at a Ho Chi Minh City garment factory Four girls 13 to 17 years of age were forced to work 16 hours a day at a garment factory in Ho Chi Minh City and were sexually abused by the boss, Tuoi Tre newspaper has reported. [...]
Tags: Bac Giang, By The Boss, Chi minh, Chi minh city, child, children, factory, Four Girls, garment, Garment Factory, Girls, He Was Drunk, Her husband, His Wife, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Minh city, reported, Said She And, Said She And Others, She And Others, The Boss, The children, The Factory, The Girl, The Girl Said, The Girls, Tuoi Tre, Working
Posted in Social | Comments Off
January 27, 2010
US Website: VN economy likely to show significant expansion; Market volumes hit 7-month low; Vietsovpetro to install two oil rigs in Bach Ho Hanoi, VietnamThe Vietnamese economy is expected to show a significant expansion though it was mildly affected by the diminished export demand, said a New York-based website. An article posted on Seeking Alpha [...]
Tags: &ndash, According, Added, Advertising, Advertising Association, Advertising Association And, Advertising Industry, Alpha, As Saying That, Association, Bach Ho, billion, Billion usd, Billion vnd, Binh duong, By The Diminished, By The Diminished Export, capital, companies, company, construction, countries, Country, demand, Diminished Export, Diminished Export Demand, Direct, Direct Investment, director, domestic, Domestic And Foreign, Ecologically Friendly, economic, economy, exchange, Exhibition, expansion, expected, export, Export Demand, exports, facilities, factory, first, Foreign, Foreign direct, Foreign Direct Investment, Fully Occupied, garment, Garment And Textile, Hai phong, Hanoi, Hcm city, He Added, imported, In Hcm City, In The Northern, In The Southern, In The Southern Province, increase, Industrial Parks, industry, Into Operation, investment, Investment capital, investors, Jan 25, January, January 23, joint, Joint venture, Last year, Ldquo, Leather, market, Metres, Mildly Affected, million, Million Shares, Million Square, Million Square Metres, Million Usd, Million Usd And, month, Month Low, Nguyen, northern, Northern Province, Of Garment And, Of Garment And Textile, Of The Two, Of The Two Ips, Office, Oil And Gas, Oil Rigs, Oilfield, Operation, Other countries, output, percent, Phu Tho, plans, production, products, Products And Services, project, provide, province, Put Into Operation, Rdquo, Russia, Russia Bank, seeking, Seeking Alpha, services, Significant Expansion, southern, Southern province, Square, Square Metres, stock, Stock Exchange, textile, The bank, The country, The Diminished, The Diminished Export, The Diminished Export Demand, The Factory, The Factory Will, The firm, The hanoi, The market, The new, The Northern, The Northern Province, The Oil, The project, The Southern, The Southern Province, The Two Ips, The vietnam, The Vietnam Advertising, The Vietnam Advertising Association, The vietnamese, The Vietnamese Economy, This year, This Year And, total, Total investment, Total Investment Capital, Total Output, trade, Two Ips, Two Oil, Two Oil Rigs, Usd Per, value, Vietnam, Vietnam Advertising, Vietnam Advertising Association, Vietnam Russia, Vietnam Russia Bank, Vietnamese, Vietnamese Economy, Vietsovpetro, Vinatex, Was Mildly Affected, website
Posted in Business, News | Comments Off
January 23, 2010
New luxury tax for alcohol; Metro Cash & Carry to open 12th center in Vietnam; Local textile, garment firms cooperate to boost expansion Beer and other alcoholic drinks will face a special consumption tax of 45 percent until the end of 2012, the General Department of Taxation has said. According to a note sent by [...]
Tags: 000 Dimmable, 000 Dimmable Compact, 000 Dimmable Compact Lamps, 12th Center, 2009 Vietnam, 39 Million, 39 Million Tonnes, 40 Proof, 40 Proof Will, 45 Percent, 65 Percent, According, agricultural, Agricultural Business, Agricultural Business Incubator, Agriculture, Agriculture And Rural, Agriculture And Rural Development, And rural development, And Southeastern Region, Be Garment Company, Been Taxed, Binh Dinh, Brand, brand-name, Business, Business Incubator, Businesses, carry, Cash Carry, center, China, committee, Compact, Compact Lamps, companies, company, Conference, Delta And Southeastern, Delta And Southeastern Region, development, Dien Quang, Dimmable Compact, Dimmable Compact Lamps, director, Director General, Distribution, domestic, Domestic Market, enterprises, expand, expected, exports, fashion, firms, garment, Garment companies, Garment Company, Garment Enterprises, Garment Joint, Garment Joint Stock, Garment Joint Stock Company, General, General director, Giditex, Guttery General, Guttery General Director, Has Plans, Hi Tech Agricultural, Hi-tech, Holland, In 2009 Vietnam, In The Province, Including, Incubator, Into Operation, January, joint, Joint stock, Joint stock company, Lamps, Local, market, Mekong River, Mekong River Delta, Mekong River Delta And, metro, Metro Cash, Metro Cash Carry, million, Million tonnes, nation, nationwide, Nguyen, Of Agriculture And, Of Agriculture And Rural, Of Binh Dinh, Of Metro Cash, Of Metro Cash Carry, people, Per month, percent, plans, production, products, Proof, province, Randy Guttery, Randy Guttery General, Randy Guttery General Director, rates, Recently, region, retail, Retail Stores, Rice Output, Rice Production, River delta, River Delta And, River Delta And Southeastern, Rural development, Saigon, Southeastern Region, stock, Stock company, store, stores, taxed, Taxed 30, Tech Agricultural, technology, textile, Textile And Garment, Than 40, The company, The Conference, The Incubator, The mekong, The Mekong River, The Mekong River Delta, The ministry, The Nation, The new, The Nha, The province, This year, To Expand Its, tonnes, Vietnam, wholesale, Wholesale Center, Wine Less Than
Posted in Business, News | Comments Off
