Vietnam’s labor ministry has submitted a plan to increase local minimum wages, which, if approved, will be the first time ever the country has adjusted the rate twice in one year. Under the plan submitted Tuesday, the new minimum wages would be between VND1.4-2 million (US67.4-96.3) per month. The wages would vary by region, and [...]
LookAtVietnam – The Viet Nam Steel Association has urged the Government to raise import tax on steel by between 1-10 per cent to protect domestic production. Experts were concerned that the proposal to raise import tax on steel, if approved, would cause a price hike in the domestic market.The association sent a petition to the [...]
