June 14, 2011
The Asian Development Bank sees a bit of room left for policy rate hikes in Vietnam, but expects monthly inflation to start to come down this month and double-digit annual inflation to begin to ease in August. Vietnam has been grappling with some of the highest inflation in the world. It has ratcheted up [...]
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May 22, 2011
State workers repairs electrical grids in downtown Ho Chi Minh City. Many employees of state-owned firms are not interested in the minimum wage increase, saying it fail to match recent price hikes. The Vietnamese government’s recent decision to increase the minimum wage by 14 percent has failed to spark any enthusiasm among workers. Not only [...]
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December 29, 2009
LookAtVietnam – University lecturers receive an average monthly salary of 3-4 million dong, or some $200, according to universities’ reports. Making public the income of university lecturers is one of the requirements set under the “three disclosures” program. Nearly 250 universities and junior colleges have submitted reports about the income of lecturers and staffs in 2008 [...]
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December 21, 2009
Vietnamâs external position is âfairly healthy,â in spite of market concerns about the countryâs trade deficit, Barclays Plc said. Vietnamâs economy has âall the hallmarksâ of an emerging markets crisis, with growth poised to overheat as inflation quickens and foreign-exchange reserves fall, Nomura Holdings Inc. said this month. A decline in the reserves to less [...]
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December 17, 2009
LookAtVietnam – A draft regulation on residents service fees in HCM City apartment buildings has met with resistance from investors, . . . Owners of apartment buildings in HCM City have raised their voices against a draft regulation to increase residential services charges. A national law is needed to govern the level of fees.The city’s [...]
Tags: apartment, Apartment building, Apartment Buildings, Apartment Owners, Building, charges, Department, draft, Draft Regulation, monthly, National Law, owners, service, Service Quality, services, The apartment, The department, The department said, The draft
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December 11, 2009
Tien Phong Daily has roused the public by its revelation of the towering salaries of officials at some money-losing state-owned companies. LookAtVietnam summarizes the series. The SCIC’s headquarters in Hanoi. At a ceremony marking the SCIC’s funding by three state-owned firms subordinate to the Ministry of Agriculture and Rural Development last year, Ta observed that though he [...]
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November 22, 2009
Call center agents working at a mobile network facility in Ho Chi Minh City. Hoang Thanh Tra quit her job at a call center last week, complaining that her employers had withheld VND800,000 in pay that was rightfully hers. âNine out of every ten of my colleagues said they would also quit working sooner or [...]
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October 28, 2009
LookAtVietnam – HCM City has finally renewed its payment structure for top athletes, an extension five-times higher than the previous amount. Badminton’s top-seeded Nguyen Tien Minh.This means that top athletes will receive payments for the past nine months, as the city’s decision took effect in January. The change is nine months behind schedule, but the [...]
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October 23, 2009
Vendors sit behind their vegetable stalls at a Hanoi market Vietnamese inflation accelerated for a second month, driven by higher food prices amid faster economic expansion. Prices climbed 2.99 percent in October from a year earlier after gaining 2.42 percent in September, the General Statistics Office said in Hanoi Friday. On a monthly basis, prices [...]
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October 3, 2009
Writing on the wall: A class in progress at the University of Science in Ho Chi Minh City Teacher friendly policies and more effective school management are urgent imperatives, experts say. Vietnamâs education sector is in a crisis, with universities not producing the educated workforce that the nationâs economy and society need.In an âopinionated analysisâ [...]
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