Posts Tagged ‘ paying ’

Big gap remains from Tet, New Year bonus high of $52,300 

December 30, 2011
Big gap remains from Tet, New Year bonus high of $52,300 

Garment workers are among those receiving low Tet, New Year bonuses this year   Vietnam’s highest Tet and calendar New Year bonus for an individual this year as of December 27 was paid by a foreign-invested firm in Ho Chi Minh City at more than US$52,300. The company, which is not named, paid the country’s largest [...]

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Workers used and abused, without pay 

November 19, 2011
Workers used and abused, without pay 

  Workers in Ho Chi Minh City struggle with unstable jobs, abuse at work, and bosses who flee to avoid paying employees Workers from Miso Vina Company stay at the company yard around the clock awaiting payment after the South Korean director fled to avoid paying their salaries Binh burns leaves and sticks at night [...]

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Tax breaks could provide stock investors some cheer 

April 24, 2011
Tax breaks could provide stock investors some cheer 

  A plan to cut the 5 percent tax rate on dividends will boost investor sentiment amid volatile stock market conditions, experts say. In a meeting with business representatives in Ho Chi Minh City early this month, Deputy Finance Minister Do Hoang Anh Tuan announced that the ministry would propose to the National Assembly a [...]

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Southern hub proposes paying unemployment benefits via ATM

January 9, 2010
Southern hub proposes paying unemployment benefits via ATM

Ho Chi Minh City Social Insurance said on Wednesday it had asked local authorities’ permission to pay out unemployment allowances via ATM only. According to the state-run insurer’s director Cao Van Sang, the firm didn’t have sufficient facilities to pay unemployed people directly, adding that the proposal had been sent to HCMC People’s Committee and [...]

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Social insurance baffles employers

December 1, 2009
Social insurance baffles employers

LookAtVietnam – Many enterprises and companies in HCM City were still not clear about their health and unemployment insurance obligations. Their confusion concerned both the amount of unemployment insurance as well as procedures for collecting and paying it, they said.Several business representatives said they were following the regulations, but were told by local labour officials [...]

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Commercial banks need deposit capital

May 2, 2009
Commercial banks need deposit capital

The interest rate being paid on VND deposits at commercial banks just went up, while the interest rate being charged for short-term VND loans at these same banks is unchanged at 8.0-10.5 percent per annum. Before April 4, commercial banks competed against each other by offering ’lower’ interest rates on loans. No more. Prime Ministerial [...]

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Vietnam paying ODA debts to Japan

April 10, 2009
Vietnam paying ODA debts to Japan

Speaking to the press this morning on the occasion of Japan releasing the ODA White Book (2007 data), Japanese Ambassador to Vietnam Sakaba Mitsuo said that Vietnam had begun paying off its ODA debts to Japan – to the tune of nearly $125 million in 2007. LookAtVietnam – Speaking to the press this morning on [...]

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MoF delays import duty collection

February 17, 2009
MoF delays import duty collection

LookAtVietnam – The deadline for businesses to pay import duties has been delayed on certain raw materials used in the production of goods for export. In certain cases, including the import of raw materials used in shipbuilding, production of machinery, cattle-breeding, seafood processing, and food processing, which have a production cycle and raw material reserve [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...