November 19, 2011
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 [...]
Tags: &ndash, Around The Clock, At The Company, At The Company Yard, avoid, Avoid Paying, Avoid Payment, Chi minh, Chi minh city, companies, company, Company Yard, Country, director, District, fired, Fled The Country, Foreign Company, found, Ho Chi, Ho Chi Minh, Ho Chi Minh City, insurance, Insurance Fees, Korean, labor, Last year, Ldquo, million, Minh city, Miso Vina, Miso Vina Company, months, Nguyen, Nguyen thi, Nguyet, October, Office, Outside The Office, paying, payment, payments, Rdquo, Rdquo She Said, Rdquo She Said Ldquo, Recent, Said ldquo, Salaries, salary, She Said Ldquo, Social, Social Insurance, Social Insurance Fees, South, South Korean, Stand Outside, Stand Outside The, Stand Outside The Office, Than Vnd2, Thanh, Thanh nien, That She Would, That The Company, The Clock, The company, The Company Yard, The country, The hcmc, The Labor, The Office, The Workers, To Avoid Paying, To Avoid Payment, To Stand Outside, To Stand Outside The, total, Vina Company, worker, workers, Workers Salaries
Posted in Reports | Comments Off
November 16, 2011
An Indochina Airlines airplane. The company’s general director Ha Dung has been banned from going abroad due to the company’s US$1.3 million debt to a local bank. A songwriter who owns the first private airline to run flights in Vietnam has been prohibited from leaving the country because his beleaguered company owes more than US$1.3 [...]
Tags: 12 Last, 12 Last Year, 19 Million, airline, Airlines, An Indochina Airlines, asked, Banned From Going, Banned From Going Abroad, By The Due, By The Due Date, company, court, Czech republic, director, Due Date, Financial Difficulties, From Going Abroad, General, General director, Going Abroad, Ha Dung, His company, However The Airlines, Indochina, Indochina Airlines, Its Debt, Last year, later, license, License Revocation, Local Bank, Make The Payment, million, Months Later, November, Pay Its Debt, payment, Required, Thanh, Thanh nien, The Airline, The Airlines, The bank, The company, The Court, The Debt, The Due, The Due Date, The Payment, To Make The, To Make The Payment, Vietnam
Posted in Business | Comments Off
October 31, 2011
The poverty of the male modeling industry forces many into prostitution Male models say they usually have 30-50 percent of their payment taken by the modeling company that recommended them to the show. Photo courtesy of Tuoi Tre newspaper. Hoang Phi quit his job working at a Mekong Delta television station to enroll in [...]
Tags: 30-50%, 50 Percent, And Show Organizers, Big Fashion, By The Modeling, By The Modeling Company, Can Easily, Career, catwalk, class, Clothes, company, Company That Recommended, Company That Recommended Them, course, Famous, fashion, Fashion Show, Fashion Shows, Have 30, Have Fallen, He Said That, He Told The, He Told The Tuoi, industry, Ldquo, Male Model, Male Model Who, Male Models, Male Models Are, Male Models Can, Male Models Can Easily, Many Models, model, Modeling, Modeling Company, Modeling Company That, Modeling Company That Recommended, Modeling Course, Models, Models Can Easily, money, Nghiep, Of Their Payment, Of Their Payment Taken, order, payment, people, percent, photo, pressure, price, Rdquo, Rdquo Said The, Rdquo Said The Model, Said ldquo, Said The Model, Show Organizers, shows, small, Thanh, Thanh nien, That Recommended Them, The industry, The Model, The Modeling, The Modeling Company, The Modeling Company That, The Show, The Tuoi, The Tuoi Tre, Their Payment, Their Payment Taken, To The Show, Told The Tuoi, Told The Tuoi Tre, Tuoi Tre, Usually
Posted in Lifestyle | Comments Off
October 17, 2011
Song Da No. 2 construction firm is now implementing the Ban Ve hydropower plant project in Nghe An Province, but the investor is finding it difficult to pay. Complicated capital disbursement procedures have prevented construction firms from reclaiming debts from investors, even years after their projects finish. Vu Tuan Duong, vice general director of construction [...]
Tags: An Province But, An Province But The, Ban Ve, But The Investor, capital, Capital Disbursement, companies, construction, Construction Companies, Construction Firm, Construction Firms, debts, director, Duong, firms, For Their Projects, General, General director, He Said Ldquo, His Firm, His Firm Has, Hydropower Plant, Hydropower Plant Project, Implementing, Implementing The Ban, investor, investors, Is Now Implementing, Is Now Implementing The, Ldquo, Now Implementing, Now Implementing The, Now Implementing The Ban, Pay Construction, Pay Construction Companies, payment, payments, Plant Project, project, projects, Projects Finish, Province But The, Province But The Investor, Rdquo, receive, Receive Payment, Said His Firm, Said His Firm Has, Said ldquo, Song Da, Thanh nien, The Ban, The construction, The Investor, The Investors, The new, The problem, The project, Their Projects, To Pay Construction, To Pay Construction Companies, To Wait For, Ve Hydropower, Ve Hydropower Plant, Ve Hydropower Plant Project, years
Posted in Business | Comments Off
October 15, 2011
Unprecedented move against Chinese contractor not easy, but ‘wise’, local firm says Vietnam’s state-owned Construction Corporation No.1 has decided to end its contract with a Chinese supplier due to poor performance at a major hydropower project in the Central Highlands. Beijing IWHR Corporation was terminated from the contract to supply and install the main [...]
Tags: 10-percent, 15 Percent, Added, Beijing Iwhr, By Chinese Contractors, Cc1 Officials, Cc1 Officials Said, cheap, Cheap Prices, Chinese, Chinese Companies, Chinese Contractor, Chinese Contractors, Chinese Contractors Are, companies, company, construction, Construction Corporation, contract, Contract Termination, Contractor, Contractors, corporation, Dakr Tih, Dakr Tih Project, Delays, equipment, Equipment Supply, experts, first, He Added, He Said Ldquo, His company, Huyen, investors, Ldquo, Local, million, Officials, payment, percent, plant, power, Power Plant, prices, problem, problems, project, projects, Rdquo, Rdquo Duc, Rdquo Duc Said, Rdquo Oanh, Rdquo Oanh Said, right, Said Chinese, Said Chinese Contractors, Said His Company, Said Iwhr, Said ldquo, supply, technical, Technical Problems, Thanh, Thanh nien, The 10, The chinese, The Chinese Contractor, The contract, The Contract Was, The Dakr, The Dakr Tih, The Dakr Tih Project, The Equipment, The first, The Main, The Plant, The Plants, The problem, The project, The right, The vietnamese, Tih Project, Under The Contract, Upper Hand, Vietnam, Vietnamese, Vietnamese Investors, Warranty
Posted in Business | Comments Off
September 11, 2011
Foreign debt accounted for 42.2 percent of Vietnam’s GDP in 2010, up from 39 percent in 2009. Vietnam should focus on decreasing the current account deficit and approaching foreign exchange rate fluctuation with caution, economist Tran Du Lich told Thanh Nien Weekly in an interview. Thanh Nien Weekly: Foreign debt accounted for 42.2 percent of [...]
Tags: 39 Percent, account, Account Deficit, Account Deficit And, balance, Big Problem, billion, capital, criteria, current, Current Account, Current Account Deficit, Current Account Deficit And, Debt Accounted, Debt Accounted For, Debt Payment, debts, deficit, Devaluation, dollar, domestic, Dong Devaluation, Du Lich, Effectiveness, Exchange rate, Exchange Rate Fluctuation, Foreign, Foreign Currencies, Foreign Debt, Foreign Debt Accounted, Foreign Debt Accounted For, Foreign Exchange, Foreign Exchange Rate, Foreign Exchange Rate Fluctuation, Government, Government Cannot, Have Just Mentioned, Have Not Yet, In Japanese Yen, In the next, increase, interest, Interest rates, investment, issue, Japanese, Japanese Yen, Just Mentioned, loans, long-term, Nien Weekly, Oda Loans, payment, payments, Per Dollar, percent, Rate Fluctuation, rates, ratio, Review The Effectiveness, safety, Thanh, Thanh nien, Thanh Nien Weekly, The Balance, The current, The Current Account, The Current Account Deficit, The Debt, The domestic, The Dong, The Dong Devaluation, The Effectiveness, The Figure, The government, The Government Cannot, The Issue, The Level, The Ratio, This Issue, To Consider The, trade, Trade deficit, Tran Du, Vietnam, We Could Not, We Have Not, We Have Not Yet, We Need, We Should Have, weekly, years, Yen Per, Yen Per Dollar
Posted in Reports | Comments Off
May 2, 2011
American legendary star Bob Dylan’s show at the RMIT campus in District 7 on April 10 attracted only about 5,000 audiences, half of the expected numbers. Major event organizers in Vietnam have stars in their eyes – international stars. Despite burning their fingers with a few major concerts recently, they are planning more shows to [...]
Tags: 2010 Contest, American, An Exclusive Source, April 10, At The Miss, At The Rmit, At The Rmit Campus, Backstreet, Backstreet Boys, Backstreet Boys And, Bi Rain, Bob Dylan, Chi minh, Chi minh city, company, contest, Dylan, equipment, event, Exclusive Source, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Huge Losses, International, International Stars, invite, Justin Timberlake, Ldquo, Linkin, Linkin Park, Live Shows, losses, Losses Made, major, million, Minh city, Miss Earth, organizers, payment, Rdquo, Rmit Campus, Ronan Keating, shows, singer, Sound System, source, Stars, system, The company, The event, The miss, The Miss Earth, The Rmit, The Rmit Campus, Ticket Sales, tickets, Two Ways, Viet Vision, Vietnam
Posted in Lifestyle | Comments Off
January 8, 2011
With thousands of public kindergarten teachers getting jobs in the private sector, Hanoi and Ho Chi Minh City are experiencing a severe shortage of teachers. Statistics released by Hanoi government showed that the city lacks 2,898 kindergarten teachers. Investigations showed that many teachers have asked for a long-term leave without payment to run barber [...]
Tags: At Private Kindergartens, children, class, clean, college, Each Class, Education, Every Month, Hanoi, Kindergarten, Kindergarten Teacher, Kindergarten Teachers, kindergartens, Ldquo, Many teachers, Many Times, month, Of Public Kindergarten, Of Public Kindergarten Teachers, payment, pressure, Principle, Private, Private Kindergartens, Private Schools, public, Public Kindergarten, Public Kindergarten Teachers, Public Kindergartens, Public Schools, Rdquo, Rdquo She Said, Said ldquo, school, schools, teacher, teachers:, The College, The job, The Payment, The Teachers, The Tuition, To Private Schools, Told Vnexpress, years
Posted in Sci-Tech | Comments Off
December 15, 2010
Vietnam Shipbuilding Industry Group’s potential failure to make debt payments is likely to undermine the credit quality and profitability of Vietnam’s banks, according to Standard & Poor’s. The state-run company, known as Vinashin, may default on foreign-currency debt due in “in the near term,” highlighting the need for lenders to assess the creditworthiness of [...]
Tags: 60 Million, banks, Banks According, company, credit, Credit Quality, delay, Government, Government Controlled, Holding, Ldquo, Ldquo Vinashin, million, Monday, Monday Ldquo, Monday Ldquo Vinashin, One Year Delay, one-year, owned, Owned Banks, payment, percent, quality, Rdquo, Rdquo Vinashin, state, State Owned Banks, State-owned, The company, The government, The Shipbuilder, Vietnam, Vietnam Holding, Vinashin, Year Delay
Posted in Business | Comments Off
December 10, 2010
A Vietnamese minister said state-owned Vietnam Shipbuilding Industry Group, known as Vinashin, should make a US$60 million debt payment on its own as the government offers to help the company become profitable. “They will have to pay on their own,” Planning and Investment Minister Vo Hong Phuc told journalists in Hanoi Wednesday. “We will [...]
Tags: 60 Million, Amp Poor, company, Debt Payment, debts, Government, Its Own, Last month, Ldquo, million, Minister, Nov 19, payment, Rdquo, Standard Amp, Standard Amp Poor, State-owned, The company, The government, The Government Said, Vinashin, Vinashin Should Make
Posted in Business | Comments Off
