Posts Tagged ‘ The economic ’

New growth aim with eased inflation fears

January 3, 2010
New growth aim with eased inflation fears

Inflation controls must be mixed with the necessity to provide firms with capital. LookAtVietnam – Vietnam is expecting higher economic growth in 2010 with fading high inflation risks. The confidence comes from the government’s successful mission to restrict inflation to single digit levels in 2009.  The General Statistics Office last week reported that inflation in [...]

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Workers turn their backs on Hanoi industrial parks

January 2, 2010
Workers turn their backs on Hanoi industrial parks

Le Thi Hien walked away with utter discontent after glancing at a steel company’s job vacancy announcement at Quang Minh Industrial Park in Hanoi.  Two jobseekers look at a vacancy announcement in Quang Minh Industrial Park in Hanoi. “The salary is too low, even lower than that of a domestic help in the city. Moreover, [...]

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Workers turn their backs on Hanoi industrial parks

January 2, 2010
Workers turn their backs on Hanoi industrial parks

Two jobseekers look at a vacancy announcement in Quang Minh Industrial Park in Hanoi. Le Thi Hien walked away with utter discontent after glancing at a steel company’s job vacancy announcement at Quang Minh Industrial Park in Hanoi. “The salary is too low, even lower than that of a domestic help in the city. Moreover, [...]

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For Vietnamese, home is where the heart is

December 29, 2009
For Vietnamese, home is where the heart is

A majority of Vietnamese believe their families are the most important part of their lives, a survey has found. A poll of more than 1,000 people done online or face-to-face found 99 percent saying their family comes first. 97 percent wish they can have closer ties with their community.The wide-ranging Eye on Asia survey, done [...]

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POLITICS IN BRIEF 20/12

December 20, 2009
POLITICS IN BRIEF 20/12

Party leader Manh concludes Cambodia visit; Russia-Vietnam Friendship Association President visits Vietnam; Information access good for VN: UN official; President’s visit further ties with European countries  Party leader Manh concludes Cambodia visit Party General Secretary Nong Duc Manh left Phnom Penh for Hanoi on December 19, concluding his official visit to Cambodia at the invitation of [...]

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Tycoon confident he’ll be Vietnam’s first billionaire

December 19, 2009
Tycoon confident he’ll be Vietnam’s first billionaire

LookAtVietnam – Doan Nguyen Duc says he’s sure he’ll become the first ever Vietnamese dollar – billionaire next year. The chairman of Hoang Anh Gia Lai Joint Stock Company (HAG) has maintained his top position on the list of the ten richest Vietnamese citizens for the second year in a row, according to rankings by [...]

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Home market is the ‘feeding bottle’ of businesses

December 16, 2009
Home market is the ‘feeding bottle’ of businesses

LookAtVietnam – The expanding domestic market, including goods and services, makes up 56 percent of Vietnam’s GDP.  This simple truth has only been discovered by Vietnamese businesses recently thanks to the weakened export markets during the global financial  crisis. They have  had to try to sell products within the domestic market and been pleasantly surprised [...]

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Firms to pay fatter Tet bonuses this year

December 14, 2009
Firms to pay fatter Tet bonuses this year

Companies and organizations will pay higher bonuses for the Tet (Lunar New Year) holiday in 2010 than this year when the economic slowdown had bitten deep. Tong Thi Minh, head of the Salary and Wages Department at the Ministry of Labor, Invalids and Social Affairs, said that although the ministry has not received any official [...]

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U.S. economic expansion to be moderate: Bernanke

December 9, 2009
U.S. economic expansion to be moderate: Bernanke

The U.S. economy is likely to expand moderately, Federal Reserve Chairman Ben Bernanke said on Monday. U.S. Federal Reserve Chairman Ben Bernanke delivers remarks during the December Luncheon meeting of the Economic Club of Washington, at the Capital Hilton in Washington on Dec. 7, 2009. (Xinhua/Zhang Yan)The recovery “will continue at least into next year,” [...]

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Soaring demand for labourers

December 9, 2009
Soaring demand for labourers

LookAtVietnam – The rush to meet end-of-year contract deadlines among producers has created a huge demand for labourers. Young people at a job fair in Tan Binh District, HCM City. Contract deadlines at the end of the year increase the demand for labours among producers.Do Thanh Dong, director of Bac Ninh Job Placement Centre, said [...]

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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...