December 30, 2011
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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September 27, 2011
Vietnam’s five-year bonds gained the most this month, pushing yields to the lowest level since June, after inflation slowed for the first time in more than a year. The dong was steady. Consumer prices rose 22.42 percent in September from a year earlier, slower than the 23.02 percent gain in August, according to data [...]
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September 24, 2011
Many power plant projects are years behind schedule, hurting Vietnam’s chances of fulfilling its goal of achieving a stable power supply, industry insiders said. Experts have said that up to 90 percent of thermal power projects, including coal-fired and gas-powered plants, under Vietnam’s 2006-2010 master plan, have not been completed yet. According to the [...]
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January 28, 2010
LookAtVietnam – MOIT has submitted to the Prime Minister suggested plans to raise the electricity price by 4.9 percent. Deputy Minister of Industry and Trade Bui Xuan KhuHere MOIT’s deputy minister Bui Xuan Khu explains the reasoning. VietNamNet: Could you please tell us more about suggested plans by MOIT regarding the electricity price in 2010? Bui Xuan [...]
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January 26, 2010
Vietnam is striving to reduce the rate of underweight children to 18% and children with stunted growth to less than 30% while keeping overweight kids to under five% in 2010. The targets were set at a recent conference to review child malnutrition prevention work in 2009 and set out tasks for 2010 To reach these [...]
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January 18, 2010
Vietnamâs five-year bonds advanced, pushing the yield to the lowest level in a week, on speculation banks will have more cash available to purchase the securities. The dong was little changed. A liquidity shortage at banks eased after the central bank injected between VND5 trillion ($270.6 million) and VND6 trillion a day into the money [...]
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January 16, 2010
Vietnamese workers are expecting positive bonuses for the Lunar New Year. According to the Ministry of Labour, Invalids and Social Affairs (MoLISA), throughout the nation, Tet bonuses, also known as thirteenth-month salaries, for the coming holidays in February will rise almost 20 per cent from the previous year’s average of VND1.55 million ($83.7). Local workers [...]
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December 19, 2009
LookAtVietnam – Looking at the Red River’s dry bed, Tran Van Dien felt depressed thinking about his cargo boat which was moored at the dock for the last few days. A view of the Red River which has dwindled to its lowest level in 107 years because of the dire effects of El Nino.“The river [...]
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December 19, 2009
A view of the Red River which has dwindled to its lowest level in 107 years because of the dire effects of El Nino Looking at the Red Riverâs dry bed, Tran Van Dien felt depressed thinking about his cargo boat which was moored at the dock for the last few days. âThe river is [...]
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October 1, 2009
LookAtVietnam – Members of the National Assembly’s Finance & Budget Committee have labelled a proposed housing tax as unfeasible. They also don’t think the bill can take effect on January 1, 2011 as planned by the Government. The anti-speculation law? When compiling the law, the Ministry of Finance (MOF) stated its main aim was to fight property [...]
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