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Voluntary pension plans eyed

Voluntary pension plans eyed HA NOI (VNS)— Voluntary pensions were becoming necessary in Viet Nam to ensure social security as the country’s population aged, participants said at a conference yesterday in Ha Noi. The Ministry of Finance held the conference so that relevant authorities could learn about other countries’ experiences with voluntary pensions, such as the UK, Japan and China. ... Read More »

Law necessary to improve function of business groups

Law necessary to improve function of business groups HCM City has around 70 industry associations, including 30 for foreign businesses.—Illustrative image/Photo HCM CITY (VNS)— Legislation is necessary to streamline the functioning of business groups and ensure they offer their members better support, a workshop heard in HCM City. Speaking at the event held by the HCM City Union of ... Read More »

National brand key to future

National brand key to future Do Thang Hai (VNS) A Vietnam News Agency reporter chatted with Do Thang Hai, director of the Trade Promotion Department, Ministry of Industry and Trade, about developing the Vietnamese national brand. How has the national brand development programme been going? We have coordinated with the ministry’s Market Department and local and foreign trade promotion companies ... Read More »

Garments, textiles to lead exports if growth maintained

Garments, textiles to lead exports if growth maintained HA NOI (VNS)— The Ministry of Industry and Trade forecast that textile and garments would become the nation’s top exports this year if the sector maintains the 19 per cent growth rate achieved in the first quarter. Dang Phuong Dung, deputy chairperson of the Viet Nam Textile and Garment Association, said total ... Read More »

Food, hotel fair offers chance to learn from foreign players

Food, hotel fair offers chance to learn from foreign players The Food Hotel Viet Nam 2013 (FHV) exhibition opened yesterday in HCM City, offering visitors a platform to source, network and learn from market leaders of the international food and hospitality industry.— Photo phunuonline HCM CITY (VNS)— The Food Hotel Viet Nam 2013 (FHV) exhibition opened yesterday in HCM City, ... Read More »

Sony launches new series of Internet TV

Hospital, factory sewage flows into Hai Phong rivers Biggest rivers of Da Do, Gia and Re of northern port Hai Phong City, as the city’s main water source, are getting seriously polluted. <!– –> Read More »

Shares climb on low trading value

Shares climb on low trading value HA NOI (VNS)-  Both stock indices closed this morning’s session in the black, but continued sluggish trading by investors pushed market volume and value lower. The benchmark VN-Index on the HCM City Stock Exchange climbed 0.79 per cent to 476.63 points, while the VN30 (measuring performance of the top 30 shares by market capitalisation ... Read More »

Vietnamese small businesses cannot grow up

VietNamNet Bridge – Vietnam lacks the medium size businesses which can act as the bridge connecting enterprises and join the global supply chain.       The recently released report of the Central Institute for Economic Management (CIEM) showed that in 2009-2011, only 31 small and tiny enterprises grew up into medium scaled enterprises, while 133 small and medium enterprises ... Read More »

SBV to be grilled over gold market management

VietNamNet Bridge – The Government Inspectorate on Monday announced it would check if the State Bank of Vietnam (SBV) had fulfilled its responsibility towards gold trading and gold mobilization and lending. According to Decision 846/QD-TTCP dated April 16, 2013, the period for review is from January 2009 to March 2013, which is subject to extension in case of necessity. The ... Read More »

Is Vietnamese labor cost high or low?

VietNamNet Bridge – Office workers, unskilled laborers and state employees all complain that their salaries are so modest and cannot cover their basic needs. Workers like… extra working hours According to Oxfarm, the organization that strives for the poverty reduction and fight for equality, Vietnam is not the only country in the world which has the low minimum wage. The ... Read More »