The Saigon Times
Outcomes of FDI-reliant economy
Vietnam’s economy has the highest ratio of exports against the gross domestic product (GDP) in the world. The ratio soared from 22% in 2005 to 203% in 2017 while the average ratio in the world is 28% and in China 19.6%.Keep reading ...
Vu Quang Viet
Natural disasters cause damages of VND2.5 trillion
Natural disasters have caused total losses of some VND2.5 trillion (US$107.8 million) so far this year, heard attendees at a conference on natural disaster prevention and control in southern Vietnam, held in the Mekong Delta Province of Can Tho on July 26.Keep reading ...
Trung Chanh
PM orders suspension of licenses for waste imports
Prime Minister Nguyen Xuan Phuc, at a regular Government meeting on July 25, announced that the Government will no longer issue new licenses for waste imports amid backlogs of imported scrap at ports, according to the Government news website.Keep reading ...
The Saigon Times Reporter
Vietnam on alert after Lao hydropower dam collapse
Vietnam is highly watchful for a hydropower dam collapse on July 23 in southern Laos, said Hoang Van Thang, Deputy Minister of Agriculture and Rural Development and deputy head of the Central Steering Committee for Natural Disaster Prevention and Control.Keep reading ...
The Saigon Times Reporter
Wastewater standards still pending at seafood processors
Wastewater standards on the amounts of nitrogen, phosphoric and ammonia permitted at seafood processors are still awaiting the final decision of the Ministry of Natural Resources and Environment.Keep reading ...
Trung Chanh
Businesswomen still face obstacles in Vietnam
Vietnamese women have greater interest in business than those in other countries in the region, but they have encountered a host of challenges along the path to leadership, heard a forum held in HCMC on July 10 on training female entrepreneurs to acquire leadership and ...
Hung Le
Mandatory social insurance for expat workers creates burden on enterprises
Compulsory social insurance for foreigners working in Vietnam is creating a heavy burden on local enterprises, according to a report by the Investment and Trade Working Group of the Vietnam Business Forum.Keep reading ...
Thuy Dung
VCCI proposes end to minimum wage hikes from next year
The Vietnam Chamber of Commerce and Industry (VCCI), representing employers in the nation, has suggested keeping region-based minimum wages unchanged from next year as annual minimum wage hikes place a heavy burden on enterprises.Keep reading ...
Thuy Dung
PM points out threats to Vietnam’s socioeconomic growth
Prime Minister Nguyen Xuan Phuc pointed out major risks to the country’s socioeconomic growth, such as disasters, social disturbances, traffic safety violations and corruption, at a national teleconference between the Government and local administrative units today, July 2.Keep reading ...
Ngoc Lan/Van Nam
Jobless rate among university graduates falls
Due to robust economic growth, the country’s unemployment rate, especially among higher-education people, last quarter decreased significantly compared to the previous quarter and the same period in 2016.Keep reading ...
Thuy Dung
