Monday , December 23 2024

Business

Business

Difficulties in maintaining domestic consumption this year: surveys

Domestic consumption is running out of steam as consumers face uncertainties, along with changes in shopping habits. Meanwhile, businesses have reported it’s increasingly difficult to develop ways to maintain purchasing power and reduce inventory buildup, said industry insiders and economists. Shoppers at a supermarket in Hà Nội. — VNA/VNS Photo …

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Workers rejoice, businesses fret as minimum wage hiked

While workers are happy to get more money following the government’s recent minimum wage hike, businesses are concerned about costs and competitiveness. More than 3,200 workers at garment firm VitaJean will receive a bigger paycheck at the start of next month, courtesy of a new government decree issued on June …

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ID numbers to be needed for business registration

The Ministry of Planning and Investment (MPI) has proposed personal identification (ID) numbers will be used to carry out business registration procedures. A person registers procedures to set up a business. The use of ID number to carry out business registration procedures can save time to perform administrative procedures. — …

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Vietnam grows fastest globally in number of millionaires

The number of millionaires in Vietnam virtually doubled between 2013 and 2023, the fastest rate globally, to 19,400, a new report says. The country also has 58 centi-millionaires (those with US$100 million or more in assets) and six billionaires, according to British investment migration consultancy Henley & Partners. In terms …

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Apartments have the best liquidity in the real estate market

Batdongsan.com.vn’s survey shows that searches for apartments move in the same direction as price fluctuations. An apartment complex near the centre of Bình Chánh District, HCM City. — VNA/VNS Photo HÀ NỘI — Although apartment prices are no longer skyrocketing, this segment still records the best liquidity compared to other product segments …

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