Most Vietnamese workers want the overtime cap increased for no other reason than it offers them the only possibility of earning enough to cover their daily expenses. When Tran Trung Nghia from the northern province of Tuyen Quang started looking for a job last year, his biggest criterion was whether …
Read More »Lawmakers approve environmental tax cut on gasoline
The Standing Committee of the National Assembly Wednesday approved a government proposal to cut environmental tax on gasoline by half as prices surge. The environmental tax on the popular gasoline RON95 will be reduced from VND4,000 ($0.17) to VND2,000 per liter. The tax cut will apply to gasoline and diesel …
Read More »VN firms need to better seize incentives in the CPTPP
A cashew processing line for export of a firm in the central province of Bình Thuận. VNA/VnExpress News Photo HÀ NỘI — Domestic enterprises need to increase their initiative in seizing incentives in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to optimise the deal, experts said. According to …
Read More »Cashew containers put in holding, some find new buyers
Workers at a cashew factory in southern Đồng Nai Province. VNA/VnExpress News Photo ROME — Eight among the 100 cashew nut containers related to the latest alleged scam attempt against Vietnamese exporters have found buyers in the Netherlands, according to Việt Nam’s trade representative office in Italy. The eight …
Read More »VN-Index slips after gaining streak
Vietnam’s benchmark VN-Index dipped 0.1 percent to 1,502.34 points Wednesday after six gaining sessions. The index climbed by 10 points in the morning but strong selling pressure in the afternoon pulled it down by 1.4 points after rising nearly 58 points in the last six sessions. Trading value on the …
Read More »Leading miner fears coal shortage may affect power plants
Vietnam’s biggest coal miner Vinacomin is struggling to provide enough coal to thermal power plants due to shortage of workers and surging costs. The state-owned company provided 6.3 million tons of coal to power plants from the beginning of the year to March 14, 31 percent short of what it …
Read More »Vietnam’s leading miner fears coal shortage may affect power plants
Vietnam’s biggest coal miner Vinacomin is struggling to provide enough coal to thermal power plants due to shortage of workers and surging costs. The state-owned company provided 6.3 million tons of coal to power plants from the beginning of the year to March 14, 31 percent short of what it …
Read More »Techfest Vietnam 2022 promotes innovative solutions
IT product introduction at the event. Techfest Vietnam 2022 aims to promote innovative solutions from start-ups amid the strong technology development. — Photo nhandan.vn HÀ NỘI — The National Innovative Entrepreneurship Day (Techfest Vietnam 2022) was launched on Tuesday, aiming to promote innovative solutions from start-ups amid the strong development of technology, attracting resources from domestic experts, intellectuals, entrepreneurs and overseas Vietnamese. …
Read More »Steelmaker Hoa Sen chairman embarks on ‘final’ push before turning Buddhist monk
Hoa Sen Group chairman Le Phuoc Vu said he is trying his best to leave a “legacy” before entering monastic life as a Buddhist in 2026. He participated in a Buddhist ceremony taking refuge in The Three Jewels in July 2020. The ceremony is an important step for one who …
Read More »WB Regional Vice President lauds Vietnam’s socio-economic development
National Assembly Chairman Vương Đình Huệ meets WB Regional Vice President for East Asia and Pacific Manuela V. Ferro in Hà Nội on Tuesday. — VNA/VnExpress News Photo Doãn Tuấn HÀ NỘI — Việt Nam has made significant progress in socio-economic development over the past decades, WB Regional Vice President for East Asia …
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