Saturday , November 23 2024

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Order plunge sees factories strive to retain workers

Order plunge sees factories strive to retain workers

Factories aim to retain their employees by offering them early bonuses, food, and a possible salary increase. For the last several months, nearly 1,000 staff at garment company D.G. in Thu Duc City have been working four days a week and resting the remaining three as foreign orders drop. They …

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Credit crunch putting the squeeze on businesses: government committee

Credit crunch putting the squeeze on businesses: government committee

Vietnamese businesses, especially in the private sector, are finding it difficult to maintain operations without access to much needed capital, says the government’s Private Sector Development Committee. Businesses say they are constrained by the capital shortage in maintaining production, making purchases and preparing materials for next year’s production. This also …

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