Business

Many Vietnamese workers are upset by the meagre 10 per cent suggested pay increase proposed by the VCCI for next year's national minimum wage.

PM Nguyen Tan Dung yesterday said he does not expect recent turmoil in global markets to trigger a change in the government's macro economic targets.

The State Bank of Vietnam will not make any further adjustment to the Vietnam Dong/US Dollar exchange rate this year, SBV Deputy Governor Nguyen Thi Hong said.

Travel agents are holding low expectations for the industry’s growth despite various discount programmes as people only have one day off for National Day on September 2.

Many Vietnamese workers at industrial zones are saying they can’t earn enough to make ends meet and will soon seek other jobs.

Vietnam's crude oil export value had fallen sharply by nearly US$2.5 billion in January-August 15 due to the slumping oil price globally, according to the General Department of Customs.

Recent reductions of fuel prices led to a slight decrease in the country’s consumer price index in August, according to the General Statistics Office.

Farmers in the Mekong Delta Region have earned well from growing shaped fruits for special occasions and festivals.

International organisations lauded the exchange rate and amplitude adjustments made by the State Bank of Vietnam as a timely and appropriate move to cushion external shocks.

The August consumer price index (CPI) in Ho Chi Minh City declined 0.12% from the previous month, contributing to an annual 0.66% rise in the southern economic hub’s average eight-month index.

Vietnam's enterprises have a positive outlook on the business climate for the third quarter, according to the General Statistics Office under the Ministry of Planning and Investment.

Walmart stores will import and distribute different products of Vietnamese tra fish (pangasius-Vietnam) in its retail chains in the US.

Vietjet Air is asking for government help as thousands of Vietnamese women continue to be refused entry to Singapore.

US frozen chicken was certified as meeting food safety standards of the United States Department of Agriculture before its export to Viet Nam, the agriculture and rural development ministry said.

The State Bank of Vietnam suspended Dong A Bank CEO Tran Phuong Binh, and his deputy for their violations in financial management and lending activities at the bank.

The owner of the Dai Nam Resort said he will challenge the decision to fine them nearly VND100 billion by authorities in Binh Duong Province.

The 47th ASEAN Economic Ministers’ Meeting (AEM 47) will be held in Kuala Lumpur from August 22-25 to put the finishing touches on the formal establishment of the ASEAN Economic Community (AEC) by the end of this year.

The Autumn Economic Forum titled ‘Vietnam economy – integration and sustainable development’ is due to take place in northern Thanh Hoa province on August 27.

The US Department of Commerce (DOC) has made its final decision on reviewing anti-dumping duties on polyethylene (PE) bags imported from Vietnam, the Vietnam Competition Authority (VCA) announced on August 19.