Business

The National Wage Council on August 6 adopted a proposal on a 15.1% rise in region-based monthly minimum wage in 2015, which will be submitted to the Prime Minister for approval.

Vietnam’s GPD will continue to grow despite low credit growth, according to recent HSBC’s report on Vietnam at a glance.

Many traditional craft villages in Vietnam have yet to create effective marketing strategies, making it difficult to broaden their markets.

A DTiNews investigation found employees at yet another petrol station have been using their pumps to steal from customers.

The prestigious financial magazine, The Banker, has listed eleven Vietnam banks in its recently published Top World Banks ranking for 2014, affirming the country as a leading financial centre in Southeast Asia.

Food safety inspection teams have been facing difficulties in inspecting fruit and vegetable imports as a result of lack of funding and skilled staff.

A modernized fishing boat made of composite materials was inaugurated at a shipyard in the coastal city of Nha Trang on August 2 in central Khanh Hoa province.

VietJet Air has compensated hundreds of passengers whose flight was delayed by 10 hours on August 2.

The Ministry of Industry and Trade has urged Vietnamese rice exporters to promptly manage the volume of rice exports and stockpile, thus accelerating the signing of new contracts by the year-end.

With an annual growth of from 5-6%, Vietnam’s meat industry now produces enough to meet domestic demand, but has had trouble finding markets for export.

Credit ratings agency Moody’s has upgraded by one notch the long-term deposit and issuer ratings of BIDV and Vietinbank, two of the largest commercial banks in Vietnam.

PM Nguyen Tan Dung has asked Japan to continue to encourage its businesses to invest in Vietnam during his meeting with visiting Japanese Foreign Minister Fumio Kishida in Hanoi.

The Vietnam Airlines Corporation gained total revenue of nearly 28 trillion VND (1.32 billion USD) for the first half of this year, according to a report released by the corporation on July 31.

Retail cooking gas prices will be reduced by VND 1,000 per kilogram in August due to falling prices on the world market, according to several companies in HCM City.

The State Bank of Vietnam announced that operations at the Vietnam Construction Bank continue as normal after the police arrested members of the bank's top management.

Overseas remittances to HCM City in the first seven months reached US$2.42 billion, representing a year-on-year increase of 5.2 per cent.

Prime Minister Nguyen Tan Dung has authorized the Quang Ninh provincial People’s Committee to carry out the Quang Ninh air terminal project – one of the country’s four air terminal projects calling for investment.

The ANZ-Roy Morgan Vietnam Consumer Confidence Index posted another strong gain, increasing by 3.1 points to reach 134.1 in July.

A revised Enterprise Law will motivate enterprises and create a transparent business climate, policy-makers and economists have affirmed.