hourly minimum wage more conducive to labour productivity

Hourly minimum wage more conducive to labour productivity?

Vietnam needs to convert the monthly minimum wage to hourly minimum wage to increase labour productivity.
idico offers ipo share volume for foreign investors

IDICO offers IPO share volume for foreign investors

Foreign investors can register to buy the entire offered share volume, equalling 55.3 million shares, in one of Vietnam's leading urban and industrial zone developers, Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO), in its upcoming initial public offering (IPO).
toyoda gosei builds fourth airbag manufacturing plants in vietnam

Toyoda Gosei builds fourth airbag manufacturing plants in Vietnam

Toyoda Gosei Co., Ltd. has released plans on its website to build the fourth airbag manufacturing plant in the northern city of Haiphong to meet the growing demand as safety regulations become more stringent in regions around the world.
idico reveals criteria for strategic investors

IDICO reveals criteria for strategic investors

Domestic enterprises who want to become strategic investors in one of Vietnam's leading urban and industrial zone developers Vietnam Urban and Industrial Zone Development Corp. (IDICO) need to have at least VND2.5 trillion ($110.1 million), and $115 million with foreign investors,  in the chartered capital as the end of 2016, according to information published on the company website.
low emission energy technology sole lifeline of textile and garment sector

Low-emission energy technology: sole lifeline of textile and garment sector

The World Bank has officially introduced a $312.5-million loan package as part of the project themed “Vietnam Energy Efficiency for Industrial Enterprises” (VEEIE) to provide Vietnamese textile and garment enterprises capital to modernise equipment to save energy.
coca cola suggests broader approach to sct

Coca-Cola suggests broader approach to SCT

While agreeing with the spirit of taxation and carrying a spotless record of tax payments, Coca-Cola Vietnam claims the Ministry of Financial's proposal to isolate non-alcoholic beverages and soft drinks for taxation goes against international best practices.
4 billion south hoi an casino officially starts construction

$4-billion South Hoi An casino officially starts construction

Contractor Coteccons has started the construction of the first phase of the $4-billion South Hoi An integrated casino resort, now named Hoiana, located in the central province of Quang Nam.
dien quang lamp sees plunge in profit

Dien Quang Lamp sees plunge in profit

Dien Quang Lamp Joint Stock Company (DQC) saw a plunge in consolidated profit in the first six months of this year in general and the second quarter in particular.
novaland steps up ma game

Novaland steps up M&A game

In the first seven months of this year, along with developing new projects, Nova Real Estate Corporation (Novaland), one of the leading property developers in Vietnam also expanded its operations via mergers and acquisitions (M&A).
dragon capital and vinacapital acquire fpt retail

Dragon Capital and VinaCapital acquire FPT Retail

Dragon Capital and VinaCapital have completed the purchase of a 30 per cent stake, equaling six million shares, in FPT Retail, aiming to plunge deeper in the retail sector in general and the mobile retail sector in particular.    
third times the charm pv power announces december ipo

Third time’s the charm: PV Power announces December IPO

PV Power, a wholly-owned subsidiary of state-owned PetroVietnam and the second largest electricity producer in Vietnam after Electricity of Vietnam (EVN) in terms of capacity, hopes to complete its equitisation in December this year, after having missed the deadline numerous times, according to information published on the company’s website.
regional minimum wages may increase by 65 per cent in 2018

Regional minimum wages may increase by 6.5 per cent in 2018

This morning, relevant authorities reached a compromise on the minimum wage increase plan, setting 6.5 per cent to submit to the prime minister for approval.
second vietnam private sector forum to take place tomorrow

Second Vietnam Private Sector Forum to take place tomorrow

The second Vietnam Private Sector Forum (VPSF), chaired by Prime Minister Nguyen Xuan Phuc, is scheduled to be held on July 31 at Melia Hanoi.
list of the largest ma deals in 2016 2017

List of the largest M&A deals in 2016-2017

In 2016 and the first half of 2017, Vietnam has seen a series of multimillion dollar mergers and acquisitions (M&A) deals.
lagging ma scene looking for a big push

Lagging M&A scene looking for a big push

Merger and acquisition (M&A) activities in Vietnam in 2017 will need a big push, as the market is forecasted to go through a slowdown due to a lack of large deals from foreign investors as well as the state’s delay in divestment from state-owned enterprises.