21-04-2008 17:58
Low wages will continue to be a major advantage for employers, even though the door has been opened for foreigner labour.
08-04-2008 17:37
Enterprises in Vietnam can now hire an unlimited number of foreigners. In late March, the Vietnamese Government issued Decree 34/2008/ND-CP replacing all the previous regulations on the employment and management of foreigners working in Vietnam, which removes the 3 per cent cap on foreigners to the number of local employees in an enterprise.
06-11-2007 17:59
US importers and retailers are set to buy a record $4.25 billion in Vietnamese apparel and textiles this year, a year-on-year increase of 40 per cent.
17-09-2007 17:59
The local business community has urged the government to speed up administration and infrastructure reforms to bolster their competitiveness in an era of international integration.
25-07-2007 17:59
Trade and investment relations between Vietnam and the US have recorded tremendous growth since the two countries signed a bilateral trade agreement in late 2001.
25-07-2007 17:38
Local and foreign enterprises are set to benefit from a clearer set of Enterprise Law instructions. In its final meeting of the 2002-2007 term, the government approved a draft decree that will help guide the law’s implementation, most notably clarifying instructions for foreign investors.
20-03-2007 17:39
Public awareness of political rights and responsibilities is reflected in the growing number of self-nominated candidates in the upcoming National Assembly elections in May, observers claim.
13-03-2007 17:39
Vietnam has made significant progress towards achieving market economy status, a senior European Commission official said last week.
07-03-2007 18:00
The increase in the number of self-nominated and non-Party candidates is a central theme underlying the upcoming National Assembly election, scheduled for May 20.
29-01-2007 17:39
The Central Party Committee last week closed its fourth plenum with a decision to reduce the number of central level Party organisations to six, halving them in the hope of increasing efficiency in their operation.
17-01-2007 17:39
The government is wasting no time in continuing the fight against corruption this year, with the prime minister urging his officials to tackle administration reform and waste issues, in a bid to maintain high and sustainable economic growth.
09-01-2007 18:00
Vietnamese products will gain greater access to worldwide markets, particularly in Europe, with the opening of a procurement office this week in Ho Chi Minh City by Metro Group Buying.
12-12-2006 17:39
Private and foreign-invested firms have continued to flourish over the past year while the number of state-owned enterprises shrank, with many being restructured into corporations, according to the General Statistics Office.
04-12-2006 18:00
The tax exemption status of equipment and machinery forming fixed assets for foreign direct invested enterprises will be delayed until next year when a circular guiding firms on how to settle import procedures and set up import tariff exemption lists is launched.
30-10-2006 17:39
Vietnam’s 12-year journey to WTO accession is due to end in early November.WTO Accession for Vietnam Working Party chairman Eirik Glenne last week declared that the country had concluded all the necessary negotiations to become a full member of the global trade body and an admission ceremony was expected in early November.