Vietnam's middle-class set to increase by 2020

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SaiGon GP English 2 month(s) ago

Through investigation on income of people in five major cities in five nations in Asia, Hakuhodo Institute of Life and Living ASEAN yesterday in Ho Chi Minh City concluded that 55 percent of families in Vietnam belong to middle class.

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Restructuring of SOEs still slow

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VietnamNet English 3 month(s) ago

Restructuring of SOEs still slow

VietNamNet Bridge – The equitization process continues to disappoint despite there clearly being the will to wrap it up as quickly as possible.

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Labor productivity surges 6.4% in 2015

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Báo điện tử CP English 5 month(s) ago

Labor productivity surges 6.4% in 2015

VGP – Viet Nam’s labor productivity constantly increased at an average rate of 3.9% in 2006-2015 period, said the General Statistics Office (GSO).

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Unemployment rate stays low in Q4

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VOV News English 5 month(s) ago

Unemployment rate stays low in Q4

The unemployment rate of the working-age bracket was projected to be at a low of 2.1% in the fourth quarter.

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91.16% of businesses register e-tax services

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Báo điện tử CP English 6 month(s) ago

VGP – As of the end of November, 91.16% of businesses registered for e-tax services, with each enjoying 10 hours less for paying tax a year, according to the General Statistics Office.

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Vietnam agriculture still weak ahead of landmark trade deal implementation: experts

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Báo Tuổi Trẻ English 6 month(s) ago

Vietnam agriculture still weak ahead of landmark trade deal implementation: experts

Vietnam’s agricultural sector may not stand firm when the Trans-Pacific Partnership (TPP) free trade agreement takes effect given a sharp drop in both investment and economic value for the last 15 years, experts said at a seminar last week.

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HCM City supports loan interest with investment stimulus

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VOV News English 6 month(s) ago 1 duplicate news

HCM City supports loan interest with investment stimulus

Domestic investors will receive no-interest loans of VND100 billion (US$4.5 million) and less under a HCM City People's Committee's investment stimulus programme.

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HCM City economic growth likely to surpass 10%

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VOV News English 7 month(s) ago

HCM City economic growth likely to surpass 10%

Ho Chi Minh City’s economic growth is likely to surpass 10% for 2015, said Le Hoang Quan, Chairman of the City People’s Committee.

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SMEs face tough market as FTAs kick in

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VOV News English 7 month(s) ago

SMEs face tough market as FTAs kick in

Small- and medium-sized enterprises (SMEs) contribute 40% of national GDP but the proportion is expected to fall as competition will increase under new international free trade agreements.

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What are the assets of the middle class in Vietnam?

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VietnamNet English 7 month(s) ago 1 duplicate news

VietNamNet Bridge - About three million people in Vietnam are classified as middle class, whose average property is worth about $18,074, according to Credit Suisse.

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PM: 13 out of 14 set criteria achieved

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Báo điện tử CP English 7 month(s) ago

PM: 13 out of 14 set criteria achieved

VGP – PM Nguyen Tan Dung announced that socio-economic performance has gained positive achievements in all fields at his report delivered at the National Assembly's 10th meeting on October 20.

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VN needs half century to catch up with Thailand’s labor productivity

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VietnamNet English 8 month(s) ago

VN needs half century to catch up with Thailand’s labor productivity

VietNamNet Bridge – Vietnam’s GDP in 1990 is equal to that of Thailand in the 1960s. By 2069, Vietnam is expected to catch up with its neighbor’s labor productivity.

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VFF leader hails women’s increased social standing

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VOV News English 8 month(s) ago

VFF leader hails women’s increased social standing

(VOV) - Social status of women is improving considerably and highly recognized, said President of the Vietnam Fatherland Front (VFF) Central Committee Nguyen Thien Nhan at an October 16 forum on women- peace and development in Hanoi.

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Real estate developers propose higher stake for foreigners

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VietnamNet English 8 month(s) ago

Real estate developers propose higher stake for foreigners

VietNamNet Bridge - Real estate developers have complained about the regulation that limits foreign ownership to no more than 30 percent of apartments in one project and no more than 250 houses in one ward.

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Youth make up large portion of unemployed labour

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VOV News English 8 month(s) ago

Youth make up large portion of unemployed labour

Young people make up a large proportion of unemployed labourers, according to figures released by the Department of Employment under the Ministry of Labour, Invalids and Social Affairs (MOLISA).

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