Cut in unemployment payments good for firms. And for workers?

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Báo Đầu Tư English 3 day(s) ago

Nguyen Thi Hai Van, head of the Employment Department of the Ministry of Labour, Invalids and Social Affairs, speaks to Dân Tri.com.vn about the Government’s decision to cut employers’ contributions to the unemployment fund.

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Vietnam's coal behemoth spends $3.1mn on commemorative medals

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Báo Tuổi Trẻ English 5 month(s) ago

Vietnam’s state-owned coal and minerals corporation is facing government inspection after spending over VND70 billion (US$3.13 million) on logo-bearing medals for its employees.

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China will struggle to maintain growth pace for wages: statistics bureau

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Báo Thanh Niên English 10 month(s) ago

China will struggle to maintain growth pace for wages: statistics bureau

Wages in China kept pace with economic growth in the first half of 2016 but maintaining that will be difficult, the country's statistics bureau said on Sunday.

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China to lay off 5-6 million workers, earmarks at least $23 billion

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Báo Thanh Niên English 14 month(s) ago

China to lay off 5-6 million workers, earmarks at least $23 billion

China aims to lay off 5-6 million state workers over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two reliable sources said, Beijing's boldest retrenchment program in almost two decades.

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Yahoo announces first round of layoffs as it trims 15 percent of workforce

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Báo Thanh Niên English 15 month(s) ago

Yahoo announces first round of layoffs as it trims 15 percent of workforce

Yahoo Inc announced Wednesday it will lay off 107 employees in the first of what is expected to be more than 1,500 job cuts.

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Boeing eyes 'several hundred' layoffs in satellite division

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Báo Thanh Niên English 21 month(s) ago 1 related news

Boeing eyes 'several hundred' layoffs in satellite division

Boeing Co on Monday told its workers that it expected to cut as many as "several hundred" jobs in its satellite business through the end of 2015 due to a downturn in U.S. military spending and delays in commercial satellite orders.

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Boeing eyes 'several hundred' layoffs in satellite division

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Báo Tuổi Trẻ English 21 month(s) ago 1 related news

Boeing eyes 'several hundred' layoffs in satellite division

Boeing Co on Monday told its workers that it expected to cut as many as "several hundred" jobs in its satellite business through the end of 2015 due to a downturn in U.S. military spending and delays in commercial satellite orders.

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Microsoft hangs up on Nokia business, to cut 7,800 jobs

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Báo Thanh Niên English 23 month(s) ago

Microsoft hangs up on Nokia business, to cut 7,800 jobs

Microsoft Corp said on Wednesday it would cut 7,800 jobs, or nearly 7 percent of its workforce, and write down about $7.6 billion related to its Nokia phone business.

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Mergers put bankers on brink of layoffs in Vietnam

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Báo Tuổi Trẻ English 24 month(s) ago

Mergers put bankers on brink of layoffs in Vietnam

For many bank employees in Vietnam, even those holding high positions, a merger between their bank and another institution could also mean the day they leave their job is drawing near.

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Singapore’s unemployment rises in 2014

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VietnamPlus English 26 month(s) ago

Singapore’s unemployment rises in 2014

Singapore has undergone the fourth consecutive year of unemployment escalation, spurred by the nation’s economic restructuring, announced the Ministry of Manpower (MOM) on April 23.

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Banks expected to cut more jobs in 2015

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Báo Thanh Niên English 29 month(s) ago

Layoffs will continue in the banking sector in 2015. That's according to a new Bloomberg Global Poll. Bloomberg's Shery Ahn reports on "On The Move."

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HCM City: Tourist boats face uncertain future

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VietnamNet English 30 month(s) ago

HCM City: Tourist boats face uncertain future

Dozens of tourist and restaurant boats at Bach Dang Wharf in the center of HCMC may be forced to suspend operations next year as the city’s relevant authorities have yet to renew the operation license of the wharf.

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Yahoo to close its office in Vietnam

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VietnamNet English 30 month(s) ago 1 related news

VietNamNet Bridge – The office of Yahoo in Vietnam, Malaysia and Indonesia will be closed as Singapore will be its hub in Asia.

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Malaysia Airlines suspends shares ahead of reform plan

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VietNam News English 34 month(s) ago

Struggling Malaysia Airlines suspended trading in its shares Friday ahead of an announcement later in the day on a restructuring plan aimed at keeping the carrier in business following two devastating air tragedies.

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Microsoft to cut 18,000 jobs this year as it chops Nokia

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Báo Thanh Niên English 36 month(s) ago

Microsoft to cut 18,000 jobs this year as it chops Nokia

Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company.

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