Record rent hike in Russian Market pushes retail to the higher end

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VietStock FI English 14 hour(s) ago

In a coffee shop near the Russian Market, Ly Kheng could make a list of the souvenir, clothing and jewelry shops on the block that have closed down recently, an effect of the rising rent prices in the area. Although the area, also known as Phsar Toul Tom Poung, is known as a place where foreigners and locals bargain with shop owners on products, business owners struggle to settle on a fair price with landowners.

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Japan eyes defense budget hike to fortify island chain facing China

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Báo Thanh Niên English 3 day(s) ago

Japan eyes defense budget hike to fortify island chain facing China

Japan's Ministry of Defense is seeking a fourth straight annual military budget hike to help fortify the country's far-flung island chain in the East China Sea, close to ocean territory claimed by Beijing.

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More int’l visitors to Vietnam in peak season: VNAT

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SaiGon GP English 1 week(s) ago

More int’l visitors to Vietnam in peak season: VNAT

According to Vietnam National Administration of Tourism (VNAT) under the Ministry of Culture, Sports and Tourism, 664,985 international tourists arrived in Vietnam in August alone.The number is forecast to be increased in next months which are peak season of tourism sector, said VNAT.

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Mining firms object to increasing royalty tax

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Báo Đầu Tư English 1 week(s) ago

Mining firms object to increasing royalty tax

A number of mining firms have raised objections against the Ministry of Finance’s recent proposal to increase taxes on key natural resources.

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Minimum pay increase for 2016 yet to be fixed

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VOV News English 1 week(s) ago

Minimum pay increase for 2016 yet to be fixed

The Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam General Confederation of Labour (VGCL) fell short of fixing the minimum wage increase for 2016 during a meeting in Hanoi on August 25.

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Vietnam to keep foreign exchange rate stable till year-end: cbank

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Báo Tuổi Trẻ English 1 week(s) ago 2 related news

Vietnam to keep foreign exchange rate stable till year-end: cbank

The State Bank of Vietnam (SBV), the country’s central bank, will not make any adjustments to the foreign exchange rate between the dong and the U.S. dollar from now until the end of 2015, after the currency has been weakened three times so far this year.

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China fears hand Wall St. its worst day since 2011

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Báo Thanh Niên English 1 week(s) ago

China fears hand Wall St. its worst day since 2011

Fears of a China-led global economic slowdown drove Wall Street to its steepest one-day drop in nearly four years on Friday and left the Dow industrials more than 10 percent below a May record.

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Market meltdown intensifies fears

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Báo Thanh Niên English 1 week(s) ago

The global market meltdown extended once again on Friday, creating new speculation that a Fed rate hike may not happen in September as many had expected.

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Labour confederation submits pay rise increases

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VietnamNet English 2 week(s) ago

Labour confederation submits pay rise increases

VietNamNet Bridge – Vietnam General Confederation of Labour has put forward three proposals for minimum salary hikes for the nation's wage zones in 2016.

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Two Koreas reach agreement in Kaesong wage row

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Báo Thanh Niên English 2 week(s) ago

South Korea said Tuesday it had reached agreement with Pyongyang on a wage hike for North Korean workers at their Kaesong joint economic zone, ending a six-month dispute.

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Medical treatment quality to improve after service hike: experts

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SaiGon GP English 3 week(s) ago

Though there has been an increase in health services, it is not enough; accordingly, in the future, the ministries of Health and Finance will ask to hike medical fee.

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Members of wage council at odds over minimum wage hike

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VietnamNet English 3 week(s) ago

Members of wage council at odds over minimum wage hike

VietNamNet Bridge – Members of the National Wage Council at a meeting in Hanoi on August 5 did not agree on a new regional minimum wage rise next year.

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Council fails to agree on wages

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VietnamNet English 3 week(s) ago 3 related news

Council fails to agree on wages

VietNamNet Bridge – An increase in the regional minimum wage in 2016 has not yet been finalised because of differences over the margin of increase of the wage.

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Council fails to agree on wages

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SaiGon GP English 3 week(s) ago

Council fails to agree on wages

An increase in the regional minimum wage in 2016 has not yet been finalised because of differences over the margin of increase of the wage.

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Hanoi to lift clean water prices by 20pc from October

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Báo Dân Trí English 1 month(s) ago

Hanoi to lift clean water prices by 20pc from October

Hanoi authorities have approved a plan to increase clean water prices by an average of 20 percent from October 1 to fund new projects to meet shortages.

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