EVN could go bankrupt if it cannot raise electricity prices, ministry says

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VietnamNet English 3 day(s) ago

EVN could go bankrupt if it cannot raise electricity prices, ministry says

VietNamNet Bridge – The Ministry of Industry and Trade (MOIT) has voiced its support for Electricity of Vietnam’s (EVN) plan to raise retail electricity prices, saying that it would go bankrupt if not allowed to do so.

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EVN, electricity prices and income per capita

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VietnamNet English 3 day(s) ago

EVN, electricity prices and income per capita

VietNamNet Bridge – The electricity price in the country is scheduled to increase by 9.5 percent after Tet (February 2015) to VND1,652.19 per kwh, leaving questions about whether the price is appropriate.

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Phong Phu workers protest unreasonable working conditions

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Báo Đầu Tư English 1 week(s) ago

Phong Phu workers protest unreasonable working conditions

On January 19, 600 workers of the Phong Phu Nha Trang garment factory in the central province of Khanh Hoa, one of the factories belonging to Vietnam’s biggest garment producer and exporter Phong Phu Corp., gathered to ask leaders of the company to negotiate on the unreasonable new rules the employer planned to enforce, according to laodong.com.vn.

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Theory-heavy university curricula cannot produce highly qualified workers

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VietnamNet English 2 week(s) ago

Theory-heavy university curricula cannot produce highly qualified workers

VietNamNet Bridge – The lack of qualified labour force has been blamed on unreasonable training curricula which puts an emphasis on theory and makes light of practice.

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Gov’t tax policies limit use of local materials in production

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VietnamNet English 3 month(s) ago

Gov’t tax policies limit use of local materials in production

VietNamNet Bridge – The government has encouraged enterprises to source local materials in manufacturing, but because of unreasonable tax policies it is cheaper to buy imported materials to make finished products in Vietnam.

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Traders oppose sharp rent hike at trade center in southern Vietnam

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Báo Tuổi Trẻ English 3 month(s) ago

Traders oppose sharp rent hike at trade center in southern Vietnam

Many traders at An Dong Plaza in Ho Chi Minh City’s District 5 on Tuesday gathered in front of the trade center to object to what they said is an unreasonable plan to increase booth rent by the developer.

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Vietnam inspects imposition of surcharges by foreign shipping lines

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Báo Thanh Niên English 3 month(s) ago

The Ministry of Transport has established a team of inspectors to review complaints of foreign shipping lines imposing unreasonable surcharges on Vietnamese exports and imports.

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33 branches may be weeded out of list of conditional business fields

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VietnamNet English 4 month(s) ago

33 branches may be weeded out of list of conditional business fields

VietNamNet Bridge – The compilers of the draft to amend the investment and enterprise laws plan to cut the number of conditional business fields to 365 from 398.

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Game firms fear luxury tax will lead to cheaper, smuggled goods

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VietnamNet English 4 month(s) ago

Game firms fear luxury tax will lead to cheaper, smuggled goods

VietNamNet Bridge – A proposed luxury tax on online games has spread fear among gaming companies, who believe smuggled products would ruin their business if the tax becomes law.

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Shrimp prices tumble as anti-dumping duties soar

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VietnamNet English 4 month(s) ago

Shrimp prices tumble as anti-dumping duties soar

VietNamNet Bridge – After the US Department of Commerce (DOC) imposed the highest ever anti-dumping duties on warm-water shrimp exports from Vietnam, prices for black-tiger and white-legged shrimp in the Mekong Delta have plunged dramatically.

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Vietnam opposes US anti-dumping tariffs on shrimp

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Báo Thanh Niên English 4 month(s) ago

Vietnam opposes US anti-dumping tariffs on shrimp

Vietnam's foreign ministry spokesman has dismissed American anti-dumping taxes on Vietnamese shrimp as unfair and unreasonable.

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Foreign firms could see faster project buy-in times

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Báo Đầu Tư English 4 month(s) ago

Foreign firms could see faster project buy-in times

Experts are suggesting the government permit foreign companies to buy long-delayed real estate projects without having to go through lengthy procedures to secure new investment licenses.

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Businesses protest port-congestion-surcharge payments

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VietnamNet English 4 month(s) ago

Businesses protest port-congestion-surcharge payments

VietNamNet Bridge – Vietnamese business associations are working to reclaim the port congestion surcharges (PCS) they have had to pay to foreign shipping firms over the last month.

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Adidas Vietnam records losses after years of doing business in VN

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VietnamNet English 5 month(s) ago

Adidas Vietnam records losses after years of doing business in VN

VietNamNet Bridge – Adidas made its debut in Vietnam in 1993, but only in 2009 did it officially set up Adidas Vietnam, a 100 percent foreign-invested company owned by Adidas International B.V. It opened 50 shops all over the country just after two years, employing 80,000 workers.

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Vietnam’s policy on foreign workers needs to be revised, analysts say

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VietnamNet English 5 month(s) ago

Vietnam’s policy on foreign workers needs to be revised, analysts say

VietNamNet Bridge – Attempts by foreign-invested enterprises to recruit foreign workers have been facing strong opposition from labor unions, which say that Vietnamese workers are losing jobs to foreigners.

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