Businesses

Update news Businesses

Job losses on the way as firms look to downsize

Many businesses are planning to reduce the number of employees on their payroll in the next few months.

Local businesses in foreign bid risk

While the ongoing pandemic is taking a severe human and economic toll worldwide, deal-making activity in Vietnam is likely to maintain momentum as corporate leaders are being asked to make strategic decisions for hunting capital.

Businesses seek tax reduction to foster recovery after pandemic

The COVID-19 pandemic is a huge challenge for businesses irrespective of sector and size in all regions and countries, including Vietnam.

Firms demand tax incentives to fight economic downturn

Capital city-based businesses on Thursday asked for specific tax policies from local authorities as they struggle with the economic downturn caused by COVID-19.

A chance to emerge stronger from global vicissitudes

The new regulations on social distancing will for sure have an added impact on some businesses, however, it is necessary to view the full picture in assessing the impact.

Workers face salary cuts as firms fight to survive amid COVID-19

Many businesses have been forced to give workers time off work, especially at weekends due to reduced demand caused by the novel coronavirus (COVID-19).

Further contributions needed for COVID-19 fight: Prime Minister

PM Nguyen Xuan Phuc has called upon every citizen, especially businesspeople and overseas Vietnamese, to strengthen solidarity and make greater contributions to help the country overcome difficulties in the fight against COVID-19.

Businesses and workers in Da Nang hit by effects of nCoV epidemic

Production activities of several businesses in the central coastal city of Da Nang have suffered disruption due to the nCoV epidemic, with enterprises that have transactions with the Chinese market being the worst affected.

93 percent of Korean firms satisfied with investments in Vietnam: survey

Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA).

Vietnam to study logistics investment in Egypt

The Ministry of Industry and Trade will send a delegation to Egypt to study investment in logistics and promote trade in the second biggest economy in Africa from December 1-6.

Int’l pepper conference opens in Ba Ria-Vung Tau

The International Pepper Conference 2019 opened in Vung Tau city, Ba Ria-Vung Tau, on November 12, drawing 400 delegates from Vietnam and 25 other member countries of the International Pepper Community.

Vietnamese businesses concerned about overtime hour draft law

Businesses and experts are still concerned over the impact on production of overtime hours that are not increased for seasonal jobs.

Vietnamese firms face high risks from US-China trade war

Vietnam, with its highly open economy, is facing many risks from the US-China trade war which has not shown any sign of easing, experts said at a workshop in HCM City on June 25 on the impacts of the trade war.

Businesses do their bit to save environment

The attention businesses are paying to strategies and measures to protect the environment is a good augury for the sustainable development of the economy.

Law on Cyber Security not hinder activities of people, businesses

 The freshly-passed Law on Cyber Security will not hinder activities of people and businesses, affirmed Major General Nguyen Minh Duc, Director of the Institute of Police Science under the People’s Police Academy.

Businesses, farmers struggle to develop tea brands

In an effort to increase tea export value, both farmers and businesses in the northern province of Thai Nguyen, the country’s largest tea producer, are seeking to develop brand names for their products.

Deputy PM Minh meets with RoK leaders, businesses

 Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh on December 21 held a meeting with President of the Republic of Korea (RoK) Moon Jae-in as part of his three-day visit to the country.

Business calls for Trump, world leaders to support Paris climate pact

 More than 360 businesses and investors called on U.S. President-elect Donald Trump and world leaders on Wednesday to continue to support agreed curbs on global warming and to speed up efforts to move to a low-carbon economy.

Social News 23/2

 PM okays expansion of road to Cambodia, Health insurance buyers to benefit from fee hikes, HCM City leader pledges full support for residents, businesses, Cameras to curb stone-pelting, HCMC Party Chief’s hotline receives 1,200 calls

More firms close, fewer open in 2014

 VietNamNet Bridge – More businesses in Viet Nam have either suspended or shut down operations in the first three quarters of 2014,