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labor costs

Update news labor costs

Rising labor costs erode Vietnam’s appeal to foreign investors
Vietnamnet global

Rising labor costs erode Vietnam’s appeal to foreign investors

As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.

 

Work to do
Vietnamnet global

Work to do

 Low labor costs won’t serve Vietnam’s development indefinitely.

Transport ministry saves over VND39 trillion from 44 projects
Vietnamnet global

Transport ministry saves over VND39 trillion from 44 projects

 VietNamNet Bridge – The Ministry of Transport has saved VND39.365 trillion from 44 projects after reviewing and making changes to these projects in accordance with Resolution 11/NQ-CP issued by the Government in 2011.