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Tet bonus 2022 likely to be lower due to the pandemic

Businesses in banking, technology, and seaports will likely be able to keep Tet bonuses level with 2021 while other sectors, especialy tourism are likely to be lower than last year.

 

Hoi An says ‘no’ to dog, cat meat, decision applauded by foreign travelers

“It's great that Hoi An has committed not to consume dog and cat meat. I will definitely come back to Hoi An to admire this beautiful, old and civilized city,” a foreign traveler said.

Early days for proptech as new companies seek trust

The inaccuracy of existing data, the slow speed of technology adaptation, and very limited collaborations between different sides in the real estate industry are hindering the Vietnamese proptech sector from booming.

Christmas pine trees from Russia sell for first time in Vietnam, more affordable than Danish

Christmas pine trees’ longer journey from Denmark before arriving in Vietnam means they have a higher price than the more affordable trees from Russia.

Expenditures still haunt food groups

Food and foodstuff producers may have no option but to increase prices as the cost of input material shoots up, increasing expenditures in production.

VEC to use collected tolls from 4 highways to pay debt to Japanese contractors

Vietnam Expressway Corporation (VEC) is following procedures to use money from tolls collected from four highway projects to pay the Japanese contractors of the Ben Luc – Long Thanh Expressway project.

Stocks remain attractive on record fertiliser prices

As prices of fertilisers keep soaring to all-time highs and showing no signs of cooling down, the World Bank expects that the uptrend will continue next year. 

13 designers gather for Vietnam Int’l Fashion Week 2021

The Vietnam International Fashion Week (AVIFW) 2021 will take place at the Capital Studio in HCMC’s District 3 on December 21-23 after it was halted several times due to Covid-19.

Officials, Party members face discipline, Party expulsion for violations

The Communist Party’s Secretariat yesterday issued a decision to expel four officials from its membership for their violations of the Party’s regulations.

No large-scale lockdown due to high vaccination rate: Hanoi authorities

Hanoi’s leader reaffirmed on Wednesday that no large-scale lockdown was on the table currently amid a spike in COVID-19 cases in recent days.

“Taking part in charity work means that you have to ignore others’ judgmental attitudes”

The President of Kim Oanh Charity Foundation said that when entrepreneurs donate to the poor, they should not worry too much about other people’s negative opinions.

Hanoi-based Noi Bai airport stops rapid Covid testing

The Noi Bai International Airport in Hanoi City scrapped the rapid Covid testing service today, December 16.

Vietnam does not take side, PM reaffirms

Prime Minister Pham Minh Chinh reaffirmed Vietnam does not take side while he was addressing the 31st diplomatic conference on Wednesday.

VIETNAM BUSINESS NEWS DECEMBER 16

First Economics-Defence Combination exhibition underway

 

Vietnam sets maximum annual overtime at 300 hours

The total number of overtime hours for workers in seasonal jobs and manufacturing to order has been capped at 300 hours per year, according to new regulations issued by the Ministry of Labour, Invalids and Social Affairs.

VIETNAM NEWS HEADLINES DECEMBER 16

PM orders solutions to reduce critical Covid cases, deaths

Inspring Characters 2021: Hero who rescued a falling toddler 'awakens' community compassion

Nguyen Ngoc Manh, a truck driver, became known throughout the country after he saved a little girl who fell from a Hanoi apartment complex in February.

Finance and capacity lead energy transition dilemma

The Vietnamese government is calculating an additional plan for the development of power sources in the country, considering the contingency and reduction of coal power sources following the COP26 climate summit.

Vietnam dong increases unexpectedly against US dollar

The Vietnamese dong has appreciated by around 2 percent against the US dollar in the last eleven months of this year. It is now to be seen whether this trend will continue in the coming year or not.

Air Lease Corp. helps Vietnam Airlines restructure aircraft fleet

Vietnam Airlines and Air Lease Corporation (ALC) of the United States have reached an aircraft restructuring agreement related to the lease of 18 aircraft, including 12 Airbus A321Neo and 6 Boeing B787-10 under their current contract.