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Samsung rejects NGO report on worker mistreatment
Friday,  Nov 24,2017,22:37 (GMT+7)
HANOI – A non-governmental organization (NGO) report said workers at two factories of Samsung Electronics Vietnam do not have employment contracts and noise there is higher than permitted levels.
Wooden product exporters regain growth momentum
Friday,  Nov 24,2017,22:37 (GMT+7)
HCMC – Exporters of wooden products regained double-digit growth in the first ten months of 2017 after a growth rate of a slight 1.1% last year, said Huynh Van Hanh, vice chairman of the HCMC Handicraft and Wood Industry Association (HAWA).
HCMC needs VND480 trillion for development projects next year
Friday,  Nov 24,2017,22:37 (GMT+7)
HCMC - HCMC will have to raise VND480 trillion (US$21.12 billion) next year to fund its development projects designed to achieve gross regional domestic product (GRDP) growth of 8-8.5%.
Law on public debt management passed
Friday,  Nov 24,2017,22:36 (GMT+7)
HCMC - The draft Law on Public Debt Management regulating the use of loans, debt payment and public debt management was passed by the National Assembly on November 23, with more than 85% of the vote.
Italian firms seek investment opportunities in Vietnam
Friday,  Nov 24,2017,22:36 (GMT+7)
HCMC – An Italian mission of 80 leading firms and 150 delegates will come to Vietnam next week to sound out cooperation prospects and strengthen ties between the two countries.
Govt to borrow US$300 million to build hi-quality universities
Friday,  Nov 24,2017,22:31 (GMT+7)
HCMC – The Government has decided to borrow official development assistance (ODA) loans totaling around US$300 million from international financial institutions to develop three hi-quality university towns in the country, Nhan Dan newspaper reports.
Beverage sector faces severe glut
Friday,  Nov 24,2017,22:25 (GMT+7)
HCMC – Domestic beverage firms have been struggling with a sales slowdown, which is evident in a rise in inventories, heard a seminar in HCMC on November 22.
Few enterprises keen on information security outsourcing
Friday,  Nov 24,2017,22:24 (GMT+7)
HCMC – Many southern enterprises have paid much attention to information safety but few of them have chosen to outsource the information protection job, according to security experts.
Obstacles to SOE equitization addressed
Friday,  Nov 24,2017,22:23 (GMT+7)
HCMC - The Government has issued Resolution No.121/NQ-CP detailing solutions to shortcomings and difficulties in transforming State-owned enterprises (SOE) into joint-stock concerns, the Government news website reports.
First cashier-free convenience store appears in HCMC
Friday,  Nov 24,2017,22:22 (GMT+7)
HCMC – A convenience store which lets shoppers walk in, load up on the items they want and walk out without having to wait in lines or at checkout counters to pay has recently emerged in HCMC.
Round-up
Friday,  Nov 24,2017,22:19 (GMT+7)
Market rally loses steam
Friday,  Nov 24,2017,22:18 (GMT+7)
HCMC – Having hit a 10-year high at over 940 points, the local stock market then succumbed to the selling pressure on November 23, but the VN-Index still managed a fractional rise at the close.
HCMC agrees to extend metro line to Dong Nai, Binh Duong
Friday,  Nov 24,2017,22:17 (GMT+7)
HCMC – The HCMC government has given the nod to an extension of Metro Line No.1 to the neighboring provinces of Binh Duong and Dong Nai.
Three deals inked on day one of agriculture fair
Friday,  Nov 24,2017,22:16 (GMT+7)
CAN THO – Individuals and enterprises participating in the Vietnam International Agriculture Fair 2017 that opened in Can Tho City on November 23 signed agreements worth over VND5.7 billion in total.
Budget revenue to fall over FTAs
Friday,  Nov 24,2017,22:15 (GMT+7)
HCMC – Vietnam may lose over VND110 trillion in budget revenue in the next three years as a result of new-generation free trade agreements (FTAs), according to the Ministry of Finance.
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