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The Ho Chi Minh City government has just submitted to the Prime Minister a plan to equitise 68 out of 91 state-run companies in the city, with the first batch of 31 firms to go public by 2015.
Chu Tien Dung, chairman of the Ho Chi Minh City Computer Association, told the Daily that the job-hopping ratio in the software outsourcing sector has surged by nearly 20 per cent as industry players are grabbing their rivals’ employees given a labour undersupply.
Vietnam’s economy hopes to face fewer difficulties in 2012 than in 2011 but a number of challenges remain, writes Professor Nguyen Quang Thai from the Vietnam Economic Association (VEA).
The State Bank of Vietnam has recently denied rumours circulating throughout its cities that coins were to be officially withdrawn from circulation on May 27, 2012.
A conference was held on July 25 in Ho Chi Minh City to review the results after more than two years of the implementation of the ASEAN-Australia-New Zealand free trade agreement.
The 5th Vietnam International Electrical Technology and Equipment Exhibition 2012 (Vietnam ETE 2012) and the Greenergy Expo 2012 opened in Ho Chi Minh City on July 25.
Vietnam economic report by VinaCapital: GDP weakness remains policy issue of serious concern.
The HCMC government has just submitted to the Prime Minister a plan to equitize 68 out of 91 State-run companies in the city, with the first batch of 31 firms to go public by 2015.
The world economic crisis and the big difficulties in Vietnam both have led to the sharp falls of the foreign direct investment (FDI) from familiar sources. However, the US big economic groups still keep pouring capital into Vietnam.
Small hydro-electric plants propose their generated power be bought at a higher price as one of the measures to save them from losses and to tackle a capital shortage which has long been a headache.
US energy giant General Electric (GE) signed contracts with Vietnamese partners on Tuesday to supply electrical equipment to the local industry.
