May 18, 2024
Vietnam corporate bond issuances up 29.1 percent in April
This is another positive sign for corporate bond issuances after a slow start to the year–there were just VND 5.96 trillion or US$242 million of corporate bonds issued in the first two months of 2024.
Minimum wage hike of 6 percent submitted to Vietnam government for approval
This will be welcome news for Vietnam’s minimum wage workers with no minimum wage hike last year despite inflation floating around 4 percent. The Vietnam General Confederation of Labor had been pushing for between 6.48 percent and 7.3 percent with the Vietnam Chamber of Commerce and Industry, a peak business representative body, pushing for between 4.5 and 5 percent. Vietnam’s National Wage Council, which makes recommendations to the ministry, looks to have essentially split the difference.
Billions of foreign aid lost in delays caused by politcal uncertainty in Vietnam
Of note, these delays in project approvals seem to be mostly in infrastructure projects and aid programs. New projects in the manufacturing and processing industry have continued to move forward without any more delays than is typical–critical to Vietnam’s economic development, investigating corruption in the industry could discourage further foreign direct investment.
Airlines are making just US$1 per passenger: Vietnam Airlines exec.
The rising price of airfares in Vietnam has been in the news a lot lately. A review of airline ticket prices by the Vietnam Aviation Administration, however, after conducting a brief investigation, earlier this year, found that airfares prices have been within the current guidelines–in Vietnam airfares are regulated by the government.
In today’s Vietnam news: Fuel price changes, Removing export barriers to reduce trade deficit, Land valuation changes, Carbon market challenges, Adidas possible kit supplier
In today’s Vietnam news: ESL provider possible sale, Waste-to-energy project breaks ground, Driver shortages?, Drugs stores fined, Bad debts rising, Securities firm fined, Industrial
In today’s Vietnam news: Oil and gas stocks rally, Business closures HCMC, New SK bank enters market, Business dissolution reform, Google Pixel China to
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It