Business News

In documents sent to agencies for proposals on the regional minimum wage to report to the Government, the ministry said the National Wage Council agreed not to increase the minimum wage this year.

Novaland had the largest number of projects under discussion by the central and local authorities, with 10 of the 32 projects bearing their logo. These projects include Co Giang apartment building in District 1, the officetel and apartment building at 151 Ben Van Don Street in District 4, a 30 hectare project in Binh Khanh commune of District 2, and seven other projects in Phu Nhuan district.

Deputy Prime Minister Trinh Dinh Dung has signed Decision No.299/QD-TTg, approving the investment policy of the construction project of terminals 5 and 6 of Haiphong’s Lach Huyen Port.

Strategic investment destination in Ba Ria - Vung Tau province. Located at Nghia Thanh commune, Suoi Nghe commune, Chau Duc District; Song Xoai commune, Chau Pha commune, Tan Thanh District, Ba Ria - Vung Tau province, Vietnam.

1. Materials and accessories supply
2. Cooling water circulation pump supply
3. Materials and equipment supply
4. Optical cable supply and transporting
5. Air conditioner maintain-bid extend
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To support businesses to recover operations soon, numerous policies related to deferring tax and land rent payments are to be put in place, while a reduction in corporate income tax is being considered.

SSI Research has cited information from VPBank’s Board of Management that the due diligence process for FE Credit sale has been conducted. FE Credit, Vietnam’s largest consumer finance firm, is in negotiation with its potential partners, though the discussion progress is somewhat interrupted due to the pandemic.

Vietnam is becoming an attractive destination for foreign investors as several of the world’s largest technology corporations plan to shift their production chains to Vietnam, leading to certain changes in the structure and productivity of the labour market.