Cumulatively, the total State budget collection during the first five months of this year was estimated at VND577 trillion, or 38.2% of the plan, a plunge of 9.2% over the year-earlier period. This indicates that the State budget collection also runs into trouble when the economy turns sour due to Covide-19. … [Read more...] about Higher labor productivity: pay rise
Mccarthyism rise and fall
Hanoi (VNA) - The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), reported nearly 27.6 trillion VND (1.18 billion USD) in revenue between January and May, more than 6 percent higher than its target for the period. Pre-tax profit stood at over 4.5 trillion VND, exceeding the target by 34 percent. It also contributed close to 2 trillion VND to the State budget, 62 percent higher than expected. According to PV Gas General Director Duong Manh Son, its operations were impacted by the COVID-19 pandemic triggering a fall in oil prices. PV Gas has made every effort to sustain its business, reduce inventory, and clear several construction hurdles, he said. As such, the company produced and distributed nearly 3.8 billion cubic metres of gas in the first five months of this year, meeting its target. Production and distribution of LPG and condensate stood at 720,000 and 26,000 tonnes, respectively, 41 and 10 percent higher than targeted./. … [Read more...] about PV Gas’s Jan-May revenue surpasses goal despite pandemic
For those who are in the priority list by the Ministry of Foreign Affairs should receive privilege in entry procedures and the criteria for selection must be transparent, the Government Office noted, citing orientations of the PM. … [Read more...] about Vietnam plans to repatriate 14,000 more citizens
The news comes after Saigon Gold, Silver and Gemstone joint stock company quoted its gold price this morning at VND49.15 million per tael for selling and VND49.53 million per tael for buying, representing increases of VND110,000 and VND140,000, respectively, in comparison with the previous day’s prices. … [Read more...] about Gold prices climb to new peak of VND49.6 million per tael
Under the resolution, the country will aim to attract foreign investment in a selective manner, focusing on quality, efficiency, technology and environmental protection. Priority will be given to foreign direct investment (FDI) projects that use advanced technology and modern management with high added value, bringing spillover effects to Vietnamese enterprises, especially small and medium-sized enterprises; and the projects must be able to connect to the global production and supply chain. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?